Market Update: Regeneron, UPS, and Zebra
The bear phase in Regeneron (REGN) appears to be over, with shares jumping 12% to over $650 on Tuesday.
The firm reported a 0.8% increase in revenue to $3.75 billion, driven by strong sales of Dupixent, which reached $4.9 billion.
- Dupixent sales offset weak sales from EYLEA.
- EYLEA HD sales grew by 42% to $663 million.
Regeneron also lowered its R&D and SG&A expense forecast for the fiscal year to manage costs.
Meanwhile, UPS added 8.0% after posting non-GAAP EPS of $1.74 on revenue of $21.4 billion, despite being down nearly 25% in 2025.
The stock markets rallied after UPS announced a massive 48,000 job cut, with 34,000 cuts in the operational unit and 14,000 at the management level.
Zebra (ZBRA) continued to decline on stock markets, with its downtrend starting in August and accelerating in October, resulting in an 11% loss.
Author's summary: Regeneron and UPS see gains amidst job cuts.
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