🔴 Alvotech is trading 4.29% down today after adjusted revenue and EBITDA declined

Alvotech is trading at ISK 469 (-4.29%) after August 19 H1 2026 results showed adjusted revenue falling to $211.9 million from $306.1 million and adjusted EBITDA declining to $46.9 million from $53.7 million.

• Product and service revenue dropped 48.3%, while cash declined to $142.8 million, likely weighing on investor sentiment.
• The August 20 webcast and Q&A added near-term event risk.