PTX.DE is trading at $94.60 (-6.69%) following a sharp two-day slide driven by broader tech sector weakness and investor rotation out of growth names.
- The decline aligns with a 0.4% drop in the Nasdaq on June 25 as market sentiment shifted away from high-growth equities.
- No company-specific catalyst was identified for a move of this magnitude, though a Morgan Stanley price target update to $125 remains in circulation.