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AstraZeneca Shares Rise More Than 6% After Third-Quarter Profit Beat

Eli Lilly, Gilead Sciences, Amgen and Johnson & Johnson also advanced, and all five stocks reached all-time intraday highs.

Five pharmaceutical capsules rise along a stepped steel surface / TokenPost.ai
Five pharmaceutical capsules rise along a stepped steel surface / TokenPost.ai

AstraZeneca shares rose more than 6% Friday after third-quarter profit topped expectations, while four other drugmakers advanced and all five stocks reached all-time intraday highs.

Eli Lilly and Gilead Sciences each gained more than 4%. Amgen rose nearly 3%, and Johnson & Johnson climbed nearly 2%.

The advances came as the U.S. drug-stock sector continued to rise during Friday's session.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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