Tagged: stock

GOP Lawmaker Loses $17 Million as Favorite Stock Plunges

A Republican congressman’s hot biotechnology stock pick just went south. Rep. Chris Collins suffered a paper loss of $16.7 million (A$22 million) after Innate Immunotherapeutics Ltd. said a mid-stage trial of its experimental treatment for multiple sclerosis...

General Electric: out of stock

“Our diversification gives you more consistent performance that ought to be valued in the cycle we’re in today, and we have the potential to continue to generate high returns with this set of businesses.”...