Birdwatch Note Rating
2023-03-24 19:49:19 UTC - HELPFUL
Rated by Participant: 2BA3047E9BD4CE125E5126CF2D1F4F5A80226C3312D652A9BC2BC24B08CC4EC2
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
All Note Details