Why Did Valeant Stock Drop 46% This Week (NYSE: VRX)

The Valeant stock drop has now reached nearly 46% this week. Today (Thursday), Valeant Pharmaceuticals Intl. Inc. (NYSE: VRX) stock is down another 20% as shares trade near $95. The worst Valeant stock drop happened Wednesday when shares fell 40% intraday amid a scathing report from Citron Research. VRX stock ended Wednesday's session down 19%. Here's what caused the sell-off and why Valeant shares may have further to fall... Tags: NYSE: VRX , the pharmaceutical Enron , Valeant shares , Valeant stock , Valeant stock drop , Valeant stock plunge , Valeant stock price , Valeant stock price drop , VRX stock , VRX stock drop , VRX stock price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Did Valeant Stock Drop 46% This Week (NYSE: VRX) appeared first on Money Morning - We Make Investing Profitable .
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