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Inari Medical IPO: Why Stock Soared on Opening Trade Day

The Inari Medical IPO launched May 22, 2020. Investors immediately jumped on Inari stock. Its price soared to best opening-day gains of any IPO this year. And that’s a good sign to investors the markets are improving from coronavirus levels.
But is Inari Medical a good investment? Here’s what we know…
Inari IPO: The Business

Inari Medical is a medical device company. Bob Rosenbluth founded it in 2013. Inari develops products to treat venous diseases. Currently, the company offers two products, the ClotTriever and FlowTriever. According to the company…
“We believe the best way to treat VTE (venous thromboembolism) and improve the quality of …read more […]

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EU's Vestager denies making Lufthansa bailout more difficult

EU antitrust chief Margrethe Vestager denied on Friday that she was putting hurdles in the way of Lufthansa’s $10 billion government rescue, saying companies getting big capital injections from the state have to offset their competitive advantage. Vestager wants Lufthansa to permanently give up some take-off and landing slots at Frankfurt and Munich airports, where it commands a two-thirds market share, in return for giving the green light to the German government taking a 20% stake in the airline. Lufthansa’s board, however, has rejected her demands. …read more […]

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How to Be Financially Independent

Are you a doctor, lawyer, or other professional? How about a salaried employee?
If so, you’re in a trap. And you’ll never get out unless you listen to me today.
In my book Automatic Wealth, I talked about this “trap.” Here’s what I said…
At the end of the day, you are charging for your time. And if you want to make more money, there are only two ways to do it:
1. Charge more per hour.
2. Work more hours (though there are only so many hours you can work and still have a life).
Professionals and top executives, you may be surprised …read more […]