Previous close | 45.27 |
Open | 48.27 |
Bid | 50.15 x 1800 |
Ask | 50.23 x 1100 |
Day's range | 47.73 - 50.61 |
52-week range | 39.35 - 63.41 |
Volume | |
Avg. volume | 15,512,495 |
Market cap | 102.267B |
Beta (5Y monthly) | 0.44 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.40 (5.30%) |
Ex-dividend date | 05 Jul 2024 |
1y target est | N/A |
Bristol Myers Squibb stock gapped higher Friday after the Big Pharma stalwart beat June-quarter forecasts and raised its outlook.
Stocks rose sharply Friday after the personal consumption expenditures price index, the report the Federal Reserve considers the most accurate measure of price inflation, matched expectations. The data have analysts and economists expecting an interest-rate cut from the Fed in September.
The major indexes (^DJI, ^IXIC, ^GSPC) are soaring after the June Personal Consumption Expenditures report showed inflation is continuing to trend towards the Federal Reserve's 2% target and keeping hopes for a September rate cut alive. One of the stocks giving the Dow Jones Industrial Average a boost is 3M (MMM). 3M shares are up almost 20% after posting Q2 adjusted earnings of $1.93 per share on revenue of $6.3 billion, beating Wall Street estimates. Trending Tickers on Yahoo Finance include LuluLemon (LULU), DexCom (DXCM), and Bristol-Meyers Squibb (BMY). Top guests today include: 3:05 PM: Ahmed Riesgo, Insigneo Chief Investment Officer3:15 PM : Dan Levy, Barclays Senior Autos Analyst3:30 PM: Lou Basenese, MDB Capital Holdings President and Chief Market Strategist3:45 PM: Patti Poppe, PG&E CEO4:10 PM: Paul Abrahimzadeh, Citi Co-Head of ECM NAM4:35 PM: Patrick Rishe, SportsImpacts CEO and Washington University in St. Louis Director, Sports Business Program