Bristol Myers Squibb’s stock soars after rival AbbVie reports disappointing schizophrenia-drug trial
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Bristol Myers Squibb’s stock soars after rival AbbVie reports disappointing schizophrenia-drug trial

Bristol Myers Squibb Co. shares surged 12.5% Monday after rival AbbVie Inc. reported disappointing results from the trial of a new schizophrenia drug.

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