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Closing Glance: Biotechnology stocks finish higher

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May 6, 2008

NEW YORK—Shares of biotechnology companies closed higher Monday, defying a decline in the broader market after Microsoft Corp. withdrew its $47.5 billion bid for Yahoo Inc. and oil prices continued rising.

Here's how several key biotechnology stocks performed Monday:

Gilead Sciences Inc., up 4 cents to $53.67.

Amgen Inc., down 14 cents to $42.79.

Biogen Idec Inc., up 70 cents to $63.01.

Genentech Inc., up 55 cents to $67.79.

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