Shares of Acelyrin, Inc. (SLRN) plummeted 5.52% in the premarket trading session on Friday. The stock price drop occurred without any apparent catalyst or significant news that could explain the price movement.
The only available information was analyst commentary from Morgan Stanley, where analyst Vikram Purohit maintained a Hold rating on SLRN with a price target of $6.00. However, this rating did not provide any clear reasoning for the premarket selloff.
Analysts covering the healthcare sector have been weighing in on SLRN and other companies, but their insights did not reveal any specific events or developments that could justify the significant price decline. The reason behind Acelyrin's premarket plummet remains unclear based on the available information.
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