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Bristol Myers Squibb stock tumbles on cost-cutting initiative
889 次觀看・14 分鐘前

Bristol Myers Squibb (BMY) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting initiatives. Among the measures were workforce reductions and the termination of approximately 12 drug development programs.

Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details.

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This post was written by Angel Smith.

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