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Big Pharma Stocks Are Breaking Out. Here Are Some Winners.

Por: MarketWatch Business November 11, 2022

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Recently, though, business-specific catalysts have sent pharma stocks even higher.  (AMGN) is one of those big winners. The stock is up 27% from its lowest level of the year, helping it post a similar return for the entire year. It’s currently trading at $291 a share, busting through a resistance level of the high 250s earlier this year. Key to its gain has been strong earnings results. In the third quarter, Amgen’s sales of $6.65 billion... + full article



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