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Amgen Inc. (NASDAQ:AMGN) Faces Legal Challenges Amidst Market Volatility
Financial Modeling Prep· 2026-01-20 22:06
Core Viewpoint - Amgen Inc. is facing a potential increase in stock price according to Bernstein's target, but legal challenges may impact its performance and reputation [1][4][5]. Group 1: Stock Performance - Bernstein has set a price target of $335 for Amgen, suggesting a potential increase of about 1.38% from the current stock price of $330.06 [1][6]. - The stock has fluctuated today, with a low of $321.71 and a high of $330.83, reflecting its volatility [2]. - Over the past year, Amgen's stock has reached a high of $346.38 and a low of $261.43, indicating significant market fluctuations [2][6]. Group 2: Market Capitalization and Trading Activity - Amgen's market capitalization is approximately $177.73 billion, underscoring its substantial presence in the pharmaceutical industry [3]. - The trading volume for the day is 971,158 shares on the NASDAQ exchange, indicating active investor interest [3]. Group 3: Legal Challenges - Amgen is facing a lawsuit from Sagebrush Health Services, alleging unlawful termination of discounted drug sales, which could affect over 10,000 patients in Nevada [4]. - This legal issue may impact Amgen's reputation and financial performance, necessitating close monitoring by investors [5][6].
X @Bloomberg
Bloomberg· 2025-09-30 08:08
South African oil and gas investments valued as much as $1.6 billion have been stopped by legal challenges brought by environmental groups https://t.co/qVqQr9PWHR ...
Trump’s Planned $100,000 H-1B Fee Rattles Tech Sector
Bloomberg Technology· 2025-09-22 19:33
The confusion was when this first was confirmed Friday. There wasn't clarity on whether it applied to new applicants to H-1B or existing as well. Then over the weekend, the White House clarified that it was just new applicants.But Heba, can we just start by you reflecting on your weekend, the discussions you've had with clients in the technology sector and how you've managed this process. Certainly so. You're absolutely right.Initially, there was not clarification as to whether or not the $100,000 fee would ...
X @Bloomberg
Bloomberg· 2025-08-20 12:26
Legal & Policy - UK government faces potential surge in similar legal challenges following court ruling [1] - Court decision prohibits housing asylum seekers in a hotel in Epping, northeast of London [1]