Birdwatch Note Rating
2023-03-25 00:46:24 UTC - HELPFUL
Rated by Participant: 1EC6F220A6B0928C675B39D9742004491CD1967B941B858D8691405AC718423C
Participant Details
Original Note:
It is false to say this joke tweet caused the price drop. The stock dropped along with other pharmaceutical companies like Sanofi, Merck, Novo Nordisk, and Johnson & Johnson, which all showed comparable 3–4% drops that day. This was due to a broad selloff in the medical sector. https://www.barrons.com/articles/top-healthcare-stocks-fall-selloff-51668189969
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