Ardelyx Inc. (NASDAQ: ARDX) experienced a significant pre-market plummet of 10.31% on Friday, reflecting sharp negative sentiment among investors.
The sell-off was triggered by the company's fourth-quarter 2025 financial results, which showed earnings of breakeven per share, missing the analyst consensus estimate of $0.01 per share. Although quarterly revenue of $125.2 million surpassed expectations, investors focused on the disappointing bottom-line performance and the company's widening annual net loss for 2025 compared to the previous year.
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