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Drugmakers rise after Q2 results, despite at least one profit miss
Drugmakers moved higher following their second-quarter reports, with gains driven by results from multiple companies, according to Yahoo Finance.
The coverage noted that the group’s broad advance came even as one drugmaker missed its profit outlook for the quarter, suggesting mixed earnings among peers.
Overall, the move reflected market reaction to both the beats and misses coming out of the sector’s Q2 reporting cycle, the outlet said.
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