Emergent Biosolutions dropped 23% today
CorrectionGuess El-Hibry knew what he was doing when he sold 230,100 shares of the anthrax vaccine manufacturer between July 17 and August 6, since the vaccine company Emergent Biosolutions reported poor net earnings despite sales being up 88% this quarter. On sales of 230,100 shares since mid July, he earned about $3 million dollars. Note…