Imagine Owning Teva Pharmaceutical Industries (NYSE:TEVA) And Trying To Stomach The 89% Share Price Drop
Long term investing is the way to go, but that doesn’t mean you should hold every stock forever. We really hate to see fellow investors lose their hard-earned money. Imagine if you held Teva Pharmaceutical Industries Limited (NYSE:TEVA) for half a decade as the share price tanked 89%. And we doubt long term believers are the only worried holders, since the stock price has declined 74% over the last twelve months. Furthermore, it’s down 47% in about a quarter. That’s not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
While a drop like that is definitely a body blow, money isn’t as important as health and happiness.
Check out our latest analysis for ...
Read Full News: https://simplywall.st/stocks/us/pharmaceuticals-biotech/nyse-teva/teva-pharmaceutical-industries/news/imagine-owning-teva-pharmaceutical-industries-nyseteva-and-trying-to-stomach-the-89-share-price-drop/