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Beginner stock question
Ok, I am just now really getting into stock. No actual buying or trading yet, just lots of book reading, homework, and mixing in some MSNBC when I get the chance.
There were a number of stocks I had decided to keep track of. One of these was Celgene (CELG). My yahoo finance page will show me an overview of the last stocks I've looked at. When I looked today, it says Celgene is down 99.62% and now at 20 cents a share! They were just at 52.91 yesterday, and today I read they got approval for their new drug Revlimid. I checked with other sites, and some places say 20 cents while others still say the higher 52-53 dollar number. What is the price of the stock right now, why am I seeing 20 cents? Does this have something to do with them having to stop trading on the stock before the news is announced?
RE:Beginner stock question
Celgene Corp (NASDAQ: CELG) is currently at 54.77
The lower quote must have been a mistake.
If one is new to stocks or stock investing, would suggest reading the
"Education" section at www.clearstation.com
This is a great primer. Also, would use their "WatchList" to track stocks.
Has several good features.