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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

Link: https://www.bloomberg.com/news/articles/2017-03-14/valeant-slumps-after-long-time-backer-ackman-exits-with-a-loss

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?

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