Gilead Sciences Inc Stock (GILD) Moved Down by 3.37% on Mar 18: Facts Behind the Movement

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2026.03.18 14:17
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Gilead Sciences Inc (GILD) saw a 3.37% decline in stock price, underperforming the Pharmaceuticals & Medical Research sector, which fell by 1.09%. Despite positive long-term analyst sentiment, short-term factors such as lower-than-expected sales projections for its HIV drug Yeztugo and insider selling by executives contributed to the drop. Gilead's 2026 sales forecast for Yeztugo was $800 million, below analyst expectations. The company reported strong annual revenue of $29.44B and net profit of $8.51B, but faces legal risks and challenges in its cell therapy portfolio.