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Big Pharma stocks climbed in an abbreviated trading session Thursday and ahead of the long holiday weekend as news from the previous day nudged a few medical device and pharmaceutical stocks.
While the Nasdaq and Amex biotechnology indices were both slightly down, the Amex pharmaceutical index added 1.7%.
Every single stock component of the pharmaceutical index, in fact, was in the green, with the exception of King Pharmaceuticals (KG Quote). King gave up 22 cents, or 2%, to $10.49. Amgen (AMGN Quote), AstraZeneca (AZN Quote), GlaxoSmithKline (GSK Quote) and Sanofi-Aventis (SNY Quote) were each with 3%-plus gains. ...
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