Despite the broad-based S&P 500 shedding 34% of its value in about a month during the first quarter of 2020, we've watched the benchmark index catapult more than 90% off of its lows. For some investors, volatility is something they fear. As volatility has whipsawed the market, these younger retail investors have found their home with online investing app Robinhood. Read More...
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Why Intellia Therapeutics Was a Winner on Wednesday
Mere days after enjoying a major stock price pop, Intellia Therapeutics (NASDAQ: NTLA) had another good day on Wednesday. In a regulatory filing, the company wrote that, “We intend to use the net proceeds from this offering to advance the clinical development of our lead programs, other pipeline candidates and the continued investment in our modular platform as well as for working capital, and other general corporate purposes.” As of the end of March, it had approximately the same amount of cash, equivalents, and marketable securities on its books.
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