Previous close | 44.40 |
Open | 45.78 |
Bid | 39.45 |
Ask | 42.90 |
Strike | 330.00 |
Expiry date | 2023-09-15 |
Day's range | 44.40 - 45.78 |
Contract range | N/A |
Volume | |
Open interest | 109 |
Let's look at the four biotech/pharma companies slated to release quarterly results on Feb 2.
When the Food and Drug Administration (FDA) rejects a key drug from a healthcare company, it can send the stock spiraling into a sell-off. In order for the FDA to be confident in a drug's effectiveness, it needs to have a large enough sample size to evaluate it. Unfortunately, in Eli Lilly's case, it simply didn't have enough data points for the agency to make a positive conclusion about the treatment and grant it accelerated approval.
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