Amgen Down Nearly 7% After Drug Study Misses Secondary Endpoint -- Data Talk
October 08 2020 - 3:58PM
Dow Jones News
Amgen Inc. (AMGN) is currently at $239.68, down $17.99 or
6.98%
-- Would be lowest close since Aug. 24, 2020, when it closed at
$235.57
-- On pace for largest percent decrease since March 12, 2020,
when it fell 8.26%
-- Earlier Thursday, Amgen Inc., Cytokinetics Inc. and
Laboratoires Servier SA said a pivotal phase 3 study of omecamtiv
mecarbil in patients with heart failure met its primary composite
endpoint but missed its secondary endpoint
-- Currently down three of the past five days
-- Down 5.7% month-to-date
-- Down 0.58% year-to-date; on pace for worst year since 2016,
when it fell 9.93%
-- Down 8.15% from its all-time closing high of $260.95 on July
20, 2020
-- Up 20.64% from 52 weeks ago (Oct. 10, 2019), when it closed
at $198.68
-- Down 8.15% from its 52 week closing high of $260.95 on July
20, 2020
-- Up 31.52% from its 52 week closing low of $182.24 on March
12, 2020
-- Traded as low as $239.51; lowest intraday level since Sept.
25, 2020, when it hit $237.81
-- Down 7.05% at today's intraday low; largest intraday percent
decrease since March 16, 2020, when it fell as much as 9.47%
-- Worst performer in the DJIA today
-- Worst performer in the S&P 500 today
-- Worst performer in the Nasdaq 100 today
-- Subtracted 118.37 points from the DJIA so far today
All data as of 3:17:05 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 08, 2020 15:43 ET (19:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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