Birdwatch Note Rating
2023-03-24 14:41:07 UTC - HELPFUL
Rated by Participant: 36B4209D0D2C2EB7CDABCAF2D3217511B28763114EBDBBEFE664D0C454FC5C8A
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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