AMGN Down 10% in 3 Months: How to Play the Stock as Tariff Woes Linger

Amgen’s (AMGN) stock has declined 10.4% in the past three months. A lot of this price decline is related to the broader macroeconomic uncertainty.Stocks have been on a roller-coaster ride since President Trump unveiled sky-high tariffs in early April and China came up with retaliatory tariffs. Last week, China and the United States struck a deal that eased trade tensions and resulted in a stock market recovery. Though the massive tariffs imposed by the United States and retaliatory tariffs by China and some ...