Rafael Holdings Reports Third Quarter Fiscal Year 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Old West: “Investment in Rafael Holdings (RFL) Represents an Extremely Asymmetric Opportunity”
Old West Investment Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. An average return of 25% was delivered by the fund for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a 6% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Old West Investment Management, in their Q1 2021 investor letter, mentioned Rafael Holdings, Inc. (NYSE: RFL), and shared their insights on the company. Rafael Holdings, Inc. is a Newark, New Jersey-based clinical-stage oncology pharmaceutical company that currently has a $682.7 million market capitalization. Since the beginning of the year, RFL delivered an impressive 76.72% return, extending its 12-month gains to 192.06%. As of April 28, 2021, the stock closed at $41.38 per share.
Rafael Holdings Enhances Senior Management Team with Additions of Ameet Mallik, CEO and William Conkling, CCO
Leadership Team Will Build on Pharma Investments
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NEWARK, N.J., March 11, 2021 /PRNewswire/ Rafael Holdings, Inc., (NYSE: RFL), today announced that its Board of Directors has recruited Ameet Mallik to become the company s Chief Executive Officer, succeeding its founder, Howard Jonas. Ameet Mallik s appointment will become effective May 1, 2021. In addition, William Bill Conkling has been named Chief Commercial Officer effective March 15, 2021.
Ameet Mallik will join Rafael Holdings from Novartis where he is currently Executive Vice President and Head, U.S. Oncology, responsible for Novartis s commercial and medical oncology operations in the United States.
Rafael Holdings Enhances Senior Management Team with Additions of Ameet Mallik, CEO and William Conkling, CCO prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Follow your vision, and stay true to your beliefs and principles. Never just go along and never discard your beliefs. Spirituality is not “juggling” it’s priorities
Who: Howard Jonas, serial entrepreneur, best known as the founder and chairman of IDT, a multi-billion-dollar telecommunications corporation.
What: At the age of 14, Howard started hustling as a hot-dog vendor outside a local hospital. His drive for success then led to driving a delivery truck and to study economics at Harvard. In 1979, when he was 23, he founded Jonas Media Group, and in 1990 he founded long-distance provider IDT Corporation, and has been chairman of the board since its inception. But his business interests go far beyond IDT. He made a splash in 2000 by selling a stake in the Internet calling company Net2Phone to AT&T for more than $1 billion; in 2017, he sold Straight Path Communication to Verizon for $3.1 billion (even though just two years earlier, he considered Straight Path his biggest bu