Finanace

GameStop Shares Sink as Reddit-Fueled Traders Turn to Biotech … [Read more...] about GameStop Shares Sink as Reddit-Fueled Traders Turn to Biotech

TipRanks2 Stocks Flashing Signs of Strong Insider BuyingTracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not … [Read more...] about 23andMe to go public at $3.5 billion with Sir Richard Branson’s SPAC

Stock futures traded flat Thursday morning, holding onto gains from the past several sessions.Contracts on each of the three major indexes were just a tick above the flat line Thursday morning. The S&P 500 rose for a third straight day on Wednesday and ended within 0.7% of its recent record close. Shares of eBay (EBAY) surged 10% and shares of PayPal (PYPL) jumped 6% … [Read more...] about Stock futures extend gains in late trading

23andMe, a consumer genetics company, is going public via a merger with Richard Branson's special purpose acquisition corporation (SPAC) VG Acquisition Corp. VGAC, +1.74%, in a deal with an enterprise value of about $3.5 billion, the companies said Thursday. SPACs,or blank-check companies, raise money in an initial public offering and then have two … [Read more...] about Genetic testing company 23andMe to go public via merger with Richard Branson’s SPAC in $3.5 billion deal

Thursday, February 4, 2021Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeThere are other things going on besides GameStopWith most of the market’s focus these last few weeks on GameStop (GME) and the memeification of the stock market, you’d be forgiven for losing track of the state of the U.S. economy.But this week, we’ve seen … [Read more...] about Things are looking up for the U.S. economy: Morning Brief