Closing Glance: Pharmaceuticals fall with broader market
NEW YORK—Shares of large pharmaceutical companies fell Monday, following a broader market decline after Microsoft Corp. withdrew its $43.7 billion bid for Yahoo Inc. and oil prices closed at a record high, after spiking over $120 a barrel earlier.
Here's how some key drug makers performed Monday:
Wyeth down 59 cents to $45.56.
Merck & Co. shares down 39 cents to $38.98
Bristol-Myers Squibb Co., down 10 cents to $23.25.
Schering-Plough Corp. down 15 cents to $18.75.
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