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Why Agenus Stock Sank on Tuesday

TheMotleyFool

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Why Agenus Stock Sank on TuesdayPhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

Even on a generally downbeat day for the stock market, Agenus (NASDAQ: AGEN) was quite a downer on Tuesday. The biotech company's shares fell by just over 6% on the day because of a notable C-suite departure.

Agenus announced in a tersely worded regulatory filing that chief legal and compliance officer Adam Krauss has served notice that he will be vacating his position, effective this Friday, July 30.

Image source: Getty Images.

Source Fool.com

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