Here’s Why Regeneron Pharmaceuticals (REGN) Fell in Q2

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A copy of the letter can be downloaded here. Global equity markets experienced a significant shift during the quarter, moving from notable losses to reaching new highs. Markets fell following the President's announcement of unexpectedly severe tariffs, which raised recession fears. After a brief pause on tariffs, markets regained confidence, closing the quarter at or near all-time highs. In this environment, the Baird Chautauqua International Growth Fund underperformed its benchmark during the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.In its second-quarter 2025 investor letter, Baird Chautauqua International and Global Growth Fund highlighted stocks such as Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN). Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is a biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases. The one-month return of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) was -2.89%, and its shares lost 46.36% of their value over the last 52 weeks. On September 26, 2025, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) stock closed at $563.90 per share, with a market capitalization of $59.766 billion.Baird Chautauqua International and Global Growth Fund stated the following regarding Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) in its second quarter 2025 investor letter:"Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) reported mixed top-line results from a pipeline drug, itepekimab, in Chronic Obstructive Pulmonary Disease (COPD), with one of the two trials meeting expectations. While itepekimab is not expected to be a core driver of Regeneron’s shares, other drug candidates in its pipeline continue to advance."Why Regeneron Pharmaceuticals, Inc. (REGN) Crashed Last WeekRegeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 73 hedge fund portfolios held Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) at the end of the second quarter, up from 66 in the previous quarter. In the second quarter of 2025, Regeneron Pharmaceuticals, Inc.'s (NASDAQ:REGN) total revenues reached $3.7 billion, which represents a 4% growth compared to the previous year. While we acknowledge the potential of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,688.46 +27.25 (+0.41%)Dow 3046,397.89 +81.82 (+0.18%)Nasdaq22,660.01 +68.86 (+0.30%)Russell 20002,436.48 +1.24 (+0.05%)VIX16.28 +0.16 (+0.99%)Gold3,888.90 +15.70 (+0.41%)PortfolioSign in to access your portfolioSign inTop gainersWOLF Wolfspeed, Inc. 28.60 +6.50 (+29.41%)UNFI United Natural Foods, Inc. 37.62 +5.86 (+18.45%)SMTC Semtech Corporation 71.45 +9.47 (+15.28%)BE Bloom Energy Corporation 84.57 +10.97 (+14.90%)CRWV CoreWeave, Inc. 136.85 +14.33 (+11.70%)Top losersMENS Jyong Biotech Ltd. 39.38 -10.62 (-21.24%)FLY Firefly Aerospace Inc. 29.32 -7.64 (-20.67%)DOCU DocuSign, Inc. 72.09 -10.05 (-12.24%)KVYO Klaviyo, Inc. 27.69 -3.80 (-12.07%)BRZE Braze, Inc. 28.44 -3.78 (-11.73%)Most activeSNAP Snap Inc. 7.71 -0.69 (-8.21%)NVDA NVIDIA Corporation 186.58 +4.70 (+2.59%)OPEN Opendoor Technologies Inc. 7.97 -0.23 (-2.80%)PFE Pfizer Inc. 25.48 +1.63 (+6.83%)INTC Intel Corporation 33.55 -0.92 (-2.67%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersNKE NIKE, Inc. 69.73 +0.18 (+0.26%)PFE Pfizer Inc. 25.48 +1.63 (+6.83%)LAC Lithium Americas Corp. 5.71 -0.03 (-0.52%)CRWV CoreWeave, Inc. 136.85 +14.33 (+11.70%)LLY Eli Lilly and Company 763.00 +36.49 (+5.02%)Top economic events