Biogen Stock Rises Even as Multiple Sclerosis Revenue Tumbles and It Sees Continued Declines
Biogen's stock rose despite declining sales and poor performance across most of its drug portfolio in the fourth quarter. The company still managed to beat analysts' expectations for adjusted earnings and revenue. Investors appears to be looking past the recent declines.
https://www.barrons.com/articles/biogen-earnings-stock-price-multiple-sclerosis-97907d44?gaa_at=eafs&gaa_n=AWEtsqdxu2zjP-eXs9_tFGEwWV1L_zmhdWX6oj1CVcZzCpnDPHT_yqPhdCOV&gaa_ts=6985ef0f&gaa_sig=m3cG-Xuf-rPeJc2DnETcNcmLfUviJJ1aJaV7W3EvS93Y61Bf1LsWLE_Dc5KCoJC-YmNbFSeDUiPro1qyAxonww%3D%3D