The biotech week kicked off with a bang, not because of any macro factors like a new Federal Reserve program of monetary stimulus, or economic data emanating from Europe. BioSante
Two other biotechs, though, had big moves today for company-specific reasons. Let's dive into each story and highlight key investor takeaways.
Not that it's any consolation for long-term holders, as shares traded at about $15 as recently as last summer. The company remains wildly unprofitable, but its more accurate, albeit slower, technology gives BGI not only a U.S. presence but also leverage against Illumina
What is the opposite of disappointing? Hitting an all-time high. Investors in Jazz Pharmaceuticals
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David Williamson holds no position in any company mentioned. Check out his holdings and a short bio. Motley Fool newsletter services have recommended buying shares of Illumina. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.
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