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AbbVie Falls 8% in 3 Months: Buy, Hold or Sell the Stock?
ABBVAbbVie(ABBV) ZACKS·2025-01-15 01:25

AbbVie’s (ABBV) stock has declined 8% in the past three months. A lot of this price decline is due to the poor performance of the overall drug and biotech sector in the past couple of months after Trump picked Robert F. Kennedy Jr., a vaccine skeptic, to be the next secretary of the Department of Health and Human Services, the agency that oversees the FDA.This, coupled with disappointing third-quarter sales and profits, guidance cuts and pipeline setbacks took a toll on the overall drug and biotech industry ...