Press release content from Business Wire. The AP news staff was not involved in its creation.
Arch Grants Surpasses $20 Million Milestone In Its Sustained Impact Campaign
February 18, 2021 GMT
ST. LOUIS (BUSINESS WIRE) Feb 18, 2021
Arch Grants announced that it has reached a milestone in its Sustained Impact Campaign by raising $21.5 million in gifts and commitments. The Campaign will allow Arch Grants to scale its model for attracting and retaining entrepreneurs to St. Louis in an effort to drive local and regional economic development for the long-term. While Arch Grants will continue to raise funds, money raised to date will begin to be distributed in 2021. Arch Grants estimates that at least $600,000 will go toward additional grants and relocation assistance through its Global Startup Competition in 2021, and another $400,000 will go toward the recently announced Growth Grants program to provide up to $100,000 in follow-on funding to selected Arch Grants companies that need
Perseverance Mission Highlights CRISM’s Continued Contributions to Martian Science By Michael Buckley
On ancient Mars, water carved channels and transported sediments to form fans and deltas within lake basins. Examination of spectral data acquired from orbit shows that some of these sediments have minerals that indicate chemical alteration by water. In the Jezero crater delta, above, sediments contain clays and carbonates. This image, which includes information from the APL-built Compact Reconnaissance Imaging Spectrometer for Mars (CRISM), originally appeared in a paper by CRISM deputy principal investigator and Perseverance mission team member Bethany Ehlmann.
Credit: NASA/JPL-Caltech/MSSS/Johns Hopkins APL
Finance | The Source | Washington University in St Louis wustl.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wustl.edu Daily Mail and Mail on Sunday newspapers.
Source: Shutterstock
February 18, 2021 SHARE
Although brick-and-mortar companies like GameStop and AMC Theaters have given investors reason to count them out of stock market success, a huge surge via a “short squeeze” was both predicted and expected in recent research by an expert at Washington University in St. Louis.
In fact, he and his co-authors noticed the everyday investor talk behind GameStop percolating online in 2020.
“The probability of short squeeze, we document, has been a signal and potential predictor of a big return for a while as we show in the paper but has exploded this year, and these chat rooms provide a forum to discuss it and even coordinate,” said Ilias Filippou, visiting assistant professor of finance at Olin Business School.
Bloomsbury - Laurel Jean Fredrickson - Laurel Jean Fredrickson bloomsbury.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomsbury.com Daily Mail and Mail on Sunday newspapers.