Regeneron Pharmaceuticals Shares Jumped: What You Need to Know

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Regeneron Pharmaceuticals (NAS: REGN) jumped 13% today after the company said sales of Eylea were strong in the fourth quarter.

So what: Sales of Eylea, which launched on Nov. 21, were $24 million to $25 million in the fourth quarter, according to CEO Leonard Schleifer. He said he expects sales of Eylea in 2012 to be $140 million to $160 million.

Now what: The expected results are much higher than analysts had expected, causing the jump in shares today. Robert W. Baird analyst Christopher Raymond upgraded the stock to outperform as a result of the positive news. The results are no doubt positive, but to put this into perspective, the company's market cap is up $748 million today on the news, so I'm not jumping for joy at the stock's higher price today.

Interested in more info on Regeneron Pharmaceuticals? Add it to your watchlist byclicking here.

At the time this article was published Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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