Why Diplomat Pharmacy, Inc. Stock Dropped 10.4% Today [The Motley Fool]
DIPLOMAT PHARMACY INC (DPLO)
Last diplomat pharmacy inc earnings: 11/12 07:30 am
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Source: The Motley Fool
President Trump's prescription drug plans appear to have spooked investors who own shares of the specialty pharmacy. Keith Speights ( TMFFishBiz ) Jul 20, 2018 at 4:24PM What happened Shares of Diplomat Pharmacy, Inc. ( NYSE:DPLO ) dropped 10.4% on Friday. The specialty pharmacy didn't announce any news, but investors appear to have been rattled by the potential impact from the Trump administration's efforts to reduce drug prices. President Trump has publicly attacked drugmakers for price hikes , resulting in several major pharmaceutical companies agreeing to hold off on price increases. In addition, the Department of Health and Human Services (HHS) is considering changes that could limit rebates paid to pharmacy benefits managers (PBMs) by drugmakers. Image source: Getty Images. So what Diplomat Pharmacy makes more than 85% of i
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