Perrigo (PRGO) Dropped Sharply Following Downgrade - InvestingChannel

Perrigo (PRGO) Dropped Sharply Following Downgrade

Goldman Sachs downgraded its rating on shares of Perrigo (PRGO: Quote) Friday to “Sell” from “Neutral.”

Perrigo gapped open sharply lower Friday and declined until around the middle of the afternoon. The stock finished down by 6.38 at $103.85 on above average volume. Perrigo sank to a week and a half low and dropped below its 50-day moving average.

Click here to receive FREE breaking news email alerts for Perrigo Co. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.comBusiness News