AstraZeneca Stock Down Almost 14% in 3 Months: Time to Sell?
AstraZeneca(AZN) ZACKS·2025-01-06 14:56
AstraZeneca (AZN) stock has declined 14% in the past three months. A lot of this price decline is due to ongoing investigations at its China subsidiary. However, the overall drug and biotech sector has also done poorly in the past three months after Trump announced the appointment of Robert F. Kennedy Jr., a vaccine skeptic, as the head 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 t ...