Theratechnologies reports Q2 2024 sales of $22.02 million, a 25.5% YoY increase, driven by strong demand for EGRIFTA SV. Net income reached $1 million with an adjusted EBITDA of $5.5 million. The company expects FY 2024 revenue of $87-$90 million and adjusted EBITDA of $13-$15 million.

Carvana Co (NYSE:CVNA) shares are trading higher Wednesday. The company launched a new streamlined shopping experience. The stock was also upgraded by Needham.

Shares of 3M (NYSE: MMM) are down in premarket trading following the resignation announcement of President and CFO Monish Patolawala, effective July 31, 2024. Patolawala will remain with the company until then to ensure a smooth transition.

The market’s bullish bias will likely be put to the test on Wednesday as some key market-moving catalysts due this week could pose a threat to the upward momentum.