RE:The reason for CXR dip today. Insys Therapeutics down 18%I don't think that is the major reason because of the stock specificity, but like you said regarding TSX and Mackie, it didn't help. Reasons for the dip seem to be pouring in now so it looks like the decline was due to the cumulative effect of all this negative news today. We should get back to $53 rather quickly, imo.
JAInvestor wrote: The Mackie Report and the dip in the TSX didn't help, but the real reason is that CXR got caught up in the INSY selloff over its Fentanyl-based painkiller. Nothing to to with CXR though. More guilt by association it seems
https://finance.yahoo.com/news/group-helped-break-open-valeant-183331031.html