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GE HealthCare and Collegium Pharmaceutical Stocks Trade Down, What You Need To Know [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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US:NYSE Investor Relations: ge.com/investor-relations/overview
This potential move would target pharmaceutical companies that have not negotiated deals to lower drug prices in the United States. The news sparked a significant sell-off in the sector, with the Nifty Pharma index declining over 5% as all its constituent stocks traded lower. The concerns were particularly pronounced for international drugmakers who rely on the US market. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Medical Devices & Supplies - Imaging, Diagnostics company GE HealthCare (NASDAQ:GEHC) fell 2.7%. Is now the time to buy GE HealthCare? Access our full analysis report here, it's free. Branded Pharmaceuticals company Collegium Pharmaceutical (NASDAQ:COLL) fell 3%. Is now the time to buy Collegium Pharmaceutical? Access our full analysis report here, it's free. Zooming In On Collegium Pharmaceutical (COLL) Collegium Pharmaceutical's shares are
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