Birdwatch Note Rating
2023-03-24 06:01:26 UTC - HELPFUL
Rated by Participant: 9EB7F07CAD40AA73AD93823957A06C888F9B2CE1EC4C3B34F6A5A84C9A3339DD
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