Why Bausch Health Companies Stock Tumbled Today
Shares of Bausch Health Companies (NYSE: BHC) are tumbling today, down 11.9% as of 3:20 p.m. EDT. The big drop resulted from the major stock market sell-off that was caused by continued worries about the global novel coronavirus outbreak and plunging oil prices.
It would be understandable for Bausch Health stock to tank if its business would be significantly affected by the coronavirus epidemic or by lower oil prices. But that's not the case.
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Source Fool.com
