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Ardelyx drops 21% on restructuring plans, cuts staff by 65%

Oct. 13, 2021 10:12 AM ETArdelyx, Inc. (ARDX) StockBy: Jonathan Block, SA News Editor8 Comments

Layoff notice after spread of Covid-19 (corona virus), Crisis of the business recession during the Covid-19 outbreak.

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  • Shares of Ardelyx (ARDX -17.8%) are down this morning after the company announced a restructuring plan and staff reduction following an FDA meeting.
  • The company had a type A meeting with the agency on

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