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Stock impact report

AbbVie Gets Even More Complicated With Allergan [Seeking Alpha]

Revance Therapeutics, Inc. (RVNC) 
Last revance therapeutics, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.revance.com
Company Research Source: Seeking Alpha
AbbVie Gets Even More Complicated With Allergan Summary AbbVie dropped to fresh 52-week lows following the $63B takeover bid for Allergan. AbbVie had already been facing substantial challenges prior to that deal and those are not expected to become less complex thereafter. Allergan is either the key for AbbVie to prepare its post-Humira era or another failed mega takeover. AbbVie is currently one of the best buys in the market. Prior to the announced merger with Allergan ( AGN ABBV On the one hand, you had a fantastic dividend growth stock with a 5% and higher yield, double-digit earnings and dividend growth and the world's best-selling drug ever as its formidable cash cow. On the other hand, you had a stock trading at 52-week lows and down 20% over a year backed by collective negative sentiment as the unrivaled cash flow from its HUMIRA cash cow is set to collapse following patent expiration and investors clamoring for fear of how AbbVie could be able to replace that fountain of mone Show less Read more
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