Alphatec: Price Reversal Diverges From Economic Levers That Are Well In Situ (Rating Upgrade)

Alphatec: Price Reversal Diverges From Economic Levers That Are Well In Situ (Rating Upgrade)

Investment briefing The equity stock of Alphatec Holdings, Inc. (NASDAQ:ATEC) has caught a 20% bid since my January publication. The stock rallied 12 months from July FY’22—’23 and then sold off quickly. This isn’t uncommon in smaller names, whereby distribution occurs at the 12-month mark within an upside leg given those long of the stock…

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US economy shifts into disinflation mode; consumer prices rise modestly

US economy shifts into disinflation mode; consumer prices rise modestly

WASHINGTON, July 12 (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation subsided further, but probably not fast enough to dissuade the Federal Reserve from resuming raising interest rates this month. The report from the Labor Department on Wednesday also showed underlying…

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