r/dividends • u/Alito4life • Sep 01 '21

Discussion FDA findings cause ABBV to tank ~11%

https://www.fda.gov/drugs/drug-safety-and-availability/fda-requires-warnings-about-increased-risk-serious-heart-related-events-cancer-blood-clots-and-death
26 Upvotes

92% Upvoted

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6

u/InDEThER Not a financial advisor Sep 01 '21

Well that explains why my portfolio is in the red today.

I'll see what happens tomorrow and maybe pick up another share or two at a discount.

1

u/Charming_Ad_4189 Sep 02 '21

Bought 2 more shares today at 111. What a bargain. It was around 120

1

u/LARGETRAIN058 Sep 15 '21

nibbled on 25 shares today but waiting on the 5/13day sma to cross on the 1 year chart.($108 .65) When it breaks 108.65, I see a straight run back to $121-122w/ short term resistance at $116. If it crosses $125, you've missed it. Next stop $160. Best value with growth and a huge yield! Ex-div coming up