Here's Why Horizon Pharma Plc's Stock Slumped In April

What: Shares of Horizon Pharma (NASDAQ: HZNP) dropped by 11.5% in April, according to data from S&P Global Market Intelligence. The drugmaker's monthly decline primarily stemmed from its updated annual guidance that hit the Street last month, and subsequently fell below analysts' expectations in terms of net product sales for the first and second quarter of 2016.

 

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