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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Vir Biotechnology, Inc. (VIR): Among Stocks Under $10 that Will Triple

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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84% Informative

U.S. small-cap stocks are struggling amid broader market challenges due to ongoing shifts in tariff policy.

The Russell index has fallen over 15% from its peak in November 2024 as of the time of writing this article.

However, the broader market has only dropped about 14% on a YTD basis.

Small-cap companies with international supply chains now face higher costs that could damage their profitability.

Vir Biotechnology, Inc. ( NASDAQ : VIR ) showed operational improvements for Q4 and FY24.

Q4 revenue was $12.4 million , down from $16.8 million a year earlier , whereas full-year revenue fell to $74.2 million from $ 86.2 .

The company ended 2024 with $1.10 billion in cash and cash equivalents and investments, down $532.3 million .

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