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Stock Scan Q1 2018: A Slump And A Proper Correction

 
• By John Hodgson

The story of the first quarter of 2018 is the impact of the general stock downturn at the end of January and the selective recovery that followed. But even though AbbVie and others had their own private yo-yos, the real correction took a while.

Business development idea and developing industry success through creative invention as a light bulb evolving to a gear shape as a 3D illustration.
Q1 Slump Shifts Market Thinking Into Gear

Pharma was never going to be immune from the downturn that hit stocks in late January-early February. Not only did it wipe over 10% off the value of the top 50 drug makers in a matter of days, but it also slowed down general investor interest in trading in pharmaceutical stocks.

One indication of just how bad the quarter was is the StockScan display of Winners and Losers. The Winners graph shows all the companies whose stock rose more than 10%....

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