Black Wednesday – October 21st, 2015 – The Last Time a $50+ Billion Stock Declined 40% Intra-dayGuest Post
Black Wednesday – October 21st, 2015 – The Last Time a $50+ Billion Stock Declined 40% Intra-day
Today will be a day to remember for many market participants. It is a day I will never forget. Today bore a faint resemblance to the October 1987 crash, but for stockpickers.
Valeant Pharmaceutical’s stock fell intra-day (at its lowest point) -40% . -40%!!! That’s right, a $50+ billion market value company . . .
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