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Eli Lilly Leaps 13% On Positive Results For Its Verzenio Breast Cancer Therapy

Shares in Eli Lilly & Co (LLY) jumped 13% after the drugmaker reported that the results of a late stage study of its breast cancer therapy Verzenio met the primary endpoint of “significantly” reducing its recurrence in early stages.The stock surged 13% to $159.40 in early market trading after the drugmaker disclosed positive results of its Verzenio therapy in a Phase 3 study of 5,637 people whose early breast cancer is at a high risk of recurrence. Despite progress in the treatment of breast cancer, about 30% of people diagnosed with early breast cancer are at risk of their cancer …read more […]

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Hedge Funds Are Getting Crazy About Nokia Corporation (NOK)

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […] …read more […]

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Is Stripe Stock Coming in the Near Future?

Stripe stock may be a fintech hit in the market over the coming years. However, will this growing business go public anytime soon?
Since 2010, Stripe has seen steady growth with many successful funding rounds as well. In fact, its value is exploding. Many investors are licking their chops for a potential IPO.

Will Stripe Stock Come Sooner Rather Than Later?
Before discussing Stripe’s potential in the market, it’s important to learn about the business itself. Stripe was founded in 2010 in San Francisco, California.
Six years later, Stripe’s value was up to $20 billion. In 2020, Stripe is now worth $35.3 billion. It …read more […]

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Hedge Funds Didn’t Lose Confidence In New Residential Investment Corp (NRZ)

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

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Billionaire Ken Griffin Pulls the Trigger on These 3 Penny Stocks

Penny stocks, they divide market watchers like no other. Some investors steer clear of these tickers going for less than $5 apiece, as poor fundamentals or overwhelming headwinds could be keeping them down in the dumps.On the other hand, penny stocks lure the more risk-tolerant. Not only does the bargain price tag mean you get more bang for your buck, but also even minor share price appreciation can yield huge percentage gains. The implication? Major returns for investors.Based on the above, weeding out the long-term underperformers from the penny stocks going for gold can pose a significant challenge. In this …read more […]