AMGEN Inc
NASDAQ: AMGN
$280.07
+$0.06 (+0.0%)
Closing Price on November 27, 2024
AMGN Articles
The broad markets are holding steady near their double bottom set this summer. However, over the course of the past week this has been tested.
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Though Amgen reported better-than-expected third-quarter results on Thursday, shares sank early Friday.
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Biotech giant Amgen is scheduled to release its third-quarter financial results after the markets close on Thursday.
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The October 14 short interest data have been compared with the previous report, and short interest moves in these selected biotech stocks were mixed.
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Earnings season is now in full swing, and we have put together a preview of Bristol-Myers, AbbVie and some of the other top players in the health care sector.
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Americans generally would like to spend less money on health care. One way that this can be and will be accomplished is through the continued use and expanded use of generic drugs.
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These top biotech companies have been absolutely hammered and now trade at a valuation much lower than large cap pharmaceuticals.
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If a single failed clinical trial can mean disaster for a biotech stock, then short sellers can argue for a stock implosion down the road.
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The September 15 short interest data have been compared with the previous report, and short interest moves were upward across most of these selected biotech stocks.
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In a time when government wrangling about drug prices is more than commonplace, news of a biosimilar for the mega-blockbuster Humira being approved took the backseat to many other things.
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An RBC report noted that although headline issues such as the Federal Reserve and the election are increasing volatility, four top biotech companies may be a solid play now.
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The August 31 short interest data have been compared with the previous report, and short interest decreased for most of these selected biotech stocks.
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The August 15 short interest data have been compared with the previous report, and short interest moves were mixed across these selected biotech stocks.
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The short interest data are out for the July 29 settlement date and short interest decreased across these selected biotech stocks.
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According to one analyst, Advaxis shares could still easily more than double, even after news broke that biotech giant Amgen will become its partner.
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