The collapse of Valeant, as told by its stock chart

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Other analysts have also issued reports about the stock. Two years ago Valeant's stock prices were valued as high as $263 per share.

However, the stock has dropped 60 percent in the last half a year after the Justice Department, the Securities and Exchange Commission, three state agencies and two congressional committees launched investigations on reported price gouging in 2015.

The move announced Monday comes after Valeant's latest disappointing financial results and forecast led a number of analysts to downgrade their recommendations and stock-price targets on the one-time Wall Street darling. They have traded as low as $10.50 on Tuesday, their lowest level since May 2009. On Monday, you could buy a share in Valeant for $12.11. The company rocked its 52-Week High of $70.43 on Mar 14, 2016 and touched its 52-Week Low of $11.36 on Mar 7, 2017. He has a market perform rating on the stock. While the actual EPS the company reported in the same quarter previous year was 1.27/share. On average, equities analysts anticipate that Valeant Pharmaceuticals Intl will post $3.89 EPS for the current year. This showed the surprise of 4.1% in the last quarter earnings. "In the last month or so, while high-yield bonds have been rising in price, Valeant's has been going the other way".

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Ackman's Pershing Square Capital Management had become one of Valeant's biggest investors in 2015 when it had invested some $3.2 billion into the company. Also, Director Thomas W. Sr. When he takes a position in a company-whether his position is that it's undervalued and has loads of money-making years ahead of it or that it's a dream-killing pyramid scheme and should be shut down by the government A.S.A.P.-he does so with mind, body, and spirit. Ross acquired 5,000 shares of the firm's stock in a transaction dated Wednesday, December 14th. The disclosure for this purchase can be found here. Kistler Tiffany Companies LLC increased its position in shares of Valeant Pharmaceuticals Intl by 95.5% in the third quarter. Two days later, the Wall Street Journal reports that US prosecutors have opened a criminal investigation into the company to probe whether it hid its relationship with a specialty pharmacy from insurers.

International Game Technology PLC (NYSE:IGT) eases up 0.68% to close at $23.66 as 1.11 Million shares changed hands in regular trading session. (See "We are on the brink of a catastrophe": nine highlights from Bill Ackman's Valeant emails.) The markets will reward strong earnings growth and organic business growth over time. Sources said Ackman sold his 27.2 million shares around $11 each.

Shares of Valeant Pharmaceuticals International, Inc.

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