January was a wild month in the stock market as a whole. A sharp correction led by growth stocks dragged major indexes lower. Rivian Automotive (NASDAQ: RIVN) is an electric vehicle (EV) stock that rode investor fervor sky-high before tumbling. Read More...
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Bristol’s stock gains after beating earnings estimates for the fourth quarter
Shares of Bristol Myers Squibb Co. were up 1.1% in premarket trading on Friday after the drug maker beat earnings expectations for the final quarter of the year. Bristol had earnings of $2.4 billion, or $1.07 per share, in the fourth quarter of 2021, after a loss of $10.0 billion, or $4.45 per share, in the same quarter a year ago. Adjusted earnings per share were $1.83, against a FactSet consensus of $1.80. The company reported revenue of $11.9 billion for the quarter, driven by double-digit gr
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