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BMY Bristol Myers Squibb Co

43.93
-0.06 (-0.14%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bristol Myers Squibb Co NYSE:BMY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.06 -0.14% 43.93 44.62 43.78 44.16 9,127,652 01:00:00

Bristol-Myers Squibb Shares Lose Ground in After-Hours Market

24/07/2019 10:45pm

Dow Jones News


Bristol Myers Squibb (NYSE:BMY)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of pharmaceutical company Bristol-Myers Squibb Co. (BMY) are falling in Wednesday's late trading session after the company said a trial evaluating Opdivo plus chemotherapy in certain cancer patients didn't meet its pre-specified primary endpoint.

At 5:04 p.m. EDT, Bristol-Myers Squibb shares had lost 4.7% to trade at $41.20. After-hours volume topped 357,000 shares.

The company's shares closed the day's regular trading session with a 0.42% gain at $43.23.

After the bell, the company said Part 1a of the Phase 3 CheckMate -227 trial evaluating Opdivo, or nivolumab, with low-dose Yervoy, or ipilimumab, in certain cancer patients met the co-primary endpoint of overall survival.

Part 2 of the CheckMate -227 trial, evaluating Opdivo plus chemotherapy, didn't meet the pre-specified primary endpoint.

The company also said the time for its second-quarter earnings call has been rescheduled to 8:30 a.m. EDT on July 25.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 24, 2019 17:30 ET (21:30 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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