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AbbVie promotes "collaboration spaces" (photo via AbbVie's Twitter account).
What Happens When A Hedged Stock Slips
AbbVie (ABBV) was not one of Portfolio Armor's top names last month, but I included it in a hedged portfolio I presented then because it was a popular name among some conservative investors. It has turned out to be an inauspicious inclusion so far, with the stock tumbling 16.25% on Tuesday after news broke of AbbVie's pending bid for Allergan (AGN). A drop this steep in a stock can have a big impact in