Shares of Aurinia Pharmaceuticals(AUPH) Soared 79%

Aurinia Pharmaceuticals(AUPH)周四（12月5日）飙升79％

—on Thursday. The biotech got good news from the trial of an experimental Lupus drug. Another biotech company, Acadia Pharmaceuticals (ACAD), also saw its stock jump 14%. That came after it announced positive results about its drug for dementia-related psychosis.

这家生物技术公司治疗狼疮的药物试验取得了积极成果。另一家生物技术公司Acadia Pharmaceuticals (ACAD)也上涨了14％，该公司此前宣布其用于痴呆症相关精神病的药物取得了积极成果。

But a third biotech broke the positive trend. Sage Therapeutics (SAGE) announced that its depression treatment had failed a key trial and didn’t perform better than a placebo. That news sent its stock tumbling 60%.

但从另外一家生物技术公司那里传来了坏消息。Sage Therapeutics (SAGE)宣布其治疗抑郁症的药物的一项关键试验失败，疗效没有一款安慰剂更好。这一消息导致该公司股价暴跌了60％。

There is sure to be more big biotech news coming up. It’s conference season in the medical science community.

未来生物技术领域肯定还会有更多重大消息传出。目前是医学界的会议密集期。

General Motors and LG Chem Plan to Invest $2.3 Billion

通用汽车和LG化学计划投资23亿美元

—in an Ohio battery factory. It’s part of a 50-50 joint venture that was announced on Thursday. Batteries are high-tech and expensive. It makes sense for GM to pair up with LG Chem (051910.Korea), rather than go it alone.

两家公司计划向一家位于俄亥俄州的电池工厂投资。这是两家公司周四宣布的50-50合资项目的一部分。电池属于高科技而且较为昂贵的产品，通用汽车(General Motors, GM)和LG化学(LG Chem, 051910.韩国)合作、而不是单独开展该业务是正确的选择。

The electronic car maker Tesla’s (TSLA) batteries come from its own joint-venture with the Japanese company Panasonic (6752.Japan). The two are spending $5 billion to build that so-called gigafactory in Nevada you’ve probably heard so much about.

电动车制造商特斯拉(Tesla, TSLA)的电池来自与日本公司松下(Panasonic, 6752.日本)的合资企业。两家公司正斥资50亿美元在内华达州修建所谓的“超级工厂”，这一消息被炒得沸沸扬扬。

To sum it up: The auto industry is betting big on batteries.

总而言之，汽车行业正在大举押注电池领域。

The New York Mets Could be Worth $2.6 Billion

纽约大都会棒球队价值或为26亿美元

—At least considering the valuation that Steve Cohen is reportedly now offering for a majority stake. It’s a price out of reach for most people who dream of owning a Major League Baseball team—because most people aren’t billionaire hedge fund managers.

至少这是据报道史蒂夫·科恩(Steve Cohen)现在提出的收购其多数股权的估值。对于大多数梦想拥有美国职业棒球大联盟球队的人来说，这是一个遥不可及的价格，因为大多数人都不是亿万富翁级的对冲基金经理。

But here’s some good news for the rest of us: There is a way to own a much smaller slice of a team, for a much smaller price. Shares of Liberty Braves Group (BATRA) closed at $28.08 each on Thursday.

但是，对我们其他人来说有一个好消息：有一种方法可以以更低的价格投资一个球队。Liberty Braves Group (BATRA)股价周四收于每股28.08美元。

Liberty Braves is a holding of John Malone’s Liberty Media . It owns the Atlanta Braves and the ballpark where they play. Not quite a controlling stake in the Mets, but it’s a cheap way to own a baseball team.

Liberty Braves是约翰·马龙(John Malone)旗下Liberty Media所持的资产，Liberty Braves拥有亚特兰大勇士队和他们的球场。虽然这并不是大都会队的控股权，但是一种较为便宜的投资一支球队的方法。

翻译 | Anqi

版权声明：

《巴伦》(barronschina) 原创文章，未经许可，不得转载。英文版见2019年12月6日报道“A 60% Tumble for Sage Therapeutics, and Two More Numbers to Know”。

（本文内容仅供参考，投资建议不代表《巴伦》倾向；市场有风险，投资须谨慎。）