Biotech Action Today is Muddled
Biotech Action Today is Muddled-Midday Selloff presumably on "Recycling" of China Trade Chatter Uncertainty Remains on Trade War and Tariffs Little rally in gene therapy stocks; 1% + Winners include QURE RGNX SRPT; XBI up only 0.26% as rally faded. Mixed tape in mid-caps: Notable winners MRNA...
Biotech had a Great October Boosted by Large Cap Biopharma Leader…Update-1 AMRN, REGN
Update-1 11/5 2p EST IBB flat, NAZ up 0.185, earnings from AMRN and REGN. Amarin down 3.5% to $16.83 on earnings but bulls are waiting for label expansion. Q3 Revenues are $112.4 M up 103%, increased prescriptions for Vascepa with a 12/28/19 PADUFA date. Regeneron (REGN) up 8.25% to $336.60 on...
Small Cap Picks Update: AMRN, GNMK, TDOC…Update-2
Update-2 Genmark (GNMK) down 3.6 % to $5.61 on Q3 results. Beat on revenue to $20.9 M up 32 % over prior quarter, loss of 20 cents/share.Waiting for a buy-out in 2020? Update-1 ...Nov. 1...All of these picks are up today, IWM is up 1.6%, IJR is up 1..41% as of 3:30 p EDT. A small cap...
Biotech Momentum Picks Up: CRSP MRK XBI…Updates 10/29,31.
Update 10/30 1:45 pm EDT Markets weak on China deal, PMI data Sold CRSP at $50.with 25% gain in 2 weeks; will get back in on weakness. XBI off 0.89%, IBB down 0.85%, NAZ off 0.44%. BMY up 1.5% near 52 week highs. Teledoc (TDOC) a top 2019 small cap pick up over 12% on earnings-revenues up 24%....
Biotech Snapshot on a Lackluster Day-ALXN, BMRN…Update-10/25
Update-1 10/25 at close...A Good Day on Low Volume-NASDAQ up 0.7%, S&P is up 20.56% YTD! Large caps mixed with IBB down a tad 0.29%;leaders are BIIB,BMY,RHHBY NASDAQ-100 at record high; QQQ up 0.8% to $195.64. Gilead Sciences (GILD) a big loser on earnings miss down 4.25%. Revenue flat. XBI...