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Bausch Health off lows after denying bankruptcy rumors, remains down 17%

Shares of Bausch Health are off earlier lows following the stock resuming trading, though remain down $1.28, or 17%, at $6.30. Following a halt for news, Bausch Health said it was aware of a news article issued by Reorg today, citing unnamed sources. The company said in a statement: “The article contains unsubstantiated rumors, including that the Company is considering a bankruptcy or insolvency proceeding of any kind – it is not.”

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