The Traderszone Network

Published in TZ Latest News 7 November, 2017 by The TZ Newswire Staff

Here’s Why Teligent Stock Was Cut Nearly in Half Today

Shares of specialty generic pharmaceutical manufacturer Teligent (NASDAQ: TLGT) dropped as much as 46% today after investors digested the company’s third-quarter 2017 results. Operations appeared to have slowed after a strong first half of the year. That forced management to lower its full-year 2017 financial guidance for revenue and gross margin. 

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