Birdwatch Note Rating
2023-03-24 04:51:29 UTC - HELPFUL
Rated by Participant: 5B0A6D0CD69C9733FE6615FA26E21BFEC69680F0180D845751B6A451F41BD060
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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