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Stock impact report

Why These Drug Stocks Soared Today [The Motley Fool]

Emergent BioSolutions Inc. (EBS) 
Last emergent biosolutions inc. earnings: 4/30 04:08 pm Check Earnings Report
US:NYSE Investor Relations: investors.emergentbiosolutions.com
Company Research Source: The Motley Fool
What happened Drug stocks soared on Friday with the overall stock market rebounding from Thursday's historic sell-off. Several also spiked near the end of the day today as President Trump held a news conference where he declared a national emergency that he said would "open up access" to up to $0 billion to fight the COVID-9 coronavirus. Among the biggest drug stock winners were Emergent BioSolutions ( NYSE:EBS Momenta Pharmaceuticals NASDAQ:MNTA Biogen NASDAQ:BIIB Mylan NASDAQ:MYL BioMarin Pharmaceutical NASDAQ:BMRN Image source: Getty Images. So what More than anything, Friday's stock market action indicated that many investors realized that shares of many companies had become attractively valued considering their long-term prospects. Trump's press conference also seemed to inspire a degree of confidence that the federal government would take decisive action to mitigate the coronavirus outbreak. of drugmakers that have COVID-9 programs under way especially benefited from the relief Show less Read more
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