ATAI Life Sciences (ATAI) Stock Plummets Amidst Market Volatility

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Dec 04, 2024

ATAI Life Sciences N.V. (ATAI, Financial) experienced a significant stock drop of 5.52%, with shares priced at $1.54. The trading volume reached 732,560 shares, reflecting a turnover rate of 0.44% and a price fluctuation of 9.51%. Recent financial reports indicate revenue of $40,000, a net loss of $26.29 million, and an earnings per share of -$0.16, with a gross profit of -$43,000 and a P/E ratio of -1.94. Currently, no institutional ratings are available for this stock.

In the biotechnology sector, where ATAI operates, the overall growth was 0.18%. Notable performers include Cyclerion Therapeutics, Inc. and Nls Pharmaceutics Ltd, which showed significant stock activity and volatility.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.