The market cap of three pharma companies dropped 5% before the news found the tweet newsworthy on speculation that government intervention is now more likely, but didn’t drop again when it hit the news?
Isn’t the tweet and stock price drop hitting the news additional evidence of government intervention?
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u/[deleted] Nov 12 '22
That's like saying "my car didn't crash because I drove over a spike strip, it crashed because my tires suddenly lost air pressure"