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Why AbbVie's Shares Dropped 10.5% Friday

TheMotleyFool

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Why AbbVie's Shares Dropped 10.5% FridayPhoto, wide shot, wide-angle lens, Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png

Pharmaceutical company AbbVie (NYSE: ABBV) saw its shares drop 10.5% on Friday. The stock closed at $156.31 on Thursday, then opened on Friday at $149.56 and fell to a low of $139.93 in early morning trading before rallying a bit in the afternoon.

The stock's 52-week low is $105.56 with a 52-week high of $175.91.

Image source: Getty Images.

Source Fool.com

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