Here's Why Amgen (AMGN) Gained But Lagged the Market Today
The latest trading session saw Amgen (AMGN) ending at $307.81, denoting a +1.09% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.23% for the day. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.Shares of the world's largest biotech drugmaker have appreciated by 9.01% over the course of the past month, outperforming the Medical sector's gain of 3.16% and the S&P 500's gain of 0.94%.The investment community will be closely monitor ...