Biotech company Moderna just went public last week, raising $604M in what was the largest biotech IPO of all time. At a price of $23 per share, Moderna [MRNA] sold over 26M shares, putting their valuation at $7.5B. Even though […]
Author: WealthLAB
REITs Funds From Operations Rise Over 11% To $16.3B In Q3 2018
Stock markets have been choppy in the last few months with growth concerns over several stocks including the hyped FAANG group. Comparatively, the REIT (real estate investment trust) space is having a far smoother run after encouraging third-quarter results. REITs […]
Apple And Microsoft In Race To Be The World’s Most Valuable Tech Company
A week ago, Microsoft overtook Apple in market cap for the first time in eight years. On Nov. 26, 2018, Microsoft briefly clinched a market cap of $812.93B while Apple’s market cap at that time stood at $812.6B. While Microsoft […]
Crypto Expert: Bitcoin Could Reach A Staggering $50K Next Year
Just when you thought cryptocurrencies had bottomed out, the market was hit by yet another crash last week. Bitcoin’s value plummeted 14% in under 24 hours last week, dropping to below $5k, a new low for the cryptocurrency in over […]
Trivago NV (TRVG) Gained 13.8% Overnight
On September 19, the markets pretty much remained flat. The SPDR S&P 500 ETF [SPY]—a fund that tracks the broader market—rose marginally by 0.12% to $291.25 while the Invesco QQQ Trust ETF [QQQ] fell by 0.08%. But you always have […]
These 10 REITs Gained Over 10% In 2018
Realty Trusts (or REIT’s) continue to remain popular among investors. Over 90% of REIT’s have higher dividend yields compared to the average S&P 500 company. Realty Trusts to follow in 2018 Similar to stocks, REIT’s need to be held over […]
