
AstraZeneca Hits a Record High, Becomes UKâs Largest Stock
âĒBy ADMIN
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Shares of AstraZeneca climbed past their SeptemberâŊ2024 peak on Tuesday, reaching a fresh record high and securing the companyâs position as the largest UKâlisted stock by market value.
The surge follows the pharmaceutical giantâs strong quarterly earnings and an October U.S. drugâpricing deal that helped ease policy uncertaintyâthe U.S. makes up over 40% of the companyâs sales.
By 08:32âŊGMT the stock was up approximately 2.5%, having reached as high as ÂĢ134.6, giving AstraZeneca a market value approaching ÂĢ210âŊbillion (ââŊ$282âŊbillion).
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