Bausch Health(BHC) Plunges 13.94% in Two Days, Hits 2024 Low

Bausch Health(BHC) shares fell 1.14% today, marking the second consecutive day of decline, with a total drop of 13.94% over the past two days. The stock price hit its lowest level since July 2024, experiencing an intraday decline of 2.75%.

Bausch Health Companies has faced significant financial challenges, including negative returns on equity and net margins. On different occasions, the company reported returns on equity of -577.82% and -755.86%, along with net margins of -0.48% and -1.88%. These financial metrics indicate a struggling performance, which has likely contributed to the decline in the company's stock price.

On February 20, 2025, Bausch Health's stock price experienced a notable drop, falling by $1.02 or 14.4%, to $6.05. This significant decrease in value reflects the market's negative sentiment towards the company's financial health and future prospects.

Adding to the concerns, a recent stock forecast predicts that Bausch Health's stock could fall by 17.84% over the next three months, with a predicted price range between $3.93 and an unspecified upper limit. This forecast further underscores the market's pessimistic outlook on the company's performance and potential for recovery.