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) pushed the Drugs industry lower today making it today's featured Drugs laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Celgene Corporation fell $4.36 (-2.6%) to $159.98 on average volume. Throughout the day, 3,352,606 shares of Celgene Corporation exchanged hands as compared to its average daily volume of 3,050,000 shares. The stock ranged in price between $159.35-$165.01 after having opened the day at $163.96 as compared to the previous trading day's close of $164.34. Other companies within the Drugs industry that declined today were:
), down 17.2%,
), down 14.9%,
), down 7.6% and
), down 7.4%.
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Celgene Corporation, a biopharmaceutical company, discovers, develops, and commercializes therapies to treat cancer and immune-inflammatory related diseases in the United States and internationally. Celgene Corporation has a market cap of $66.6 billion and is part of the health care sector. Shares are down 2.9% year to date as of the close of trading on Tuesday. Currently there are 24 analysts that rate Celgene Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Celgene Corporation Ratings Report.
On the positive front,
), up 33.2%,
), up 26.4%,
), up 19.9% and
), up 14.2% , were all gainers within the drugs industry with
) being today's featured drugs industry leader.
- Use our drugs section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider
) while those bearish on the drugs industry could consider
- Find other investment ideas from our top rated ETFs lists.