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While the world’s leading biotech companies — churning out Covid-19 vaccines and treatments — have hit record share prices, their small-cap rivals have been sinking. But some analysts say the latest figures suggest a bargain in the sector.
Alone In The Red
Pfizer’s share price hit a record high for the first time in 20 years this month, topping $48, while vaccine....More>>>
Star stock picker Cathie Wood wants crypto exposure. And if she can’t get a Bitcoin exchange-traded fund in the U.S.—at least right now—she’s willing to look across the border to Canada.
Wood’s asset-management company, ARK Invest, tweaked the prospectus of the $5.7 billion ARK Next Generation Internet ETF (ticker: ARKW) so the fund can hold cryptocurrencies through Canadian ETFs, a filing with the Securities and Exchange Commission shows.
ARK didn’t respond to a request for comment. The ARK Next Generation Internet ETF was off 1.6% in Monday trading;....More>>>