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Alvotech's Share Price Fell After the Settlement
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Alvotech shares fell sharply at the opening of the markets today after the company released its first-quarter results yesterday. At around 11 a.m., the share price was nine percent lower than yesterday. Alvotech's revenue was $105.9 million in the first three months of the year, $27 million less than the same period last year when it was $133 million. It reported yesterday that it expected total revenue for the year to be $650 million to $700 mi…
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