John123
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John123 in Gainers & Losers,

Mylan plunged 5% on Hillary comments

Hillary Clinton called on pharmaceutical company Mylan NV (MYL) to voluntarily drop the price of their severe allergy treatment drug EpiPen, which has increased in price by 400% in the past decade.

"That's outrageous - and it's just the latest troubling example of a company taking advantage of its consumers," Clinton said in a statement. "It's wrong when drug companies put profits ahead of patients, raising prices without justifying the value behind them."

The stock closed down 5.46% @ $43.13

Welcome to the election season. Beware of politicians. I will stay out of pharma stocks for the nearest couple of months.