Birdwatch Note Rating
2023-03-24 05:22:02 UTC - HELPFUL
Rated by Participant: D7CE373B603D7127D2079680CCDC8484F1995439DA6982670DA154F1A10F8F98
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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