Alert: Major Price Decline (5/10/24)-Revance Therapeutics Inc (NASDAQ: RVNC).

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On 5/10/24, Revance Therapeutics Inc (NASDAQ: RVNC) stock suffered a major decline of -22.6%, closing at $3.32. Moreover, trading volume in this decline was exceptionally high at 415% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -11.9% during the last week.

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Current PriceTarget Research Rating

RVNC’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.

Revance Therapeutics is currently unrated.

Rating Review

The stock is currently unrated.

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