Retail/Wholesale

Ryan Cohen cashed in on Bed Bath & Beyond stock for over $58 million in profit; stocks plummet again

Ryan Cohen cashed in on Bed Bath & Beyond stock for over $58 million in profit; stocks plummet again

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Investor Ryan Cohen has confirmed that it will acquire its entire stake in retailer Bed Bath & Beyond Inc. sold for a profit of more than $58 million, and that its shares plunged for the second consecutive day in after-hours trading on Thursday. A filing with the Securities and Exchange Commission made public after markets …

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Ivermectin among generics that failed to help COVID-19 patients avoid hospitalization, large studies show

Ivermectin among generics that failed to help COVID-19 patients avoid hospitalization, large studies show

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A new study found that three generic drugs — fluvoxamine, commonly prescribed to treat depression, the controversial antimalarial drug ivermectin and the diabetes pill metformin — failed to prevent the kind of severe COVID-19 that leads to emergency room visits or hospitalization. The study, published Wednesday in The New England Journal of Medicine, examined whether …

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