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Stockreport

The 3 Worst Healthcare Stocks of 2018 (So Far) [The Motley Fool]

CELGENE (CELG)  More Company Research Source: The Motley Fool
Last celgene earnings: 7/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.celgene.com
PDF Find out how three companies have lost their shareholders a combined $31 billion so far this year. The first half of 2018 has been a pretty good one across the board for most, but not all, U.S. healthcare stocks. The sector-tracking iShares U.S. Healthcare ETF ( NYSEMKT:IYH ) is up 7.1% in 2018, without any help from a couple of troubled drugmakers and a dental equipment specialist that you're probably more familiar with than you think. While there were plenty of smaller biotechs that imploded this year, most of those start-ups, at their peak, were worth less than a Lebron James contract. However, owners of the biotech stocks on this list have lost a combined $31.2 billion in 2018, making them the worst healthcare stocks of the year so far: Company (Symbol) Year-to-Date Performance Year-to-Date Market Cap Loss Celgene Corporation ( NASDAQ:CELG ) (17.8%) $21.7 billion Incyte Corporation ( NASDAQ:INCY ) (26.3%) $5.2 billion [Read more]

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