Why Celgene Corporation Stock Is ALL About the Buyouts

For the biotech superstar, Celgene Corporation (NASDAQ:CELG), the last few months have not been too kind. CELG stock has hit a rough patch on several different fronts. That included it stopping phase 3 clinical trials for a potential blockbuster for Crohn’s disease as well as reducing forward earnings forecasts based on that stoppage and the fact that Revolve won’t be coming to market.