Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.
What: Shares of drugmaker Regeneron Pharmaceuticals (Nasdaq: REGN ) popped 10% in intraday trading Friday after The New York Times reported that Roche’s age-related macular degeneration treatment Avastin led to vision loss in several California patients.
Regards,
Don
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