Stocks soar after positive Gilead news on potential coronavirus treatment, Dow up 550 points [CNBC]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: CNBC
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 virusDr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said remdesivir shows a "clear-cut" positive effect when treating the virus." are going to move like this on this kind of news," said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors. "If we had a vaccination, then I think you would see a very different economic recovery. If we have treatments, I think
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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