3 Horrendous Health-Care Stocks This Week: Amicus Therapeutics, Inc. (FOLD) and More

That piece of bad news led Hospira to retract its earlier poorly received guidance for the year — strike three. The company had assumed sales of the other infusion pumps in its projections. Earnings could take a hit by $0.20 per share because of the FDA’s decision. The good news for Hospira is that there isn’t an old saying that bad news comes in fours.

Et tu, Brute
With the beatings each of these stocks had this week, I feel a little bad about piling on by picking the worst of the bunch. But I will do so, anyway.

My view is that Amicus faces the toughest challenge after its disappointing phase 3 results for migalastat HCl. Maybe the company can pull a rabbit out of a hat with the rest of the phase 3 study. I wouldn’t put money on that, though. Shakespeare wrote in his play “Julius Caesar” that “men at some times are masters of their fates.” Unfortunately, in the world of biotech those times don’t come often enough.

The article 3 Horrendous Health-Care Stocks This Week originally appeared on Fool.com.

Fool contributor Keith Speights has no position in any stocks mentioned, and neither does The Motley Fool.

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