Birdwatch Note Rating
2023-03-24 17:32:31 UTC - HELPFUL
Rated by Participant: 534272E1443C933FA29ABD62E0E6DE7AF5A3C6C56D7A587DF243FC1DA0F02F0C
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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