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ARKG News and Press, ARK Genomic Revolution ETF From 12/12/19

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Company Name: ARK Genomic Revolution ETF
Stock Symbol: ARKG
Market: NYSE

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ARKG - House passes drug pricing bill, Senate unlikely to support

By a 230-192 margin, the U.S. House of Representatives has passed legislation , championed by Speaker Nancy Pelosi, aimed at corralling spiralling drug costs. More news on: ProShares Trust - ProShares Ultra Nasdaq Biotechnology, Tekla World Healthcare Fund, ARK Genomic Revolution Multi-Se...

ARKG - The Best-Performing ETFs YTD - December 2019

From the launch of the first exchange-traded fund back in 1993 with the SPDR S&P 500 ETF (NYSE: SPY ), the investment vehicle quickly gained popularity as a low-cost and highly liquid option for investors to gain passive exposure to broad market indexes. One of the themes this past decad...

ARKG - Boston nonprofit playing big role in drug pricing

The Institute for Clinical and Economic Review (ICER), a Boston-based nonpartisan nonprofit with no policy-making role, has emerged as a major influencer on pricing by drugmakers. More news on: Sanofi, Regeneron Pharmaceuticals, Inc., Amgen Inc., Healthcare stocks news, News on ETFs, ...

ARKG - VXX, UNG, UGAZ and TVIX among weekly ETF movers

Gainers:  Natural Gas 3X Long ETN Velocityshares (NYSEARCA: UGAZ )  +30.2% . More news on: VelocityShares 3x Long Natural Gas ETN, ProShares Trust II - ProShares Ultra Bloomberg Natural Gas, Direxion Shares ETF Trust - Direxion Daily Pharmaceutical & Medical Bull 3X Shares,...

ARKG - Drug shortages reflect "broken market" - FDA

In a statement , the FDA says chronic shortages of certain medicines in the U.S. have not produced the expected responses from drugmakers that traditional economics predict, specifically, increasing prices to reflect a supply/demand imbalance aimed at achieving profitable production to sati...

ARKG - Pelosi drug bill would save $345B - CBO

A preliminary analysis from the nonpartisan Congressional Budget Office (CBO) found that House Speaker Nancy Pelosi's (D-CA 12th District) bill to lower drug prices would save Medicare $345B between 2023 and 2029 by allowing the Secretary of Health and Human Services to negotiated lower pr...

ARKG - AbbVie and Roche price hike leaders past two years

According to a new report from the nonprofit Institute for Clinical and Economic Review (ICER), AbbVie ( ABBV -0.6% ) and Roche ( OTCQX:RHHBY -1.6% ) were number one and two, respectively, in terms of the impact of their price increases on U.S. drug spending. More news on: AbbVie Inc...

ARKG - VXX, UGAZ, DGAZ and TAN among weekly among ETF movers

Gainers:  Direxion S&P Biotech Bear 3X (NYSEARCA: LABD )  +25.9% . More news on: Direxion Daily S&P Biotech Bear 3x Shares ETF, Direxion Daily Natural Gas Related Bear 3X Shares ETF, VelocityShares 3x Inverse Natural Gas ETN, News on ETFs, Stocks on the move, Read m...

ARKG - VHT: Beware Of False Growth Narratives Like "Aging Population"

(Source - Pexels/Pixbay ) It is widely believed that the Healthcare sector is a safe sector in a recessionary environment because "people always need medical treatment." While that is historically true, it seems that many investors are underweighting the substantial risks in the sector. H...

ARKG - Trump readies plan allow drug imports from Canada

In an interview with CNBC, Health Secretary Alex Azar revealed that the Trump administration is working on a plan that would allow the U.S. to import medicines from Canada, but offered no additional details as to how the plan would work. More news on: ProShares Trust - ProShares Ultra Na...

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