One of the greatest cancer drugs lost its edge. This is why it was vulnerable.
In November, British-Swedish drug giant AstraZeneca published a simple chart in its quarterly earnings presentation that the pharmaceutical industry never saw coming. It showed that 55% of chronic lymphocytic leukemia patients in the U.S. were choosing Calquence, and not Imbruvica, the long-time leading treatment for the disease, when being prescribed a class of drug known […]
Bed Bath & Beyond, Tesla, Expedia and more
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York.Mark Kauzlarich | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Meme stocks — A group of so-called meme stocks skyrocketed Wednesday as retail investors jumped into speculative trades again. Bed Bath & Beyond rallied 38% to trigger the […]