What on earth is going on with the AstraZeneca share price?
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The AstraZeneca (LSE:AZN) share price just dipped below £100 per share. The stock has seriously underperformed in recent months, falling from above £130 in August.
So, let’s take a look at what’s being going on and explore whether investors are looking at an opportunity to buy stock in this British pharma giant.
China controversy
AstraZeneca’s shares slumped in early November following reports of an expanding insurance fraud investigation in China involving numerous senior executives.
The probe, described as the largest insurance fraud case in China’s pharmaceutical sector in recent years, has implicated dozens of AstraZeneca staff, including China President Leon…
