Here's Why Hype Around Companies Working on Coronavirus Treatments Is Overblown [The Motley Fool]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: The Motley Fool
As the COVID-9 coronavirus outbreak deepens, biotech and big pharma companies are entering the race to find a treatment or a vaccine for SARS-CoV-, the novel coronavirus causing the illness. And the stock market is already rewarding some of them. Shares of Gilead Sciences ( NASDAQ:GILD Regeneron Pharmaceuticals NASDAQ:REGN More positive news may give these and other companies developing coronavirus treatment and prevention a lift. And of course, their involvement in such a high-profile subject is getting these companies plenty of attention. That's the good news. The bad news is, it's unlikely coronavirus treatment and prevention projects will add much to earnings, so stock market gains may be transient. Image source: Getty Images. Limited in time Why won't work on such a massive project with worldwide attention make a significant contribution to earnings? There are a few reasons. Outbreaks are usually limited in time, offering companies a short window of opportunity for revenue. For e
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GILD
News
- Notable earnings after Thursday's close [Seeking Alpha]Seeking Alpha
- Gilead Sciences, Inc. (NASDAQ: GILD) was upgraded by analysts at HSBC Holdings plc from a "reduce" rating to a "hold" rating. They now have a $69.00 price target on the stock.MarketBeat
- Gilead Q1 Earnings Preview: Most Gains Wiped Out - Cause For Concern? [Seeking Alpha]Seeking Alpha
- Gilead (GILD) Gears Up to Report Q1 Earnings: What to Expect? [Yahoo! Finance]Yahoo! Finance
- Insights Into Gilead (GILD) Q1: Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
GILD
Earnings
- 2/6/24 - Miss
GILD
Sec Filings
- 4/2/24 - Form 4
- 4/1/24 - Form 144
- 3/29/24 - Form 4
- GILD's page on the SEC website