Health Winners & Losers: Wyeth

October 11th, 2008 | by admin |

Health stocks followed the broader market rollercoaster Friday — a light news day for the sector despite the volatility.

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The Nasdaq and Amex biotechnology indices ended down 3.2% and 3.56%, after rebounding from losses as great as 8% earlier in the day.

The Amex pharmaceutical index settled>(WYE Quote – Cramer>(TEVA Quote – Cramer>(ITMN Quote – Cramer>(BIIB Quote – Cramer>(MRX Quote – Cramer>(DNA Quote – Cramer>(GILD Quote – Cramer on GILD – Stock Picks) on Thursday. Genentech shares closed down $5.75, or 7.3%, to $73, and Gilead closed lost $2.57, or 6.4%, to $37.47.

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