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Biogen and Amgen see surge in stock purchases and strong earnings, despite mixed analyst views.
Biogen Inc. saw a significant increase in shares purchased by institutional investors, including a 2,000% rise by West Oak Capital LLC.
Biogen reported a strong earnings report, beating estimates and has a market cap of $21.69 billion.
Meanwhile, Amgen Inc. also reported strong earnings, with a 23.2% increase in quarterly revenue and a boost in its quarterly dividend.
Despite mixed analyst ratings, both companies remain focused on developing therapies for various diseases.
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Biogen y Amgen ven un aumento en las compras de acciones y fuertes ganancias, a pesar de las opiniones mixtas de los analistas.