Amgen (AMGN) Increases Yet Falls Behind Market: What Investors Need to Know

Amgen (AMGN) closed at $319.66 in the latest trading session, marking a +0.69% move from the prior day. The stock lagged the S&P 500's daily gain of 0.9%. Elsewhere, the Dow gained 0.81%, while the tech-heavy Nasdaq added 1.22%.The the stock of world's largest biotech drugmaker has fallen by 2.12% in the past month, leading the Medical sector's loss of 4.05% and undershooting the S&P 500's gain of 3.15%.The investment community will be paying close attention to the earnings performance of Amgen in its upcom ...