On Wednesday, Alvotech (Symbol: ALVO) saw its shares fall below the critical 200-day moving average of $12.47, trading as low as $11.68. This decline marks a drop of approximately 6.8% for the day. The following chart illustrates ALVO’s performance over the past year in comparison to its 200-day moving average:
According to the chart, the shares have experienced a 52-week low of $10.50, while the highest point over the same period reaches $18. Currently, the last recorded price for Alvotech shares stands at $11.72.
Click here to find out which 9 other stocks recently crossed below their 200-day moving average »
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