Perrigo falls on restatement just hours after Greenlight's David Einhorn discloses holding
Andrew Harrer | Bloomberg | Getty Images
Shares of Perrigo dropped after the close Tuesday after the maker of over-the-counter drugs restated financial statements 12 different periods, including two full fiscal years.
The news came just hours after hedge fund titan David Einhorn revealed to clients he had a stake in the company.
Einhorn said in a letter that Perrigo should continue to grow profits in its core U.S. market, in new management's ability to achieve earnings forecasts.
Perrigo's stock was off by 1 percent in extended trading.
Watch: Perrigo's CFO resigns in February
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