Iterum Therapeutics shares fall 97.75% intraday as company files for liquidation and faces debt default, raising delisting risk, and H.C. Wainwright downgrades ITRM rating to market.
ByAinvest
Tuesday, Mar 31, 2026 9:45 am ET1min read
ITRM--
Iterum Therapeutics fell 97.75% intraday, as the company filed for liquidation with the Irish High Court on March 27, 2026, triggering a default and increasing delisting risks. On March 30, 2026, H.C. Wainwright downgraded its ITRM rating from Buy to Neutral.
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