Should You Invest In These Three Stock Now: GlaxoSmithKline plc (ADR)(NYSE:GSK), Abbott Laboratories(NYSE:ABT) And Amgen, Inc.(NASDAQ:AMGN)
New York, NY – GDP INSIDER – 10/23/2014.
This article discusses three oil and gas companies:GlaxoSmithKline plc (ADR)(NYSE:GSK), Abbott Laboratories(NYSE:ABT) and Amgen, Inc.(NASDAQ:AMGN)
GlaxoSmithKline plc (ADR)(NYSE:GSK) rose $0.78 to close at $44.41, a 1.70% increase in value from the closing price recorded on October 22nd, 2014. Despite the gain, the global health care group remains $12.32 below its 52-week high of $56.73 and $2.5 above its 52-week low of $41.91. The company missed the analysts’ revenue estimates of $9.25 billion by $0.25 to $9 billion in its third quarter, showing a YoY decline of 10.6%. The stock did not see any gain during after hour trading.
Abbott Laboratories(NYSE:ABT) fell $0.80 during yesterday’s trading, a 1.89% decrease in value that moved the stock to a closing price of $41.59. The stock peaked during early trading, reaching a high of $43.03, before spending the majority of the day suffering repeated losses in value, however, the stock rose to one cent to 0.02% during after-hours trading. In its third quarter earnings announced yesterday, the company reported an increase of 5.8% in its revenue to $5.1 billion due to strong sales of its pharmaceutical and nutrition products.
Amgen, Inc.(NASDAQ:AMGN) suffered a 0.31% decrease in value during trading yesterday as the stock lost forty-five cents to close its trading session at $143.64. The stock saw an additional loss of sixty-four cents to 0.45% during after-hours trading. Over the last three and six months, the stock soared $22.53 to 18.6% and $24.34 to 20.4%, respectively. A hedge fund firm, Third Point, has recently suggested Amgen Inc. to split its stock into two which will increase its per share value by 81% to $249 within a period of two years.
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