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Biotech / Medical : BMY (bristol myers squibb)
BMY 42.82-1.3%9:30 AM EDT

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To: Miljenko Zuanic who wrote (183)6/24/2019 5:52:10 PM
From: zax  Read Replies (3) of 194
 
Fuck. I bought BMY just because of Celgene's Otezla, which is shaping up to be a Remicade-type blockbuster. This is not good.

With that forced divestiture news alone, nearly all of the 8 1/2% gain I'd seen in BMY in the past two months evaporated today.

Live and learn. I would suppose a lot of others were thinking the same as me.

Looks like Celgene took a 5 1/2% hit today on the news, too.
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