Can someone tell me why the price of my Abbott Labs stock dropped 51% in 1 day (From $65.50 to $32.05) on 01-02-2013.
It's weird. The company is solid, fundamentals are strong, the company is
huge! On Yahoo's website, the historical prices are in the mid '60's for the last several months in 2012. Then, for no apparent reason, 2013 starts, and the price drops in half. What's even weirder is another website shows the prices dropped to the '30's back in November, and the daily price increased 71 cents on 01-02-13. I'm baffled. There were no stock splits that day. Can someone explained to me what the heck just happened?!