Why Liquidia Stock Was Diving This Week

Liquidia's stock fell 20% week-to-date following its Q2 earnings report, despite beating revenue expectations ($171.7M vs. $171M consensus) and posting a $74.7M net profit. The decline was attributed to the stock's steep 155% year-to-date run-up creating unrealistic expectations. The company's pulmonary hypertension drug Yutrepia is performing well, though concerns remain about its reliance on a single molecule.