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Why did Gilead Sciences stock rise on 9 October?

Written after the close on

Gilead Sciences +2.77%

Gilead rises sharply on upbeat revenue and a raised target. Over the last five trading days Gilead Sciences climbed steeply, outpacing both the broader market and the healthcare sector, which also advanced. Watch the late-October earnings report, when analysts expect lower profit on roughly flat revenue.

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