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Purdue Pharmaceuticals files for bankruptcy

Purdue Pharmaceuticals, a U.S. manufacturer of the opioid painkiller, OxyContin, received bankruptcy protection from the court on the 1st (local time). According to the Wall Street Journal (WSJ), Judge Robert Drain of the federal bankruptcy court in White Plains, New York, approved Purdue Pharmaceuticals’ restructuring plan. That would also end lawsuits filed by
Economy News Shares

ARK Invest: 4 stocks to buy and watch

In 2020, ARK Innovation ETF gained more than 152%, greatly exceeding Nasdaq’s 43.6% return. ARK Invest ETFs also include Autonomous Technology & Robotics (ARKQ), Next Generation Internet (ARKW), Genomic Revolution (ARKG), Fintech Innovation (ARKF) and the newly launched Space Exploration and Innovation (ARKX). “Disruptive innovation is often not properly