Birdwatch Note Rating
2023-03-24 18:55:19 UTC - HELPFUL
Rated by Participant: ACEC6AB2C84BDCEC6E8CC6DE6290B45A09405FFE6AB09C63D7CF8E2567A13AE6
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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