Why Vir Biotechnology Stock Is Dropping Today

Why Vir Biotechnology Stock Is Dropping Today

What happened? Shares of Vir Biotechnology (NASDAQ: VIR) are plunging on Wednesday following the company's release of an update regarding one of its leading pipeline candidates. At 12:28 p.m. EST the drugmaker's stock was down by 33% after falling by as much as 35.