Shares of Amgen Inc. (AMGN) have spiked sharply to the downside in early trade Friday. The stock is currently lower by 1.58 at $81.75.
Amgen is testing the lower end of a month and a half long range at the highs of the year, as well as its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.