Birdwatch Note Rating
2023-03-24 16:34:15 UTC - NOT_HELPFUL
Rated by Participant: 99ED08FF34C32845FD77E718542AD9CE18499948892E978310E72F249E5AC6EA
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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