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Share price is down because manipulation from the big big funds , banks because this week is options expiry they manipulate the share price down to make options expiry worth nothing ,
despite the good news about the antibody drug they have power to manipulate the market down .
Today AstraZeneca delivered to the market excellent news ( ASTRAZENECA: AstraZeneca said its COVID-19 antibody drug was 83% effective in cutting the risk of people contracting symptomatic illness in a six-month follow-up study.)
If this new in any other market than UK Stockmarket or AstraZeneca is listed in any other world Stockmarket than Uk the share price will be up more than 10 % at least .
In USA when Pfizer announced the antibody tablet the share price jumped more than 7% and all the world markets moved up because they celebrated the new medication .
What is wrong with the investment in UK ?
AstraZeneca Deutsche Bank, meanwhile, reiterated its positive stance and £105 a share valuation.
Of the 27 banks and brokerages covering AZ, 23 have positive recommendations on its stock.
while the median profit forecast for 2021 is 136% ahead of the 2020 total.
AstraZeneca's premium growth story still not appreciated by the market, leading investment bank says
https://www.proactiveinvestors.co.uk/companies/news/965003/astrazeneca-s-premium-growth-story-still-not-appreciated-by-the-market-leading-investment-bank-says-965003.html
AstraZeneca (LON:AZN) makes progress in the fight against liver cancer
https://www.fool.co.uk/2021/10/18/astrazeneca-lonazn-makes-progress-in-the-fight-against-liver-cancer/
The rules are good for Companies like AstraZeneca , GSK and Sanofi
The bloc wants to reduce its reliance on drug ingredients manufactured abroad as its estimates two-thirds of those ingredients are produced in India and China.
"The crisis has shown that we are too dependent on China and on other third countries when it comes to pharmaceutical products," German health minister Jens Spahn said.
An EU official said that pharmaceutical companies could be offered R&D incentives, but on the condition they accept stricter supply obligations.
Selected pharmaceutical companies: AstraZeneca (NASDAQ:AZN), GlaxoSmithKline (NYSE:GSK), Sanofi (NASDAQ:SNY), Roche (OTCQX:RHHBY
If AstraZeneca share listed only in USA Stockmarket only it will be up today at least 10% today in the back AZD 7442 News the same like Merck when the share price jumped 10% once they announced the Covid pill .
It is excellent news , Merck when applied to similar drug in USA , Merck share jumped 10 % , so what will happen today in AstraZeneca ? AstraZeneca drug reduce the risk by 77% Merck 50 % .
AstraZeneca is undervalue .
https://twitter.com/cnbcjulianna/status/1428231297483292674?s=21
Study
AstraZeneca COVID-19 vaccine protection may last a lifetime: Study
https://www.timesnownews.com/india/article/astrazeneca-covid-19-vaccine-protection-may-last-a-lifetime-study/787080