Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Amgen Inc. Faces Risks with Obesity Drug, Causing Stock to Slip

November 13, 2024
Amgen Inc. (NASDAQ: AMGN) recently faced a setback as safety concerns emerged regarding their obesity candidate drug. This update caused the company's stock to slip. Investment firm Cantor has cited these concerns, raising questions about the safety profile of the drug. However, Amgen's problems go beyond this issue, as their weak profit performance has also impacted their stock value. Investors are urged to seek professional advice from Stocks Prognosis to make informed decisions on the future movement of Amgen's stock.

Find out how the AMGEN INC. rate is expected to change

Get Forecast for AMGN

Investor opinions & comments:

I'm interested to see how this setback will impact Amgen's future plans and drug development
— from EmilyMiller at 11-16-2024 06:19
I'm not sure if Amgen can overcome these safety concerns. It could have a long-lasting impact on their reputation
— from RiskyRachel at 11-14-2024 23:39
What are the specific safety concerns raised by Cantor? I wonder if Amgen has a plan to address these issues
— from JohnSmith at 11-14-2024 19:07
Given Amgen's weak profit performance, are they a risky investment? I'm not convinced they can turn things around
— from InvestorIvy at 11-14-2024 18:49
I am curious about the safety concerns surrounding Amgen's obesity drug. I hope they can address these issues quickly
— from InvestmentIvy at 11-13-2024 14:05
If you want to leave a comment, then you need Login or Register





Other news for AMGN

AMGNApril 22, 2025Amgen Inc. AMGN: Among the Innovative Healthcare Stocks to Watch in 2025  ~2 min.

Amgen Inc., a leading biotechnology company, is currently one of the most promising stocks in the healthcare sector....

AMGNMarch 20, 2025Hedge Funds Recommend Amgen Inc. AMGN as the Best Pharma Stock to Buy  ~1 min.

According to recent reports, hedge funds are strongly recommending Amgen Inc. (AMGN) as the best pharma stock to buy....

AMGNMarch 19, 2025Amgen Inc. AMGN: Cutting-Edge Biotech Company Dominates Stock Market  ~2 min.

Amgen Inc. (AMGN), renowned for its groundbreaking innovations in biotechnology, continues to make headlines as a leading player in the stock market....

AMGNMarch 17, 2025Amgen Inc. Continues to Impress Hedge Funds with Strong Performance  ~2 min.

Amgen Inc. (NASDAQ:AMGN) has emerged as the top choice for hedge funds looking to invest in the pharmaceutical sector....

AMGNMarch 16, 2025Amgen Inc. AMGN: Discover Why it's Among the Top Pharma Stocks to Buy  ~2 min.

Amgen Inc., a leading biotechnology company, has been gaining attention in the investment community due to its outstanding performance in the pharmaceutical sector....



Related news

AMDJanuary 13, 2025Advanced Micro Devices Inc. AMD: A Game-Changing Partnership with Dell  ~2 min.

Advanced Micro Devices Inc. (AMD), the leading semiconductor company, has announced a ground-breaking partnership with Dell....

NEMJanuary 7, 2025Newmont Corporation NEM Stock Declines While Market Improves: Investors Advised to Seek Professional Guidance  ~1 min.

Newmont Corporation, a leading gold mining company, has experienced a decline in its stock price amidst an overall improvement in the market....

ETH-USDJanuary 1, 2025ETHUSD buying the dips after Elliott Wave double three  ~2 min.

Ethereum (ETH) has been experiencing a series of dips in its price recently, but experts believe that this is a temporary setback....

LLYNovember 8, 2024Eli Lilly and Company LLY's Latest EPS Miss Raises Concerns - Experts Recommend Seeking Professional Stock Prognosis Advice  ~1 min.

Eli Lilly and Company, a renowned pharmaceutical corporation, recently reported an EPS miss of 31%....

MUJanuary 10, 2025Micron Technology Inc. NASDAQ:MU: Expands Crucial Lineup with High-Speed SSDs and DRAM Upgrades for Gaming AI and Professional Use  ~2 min.

Micron Technology Inc., a leading global semiconductor company, has announced its expansion of the Crucial lineup with high-speed SSDs and DRAM upgrades....