Why Is Bausch (BHC) Down 11.7% Since Last Earnings Report?

A month has gone by since the last earnings report for Bausch Health (BHC) . Shares have lost about 11.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Bausch due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Bausch Health Q3 Earnings and Revenues Top, Xifaxan Boo ...