Description: Valeant Pharmaceuticals International Inc. stock slumped after Bill Ackman, once its biggest champion, exited the struggling drugmaker at a loss.
Source: Bloomberg.com – video report
Date: Mar 14, 2017
Questions for Discussions:
- Explain the reasons for the sudden stock plunge?
- What is the financial situation at the firm today?
- How should invesdtors deal with this information?