BIIB up 60% after FDA approves Alzheimer’s drug

Discussion in 'Stocks' started by DaveV, Jun 7, 2021.

  1. DaveV

    DaveV

    BIIB closed yesterday at $286 is now trading at $403.
    This morning, before the FDA approved BIIB's Alzheimer drug, a Citi analyst predicted that BIIB would trade around $410 if the drug was approved. Very prescient.

    Is there a website that has estimates of what upcoming FDA drug approvals/denials would be worth to the respective drug/biotech company stocks?
     
    jtrader33 likes this.
  2. tiddlywinks

    tiddlywinks

    jtrader33 likes this.