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Lexicon Pharma Pulls Sotagliflozin US Application Due To Technical Issue, Shares Fall
Monday, February 28, 2022 - 10:27am | 320Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) has voluntarily withdrawn and planned near-term resubmission of the sotagliflozin U.S. application to correct a technical issue with the submission recently identified by the company. Lexicon has notified the FDA about the issue and...
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27 Stocks Moving in Monday's Pre-Market Session
Monday, February 28, 2022 - 8:34am | 926Gainers Mullen Automotive, Inc. (NASDAQ: MULN) rose 45.4% to $1.00 in pre-market trading after the company reported progress on solid-state polymer battery pack development. Renewable Energy Group, Inc. (NASDAQ: REGI) rose 32.6% to $58.09 in pre-market trading. Chevron announced an agreement to...
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Drug Distributors, JNJ Agree To Settle $26B Opioid Lawsuits
Friday, February 25, 2022 - 11:52am | 344Distributors McKesson Corporation (NYSE: MCK), AmerisourceBergen Corp (NYSE: ABC), Cardinal Health Inc (NYSE: CAH), and Johnson & Johnson (NYSE: JNJ) have agreed to finalize a proposed $26 billion settlement resolving claims by states and local...
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Needham Upgrades Masimo To Buy, With Price Target Of $205
Friday, February 18, 2022 - 10:40am | 241Needham has upgraded Masimo Corp (NASDAQ: MASI) to Buy from Hold with a $205 price target. According to analyst Mike Matson, the selloff in the stock following the company's Sound United acquisition was "overdone" as the deal should prove to be highly...
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56 Biggest Movers From Yesterday
Thursday, February 17, 2022 - 6:14am | 2005Gainers HOOKIPA Pharma Inc. (NASDAQ: HOOK) gained 54.5% to close at $2.07 on Wednesday. Hookipa Pharma amended and restated collaboration and license agreement with Gilead Sciences for arenaviral immunotherapy as a component of a potential functional curative regimen for human immunodeficiency...
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Mid-Afternoon Market Update: US Stocks Pare Losses; S&P 500 Turns Higher
Wednesday, February 16, 2022 - 3:32pm | 796US stocks pared losses toward the end of trading on Wednesday following the release of Fed minutes. The Dow traded down 0.09% to 34,957.54 while the NASDAQ fell 0.17% to 14,115.37. The S&P, however, gained 0.15% to 4,477.98. Check out this: Insiders Buy More Than $18M Of 4 Stocks Leading and...
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Mid-Day Market Update: Crude Oil Rises 2%; EIA Reports Unexpected Rise In Crude Inventories
Wednesday, February 16, 2022 - 1:06pm | 829US stocks traded lower midway through trading on Wednesday ahead of the release of Fed minutes. The Dow traded down 0.59% to 34,783.36 while the NASDAQ fell 0.92% to 14,009.57. The S&P also fell, dropping, 0.52% to 4,447.84. Check out this: Insiders Buy More Than $18M Of 4 Stocks Leading and...
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40 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, February 16, 2022 - 1:01pm | 1468Gainers HOOKIPA Pharma Inc. (NASDAQ: HOOK) jumped 52.8% to $2.0478. Hookipa Pharma amended and restated collaboration and license agreement with Gilead Sciences for arenaviral immunotherapy as a component of a potential functional curative regimen for human immunodeficiency virus (HIV). Upstart...
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Mid-Morning Market Update: Markets Open Lower Ahead Of Fed Minutes
Wednesday, February 16, 2022 - 11:09am | 880US stocks opened on a downbeat note this morning following the release of several economic reports. Following the market opening Wednesday, the Dow traded down 0.57% to 34,789.78 while the NASDAQ fell 1.32% to 13,953.73. The S&P also fell, dropping, 0.76% to 4,437.27. Check out this: Insiders...
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Masimo Stock Plunges After Q4 Results, Sound United Deal
Wednesday, February 16, 2022 - 9:41am | 319Masimo Corp's (NASDAQ: MASI) Q4 product revenue increased 11% Y/Y to $327.6 million, or 11.5% on a constant currency basis, beating the consensus of $320.93 million. Excluding handheld and fingertip pulse oximeters, shipments of noninvasive technology boards and instruments were 76,...
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10 Biggest Price Target Changes For Wednesday
Wednesday, February 16, 2022 - 8:23am | 414Needham raised Airbnb, Inc. (NASDAQ: ABNB) price target from $210 to $220. Airbnb shares rose 3.1% to $185.70 in pre-market trading. Piper Sandler lowered the price target for Masimo Corporation (NASDAQ: MASI) from $330 to $200. Masimo shares fell 6.1% to $215.00 in pre-market trading. Goldman...
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Moleculin Biotech Annamycin Doublet Therapy Shows 68% Overall Survival In Animal Study
Monday, February 14, 2022 - 3:10pm | 274Moleculin Biotech Inc (NASDAQ: MBRX) has announced preliminary results supporting the successful conclusion of its second Phase 1 trial in Poland, evaluating Annamycin for relapsed and refractory acute myeloid leukemia (AML). Moleculin determined a dose of 240 mg/m2 as the...
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Why Neurocrine Biosciences Are Trading Higher Today?
Friday, February 11, 2022 - 12:44pm | 278Neurocrine Biosciences Inc (NASDAQ: NBIX) reported Q4 Ingrezza sales of $301 million, +25% Y/Y, with total prescriptions up 32% Overall sales increased $312.0 million 26%, missing the consensus of $316.79 million. Ingrezza (valbenazine) is indicated for adults with movements in the face...
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Labcorp's Q4 Earnings Beat Consensus Despite 15% Decline In COVID-19 Testing Sales
Thursday, February 10, 2022 - 9:40am | 313Laboratory Corp of America Holdings (NYSE: LH) Q4 FY21 revenue decreased 9.7% Y/Y to $4.06 billion, beating the consensus of $3.90 billion. The decrease was due to organic revenue decline of 10.3%, partially offset by acquisitions of 0.6% and foreign currency translation of 0.1%. The 10....
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10 Biggest Price Target Changes For Tuesday
Tuesday, February 8, 2022 - 9:22am | 416Keybanc raised Take-Two Interactive Software, Inc. (NASDAQ: TTWO) price target from $185 to $190. Take-Two Interactive shares fell 2.8% to $170.21 in pre-market trading. HC Wainwright & Co. cut the price target for Westport Fuel Systems Inc. (NASDAQ: WPRT) from $16 to $12. Westport Fuel...