Bristol Myers Squibb EVP Sells $1.85M in Shares

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David Elkins, Executive Vice President at Bristol Myers Squibb Company (NYSE:BMY), sold 30,000 shares of the company’s stock for $1.85 million, reducing his ownership by 15.85%. Despite the significant sale, Elkins still retains a substantial stake valued at approximately $9.8 million. While insider sales can sometimes affect investor sentiment, this transaction is not necessarily indicative of broader concerns for the company, which continues to advance its drug pipeline.

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