Investor SentimentShares in ARS are trading down 15% since the company reported second-quarter earnings, despite a solid update.
Market ShareThe company has 57% commercial coverage without prior authorizations, below its initial target of reaching 80% commercial coverage.
Prescription ChallengesManagement noted that it had underappreciated how overwhelmed by patient volumes practices would be during these peak weeks, which makes doctors less willing to prescribe a new treatment as it requires additional time.