The bear phase for Regeneron (REGN) seems to be over, with shares rebounding from $550-$575 to over $650, a 12% jump, after reporting a 0.8% revenue increase to $3.75 billion.
Regeneron posted strong sales of Dupixent, at $4.9 billion, which offset weak sales from EYLEA, although EYLEA HD sales grew by 42% to $663 million. The firm also lowered its R&D and SG&A expense forecast for the fiscal year.
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Author's summary: Market updates on Regeneron, UPS, and Zebra stocks.