Women in Business
Even on the market's worst days, headlines and ticker feeds tout soaring stocks. Some juicy rumor or biotech wonder drug seems to be reason enough for a stock to climb 10%, 25%, even 50% -- sometimes in a single day. Sometimes, the companies are familiar, but many are names and stories largely unknown among investors.
Often, news of a buyout offer sends a stock rocketing, such as what happened when Galenica Group offered $915 million for Aspreva Pharmaceuticals (Nasdaq: ASPV). Aspreva's stock jumped nearly 14% in a single day on the news. But beyond these somewhat unpredictable surges, there are stocks out there with a fundamentally compelling story behind their recent momentum. The difficulty comes in sifting through the daily trading and news-driven gyrations to find them. read more