"Pre-market Movers: Nike, Bristol Myers, NetEase, Coinbase, and More"
Several stocks are making significant moves before the opening bell, including Nike, Bristol Myers, NetEase, and Coinbase.
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Bristol Myers
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business2 years ago
Avidity Biosciences' Stock Skyrockets with Bristol Myers Collaboration
Avidity's stock has experienced a significant surge after announcing a collaboration deal with pharmaceutical giant Bristol Myers, in which the two companies will work together on developing RNA-based therapies. The partnership has generated excitement among investors, leading to a notable increase in Avidity's stock value.
Major Cancer Conferences Reveal Groundbreaking Data from Leading Pharmaceutical Companies
The European Society for Medical Oncology (ESMO) has released data from high-profile presentations several days early due to a broken embargo on the abstracts. The decision was made to ensure fair and equitable access to the data for all relevant parties. The release includes data from Bristol Myers, J&J, Novartis, and AstraZeneca.
Bristol Myers Cuts Forecast and Misses Expectations as Revlimid Sales Decline
Bristol Myers Squibb has reduced its financial outlook and reported lower-than-expected sales for the second quarter due to competition from generic alternatives to its drug Revlimid.
Leadership Changes at Bristol Myers and Mattel's Profit Outlook Affirmed
Giovanni Caforio, the CEO of Bristol-Myers, will step down from his position. The company has not yet announced a successor.