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Closing Glance: Biotechnology stocks climb

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May 6, 2008

NEW YORK—Shares of biotechnology companies closed higher Tuesday as the broader market rose despite a series of disappointing earnings reports and record-high oil prices.

Here's how several key biotechnology stocks performed Tuesday:

Gilead Sciences Inc., up 47 cents to $54.14.

Amgen Inc., up 21 cents to $43.

Biogen Idec Inc., up 13 cents to $63.14.

Genentech Inc., up 38 cents to $68.17.

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