6/4/2023 0 Comments Twitter ticker symbol problems![]() Roundhill is also part of the thematic boom. because the ticker wasn’t part of the NYSE pitch. Among the stand-outs he cites is COIN, which drew cryptocurrency exchange Coinbase Global Inc. “Because there’s been so many IPOs and SPACs, many unique or consumer companies, they’ve taken a lot of great tickers,” he says. But Mazza reckons it’s getting more competitive, and not just because of the fund boom. To date no one has tried to buy a live ticker from him, “but I do know there are back-channel conversations about if someone might have a ticker that you think you might want, is there a possible swap,” he says.ĭirexion has been well-placed to surf the thematic wave thanks to products with funky tickers like MOON, WFH and GUSH. “As we’ve seen an increase of retail trading and investors come into the market, there certainly has been greater appetite for firms-including ourselves-to try and gain access to tickers that may fit in the memorable category,” says Dave Mazza, head of product at ETF issuer Direxion. These ETFs, which target hot trends like robotics or electric vehicles, have amassed roughly $165 billion in assets - up from below $50 billion in 2016. Yet this is a niche where fees and distribution take a back seat to visionary ideas and persuasive pitches. “Now that we’re getting into more thematic ETFs where that ticker becomes even more important and recognizable, I think we’re going to see that activity increase.”Īn ETF-ticker gray market, fueled by the thematic investing boom? It seems fanciful, considering the complex cocktail of ingredients that combine to make or break any fund. “It’s probably still kind of a minority situation,” Flores says. Unsolicited approaches for tickers are likely becoming more common. She describes it as “technically” legal-which is good enough for me-and intriguingly, says it’s not such an unusual request. I explain my MEME plan to her, and ask if it’s feasible. She’s who you call if you want to get your ETF registered, and helped turn the concept behind MEME into the filing that landed with the Securities and Exchange Commission on Thursday. “The high-frequency ticker-reservation guys.” The gray marketĪt law firm Morgan, Lewis & Bockius LLP, Laura Flores specializes in the regulation of investment vehicles. Although I suppose that would create a millisecond risk of someone stealing it. ![]() You could agree to a price, I say, and Roundhill can drop the ticker and the buyer can reserve it a second after it does. ETF universe, therefore, a ticker is all-important. Subscribe here to get my analysis and stock picks in your inbox.To win a slice of the record billions pouring into the saturated $6.7 trillion U.S. Stay ahead of the market trends with Meanwhile in MarketsĮvery day, I put out a story that explains what’s driving the markets. Not only isn’t the company publicly listed, it’s also non-profit.īut there’s speculation that Meta could be building a Twitter alternative.Īs Darrell Etherington, TechCrunch’s Managing Editors wrote: “with its existing social pedigree and network dynamics, likely has the best chance of being able to replicate what led to Twitter building the user base it currently enjoys - and also growing that, while turning it into a money-making enterprise at the same time”Ĭould Meta take advantage of Twitter’s shakeout and copycat it in an effort to revive itself ? It’s not outside the realm of possibility considering its track record in knocking off the competition. There’s no direct way to trade this open-source platform. Is there Mastodon stock or a way to invest in this growing social network? The short answer is no. ![]() YouTube, Instagram, Facebook, and Twitter all use an algorithm to determine what you see when you open them. Most social media platforms don't use a chronological feed. ![]()
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In fact, other recent studies directly contradict the findings of the Johns Hopkins report. The new research hardly settles whether statins are good or bad for COVID-19 patients. “Second, people who use statins may also be overweight, have diabetes, or experience high blood pressure, all of which could also cause worsened severity of COVID-19 infection.” “Heart disease has also been a long-term effect of the virus, which is not being studied,” he noted. He urged healthcare professionals to continue to follow the American Heart Association’s guidelines for treating high cholesterol, which includes recommendations for statin use. “First, the level of evidence for this study is not as strong in comparison to the controlled trials that demonstrate a clear benefit of statins for preventing heart disease,” said Banerjee. “While at first glance the findings seem to demonstrate that statin use may be associated with increased severity of infection, the level of evidence and the beneficial effect of statins should also be noted,” Banerjee told Healthline. Sri Banerjee, a faculty member in the PhD in Public Health program for Walden University in Minnesota. “Researchers and healthcare providers are trying to look for ways to weigh the risks and benefits” of statin use in people with COVID-19, said Dr. “Despite the apparent beneficial effect of statins on the outcomes of various infectious diseases, our study revealed that their specific use to treat COVID-19 is probably not merited,” Karakousis said. The possible increased risk of severe COVID-19 illness from taking statins is an additional reason why this population should get vaccinated, officials say. The agency recommends that high-risk individuals get vaccinated against the disease and designates people with cardiovascular illnesses as a priority population for vaccines and booster shots. People with heart disease are considered to have a higher risk of serious COVID-19 illness, according to the Centers for Disease Control and Prevention (CDC). However, COVID-19 mortality rates were not affected either positively or negatively by taking statins, the study found. “Therefore, statins may lower a cell’s resistance to infection and, in turn, increase the odds that the patient will have a more severe case of COVID-19,” Karakousis said. Petros Karakousis, a senior study author and professor of medicine at the Johns Hopkins School of Medicine. “One plausible explanation for this finding is that statins increase cellular production of angiotensin-converting enzyme 2, the receptor on a cell’s surface through which SARS-CoV-2 gains entry,” said Dr. Researchers from the Johns Hopkins School of Medicine in Maryland who examined medical records of 4,447 patients admitted for COVID-19 reported that statin use was associated with an 18 percent increase in the risk of more serious illness from the disease. Statins are a proven lifesaver for many people at risk of cardiovascular disease.īut the cholesterol-lowering drugs may also raise the risk of serious illness among users who develop COVID-19, a new study concludes. However, recent research from earlier this year reported that statin use may actually lower a person’s risk of serious COVID-19 illness.Researchers say the high risk may come from the fact that statins increase the production of an enzyme that the coronavirus uses to gain entry.A recent study suggests that people who take statins may have a higher chance of serious illness if they develop COVID-19.Due to this, Phillips assumed he was immune and didn’t need to get vaccinated.Share on Pinterest Experts say people who take statins, especially those with heart disease, should get vaccinated against COVID-19. The first time was in January 2020, and a test found that he had antibodies. Phillips told KUSA that he caught the virus twice. He now believes everyone should get vaccinated against COVID-19. But physicality isn’t the only transformation Phillips underwent from his daunting near-death experience. He said his prior ability to “bench press 300 pounds or run a mile straight up a hill” didn’t reduce his symptoms, and he is still on oxygen. He spent 47 days intubated and lost 70 pounds, the Denver Post reported. Up until about two weeks ago, the 56-year-old was in a medically induced coma and was hooked up to a ventilator. The Colorado fitness expert - who worked as a performance nutrition and supplementation expert for the Denver Broncos in the late 1990s and is the author of “Body-for-LIFE” - almost died after a two-month battle with COVID-19 because he didn’t think he needed a vaccine. ![]() |