BMS shares soar after stellar quarter

26 July 2024

Bristol Myers Squibb (NYSE: BMY) was trading nearly 5% higher ahead of the opening bell on Friday.

The US pharma major earlier announced its financial results for the second quarter of 2024, along with its forecasts for the rest of the year.

Quarterly revenue rose by 9% $12.2 billion, ahead of analysts’ expectations for a figure of around $11.55 billion.

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