Chart Tracker

GSK's Stock Wobbles Amid Zantac Litigation Drama

By Barry Stearns

4/24, 08:29 EDT
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  • The share price of the company in question experienced a significant drop in 2022, which aligns with the timeline of the Zantac-related legal developments and the subsequent investor reaction to the potential liabilities faced by the pharmaceutical companies involved.
  • Following the initial plunge, the share price has shown signs of recovery throughout 2023, yet it has not returned to its pre-drop levels, indicating ongoing investor concern regarding the outcome of the litigation and its impact on the company's financial health.