Why Adamas Pharmaceuticals, Inc. Stock Continued to Slide in November [The Motley Fool]
Adamas Pharmaceuticals, Inc. (ADMS)
Last adamas pharmaceuticals, inc. earnings: 2/25 04:03 pm
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Source: The Motley Fool
Adamas Pharmaceuticals' valuation took yet another hit last month. Here's why. George Budwell ( TMFGBudwell ) Dec 11, 2018 at 3:29PM What happened Adamas Pharmaceuticals ( NASDAQ:ADMS ) , a chronic disease specialist, can't seem to catch a break. Despite beating Wall Street's expectations for its third-quarter revenue, the drugmaker's shares continued their year-long slide last month by losing 39% of their value, according to data from S&P Global Market Intelligence . Adamas' shares are now down by a staggering 71% since the full commercial launch of its Parkinson's disease drug, Gocovri, last January. The market seems to be dismayed by the drug's fairly slow adoption rate -- even though its current run-rate of about $33 million in sales for the whole of 2018 is almost perfectly in line with Wall Street's and the company's pre-launch projectio
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