Revance Therapeutics Inc (RVNC): Cramer voiced a negative opinion about R...

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Re: jmkobers post# 1851

Saturday, 03/27/2021 1:54:06 PM

Saturday, March 27, 2021 1:54:06 PM

Cramer voiced a negative opinion about RVNC yesterday evening on his "Lightning Round". A summary of the segment is reproduced below. A video link to the full version of the live segment follows. It starts with the 4th caller. Mercifully, the segments are fairly brief.

Cramer thinks that Abbvie's Richard Gonzalez will cut Botox prices to compete with RVNC:

Revance Therapeutics: “The guy who runs AbbVie, he’s a very, very competitive fella and he hasn’t even turned the juice on yet for Allergan, and I think when does, [AbbVie CEO Richard Gonzalez] is going to hurt Revance. ...I want you to be careful [in] Revance. I wish I liked it more.”

link to video:

https://www.cnbc.com/2021/03/26/cramers-lightning-round-you-should-own-paypal-dont-trade-it.html

Difficult to believe that a Cramer opinion would have any lasting impact on RVNC's price.