BridgeBio Pharma (BBIO) stock sinks 7% as JPM conference nears and achondroplasia catalyst looms
New York, January 5, 2026, 14:30 (EST) — Regular session BridgeBio Pharma shares slid 7.5% to $72.34 in afternoon trading on Monday after opening at $78.44 and touching $79.24 earlier in the session. The drop outpaced a roughly 2.2% decline in the SPDR S&P Biotech ETF, a broad gauge of U.S. biotech stocks. The move lands just ahead of a dense stretch of biotech investor events that can reshape positioning at the start of the year. For BridgeBio, the calendar puts fresh focus on a late-stage growth program and the company’s next set of talking points on its commercial heart