Teligent Has No Explanation For Sudden Share-Price Slide

US niche generics specialist Teligent is at a loss to explain why its share price has tumbled in recent times as it ramps up production at an expanded injectables facility.

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Teligent is bemused by a sudden drop in its share price • Source: Shutterstock

US niche generics specialist Teligent Inc. is unable to explain why its share price suddenly plummeted below $1.00, before bouncing back to $1.03 as of midday on 15 April.

“Teligent acknowledges that there have been significant negative movements in the value of our stock over the past many days....

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