It's just amazing SGEN gets a pass, even goes up on weak results and IMGN has to get dragged up by the market, which means if/when the market cools, if there's no news, no developments...back down. It's a good thing I have other stocks that go up.
more like 10%. I guess the street perceives SGEN as a much stronger company for whatever reason.
SGEN is the darling of ADC having coined the phrase that the media uses for the whole industry. "TAP" has not gained traction just like the company that coined it (yet).
Hopefully IMGN will garner the same or better respect, but it first must shake off the old pricing behaviors and become less of a trading stock and something to invest in. The institutions already know it, but there's not enough demand for the remaining float.