ARTICLE | Finance
On the flip side
July 28, 1997 7:00 AM UTC
Ebb & Flow
Investors are often advised to buy and hold stocks they like. But a review of stock price behavior around FDA advisory panel meetings shows that such strategies aren't always rewarded. Judging from the trading histories of 19 companies that have had FDA panel meetings going back to September 1995, investors are selling immediately after the actual event, even if the news is good...