- Theravance ($THRX) tops the list of U.S. top earners this week. The biopharmaceutical company’s stock price had been inching steadily lower in recent months. When the trend reversed in early June, fees to borrow began trending higher, ultimately reaching a peak last week. Fees are trending lower again.
- The stock price of 3D Systems ($DDD) has been trending steadily lower for months, while fees to borrow have exhibited some volatility, now hovering less than half the highs seen in May. Despite the market fluctuations, Forbes named the 3D printing company one of its “Most Innovative Growth Companies” recently.
- In the short time since the firm has been public, GoPro ($GPRO) has traded from around 50% to 100% over its $24 IPO price. Utilization and fees to borrow have dropped from their extreme highs in recent days, but not to insignificant levels.