Chart of the Week: Advisors Remain Confident in Disruptive Innovation etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Goldman Sachs Group Inc. bought a new position in Direxion Moonshot Innovators ETF (NYSEARCA:MOON – Get Rating) in the third quarter, HoldingsChannel.com reports. The fund bought 8,307 shares of the company’s stock, valued at approximately $265,000. A number of other large investors also recently bought and sold shares of the business. Citigroup Inc. grew its […]
Patrick Soon-Shiong's biotech company, ImmunityBio, has lost more than 80% of its value in 12 months, while the billionaire himself has lost more than $3 billion of his personal wealth. But Soon-Shiong has his eye on an African expansion to give his biotech empire a boost.
(Bloomberg) At this time a year ago, investors saw billionaire Patrick Soon-Shiong’s biotech company ImmunityBio Inc. as a moonshot that would make them rich.