Amgen stock drops despite strong earnings

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By Marissa Nall / Friday, July 28th, 2017 / Comments Off on Amgen stock drops despite strong earnings

Amgen stock tumbled nearly 3 percent on July 26, despite reporting an increase in its second quarter net income to $2.15 billion, bringing it up to $4.74 billion for the first half of 2017. Total revenues rose 2 percent, including $100 million in product sales and $22 million in other revenues, compared to the same…

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