EURUSD
 
1.06159/ 1.06159
GBPUSD
 
1.25261/ 1.25271
USDJPY
 
114.060/ 114.060
USDCHF
 
1.01529/ 1.01539
AUDUSD
 
0.74168/ 0.74168
USDCAD
 
1.33871/ 1.33871
NZDUSD
 
0.70969/ 0.70979
EURGBP
 
0.84748/ 0.84748

Sanders’ Costs Company $400M In One Tweet

He may have lost the democratic nomination, but with a single tweet Sen. Bernie Sanders reminded the world he still can sway the masses.

All it took was a 114-character post from the senator to send the stock of Ariad Pharmaceuticals crashing. “Ariad has raised the price of a leukemia drug to almost $199,000 a year,” said the Senator, “Drug corporations’ greed is unbelievable.” Used to treat a rare advanced form of the disease, this year alone has seen the company raise the price of Iclusig four times. But even within such a lucrative industry as pharmaceuticals, bad press from a notoriously social-media savvy politician is no laughing matter, and losing roughly $387 million dollars in the process, even less so.

Register now

please fill in the correct email address and phone number.

Currency Converter

Try our free currency converter: