Pharma, Lockheed Martin Stocks Crash After Trump Press Conference
Donald Trump said the pharmaceutical industry was “getting away with murder”.
President-elect Donald Trump held his first press conference since his US poll win on Wednesday and apart from the various issues he addressed, he said the pharmaceutical industry was “getting away with murder” and also referred to the delayed F-35 fighter jet project.
The stocks of the pharmaceutical industry fell as he criticised the industry.
He said that the “pharmaceutical industry is getting away with murder” and that there are a lot of lobbyists with “a lot of power”.
He spoke about the delayed F-35 fighter jet projects and said there will now be more competition, which will be “a beautiful thing”.
And with this, the stock of F-35 manufacturer Lockheed Martin nosedived.
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