Stocks are soaring on a potential coronavirus treatment. But the excitement may be premature [CNNMoney.com]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: CNNMoney.com
Stocks are soaring on a potential coronavirus treatment. But it's not a silver bullet New York (CNN Business) Investors around the world are fired up by signs that an experimental drug made by Gilead Sciences is helping some coronavirus patients rapidly recover. Stat News , a medical news publication, set off a huge rally late Thursday when it reported that most severe patients at a Chicago hospital treated with Gilead's remdesivir went home within days. Based on a leaked video, the report instantly raised hopes that the medical industry could soon have a new weapon to fight coronavirus, lowering the need for the stay-at-home orders crushing the US economy. S&P 500 futures almost immediately spiked, gaining as much as 3.5%. Gilead ( GILD ) soared 12%. We think the ensuing exuberance shows a lack of critical analysis." Brian Skorney, biotech analyst at Baird Yet analysts and health experts warned it's way too soon to say Gilead's remdesivir will be the gamechanger i
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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