|Day Low/High||94.06 / 96.03|
|52 Wk Low/High||62.55 / 101.28|
With no other bidder expected to emerge, this is a high risk arbitrage play.
PFE was ready to pay $160 billion until U.S. regulators blocked the deal.
The proposed, $63 billion transaction is the latest deal in an industry where it can be cheaper to buy the science of another company than develop products.
Let's look closer at the charts and indicators of ABBV.
AbbVie is dropping on Allergan deal announcement, momentum is weak outside certain pockets.
Ironically, some experts now see biotech as a safe haven as the sector remains unaffected by trade wars and other global headwinds.
As we have seen so far, in terms of market reaction, there is great reward at the point of sale in beating expectations.
Screening Goldman Sachs' list of the top 20 stocks to see which ones are the best technical opportunities.
Experts offer their top stock ideas in oncology detection and treatment.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
One of pharma's biggest CEO's talks M&A action on the exchange.
And it is happening not a moment too soon.
Dow Theory presents tips for surviving a bear market, some top year-end stock bargains and a simple strategy for monthly income.
SHAK beat expectations for both EPS and revenue, but same-store sales decreased. Here is how I would play it.
Once the safest stocks in the book, the big-cap drug companies are now toxic.
There are no catalysts to drive the stock price higher, so for now, Gilead is simply a cheap stock with a nice dividend.
This downward action in the small biotech sector tends to happen often in the 'dog days' of summer.
This stock is still going wild after earnings.
Markets have perked up just a tad across the board since our last update. As mentioned in an earlier post, Galmed Pharmaceuticals is the second small-cap NASH (nonalcoholic steatohepatitis) play that has soared over the past week. The shares are up ...
Options spreads aren't tradable with some small biotechs, making shares the only way to play.
KLA-Tencor, Microsoft and Intel all report earnings after the close Thursday.
I think M&A activity will pick up markedly going forward across the industry.
These names are displaying signs of either bullish or bearish reversal patterns over the past week.
Markets have improved somewhat in the past 90 minutes. The Dow and S&P 500 are now in the black with other major indices nearing even. Some quick observations about some stocks with less than two hours left to end the week. AbbVie clawing back a tad...