Why Vertex Pharmaceuticals Stock Ticked Higher on Tuesday
The company notched a pair of modest beats in its second quarter.
Overview
A banner Tuesday for U.S. stocks was also a prosperous one for Vertex Pharmaceuticals' (NASDAQ: VRTX) shares. The company reported encouraging, if not spectacular, quarterly results, and investors bought into it sufficiently to push it to a nearly 2% gain that trading session.
Vertex unveiled its second-quarter results after market close on Monday, hence the following day's mildly positive investor reaction.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.