A single Bernie Sanders tweet cost this pharma company $387 million

Oct17

by Sindy Cator on October 17, 2016 at 5:45 am

Who says we will no longer Feel the Bern just because the New York native is out of the running for president? A tweet from Senator Bernie Sanders’ account that went out to his 2.65 million followers on Friday sent pharmaceutical firm Ariad’s share price into a downward spiral. Drug corporations’ greed is unbelievable. Ariad has raised the price of a leukemia drug to almost $199,000 a year. https://t.co/EB4nEPxP2G — Bernie Sanders (@SenSanders) October 14, 2016 Following the tweet from Sanders’ account on Friday afternoon about how Ariad raised the price of a cancer drug, the company’s shares plummeted 15…