3 ms·
And their stock is up in after hours... Doesn't seem to be much of a victory considering a bigger fine was already priced in.
by whymsicalburito 7y ago
And their stock is up in after hours... Doesn't seem to be much of a victory considering a bigger fine was already priced in.
- parsimo2010 7y agoExactly. This landmark ruling is the wrong way, it shows that pharmaceutical companies can enable the manslaughter of hundreds of thousands of people and pay relatively little in fines. Certainly less than the usually well-informed stock market was expecting. The pharma CEOs are gonna use this landmark to help them navigate to a bigger private yacht and faster private jet.