Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
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Biotech stocks sometimes have a stigma of being highly speculative and highly risky. But several large biotech stocks generate impressive cash flow and have promising growth prospects. And they’re not all priced for perfection, either.
We asked three Motley Fool contributors to weigh in on which biotech stocks they like. Here’s why they chose Celgene (NASDAQ:CELG), Exelixis (NASDAQ:EXEL),....More>>>
These days, the financial sector seems cheap … very cheap. Despite the U.S. economy’s continued growth, investors appear to be anticipating the end of the 10-year bull market and a subsequent downturn, which would drag financial stocks along with it. Yet the pessimism around banks has attracted at least one famous investor: Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) Chairman and....More>>>
You’ve no doubt noticed that Canadian marijuana stocks are sizzling hot right now. Three stocks are performing especially well. Canopy Growth (NYSE:CGC) is up well over 80% so far in 2018. Cronos Group’s (NASDAQ:CRON) share price has more than doubled this year. Tilray (NASDAQ:TLRY), which conducted its initial public offering (IPO) in July, has seen its stock skyrocket more than 170%.
Facebook said Sunday that it removed or blocked from the social media site 1.5 million videos of a gunman’s rampage on two New Zealand mosques that killed 50 people and wounded dozens more.
Mia Garlick, spokeswoman for Facebook New Zealand, said that about 300,000 videos were removed within the first 24 hours of the terrorist attack Friday. More than 1.2 million were blocked at....More>>>
Shares of Fluidigm (NASDAQ:FLDM) gained over 13% today and have now increased 60% since the beginning of 2019. There isn’t a specific news item sending the stock higher today. The business finally got around to publishing its fourth-quarter 2018 earnings presentation slides on its website this week (the conference call was held in early February), but aside from a better....More>>>
There’s no official IPO date yet, but Snap Inc. stock is already the buzz of Wall Street right now because of its massive $25 billion valuation.
There are estimates Snapchat could be valued at $40 billion by the time of its IPO. That would make it the biggest IPO since Alibaba Group Holding Ltd. (NYSE: BABA). Plus, projections for Snap Inc. stock’s earnings growth are extremely....More>>>
The Russell 2000 hasn’t seen this kind of winning streak since 2013.
After eight straight weeks of gains, history suggests small caps are flashing a big buy signal to all stocks.
“We took a look at future returns after these long weekly win streaks on the Russell 2000, sure enough small caps continued to do well. What’s more interesting, though, is the S&P 500 actually does....More>>>
NextEra Energy Inc (NYSE:NEE) insider Manoochehr K. Nazar sold 36,807 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $189.87, for a total transaction of $6,988,545.09. Following the completion of the sale, the insider now owns 149,034 shares of the company’s stock, valued at approximately $28,297,085.58. The transaction....More>>>
SLM Corp (NASDAQ:SLM) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 25,344,682 shares, a drop of 7.9% from the February 15th total of 27,526,633 shares. Based on an average daily volume of 2,432,026 shares, the days-to-cover ratio is presently 10.4 days. Approximately 5.9% of the company’s stock are sold short.....More>>>
This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Cong