Bill Ackman has officially quit Valeant Pharmaceuticals.
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The collapse of Valeant, as told by its stock chart (VRX)
Valeant Pharmaceuticals' stock price has been falling over the last year and a half. Here are the events that punctuated that demise.
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The founder of hedge fund Pershing Square on Monday sold his investment in the company and will step down from the board. Valeant's shares fell as much as 10% after-hours.
The former stock market darling's stock has been falling consistently since September 2015 after the company began to face scrutiny over its pricing strategy, as well as its ties to a specialty pharmacy called Philidor. Its stock is down 95% since September 18, 2015.
Here's a timeline of what's happened to Valeant's shares since September 2015:
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