Wait till analysts actually dissect the Q2 earnings report to see how there is even ANY positive organic growth. Stock should sail downward. Todays numbers are also a result of the DOW getting killed by the Russian BS.
Bought VRX stock for extra cash to make me feel better about possibly losing job at AGN due to takeover. VRX stocks drops 8 points in one day. Sigh.
By the end of the day, there will be very little spread between the two companies stock price. Ie, it will be like today never happened. Today will have very little if any bearing on whether or not a deal ultimately gets done.
the whole market was down, which made things worse. the news will be digested and the stock should start to recover. the market is just pricing in adjusted earnings with a multiple. the sky is not falling