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Short Sellers Shy Away From Biotech Stocks
Monday, July 13, 2015 - 9:54am | 909By and large, the number of shares short in the leading biotech and emerging pharmaceutical stocks shrank between the June 15 and June 30 settlement dates. The trend was particularly noticeable in Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) and Gilead Sciences, Inc. (NASDAQ: GILD), which saw...
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Biotech Short-Sellers Prefer Amgen To Gilead Sciences
Saturday, June 27, 2015 - 6:02pm | 864Some of the biggest swings in short interest among the leading biotechs and emerging pharmaceuticals between the May 29 and June 15 settlement dates happened to Amgen, Inc. (NASDAQ: AMGN), Gilead Sciences, Inc. (NASDAQ: GILD) and Illumina, Inc. (NASDAQ: ILMN). Let's take a quick look at how these...
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Big Biotech Stocks See Declining Short Interest
Friday, June 12, 2015 - 7:57am | 890While short interest moves in most of the leading biotechs and emerging pharmaceuticals were mild between the May 15 and May 29 settlement dates, short sellers fled from some of the biggest players in the field. Biogen Inc (NASDAQ: BIIB), Celgene Corporation (NASDAQ: CELG) and Gilead Sciences, Inc...
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Gilead's President Spoke At Goldman Sachs' Global Healthcare Conference This Week: Here Are The Highlights
Thursday, June 11, 2015 - 2:00pm | 794Gilead Sciences, Inc. (NASDAQ: GILD) President and COO John Milligan spoke to investors at Goldman Sachs' annual Global Healthcare Conference on Tuesday. He addressed the biotech company's growth, drug portfolio, and future prospects. A Good Year Milligan discussed how Gilead's...
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Bernstein: It's Time For Gilead To Pull The Trigger On This Acquisition
Tuesday, April 21, 2015 - 9:23am | 256Bernstein analyst Geoffrey Porges said it's time for Gilead Sciences, Inc. (NASDAQ: GILD) to continue the biotech M&A with a bid for Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX). Porges noted that many investors "remain heavily exposed to mid and large cap biotech stocks"...
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Short Sellers Still Attracted To Biotech Stocks
Friday, March 13, 2015 - 12:17pm | 891Short interest among leading biotechs and emerging pharmaceuticals increased nearly all across the board between February 13 and February 27. Leading the trend were BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), Celgene Corporation (NASDAQ: CELG) and Vertex Pharmaceuticals Incorporated (NASDAQ:...
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Short Sellers Come Back To Biotech Stocks
Thursday, February 26, 2015 - 2:25pm | 868By and large, short interest among the leading biotechs and emerging pharmaceuticals reversed course and rose again between the January 30 and February 13 settlement dates. Leading that trend were Amgen, Inc. (NASDAQ: AMGN), Juno Therapeutics Inc (NASDAQ: JUNO) and Vertex Pharmaceuticals...
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Gilead Sciences, Atlas Energy And Others Insiders Have Been Buying
Saturday, February 14, 2015 - 8:46pm | 810Weak earnings and outlooks have recently prompted some insiders to purchase shares, even as markets take aim for new record highs. Gilead Sciences, Atlas Energy and Intrexon were among those that have seen significant insider buys. Insiders may sell shares for any number of reasons, but...
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Short Sellers Retreat From Biotech Stocks
Thursday, February 12, 2015 - 9:23am | 862By and large, short interest among the leading biotechs and emerging pharmaceuticals dwindled between the January 15 and January 30 settlement dates. Leading that trend were Amgen, Inc. (NASDAQ: AMGN), Celgene Corporation (NASDAQ: CELG) and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX). Here...
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Earnings Expectations For The Week Of February 2: Disney, Exxon, GM And More
Sunday, February 1, 2015 - 2:38pm | 1020It is clear that the mixed earnings results seen so far have contributed to the volatility in the markets throughout January. While many of the market movers have already shared their most recent quarterly results, there are plenty more on tap as February gets started. Among the most...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Big Swings in Biotech Short Interest
Monday, October 13, 2014 - 8:32am | 835Biotechs continue to prove volatile this year. While Gilead Sciences, Inc. (NASDAQ: GILD) and Illumina, Inc. (NASDAQ: ILMN) saw a sizable drops in short interest between the September 15 and September 30 settlement dates, short sellers loaded up on Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX...
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5 Companies That Could Develop An Enterovirus Treatment
Monday, October 13, 2014 - 8:07am | 926When it comes to the search for Ebola treatments, names like BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX), Chimerix Inc (NASDAQ: CMRX), Sarepta Therapeutics Inc (NASDAQ: SRPT) and Tekmira Pharmaceuticals Corporation (NASDAQ: TKMR) have cropped up frequently. Could these or other biotech companies...
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Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
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Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...