Here's Why a Handful of Pharmaceutical Stocks Rose Wednesday
BMYBristol-Myers Squibb(BMY) Investopedia·2024-08-29 07:01

Key TakeawaysSeveral pharmaceutical stocks moved higher Wednesday, bucking downward pressure on the broader markets.An array of clinical trial results and regulatory decisions helped boost shares of Gilead Sciences, Bristol-Myers Squibb, and Vertex Pharmaceuticals.The pharma industry has underperformed in 2024 despite several companies making headlines with blockbuster weight-loss treatments. Shares of several drugmakers and biotechnology firms moved higher on Wednesday, notching some of the day's top perfo ...