Tilray Inc. (Nasdaq: TLRY) was the first cannabis company to go public on a major U.S. exchange.
But even though that happened only two months ago, it's old news.
It's Stone Age news.
Here's the current news.
Over the past five days, this stock is up 92%. Over the past month, it's up 496%.
The company went public July 19, at the price of $22 per share. It closed yesterday at $214.06. That means Tilray has skyrocketed 873% since its IPO.
Speaking of yesterday, it was a wild ride. Though the stock finished the day up 38%, it approached triple-digit gains for the day at one point – and then fell sharply. Along the way, trading got halted five times due to volatility.
This most recent bout of big gains started early this week after the British Columbia–based company got the go-ahead from the U.S. Drug Enforcement Agency (DEA) to ship marijuana to the United States for a clinical trial. Right after the news broke, Tilray's shares surged 12% overnight. By the end of the day, they had risen 30% in 24 hours.
Hot China Stocks For 2022: Cerus Corporation(CERS)
We are a biomedical products company focused on developing and commercializing the INTERCEPT Blood System to enhance blood safety. The INTERCEPT Blood System, which is based on our proprietary technology for controlling biological replication, is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. Our INTERCEPT Blood System is for use with three blood components: plasma, platelets, and red blood cells. The INTERCEPT Blood System for platelets, or platelet system, and the INTERCEPT Blood System for plasma, or plasma system, have received a broad range of regulatory approvals, including but not limited to U.S. Food and Drug Administration, or FDA, approval in the United States of America ("U.S. Advisors' Opinion:
- [By Shane Hupp]
Shares of Cerus Co. (NASDAQ:CERS) have received an average rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $8.50.
- [By Motley Fool Transcribers]
Cerus Corporation (NASDAQ:CERS)Q4 2018 Earnings Conference CallFeb. 26, 2019, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Stephan Byrd]
Cerus Co. (NASDAQ:CERS) CFO Kevin Dennis Green sold 2,783 shares of the business’s stock in a transaction that occurred on Wednesday, October 10th. The shares were sold at an average price of $6.09, for a total transaction of $16,948.47. Following the transaction, the chief financial officer now directly owns 63,608 shares of the company’s stock, valued at $387,372.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
- [By Stephan Byrd]
BidaskClub downgraded shares of Cerus (NASDAQ:CERS) from a hold rating to a sell rating in a research note released on Thursday.
Several other brokerages also recently weighed in on CERS. Zacks Investment Research upgraded Cerus from a hold rating to a buy rating and set a $8.50 price target for the company in a report on Tuesday, July 24th. Cantor Fitzgerald reiterated a reduce rating and issued a $9.00 price target on shares of Cerus in a report on Friday, July 20th. Finally, Cowen set a $10.00 price target on Cerus and gave the company a buy rating in a report on Friday, August 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $8.00.
Hot China Stocks For 2022: Liberty Global plc(LILA)
Liberty LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile. The company also carries domestic Chilean cable programming, which includes local events, such as football (soccer) matches and regional content; and provides a range of digital video services and video on demand services, including catch-up television. In addition, it offers digital broadband services in the San Juan metropolitan area and other municipalities in Puerto Rico; and video services, including digital programming and video on demand services. Liberty LiLAC Group is based in London, the United Kingdom. Liberty LiLAC Group (NasdaqGS:LILA.K) operates independently of Liberty Global plc as of July 01, 2015.
Liberty Latin America (NASDAQ:LILA)Q4 2018 Earnings Conference CallFeb. 21, 2019, 9:00 a.m. ET Brian Zook -- Chief Accounting Officer Shares of Liberty Latin America Ltd Class A (NASDAQ:LILA) have earned an average recommendation of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $23.40. Liberty Latin America Ltd Class A (NASDAQ:LILA) SVP Christopher J. Noyes acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The shares were bought at an average price of $17.93 per share, for a total transaction of $358,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Nuveen Core Equity Alpha Fund (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide total return. The Fund seeks to achieve its investment objective primarily through long-term capital appreciation, and secondarily through income and gains. The Fund will invest in a portfolio of common stocks selected by employing a mathematical process designed by its sub-advisor, Enhanced Investment Technologies, LLC (INTECH), which seeks to provide risk-adjusted excess returns (alpha) above the S&P 500 Index (the Index), with an equal or lesser amount of relative investment risk. The Fund will, to a limited extent, write (sell) call options primarily on custom baskets of securities that seek to track the return of the Index. Its investment advisor is Nuveen Asset Management (NAM), a wholly owned subsidiary of Nuveen Investments, Inc. The Fund will invest its managed assets in a portfolio of common stocks from among the 500 stocks comprising the Index as selected by INTECH (the Equity Portfolio). INTECH will construct and manage the Equity Portfolio employing its mathematical process. Nuveen Core Equity Alpha Fund seeks to invest approximately 95% of its managed assets in the Equity Portfolio. The Fund will invest at least 80% of its managed assets in the Equity Portfolio. In constructing the Equity Portfolio, INTECH will employ its Large Cap Core strategy. The Large Cap Core strategy targets risk-adjusted excess returns for the Equity Portfolio (as distinguished from the Fund) over the Index of 3% to 4% annually. The Equity Portfolio will consist of a diversified portfolio of 250 to 450 common stocks included in the Index. Nuveen Core Equity Alpha Fund may invest up to 10% of its managed assets in securities of other open or closed-end investment companies (including exchange-traded funds (ETFs)) that invest primarily in securities of the types, in which the Fund may invest directly and that have a similar investment objective! as that of the Fund. In addition, the Fund may invest a portion of its managed assets in pooled investment vehicles (other than investment companies) that invest primarily in securities of the types, in which the Fund may invest directly. The Fund may write call options on stock indexes or ETFs. It may invest in securities that, at the time of investment, are illiquid (securities that are not readily marketable). The Fund's Equity Portfolio will be invested in liquid equity securities selected from the Index. Shaker Financial Services LLC lessened its holdings in shares of Nuveen Core Equity Alpha (NYSE:JCE) by 70.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 46,154 shares of the company’s stock after selling 112,257 shares during the period. Shaker Financial Services LLC’s holdings in Nuveen Core Equity Alpha were worth $674,000 at the end of the most recent reporting period. Hot China Stocks For 2022: Nuveen Core Equity Alpha Fund(JCE)
No comments:
Post a Comment