Clovis Oncology Shares Drop As Analysts Give Edge To Lung-Cancer Rival

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It was an American Society of Clinical Oncology meeting to remember for Clovis Oncology, but not in a good way. The sudden fall of the Boulder-based drug company’s stock price was one of the most prominent stories to emerge from the conference, which was held in Chicago over the weekend. Clovis’s (NASDAQ: CLVS) share price fell more than 25 percent the past two days, dropping to $38.23 per share at market close Tuesday after ending last week at $51.21 per share.

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