Author: Vitaliy Dadalyan

ElectroCore Pops 160% On FDA Nod For Covid-19 Asthma Device

Shares in ElectroCore, Inc. (ECOR) more than doubled after the U.S. Food and Drug Administration (FDA) issued an Emergency Use Authorization (EUA) for the use of its gammaCore Sapphire device to treat adult patients with COVID-19 who are experiencing exacerbation of asthma-related dyspnea and reduced airflow.The stock surged to $2.20 in Monday’s morning market trading after the U.S. medical device maker announced that the EUA was granted for acute use of the the hand-held device at home or healthcare settings for COVID-19 patients for whom approved drug therapies are not tolerated or provide insufficient symptom relief.The stimulation device is applying a mild electrical signal to the vagus nerve through the skin on either side of the patient’s neck. The company said that the FDA decision was based on available scientific evidence showing that it is “reasonable to believe that the device meets certain criteria for safety, performance, and labeling,” and that it...

Here's How Much Investing $1,000 In The GLD Gold Fund In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return for the decade was 250.5%. But there's no question some popular investments did much better than others along the way.Gold's Difficult DecadeOne lagging performer in the last decade was the SPDR Gold Trust (NYSE: GLD).The GLD ETF started out the 2010s trading at around $110. For the first year and a half of the decade, gold prices were on fire, rallying from around $1,100 per ounce to as high as $1,923/oz in mid-2011.Investors were scooping up gold on concerns that the massive stimulus action taken by the Federal Reserve during the financial crisis in 2008 and 2009 would eventually lead to significant inflation. Unfortunately for gold investors, that inflation never materialized and the $1,923 level represented peak gold prices of the 2010s.Given the GLD trades mostly in-line with gold...