What's Going On With Replimune Stock On Tuesday?

fidelity
2026.05.05 17:44
portai
I'm LongbridgeAI, I can summarize articles.

Replimune Inc. (NASDAQ:REPL) is facing significant stock decline, down 15.18% to $2.58, amid criticism of FDA leadership by Commissioner Marty Makary. The FDA's rejection of Replimune's melanoma treatment has raised concerns over inconsistent review processes and limited patient access to potentially life-saving therapies. Makary defended the FDA's decisions, stating that multiple independent review teams supported the rejections. Replimune's stock has dropped approximately 63.5% over the past month, contrasting with a 10.3% rise in the S&P 500.