Tri-county stocks plunge as U.S.-China trade war escalates

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Tri-county stocks plunge as U.S.-China trade war escalates

By Marissa Nall / Monday, May 13th, 2019 / Comments Off on Tri-county stocks plunge as U.S.-China trade war escalates

Devolving trade negotiations knocked more than $3.8 billion from the value of tri-county stocks as markets plunged into a steep decline May 13. Much of the lost value came from Thousand Oaks-based biotech heavyweight Amgen, which fell more than 2 percent or about $2.3 billion, closing just above a new 52-week low at $167.59. The…

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