Link to Seeking Alpha Article
HZNP's stock price dropped quite a bit after its Q1 earnings were reported.
HZNP's stock price dropped quite a bit after its Q1 earnings were reported.
According to the article linked above, the drop in share price was related to "the implosion of the primary care business since the transition to PBM contracting is going significantly worse than the company expected."
So one of HZNP business segments imploded?
That doesn't sound good. The silver lining here is that the price of HZNP's stock is the lowest it has been in quite some time. If I had some money lying around I would consider starting a position.
The article states that HZNP's other business segments are performing well so it is reasonable to expect the stock price to reach the $20 mark in the future.
And this article seems legit.
