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Today's Losers in the Healthcare Sector

The market saw significant declines today in several companies within the health care sector, particularly among those specializing in biotechnology and pharmaceutical preparations. Organon & Co. (OGN) experienced a substantial drop of 26.91%, with its last sale recorded at $9.45. The company's market capitalization now stands at approximately $2.44 billion. Contributing to this decline is a negative revenue growth rate of -2.2% and a decline in EPS by -20.54%, indicating challenges in profitability and growth. One bright spot is the company's gross margins, whih are at 57%, aligning with the industry average.

Arvinas Inc. (ARVN) also saw a steep decline of 24.84%, with its share price at $7.23. Despite a notable revenue growth rate of 43.69%, the company is grappling with negative EPS growth of -5.4% and a net loss per share of $2.77. The negative PEG ratio and the absence of a dividend yield further highlight the financial struggles the company faces. The company's gross margins are not available, but the current ratio of 4.64 indicates a strong ability to cover short-term liabilities.

Pulmonx Corporation (LUNG) dropped by 21.95%, with shares priced at $3.77. The company, which operates in the medical/dental instruments industry, reported a revenue growth of 20.73%. However, its margins remain negative, with a 69% drop, and its net debt/EBITDA stands at 0.54, reflecting potential financial strain. The company's free cash flow declined by 54.96%, indicating difficulties in generating cash from operations.

Phathom Pharmaceuticals Inc. (PHAT) saw its shares decrease by 21.68%, closing at $3.36. Its EPS has declined by 209.94%, and the free cash flow has fallen -48.78%. Despite having a current ratio of 4.2, which suggests adequate liquidity, the company's lack of profitability point to considerable operational and financial hurdles. .

Symbol Name (Country) Price % Change Market Cap Industry
HPH Highest Performances Holdings (China) $5.83 -48.91% $2.18 Billion Investment Managers
OGN Organon & Co. (United States) $9.48 -26.91% $2.44 Billion Biotechnology: Pharmaceutical Preparations
ARVN Arvinas (United States) $7.18 -24.84% $497.22 Million Biotechnology: Pharmaceutical Preparations
LUNG Pulmonx Corporation (United States) $3.79 -21.95% $150.03 Million Medical/Dental Instruments
PHAT Phathom Pharmaceuticals (United States) $3.34 -21.68% $233.98 Million Biotechnology: Pharmaceutical Preparations

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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