Excitement over meme stocks has been effective in helping to send biotech penny stocks on wild moves higher. But as that trend continues to fade, names in this category are going to lean more on company-specific catalysts to move the needle. Those catalysts will include progress and updates reg
Shares of Suven Life Sciences touched 52-week high of Rs 267, rising 3.5 percent intraday Thursday as company secured product and process patents in Canada and USA.
The company has been granted 1 product patent from Canada and 1 process patent from USA corresponding to the new chemical entities for the treatment of disorders associated with Neurodegenerative diseases and patents are valid through 2034.
Venkat Jasti, CEO of Suven Life Sciences said, “We are very pleased by the grant of these patents to Suven for our pipeline of molecules in CNS arena that are being developed....More>>>
A few weeks ago, we published an article that characterized Gilead (GILD) as a “Value Trap.” That article was a follow-up to an earlier article which used our work on Gilead as an example of how a solid conceptual framework could help investors make better decisions. Both of these articles were based on a 16-page valuation report on Gilead we published to our members in September, 2016.
We caught a lot of flack for the recent characterization of Gilead as a value trap, but our opinion was redeemed on February 7th, when the stock fell heavily after a disappointing earnings....More>>>
“Real estate is an imperishable asset ever increasing in value. It is the most solid security that human ingenuity has devised.” — Russell Sage
Walt Disney (1901-66), the singular visionary genius who — more than anyone — transformed the business of entertainment in the 20th century, had legions of admirers over the decades. Among them is Steve Wynn, founder, CEO and guiding mastermind of his eponymous casino empire. In both public and private statements, Wynn has pointed to Disney’s core insight into the fine art of delighting consumers as what drives....More>>>
The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It's up to $11.7 million for 2021 ($23.4 million for a married couple). So, now, even fewer taxpayers have to worry
Gritstone bio, Inc. (NASDAQ:GRTS)'s stock price shot up 11% during mid-day trading on Thursday . The company traded as high as $10.64 and last traded at $10.60. 16,736 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,641,213 shares. The stock had
After the onset of the Covid-19 pandemic last year, ride-share facilitator Uber (NYSE:UBER) took a major financial hit. UBER stock got slammed – yet, folks who held on for the bumpy ride were rewarded eventually.
The stock market kept rising on Tuesday, with modest gains adding to Monday's rally. The S&P 500 (SNPINDEX:^GSPC) joined the Nasdaq Composite (NASDAQINDEX:^IXIC) at record levels, while the Dow Jones Industrial Average (DJINDICES:^DJI) had to settle for the smallest gain of the major indexe
Real estate investment trusts (REITs) have been stellar performers so far in 2021. The real estate sector's roughly 30% total return (price plus dividends) through the end of August easily beats the 21%-plus return for the S&P 500 Index.