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-0.000140984068800298 0 -0.000704920344001088 0.00310164951360495 -0.000704920344001088 0.00803609192161276 0.00704920344001128 0.00451149020160712
Stock impact report

Is Beaten-Down Celgene Corporation a Buy Now? [The Motley Fool]

CELGENE (CELG) 
Last celgene earnings: 10/31 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.celgene.com
Company Research Source: The Motley Fool
Find out if the troubled biotech stock has what it takes to bounce back. Celgene Corporation ( NASDAQ:CELG ) has been one of the worst-performing big biotech stocks of the past year even though the company has consistently reported impressive profit growth. While it's run into some embarrassing problems with late-stage programs in the recent past, there are plenty of potential growth drivers winding their way through its pipeline.  Has the recent beating gone too far and created a bargain opportunity? Let's see if Celgene has what it takes to keep delivering growth for many years to come. Image source: Getty Images. Why investors are nervous The stock has fallen around 50% since the beginning of October 2017 due to one overarching problem, Revlimid, which makes up 63% of total revenue will begin facing generic competition in 2022. During the company's third-quarter earnings call , the company also promised to limit future increases to its drugs, an important Show less Read more
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