Market Movers

Gilead Sciences, Inc.’s Stock Price Soars to $65.06, Marking a Positive Shift of +3.62%

Gilead Sciences, Inc. (GILD)

65.06 USD +2.27 (+3.62%) Volume: 9.32M

Gilead Sciences, Inc.’s stock price is currently at 65.06 USD, showing a positive growth of +3.62% in this trading session with a trading volume of 9.32M. Despite the recent uptick, the year-to-date (YTD) performance still sits at a decrease of -19.69%, indicating a mixed performance for GILD stocks.


Latest developments on Gilead Sciences, Inc.

Gilead Sciences, Inc. faced a mixed day in the stock market, with shares underperforming competitors despite a slight uptick of 3.1%. The company’s work in oncology continues to advance, with Luciana Preger playing a key role. The European Union regulator has mandated label updates for CAR-T cancer therapies, impacting Gilead’s stock performance. Despite losses on the day, Gilead announced plans for a quarterly dividend of $0.77, attracting interest from investors like Comerica Bank and Optimist Retirement Group LLC. Royal Bank of Canada reaffirmed a “Sector Perform” rating for Gilead, while Clear Street Markets LLC and Lighthouse Investment Partners LLC made moves in the company’s stock. Overall, Gilead Sciences, Inc. remains a strong player in the pharmaceutical industry, navigating market fluctuations with strategic investments and advancements in oncology.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars