welcome
Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Arvinas, Inc. (ARVN): Among Stocks Under $10 that Will Triple

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

84% Informative

The Russell index (which tracks small-cap stocks) has fallen over 15% from its peak in November 2024 as of the time of writing this article.

However, the broader market has only dropped about 14% on a YTD basis.

This gap shows how economic uncertainties and higher interest rates have more impact on smaller companies as they carry more debt and feel borrowing costs more acutely.

Small-cap companies with international supply chains now face higher costs that could damage profitability.

Arvinas, Inc. (NASDAQ: ARVN )’s revenue jumped 235% to $263.4 million in 2024 , up from $78.5 million in 2023 .

The company beat analysts’ expectations in Q4 , posting losses of $ 0.63 per share versus the predicted $ 1.07 per share.

ARVN ranks 7th on our list of stocks under $ 10 that will triple.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.