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Why Lexicon Pharmaceuticals Is Down 11% Today


Why Lexicon Pharmaceuticals Is Down 11% Today

After Lexicon Pharmaceuticals (NASDAQ: LXRX) announced yesterday the publication of phase 3 results for its lead diabetes drug, sotagliflozin, in the New England Journal of Medicine, its shares are losing 11% of their value at 11:45 a.m. EDT.

Sotagliflozin is a novel diabetes drug that attempts to improve glycemic control by targeting both SGLT1 and SGLT2 for the first time.

IMAGE SOURCE: GETTY IMAGES.

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Source: Fool.com

Sanofi S.A. ADR Stock

€48.20
-1.240%
We can see a decrease in the price for Sanofi S.A. ADR. Compared to yesterday it has lost -€0.600 (-1.240%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Sanofi S.A. ADR.
As a result the target price of 55 € shows a slightly positive potential of 14.11% compared to the current price of 48.2 € for Sanofi S.A. ADR.
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