Kaskela Law LLC announces that it is investigating Avidity Biosciences, Inc. (NASDAQ: RNA) (“Avidity”) on behalf of the company’s investors.

Since February 2023, shares of Avidity’s common stock have declined in value from a trading price of over $25.00 per share to a current trading price of less than $5.50 per share, a cumulative decline of approximately 78% in value.

The investigation seeks to determine whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in connection with recent corporate actions.

Avidity stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, for additional information about this investigation and their legal rights and options.