Why is this stock falling almost as fast as GM? I'd love to hear some theories.
My family held abt for 55 years. The company finds itself between a rock and a hard place. Drug development is expensive and replete with legal risk. The political environment is unfavorable and growing more so by the day. I am repetitive, but the boomers will want almost free drugs because they do not understand the costs and risks of discovery. All in all a negative view should be expected.