JPMorgan Chase & Co. CEO Jamie Dimon made his first-ever stock sale on Thursday, unloading $150 million in company shares according to a recent filing. Prior to this sale, Dimon had expressed his intention to divest stock. Sale Details Dimon sold 821,800 shares of JPMorgan at an average price of approximately $182.73. The sales were conducted through a Rule 10b5-1 trading … [Read more...] about JPMorgan CEO Stock Sale
Energy Fuels Uranium Price Surge
Energy Fuels has observed a substantial increase in uranium prices and is gearing up to produce up to half a million pounds of the concentrate utilized in nuclear fuel this year. Strong Sales Performance "In 2023, we managed to sell 560,000 pounds of uranium at an average price of $60 per pound, resulting in total gross profits of $17.96 million with an impressive 54% gross … [Read more...] about Energy Fuels Uranium Price Surge
Krystal Biotech’s Surprise Profit
Shares of Krystal Biotech saw a sharp increase when the company reported an unexpected profit in the fourth quarter. The stock surged by 13% to reach $126, following a 10% decline year-to-date prior to the latest market close. Impressive Financial Performance Krystal Biotech, a commercial-stage biotechnology company, announced a profit of $8.7 million or 30 cents per share in … [Read more...] about Krystal Biotech’s Surprise Profit
Itron Stock Surges
Shares of Itron are soaring to a two-year high following the company's impressive fourth-quarter performance and optimistic first-quarter guidance that exceeded analyst expectations. Stock Performance The stock surged by 25% to $93.32 in premarket trading, marking a significant increase after remaining relatively flat year-to-date up until last week's market … [Read more...] about Itron Stock Surges
Wells Fargo’s Independent Advisor Business Expansion
Wells Fargo recently announced the promotion of long-time executive Erik Karanik to lead the expansion of its independent advisor business. Karanik now holds the position of head of independent solutions within Wells Fargo's Wealth and Investment Management unit, reporting directly to WIM CEO Barry Sommers. Strong Foundation with Promising Future Barry Sommers expressed his … [Read more...] about Wells Fargo’s Independent Advisor Business Expansion