What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Gainers
Acorda Therapeutics, Inc. (NASDAQ: ACOR) surged 163.8% to close at $0.8970 on Monday after the company announced a $16.5 million award and royalty/supply relief in the AMPYRA arbitration case.
Gravitas Education's (NYSE:GEHI) short percent of float has risen 43.48% since its last report. The company recently reported that it has 68 thousand shares sold short, which is 0.33% of all regular shares that are available for trading.