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Fairtree Asset Management and other firms bought Bristol-Myers Squibb stock after it beat earnings expectations.
Fairtree Asset Management bought $550,000 worth of Bristol-Myers Squibb (BMY) stock, and other firms like Anchor Pointe Wealth Management also increased their holdings.
Bristol-Myers Squibb beat earnings expectations, reporting $1.80 EPS compared to estimates of $1.50.
Despite a negative net margin of 18.53%, the company has a positive return on equity of 13.93% and offers a 5.29% dividend yield.
The stock's market cap is $95.34 billion with a "Hold" consensus rating.
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Fairtree Asset Management y otras firmas compraron acciones de Bristol-Myers Squibb después de superar las expectativas de ganancias.