Dow surges 400 points as positive Gilead news lifts hope for coronavirus treatment [MSNBC.com]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: MSNBC.com
VIDEO6:5506:55Gilead reports 'positive data' on remdesivir coronavirus drug trialSquawk BoxStocks jumped Wednesday on the back of positive data from a potential coronavirus treatment from Gilead Sciences, while investors digested a sharp drop in U.S. economic activity.TheDow Jones Industrial AverageS&P 500Nasdaq CompositeA study of Gilead's remdesivir drug conducted by the National Instituteof Allergy and Infectious Diseases met its primary endpointlifting expectations for a potential coronavirus treatmentshowed improvement in patients taking remdesivir to treat the virus"The idea of something that is just given to you in the hospital IV that makes it so that it eliminates the, let's say, the odds of you dying is something that makes us feel like that maybe this is the Tamiflu for this dreaded disease," said CNBC's Jim Cramer. "I think a lot people are going to say open [the economy] up and that's why the market's flying."Sentiment was also lifted as Alphabet shares gained 9.1% after
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GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- GILD's page on the SEC website