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Gilead Stock Gains. It’s Trying to Get Into the Obesity Drug Game.

Gilead Stock Gains. It’s Trying to Get Into the Obesity Drug Game.

Gilead Sciences stock was climbing Friday on hopes that it would get into the obesity-drug game. GLP-1s, the technical name for the popular obesity drugs, has been one of the biggest drivers of pharmaceutical stocks in recent months. Which may be why Gilead stock has gained 2.8% to $64.55 in afternoon trading Friday after Jefferies released a note late Thursday night.