Why Evofem Biosciences Stock Is Falling Today
After the close of Thursday's trading session, Evofem Biosciences (NASDAQ: EVFM) released its financial results for the fourth quarter and full year ending Dec. 31. Investors did not like what they saw, and the biopharmaceutical company's stock is dropping sharply on Friday as a result. As of 12:28 p.m. EST, Evofem Biosciences' shares were down by 35.6%.