Ardelyx initially projected a revenue range of $410-$430 million from IBSRELA in 2026, which they reaffirmed on April 30th. However, on August 6th, the company revised this figure down to $350-$370 million. The reduction led to a 17.86% decrease in ARDX stock price the following trading day. In New York on August 20, 2026, Ardelyx (NASDAQ: ARDX) shareholders were...
