Mylan shares drop 1.4% after Bloomberg report says it’s facing U.S. antitrust investigation over EpiPen

Mylan shares sunk 1.4% in afternoon trade Monday after Bloomberg reported it was facing a U.S. antitrust investigation into its EpiPen competitive practices. Mylan settled charges of misclassifying the EpiPen allergic reaction treatment for Medicaid rebates with the Justice Department for $465 million in October of 2016. Mylan shares have declined 2.8% over the last three months, compared with a 7.0% rise in the S&P 500 .

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