Ionis Stock Has Plunged 30%. Is It Time to Buy the Beaten-Down Stock?
Ionis stock has plunged 30%. The company's Q2 revenue fell, though last year's figures included a large one-time payment, and the earnings report also showed other signs of trouble.
Why it matters — An Ionis watcher would care because the sharp share-price decline and Q2 earnings report signal concerning financial results for the company.