Stock Of The Day: Why The Viatris Meltdown Ended Where It Did

Shares of Viatris Inc. NASDAQ are consolidating Friday. This follows yesterday's 15% selloff. The stock was down because the company reported earnings that were below what The Street was looking for.The chart of Viatris is a good illustration of an important market dynamic. Certain price levels have more importance than others. This is why our team of technical analysts has made it our Stock of the Day.Some stock market analysts are proponents of Random Walk Theory. They believe that changes in stock prices ...