Robinhood top movers striking - therapeutical, biotechnologies stocks

Dec 25, 2020 4 Comments

Been noticing therapeutical, biotechnologies stocks had recent IPO and their stocks are going up. For few of them, RobinHood saying hold for 100%.

?Anyone know the reason behind their recent IPOs,
?do they want to make money with the market condition (most of them are going up),
?anyone able to access these IPOs to narrow down to a list,
?any known etfs holding in the above area

TC: SSE at 183k

#personalfinance #investments #robinhood #stocks #etfs

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  • Biotech is currently expected to become the next FAANG according to Cathy Wood. All indicators say it is their time to start rising as well. Makes sense to IPO with so much positive coverage and hope for the space.
    Dec 26, 2020 1
  • I don’t get the hype about these companies.

    What’s different about them now comparing since before COVID?

    What major health problem people have that they can solve to make money?

    CRISP dna alterations cause more problems that it solves so far. It feels like a pump and dump by hedge funds playing with people’s sentiment during COVID pandemic
    Dec 26, 2020 1
    • Pfizer
      dhJhs0x

      Go to company page Pfizer

      dhJhs0x
      Covid exposed the weaknesses in US healthcare and brought back the public focus on pharma/biotech. Hence why more investment and awareness of the industry.
      Dec 26, 2020