$ARDX The EPS gods have spoken, and this time they weren’t kind. Ardelyx missed badly with a seven-cent loss, slashed guidance, and pulled its long-term target. The stock tanked over 20%. So much for lifting the Raab family curse: Kirk got fired from Genentech back in the day, and now Mike’s watching the same script with Kelliher riding shotgun. MoneyLine: They say the fruit doesn’t fall too far from the tree.
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