Concordia Healthcare Corp. T.CXR.R

The reason for CXR dip today. Insys Therapeutics down 18%

[JAInvestor]

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

[Slinger14]

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.

[health1234]

nasdaq Biotech was  -118 (3.39 )  all biotech stock end up red today.  

[ogieboogeyman]

CXR is up in after hours trading...52.375 CAN...X fingers that it will hold BOO

[health1234]

artical on marketwatch S&P 500 sees biggest selloff in more than 2 monthsU.S. stocks sold off on Thursday after the European Central Bank unveiled further monetary stimulus measures that fell short of expectations. Meanwhile, Federal Reserve Chairwoman Janet Yellen reiterated that conditions were in place to begin normalizing interest rates. The S&P 500 SPX, -1.44% fell 29.88 points

[Slinger14]

Rather than saying the TSX is down 1%, I should've said the S&P was down 1.44% and the Nasdaq down 1.67% as they have a much larger effect on CXR SP than the TSX due to most of the activity happening in the US. health1234 wrote: artical on marketwatch S&P 500 sees biggest selloff in more than 2 monthsU.S. stocks sold off on Thursday after the European Central