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RVNC - AbbVie Gets Even More Complicated With Allergan
Revance Therapeutics Inc.
Prior to the announced merger with Allergan (AGN) AbbVie (ABBV) had already been a complicated stock to understand.
On the one hand, you had a fantastic dividend growth stock with a 5% and higher yield, double-digit earnings and dividend growth and the world's best-selling drug ever as its formidable cash cow. On the other hand, you had a stock trading at 52-week lows and down 20% over a year backed by collective negative sentiment as the unrivaled cash flow from its HUMIRA cash cow is set to collapse following patent expiration