Opening Glance: Biotech shares open mixed

Shares of biotechnology companies opened mixed Thursday as the broader market rose after the Labor Department reported that the nation's unemployment rate held steady at 5.5 percent last month, easing concerns over a worsening job losses.

How several key biotechnology stocks performed Thursday:

Gilead Sciences Inc., up 5 cents to $51.34.

Amgen Inc., up 65 cents to $49.49.

Biogen Idec Inc., up 96 cents to $59.32

Genentech Inc., down 47 cents to $77.67.

Comment (0)
Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 678294, ~/articles/articlehandler.aspx, 10/10/2008 11:56:10 PM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Amgen, Inc.

AMGN Down! $48.58 -1.68 (-3.34%) 4:00 PM
CAPS Rating:
1683 Outperforms
153 Underperforms
Rate This Stock

Major Indices

S&P 500899.22 -1.18%
DJIA8,451.19 -1.49%
NASD1,649.51+0.27%
Updated: 4:09:31 PM
Sponsored by:

The Motley Poll

What do you think will be the best performing sector over the next six months?

Sponsored by: