What determines a biotech stock’s price?

Biotechnology Free Article stocks market

One of pioneer high tech sector of #stocks #market in #Nasdaq is #biotechnology and #biopharmaceutical industries such as #JNJ (Johnson & Johnson NYSE), #ROG Roche six, #PFE Pfizer NYSE and #NVS Novartis NYSE that lead the #pharmaceutical products and #medical services of markets and they have expensive price in markets but let see what determines a biotech stock’s price ?

Price of stocks in market driven by supply and demand that have similar structure and function like other #economic markets, when a stock is traded, a buyer and seller exchange money through brokers or share ownership of stocks, and the price for which the stock is purchased becomes the new market price. Price will affect by news, #signal sellers, political descision, new technology and #innovation and social request and behavior against company brand.