This drop is highly unusual at 2.9 standard deviations and significantly underperforms the healthcare sector by over 6 percentage points. The AbbVie facility sale announced January 14 is unlikely to explain today's selloff as asset sales are generally not negative catalysts. The lack of Tier 1/2 sources covering any negative developments suggests either undisclosed company-specific news or institutional repositioning ahead of an unknown event.
This is a permanent link to this specific analysis (ID: 2525)
Back to Dashboard