Down 15% pre-market on XETRA: FYB.DE Formycon AG 20 Mar 2026 earnings risk

FYB.DE stock opened the pre-market session on XETRA down 15.14%, trading at €16.82 on 20 Mar 2026 after a heavy sell-off from an opening price of €19.34. Volume is elevated at 42,312 shares versus an average of 17,193, signaling outsized selling pressure in Germany’s biotech segment. The drop comes with an earnings date on 26 Mar 2026 and renewed investor focus on trial timelines and valuation multiples.