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Why Are Novan Shares Nosediving Today?
Monday, July 17, 2023 - 10:25am | 417Novan Inc (NASDAQ: NOVN) shares are trading lower after Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announced that it has offered to acquire the company's assets. The deal value includes $15 million in cash and provides up to $15 million in DIP financing to Novan,...
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Why Progressive Shares Are Trading Lower By 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, July 13, 2023 - 12:49pm | 1519Gainers Synaptogenix, Inc. (NASDAQ: SNPX) gained 85.5% to $1.6291. Synaptogenix abstract highlighting Bryostatin-1 benefits in severe Alzheimer's disease accepted for presentation at 11th International Brain Research Organization World Congress Of Neuroscience. Jiuzi Holdings, Inc. (NASDAQ:...
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Analyst Is Bullish On Masimo Despite Proxy Overhang Concerns - Here's Why
Monday, July 10, 2023 - 3:15pm | 436Wells Fargo initiated coverage on Masimo Corporation (NASDAQ: MASI) with an Equal Weight rating and a price target of $173. The analyst says it is optimistic about the Healthcare business and sees potential upside from new Consumer Health products in 2024 and beyond. Still, the...
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Confidence Boost From Ingrezza Sales: Analyst Upgrades Neurocrine Biosciences
Thursday, July 6, 2023 - 3:12pm | 426BMO Capital Markets has upgraded Neurocrine Biosciences Inc (NASDAQ: NBIX) from Underperform to Market Perform, with a price target of $96, up from $91. The upgrade follows BMO's recent proprietary survey of 25 psychiatrists treating patients with tardive dyskinesia, a...
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SPAC Company East Resources Closes Abacus Life Merger
Monday, July 3, 2023 - 10:27am | 268East Resources Acquisition Co (NASDAQ: ERES) announced merger closure with Abacus Life for $618.0 million. Abacus Life is a buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products. With the merger closure, ERES...
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Why CorMedix Are Trading Lower By 22%; Here Are 20 Stocks Moving Premarket
Thursday, June 29, 2023 - 8:18am | 826Gainers Eco Wave Power Global AB (NASDAQ: WAVE) shares surged 123% to $3.48 in pre-market trading after dropping over 8% on Wednesday. Kintara Therapeutics, Inc. (NASDAQ: KTRA) shares gained 33.1% to $3.98 in pre-market trading after the company secured $2.0 million National Institutes of Health...
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TransCode Therapeutics And 2 Other Penny Stocks Insiders Are Aggressively Buying
Friday, June 23, 2023 - 7:08am | 495The Dow Jones closed slightly lower on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is...
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Lexicon Pharmaceuticals And 2 Other Stocks Under $5 Insiders Are Aggressively Buying
Wednesday, June 21, 2023 - 8:56am | 486The Dow Jones closed lower by over 200 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision....
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FDA Readies Proposal for Increased Oversight on Lab-developed Tests
Thursday, June 8, 2023 - 2:00pm | 322The FDA is preparing to increase regulation of a widely used class of tests conducted by laboratories to detect cancer, measure cholesterol, and identify other health issues. The FDA is developing a proposal to ensure these tests' effectiveness and accuracy. While the timing of the...
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Cue Health Becomes First Company to Receive FDA De Novo Authorization COVID-19 Home Use Test
Wednesday, June 7, 2023 - 8:54am | 314Cue Health Inc (NASDAQ: HLTH) became the first company to receive De Novo authorization from the FDA for its Cue COVID-19 Molecular Test, designed for both home and point-of-care use. The de novo is a device classification process that allows the FDA to classify new devices that are not...
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Why THOR Industries Shares Are Trading Higher By 15%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, June 6, 2023 - 1:04pm | 1547Gainers Recruiter.com Group, Inc. (NASDAQ: RCRT) shares jumped 114% to $0.41. Recruiter.com signed a definitive agreement for planned purchase of fintech assets of GoLogiq. Hoth Therapeutics, Inc. (NASDAQ: HOTH) rose 96% to $3.6850 after the company announced preclinical results for HT-ALZ...
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Over $72M Bet On This Biotechnology Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying
Tuesday, June 6, 2023 - 9:22am | 633The Dow Jones closed lower by around 200 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision...
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GitLab, Hello Group, Sprinklr, And Other Big Stocks Moving Higher In Tuesday's Pre-Market Session
Tuesday, June 6, 2023 - 7:03am | 413U.S. stock futures traded lower this morning. Here are some big stocks recording gains in today’s pre-market trading session. Zura Bio Limited (NASDAQ: ZURA) shares climbed 35.4% to $8.79 in pre-market trading after the company completed approximately $80 million financing with the focus on...
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EPAM Systems, Amyris, Blueprint Medicines And Other Big Stocks Moving Lower On Monday
Monday, June 5, 2023 - 11:30am | 651U.S. stocks traded mixed, with the Dow Jones dropping around 100 points on Monday. Here are some big stocks recording losses in today’s session. Castle Biosciences, Inc. (NASDAQ: CSTL) shares dipped 48% to $11.80. Baird, SVB Securities and Lake Street lowered their price targets on the...
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Dell, Broadcom, SentinelOne And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Friday, June 2, 2023 - 6:44am | 363U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session. SentinelOne, Inc. (NYSE: S) shares tumbled 36.3% to $13.20 in pre-market after the company reported worse-than-expected first-quarter sales and issued weak second-...