Tue, 21-Oct-2025

Due to delayed cancer medicine, Bristol Myers will be sued for $6.4 billion

Bristol

A U.S. judge refuses to dismiss a $6.4 billion lawsuit against Bristol Myers Squibb. Trustee says drugmaker delayed cancer drug approval to avoid payments to shareholders. Former Celgene Corp was bought by Bristol Myers in 2019 for $80.3 billion. A U.S. judge on Friday would not excuse a $6.4 billion claim blaming Bristol Myers Squibb … Read more

Therapeutics, Lululemon, RH are among the stocks that made changes

Therapeutics

Bristol Myers Squibb has agreed to buy biopharmaceutical company Turning Point Therapeutics for $4.1 billion. Lululemon shares rose 1% in premarket trading after the athletic apparel maker reported a better-than-expected quarter. CrowdStrike (CRWD) – CrowdStrike fell 4.3% in premarket activity despite the fact that the network safety organization posted surprisingly good outcomes for its most … Read more