Tesaro, Inc.
91.02-0.97 (-1.05%)

After hours: 91.100.08 (0.09%) as of 5:15 PM EDT

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Prev Close91.99
Bid83.55 x 100
Ask0.00 x
52wk Range29.51 - 94.01
Day's Range89.35 - 93.00
Avg Vol (3m)1,136,893
As of 4:00 PM EDT. Market closed.
  • Barrons.com4 days ago

    Gilead Has a Problem. These Three Biotechs Could Be the Solution

    Guggenheim's Tony Butler and Kaitlin Sandor argue that Gilead Sciences (GILD) should buy Syndax Pharmaceuticals (SNDX), Corvus Pharmaceuticals (CRVS), and Tesaro (TSRO) to solve its problem of slowing sales: ...[When] looking at consensus estimates through 2020, there is a slight, though continuous, decline in overall revenue with EPS remaining largely flat, likely due to share repurchases. With approximately $16 billion in operating cash flow annually and more than $21 billion in cash and short-term assets on the balance sheet, Gilead has a good deal of capital to deploy to boost its revenues. Most questions we receive on Gilead regard what should it “buy.” What type of business development activity should Gilead engage in that will support possibly higher future revenues?

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