Category Stocks

Why did Orphazyme (ORPH) go up 900% today?

Why did Orphazyme (ORPH) go up 900% today?

Orphazyme (ORPH) is a biopharmaceutical company, which engages in the development of treatment for patients living with life-threatening and debilitating rare diseases. It provides Arimoclomol program and molecular entities program. Arimoclomol is an investigational drug candidate that amplifies the production…

TSMC rival GlobalFoundries to go public via IPO

TSMC rival GlobalFoundries to go public via IPO

TSMC rival GlobalFoundries to IPO, reportedly talking to potential advisers about the possibility of an offering at a roughly $20B to $30B valuation. Company owner Mubadala Investment has been looking at Morgan Stanley, JP Morgan, and BofA Securities as an underwriter, however,…

LegalZoom to go public via IPO

LegalZoom to go public via IPO

Online legal company giant LegalZoom saw a small surge in small business filings during the pandemic and is slated to go public in the coming months. The company was founded in 2000 by a group of investors which includes litigator…

XL Fleet (XL) is ready for a surge, opens new center

XL Fleet (XL) is ready for a surge, opens new center

XL Fleet (XL) announced that it is opening a 25,000 square-foot research and development center in Wixom to help enhance its ability to provide sustainable electric technologies for the commercial fleet industry.  The Boston based company provides fleet electrification services…

Why Rocket Companies (RKT) will soon be launching

Why Rocket Companies (RKT) will soon be launching

Let’s dive into Rocket Companies (RKT) financial statements and into what exactly this line highlighted below “Non-Controlling Interest” (NCI) is, and why it appears to take away so much of the Net Income before “Net Income attributable to Rocket Companies.”…