Friday, April 12, 2013

StemCells (STEM) Gets More Cash

StemCells (STEM) is an important stock in the GDT::Portfolio. If stem cells were a technology, then it's possible they will be a disruptive technology. Headline from yesterday (02013.04.11): "StemCells, Inc. Enters Agreement to Receive $19.3 Million From California Institute for Regenerative Medicine to Help Fund IND for Alzheimer's Disease GlobeNewswire(Thu, Apr 11)". Two days earlier there was this headline: "StemCells, Inc. Closes $10 Million Debt Financing GlobeNewswire(Tue, Apr 9)".

STEM had an intra-day low of $1.60 on 02013.14.08. Yesterday, 02013.04.11, STEM had an intra-day high of $1.87. STEM closed yesterday at $1.77. 52-week range: $0.59 - $2.67.

No comments:

Post a Comment