Latest news with #AdamGrossman
Yahoo
29-04-2025
- Business
- Yahoo
Why ADMA Biologics, Inc. (ADMA) Surged on Monday
We recently published an article titled . In this article, we are going to take a look at where ADMA Biologics, Inc. (NASDAQ:ADMA) stands against the other stocks. The stock market kicked off the trading week on a mixed note, with two major indices ending in the green, as investors continued to digest more corporate earnings results. Among the bellwether indices, only the Nasdaq ended in the red, dropping 0.10 percent. In contrast, the Dow Jones grew by 0.28 percent and the S&P 500 inched up by 0.06 percent. Meanwhile, 10 companies mirrored a broader market optimism, as investors snapped up shares ahead of their first-quarter earnings performance in the next few days. To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume. An independent distributor in their pharmacy with a range of biopharmaceutical products on display. ADMA Biologics, Inc. (NASDAQ:ADMA) soared to a new all-time high on Monday after securing the approval of the Food and Drug Administration (FDA) for its innovative yield enhancement production process. According to the company, the innovative process has demonstrated an ability to increase production yields by approximately 20 percent from the same starting plasma volume. Following the announcement, ADMA Biologics, Inc. (NASDAQ:ADMA) touched a new record high of $25.67 at intraday trading before early profit-taking pulled its price slightly lower to end the day just up by 12.12 percent at $24.51 apiece. 'This approval represents a pivotal milestone for ADMA, unlocking the opportunity for meaningful acceleration in our revenue and earnings trajectory beginning in late 2025 and accelerating further into 2026 and beyond,' said Adam Grossman, president and CEO of ADMA Biologics, Inc. (NASDAQ:ADMA). 'Looking ahead, we are excited to continue to advance our internal R&D platform—further optimizing production capabilities and progressing novel pipeline programs, most notably SG-001, our pre-clinical, investigative hyperimmune globulin targeting S. pneumonia, which exemplifies our commitment to product and process innovation,' he added. Overall ADMA ranks 3rd on our list of the best performing stocks on Monday. While we acknowledge the potential of ADMA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ADMA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
23-04-2025
- Business
- Yahoo
Why ADMA Biologics Inc. (ADMA) Performed Worst On Monday?
We recently published a list of . In this article, we are going to take a look at where ADMA Biologics Inc. (NASDAQ:ADMA) stands against other best worst-performing companies on Monday Wall Street kicked off the trading week on a sour note anew as investors continued to digest the impact of President Donald Trump's tariff policies and his criticism of the Federal Reserve. The tech-heavy Nasdaq fell the most among the major indices, down 2.55 percent, followed by the Dow Jones at 2.48 percent, and the S&P 500 at 2.36 percent. Ten companies mirrored the market bloodbath, booking significant losses during the day. In this article, we have listed the 10 worst-performing companies on Monday and detailed the reasons behind their declines. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. An independent distributor in their pharmacy with a range of biopharmaceutical products on display. ADMA Biologics saw its share price decrease by 7.84 percent on Monday to close at $19.64 apiece as investors sold off amid an overall market pessimism and the lack of fresh catalysts to boost investing appetite. Last week, ADMA saw a rally in its shares following announcements that it sees minimal to no impact from the ongoing trade tensions globally. In a news release, ADMA President and CEO Adam Grossman underscored the company being a fully US-based firm, with manufacturing operations, market sales, and customer engagements conducted exclusively within the US. 'The tariffs that have been implemented on foreign goods, services, and manufacturing should have no impact on ADMA and its supply chain or production operations,' he said. 'Our strategic infrastructure not only ensures enhanced supply chain robustness, resilience, and regulatory compliance but also aligns with increasing federal and private sector preferences for US-made products and services,' he added. ADMA is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty biologics for treating immunodeficient patients at risk for infection and others at risk for certain infectious diseases. Overall, ADMA ranks 7th on our list of worst-performing companies on Monday. While we acknowledge the potential of ADMA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ADMA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
Why ADMA Biologics, Inc. (ADMA) Skyrocketed On Tuesday?
We recently published a list of . In this article, we are going to take a look at where ADMA Biologics, Inc. (NASDAQ:ADMA) stands against other firms that end stronger on Tuesday. A muted trading persisted on the stock market on Tuesday, with major indices ending in the red, recording minimal losses while digesting President Donald Trump's tariff policies. The Dow Jones declined by 0.38 percent, the S&P 500 dipped by 0.17 percent, while the tech-heavy Nasdaq dipped by 0.05 percent. Ten companies bucked a broader market pessimism, booking modest gains during the session. In this article, we have identified the reasons behind their gains. To come up with the list, we only considered the stocks with $2 billion market capitalization and $5 million trading volume. An independent distributor in their pharmacy with a range of biopharmaceutical products on display. ADMA Biologics rallied for a third straight day on Tuesday, adding 5.93 percent to end at $22.15 as investor sentiment was buoyed by its business optimism, saying it sees only minimal to no impact from the ongoing trade tensions globally. In a statement earlier this week, ADMA President and CEO Adam Grossman underscored the company being a fully US-based firm, with manufacturing operations, market sales, and customer engagements conducted exclusively within the US. 'The tariffs that have been implemented on foreign goods, services, and manufacturing should have no impact on ADMA and its supply chain or production operations,' he said. 'Our strategic infrastructure not only ensures enhanced supply chain robustness, resilience, and regulatory compliance but also aligns with increasing federal and private sector preferences for US-made products and services,' he added. ADMA Biologics is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty biologics for treating immunodeficient patients at risk for infection and others at risk for certain infectious diseases. Overall, ADMA ranks 4th on our list of firms that end stronger on Tuesday. While we acknowledge the potential of ADMA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ADMA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-03-2025
- Business
- Yahoo
Tribune-Star Editorial: Parks investments are solid in an uncertain time
Terre Haute and Vigo County have a niche that can offer the community national distinction. And it is one worth trumpeting and enhancing. Fortunately, the latter is already happening. Several parks investments were detailed in multiple separate stories in Friday's Tribune-Star by reporter David Kronke. Few American places have the scope, variety and aesthetics of the Terre Haute and Vigo County parks. That is not just an idle boast. Outside entities recognize the community's commitment to its outdoors facilities. Only 31 other U.S. cities have as many parks per capita as Terre Haute, according to the 2024 Best Small Cities in America rankings by the personal finance website, WalletHub. That's a glowing statistic, considering those rankings include more than 1,300 towns across the country. The parks element is just one sub-category among many, and the combination of that and other quality-of-life variables used in WalletHub's calculation — from housing costs to school-system quality, to the crime rate and more — left Terre Haute with a lowly overall ranking of 1,128th. Clearly, parks represent Terre Haute's and Vigo County's forte. In fact, the 2019 Best Small Cities rankings put Terre Haute and its parks (including the Vigo County parks) in an even loftier spot — No. 1 in America in parks per capita, tied with 10 other towns. That reality not only enhances residents' lives but can also invigorate Terre Haute's economy. The local trails and parks — from the wildlife and hiking at Wabashiki Fish and Wildlife Area to the sporting challenges of Griffin Bike Park; Deming Park's 18-hole disc golf course, Oakley Playground and Spirit of Terre Haute train; Fairbanks Park's Wabash River vistas and festival spaces; Brittlebank Park's popular pickleball courts; the busy skatepark at Voorhees Park (Indiana's second-largest); and the handy amenities of neighborhood parks like Maple Avenue Nature Park, and George and Ida Smith Park in Prairieton — can help entice potential employers, employees and young families to make Terre Haute and Vigo County their home. Improvements to the parks are coming, as the news reports indicated. This week, county parks staff busily worked at Griffin Bike Park, where a grant from Health First Indiana — a state public health initiative — is funding construction of a pro shop for vendors, community space that can be rented for events and a park manager office. In December, Vigo Parks Superintendent Adam Grossman and the county commissioners signed a contract for $1 million with Strode Construction, low bidder on the project. Also this week, the Terre Haute City Council re-appropriated American Rescue Plan Act (or ARPA) funds — a step necessary to keep funded projects moving forward — that will cover renovations to Rea Park ($1.38 million), Herz-Rose Park ($2.26 million) and Deming Park's pool ($2 million). And, an effort by Mayor Brandon Sakbun's Youth Council to raise $35,000 for playground equipment at Coy Park — an urban greenspace at 16th Street and Barbour Avenue — got a boost 10 days before a deadline to get matching funds. Indiana American Water donated $10,000 toward the cause. The Youth Council must raise $35,000 to qualify for a matching grant through the Indiana Housing and Community Development Authority. As Indiana American's company director Justin Schneider said of the decision to donate to the Coy Park project, 'We've really tried to take the approach of making contributions to a community that's going to make a difference.' Indeed, Terre Haute and Vigo County can make a difference in its future by maintaining and developing its distinctly strong parks. They are a reason to choose this community as a place to live, work and play.
Yahoo
31-01-2025
- General
- Yahoo
Prairie Creek Park, once again, producing maple syrup
VIGO COUNTY, Ind. (WTWO/WAWV) — After not being able to operate last year, Vigo County Parks are again using Prairie Creek Park to produce maple syrup. If you drive into the park this time of year, you'll see buckets and tubes stemming from the trees. Vigo County Parks Superintendent Adam Grossman says the operation has been going on for decades. 'Our department has been doing it since the 70s', Grossman said. 'We've come through a lot of different ways that we do it. We used to tap almost 2000 trees, 2000 taps. Right now, we're running about 300 taps, which is really good for us.' Visitors of Prairie Creek Park really enjoy the buckets that hang off the maple trees as they can open them and look at the sap that has been collected that day. However, the star of the show, is the tubes that take the sap directly from the tree, right into production. 'Our vacuum system pumps it up to our holding tank', Grossman said. 'Then if we get, usually, around 300 or 400 or more, we'll start up the evaporator and start boiling. It runs 40 to 1. You have to have 40 gallons of sap to make one gallon of syrup, so there is a lot of sap involved. Today we're doing over 500 gallons, and we'll not get 500 gallons of syrup, nowhere near that.' Natural Resource Programmer Heather Cosme Milian says they are hoping production continues to be strong, so they can show off their product to local residents soon. 'Coming up next weekend is our annual pancake breakfast', Cosme Milian said. 'It is going to be over at Fowler Park this year. Tickets are just $8 per person, kids 2 and under are free. You can come on out, get your pancake breakfast, pancakes, sausage and some Prairie Creek Maple Syrup.' The pancake breakfast will be February 8th at Fowler Park. If you don't have the chance that day, you can also purchase the syrup directly at the Sugar Shack, located inside the park. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
