Market Movers

Bristol-Myers Squibb Company’s Stock Price Soars to $60.02, Marking a Positive Change of 1.90%

Bristol-Myers Squibb Company (BMY)

60.02 USD +1.12 (+1.90%) Volume: 10.79M

Bristol-Myers Squibb Company’s stock price is currently standing at 60.02 USD, showing a positive trading session with a 1.90% increase and a trading volume of 10.79M. With a year-to-date percentage change of +6.12%, BMY continues to demonstrate solid performance in the market.


Latest developments on Bristol-Myers Squibb Company

Recent events have influenced Bristol-Myers Squibb’s stock price movement today. The company received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) for their neoadjuvant Opdivo and chemotherapy regimen. Additionally, Bristol-Myers CEO Christopher Boerner was awarded $19 million after a challenging year. The positive CHMP opinion for Opdivo in multiple solid tumors and the approval recommendation from the European Medicines Agency panel further boosted investor interest in the company. With a focus on AI innovation and transformative patient care, Bristol Myers Squibb continues to make strides in the healthcare industry despite a slight 3% share price dip.


A look at Bristol-Myers Squibb Company Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Bristol-Myers Squibb has a mixed long-term outlook. While the company scores high in Dividend and Momentum, indicating strong performance in these areas, it falls short in Value, Growth, and Resilience. This suggests that investors may need to carefully consider the company’s financial health and growth potential before making investment decisions.

Bristol-Myers Squibb Company is a global biopharmaceutical company that focuses on developing and selling pharmaceutical and nutritional products. With a strong emphasis on addressing various health issues such as cancer, heart disease, HIV and AIDS, and diabetes, the company has a diverse portfolio of products and experimental therapies. Despite some areas of concern in the Smartkarma Smart Scores, Bristol-Myers Squibb remains a key player in the healthcare industry with a focus on improving patient outcomes and advancing medical research.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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