wildpixel The main draw here is that recent spin-off Mural Oncology (NASDAQ:MURA) reported $275M in cash in their January 2024 investor presentation (as of Nov 1, 2023). That works out to approximately $16.47/share in cash, compared to a current stock price of $5.39/share. Now, the catch is that this is a biotech company investing in…
Blazing electronic signs along the highway that connects downtown Detroit to its more prosperous western suburbs announce an unfamiliar cause for optimism in a city that a decade ago was so broke that it could not even pay for street lights. “Two more,” the signs exhort in blue and white, referring to the number of…
Andriy Onufriyenko/Moment via Getty Images Assuming the Fed is done hiking rates, 2024 may end up being the year of dividend investing. If that’s the case, and you’re still bullish on Technology, the ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) may be the fund for you. TDV offers exposure to a select group of technology-related…
Damian Lugowski/iStock via Getty Images You’re not just imagining it– corporate spinoffs have markedly increased over the past couple of years. High-profile spinoffs over the past couple of years include WK Kellogg (KLG) from the company formerly known as Kellogg (K), Warner Bros. Media (WBD) from AT&T (T), and Mobileye (MBLY) from Intel (INTC). But…
Bird’s second-quarter earnings in 2023 showed a 19% year-over-year reduction in average rides per vehicle daily. Shared micromobility company Bird is downsizing again. The details were contained in an email sent to the entire company by interim CEO Michael Washinushi. “Regrettably, today we need to reduce our headcount in order to achieve our broader goals…
DNY59/E+ via Getty Images If you take a bath on a stock, you should let everyone know about it. The humbling experience and lessons that come with that are part of the investing experience. Today we share 3 key lessons from the W. P. Carey Inc. (WPC) debacle that will hopefully help everyone make better…