I am truly surprised BUB has held up as well as it has following the US election result.
Trump winning presents a significant risk to BUB in my view.
There is a likelihood of higher tariffs and increased protectionism for the domestic IMF producers. BUBs is already showing signs of peaking in USA and they are overexposed to USA market which may now be even more expensive to stay in than it was before.
Hopefully for BUBs sake no one remembers that they were specifically promoted by President Biden - it's not going to win them any favours now.
There's even talk of gutting or abolishing FDA departments under RFK Jnr - not sure the implications there for foreign IF approvals but it is another uncertainty.
BUB Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
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