Your email has been successfully added to our mailing list.

×
-0.000856634524567934 -0.000900564500186757 -0.00149361917104137 -0.001120214378281 0.00562303687921454 0.00037340479276025 0.00363081248489899 0.00362422298855619
Stock impact report

Josh Brown: Biotech growth stocks immune to disruption risk [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
and AbbVie with broad product portfolios and multi-year pipeline replacements can navigate structural revenue erosion that slower innovators cannot survive. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Josh Brown, CEO of Ritholtz Wealth Management, made a pointed claim on CNBC's Halftime Report this week about large-cap biotech: "These are growth stocks where you don't have to worry about disruption. They're breaking out." His reasoning is that companies dealing in molecules, proteins, and clinical trials occupy a fundamentally different risk category than software or media. AI can disrupt a platform overnight; it cannot disrupt a decade-long drug approval process. Large-cap biotech does enjoy a structural insulation from the overnight platform disruption that has hollowed out tech companies. But the sector faces its own slow-motion disruption forces — patent cliffs, biosimilar competition, and government drug pricing reform — that ar Show less Read more
Impact Snapshot
Event Time:
ABBV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ABBV alerts
Opt-in for
ABBV alerts

from News Quantified
Opt-in for
ABBV alerts

from News Quantified