Diamonds and Dogs


Bristol Myers Squibb (BMY) gets positive drug data. Bristol is up 3.5% after experimental plaque psoriasis oral drug proved more effective in clearing moderate to severe cases of the skin condition than placebo or Amgen Inc's Otezla in a late-stage study. The skin condition affects 7.5 million Americans and is the most prevalent autoimmune disease in the United States, according to the National Institutes of Health.

Alibaba (BABA) taking a hit. The Chinese version of Amazon is lower by 8% as one of their holdings, the FinTech firm, Ant Group has suspended their $34 billion IPO due to new regulatory changes. The IPO would've valued Ant Group at more than $300 billion and Alibaba owns a 33% stake in firm.

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