Scalper1 News
After reporting mixed quarterly results, top-rated biotech Celgene (CELG) looks to have unraveled its base-building effort. The stock dropped 5% on the stock market today, falling to a four-month low. Celgene’s earnings grew 27% and beat estimates by a penny. Sales increased 20% but missed views. Group peer Biogen (BIIB) has yet to retake its 50-day line after it gapped below that area when Q1 results missed estimates last Friday. Will fellow Scalper1 News
Scalper1 News