Birdwatch Note Rating
2023-03-24 05:05:44 UTC - NOT_HELPFUL
Rated by Participant: 24A1DA1C63256A611013A3FA38FC01A065FE68805B85E48D0E2922132F7916E6
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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