Not so fast genuises ! A few more adverse events or ANY negative results in trials of Rova-T, Elagoix, Upadacitinib, or Risankizumab combined with the clock ticking down on Humira could push this stock back to the $60s so fast your head will spin. Let's hope not, but smart investors won't EVER rule it out.
AbbVie Inc
NYSE: ABBV - Mar 22,
$100.06 USD DOWN $12.39 (11.02%) YUGE LOSS
This is terrible news and it going to get worse when the other cat gets left out of the bag
$60s HERE WE COME
Agree! Let's hope there isn't anymore serious adverse events with Upadacitinib (ABT 494).Y'all had (2) patients who died in trials on a low dose. Technically, if and when when Abbv launches this, it wont only be competing with Enbrel and Xeljanz, it would also be up against your own Humira. WTF ?
Heard Upadacitinib had more adverse events. When it rains it pours !!
Theres chatter on the street of Abbvie getting acquired. Heard this years ago and it never panned out
With abbvies poor balance sheet and pending loss of Humira, things can happen in the blink of an eye.
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Please refer to your employee's handbook. Under Employee Rules #7 (paraphrasing) '..employees shall not engage in rumor mongering during work hours or in public domains...' You should cease posting total fabrications, possibly formulated by competition, regarding our company. You must realize that what you posted is nonsense.
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F YOU !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! THIS IS FAKE NEWS AND ABBV WILL BE AT RECORD HIGH ASAP !!!!
STOP SCARRING US !!!!!!!!! YOU FONY IDIOT !!!!!!!!!!!!!!!!!! ABBV IS DOING FINE !!!!! F YOU
AbbVie has $9.3B in cash on the books. This is offset by $6.42B in current liabilities. On the balance sheet. the debt has been growing. With $70.79B in total assets, balanced by $65.69B billion in total liabilities shows the viability of the company under any number of imagined business contexts. Rick needs to be fired and a shakeup in C Suite is called for. Too many bloodsucking leechs bleeding AbbVie. Time for a change and stockholders will demand it. I dumped 80% @ $115 last Friday as I knew about Rova T bust from inside sources. When the next few waves of bad news hits you're looking at $50-55 stock price.
a -25% decline in stock value in the past 3 weeks.... very very scary
The stock is doing fine. STOP SCARING THE FOLKS HERE !!!!! Current price of $90.60 provides a very healthy EPS and expect many bargain hunters buying up ABBV.
Again STOP SCARING PEOPLE !!!!
YOU IGNORANT BLIVET !!!
Offsetting ricks stupidity by shorting this dog with my 8000 shares as many are. Got some nice long calls, may 90s 92.5s and shares at 90.37 quant buy signa. Sell May90 call for 6.90 buy may100 call 2.20 net credit of 4.70.SWEET
If ABBV closes below $90, which is current floor support >>> Next level of support is $70.
YIKES
If ABBV closes below $90, which is current floor support >>> Next level of support is $70.
YIKES