Victor Golmer/iStock Editorial via Getty Images Grifols (NASDAQ:GRFS) shares traded higher on Friday after the Spanish plasma therapeutics company named Bank of America (BAC) executive Rahul Srinivasan, its new Chief Financial Officer (CFO). Srinivasan will assume duties effective September 16, 2024, replacing outgoing CFO Alfredo Arroyo, who recently announced hisContinue Reading
Flashpop Bionano Genomics (NASDAQ:BNGO) lost ~9% premarket Friday after the life sciences company announced an agreement with certain healthcare-focused institutional investors to sell ~17.5M shares of its common stock to raise roughly $10M in gross proceeds. As part of the agreement, the company will conduct a registered direct offering pricedContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Smith & Nephew (NYSE:SNN) ADRs traded higher premarket Friday after the U.K.-based medical device maker disclosed an ownership stake from Swedish activist investor Cevian Capital. In a regulatory filing on Thursday, Smith & Nephew (SNN) said Cevian held a 5% stake in the London-listed firmContinue Reading
Choreograph/iStock via Getty Images Traders are enjoying a mid-week break in the U.S., with stock markets – including the NYSE and NASDAQ – closed in observance of Independence Day. The bond market and U.S. commodities markets, including gold and oil futures, will also be closed on Thursday. What’s open? FuturesContinue Reading
sutthirat sutthisumdang H.C. Wainwright initiated coverage of Assertio Holdings (NASDAQ:ASRT) with a buy rating, calling the stock undervalued. The investment bank said it viewed Assertio, formerly known as DepoMed, as “underrated and overlooked due to its checkered history,” which included opioid liability exposure and debt as high as $800M. ItContinue Reading
Wall Street’s benchmark S&P 500 (SP500) gauge on Wednesday scaled a new intraday all-time high, after fresh economic data supported a scenario where the Federal Reserve would be able to start easing monetary policy. Traders will see a truncated session ahead of the Independence Day holiday, with equity and bondContinue Reading
tadamichi Stock futures remained largely unchanged in premarket action on Wednesday, following the S&P 500’s historic close above 5,500 and the Nasdaq Composite’s first-ever close above 18,000 points. Here are some of Wednesday’s biggest stock movers: Biggest stock gainers After closing higher in the previous session, Class A (NASDAQ:PARAA) andContinue Reading
Justin Sullivan Interactive Brokers (IBKR) said Nvidia’s (NASDAQ:NVDA) stock and options continued to attract investors on its trading platform over the past week, despite the range bound stock price. The AI chipmaker (NVDA) once again topped IBKR’s weekly list of the 25 most-active symbols. The list published Tuesday showed NvidiaContinue Reading
Justin Sullivan/Getty Images News Wolfe Research has a list of stocks it says could be potential winners if Donald Trump were to win his presidential re-election bid and lead a Republican-controlled Congress. The debate between President Joe Biden and former President Trump last week led to a further shift inContinue Reading
Walgreens Boots Alliance (NASDAQ:WBA) shares traded in the red on Tuesday, making it the seventh straight days of losses. The stock closed down 0.09% at $11.57. WBA has fallen 60.3% in the last 12 months and 28% in the last one month. YTD, the stock has trailed compared to theContinue Reading
