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The collapse of Valeant, as told by its stock chart

Mar 14, 2017, 06:01 IST

Bill Ackman has officially quit Valeant Pharmaceuticals.

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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:

Business Insider/Andy Kiersz, data from Bloomberg
Business Insider/Andy Kiersz, data from Bloomberg

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