JHVEPhoto Humacyte (NASDAQ:HUMA) stock rallied 19% Monday on news that the company has received FDA regenerative medicine advanced therapy, or RMAT, designation for its product candidate Acellular Tissue Engineered Vessel, or ATEV, for the treatment of peripheral artery disease. The biotech company noted it was the third RMAT designation forContinue Reading
nev166/iStock via Getty Images Pitney Bowes (NYSE:PBI) on Monday jumped as much as 12% after the shipping and mailing company increases its cost-savings target to $120 million to $160 million from $60 million to $100 million previously. The company said it already had eliminated about $70 million in costs andContinue Reading
Gauzy (NASDAQ:GAUZ) shares rose 9% in premarket trade after Stifel initiated coverage on the company with a Buy rating and a target price of $18. Stifel expects sales growth of 42% in FY24 and FY25, driven by new program wins across all key segments. “We expect new program ramps acrossContinue Reading
helloabc/iStock Editorial via Getty Images Hollysys Automation (NASDAQ:HOLI) soared 14% in premarket trading after buyer Ascendent Capital Partners disclosed that it received all Chinese approvals for the $1.66 billion deal. Ascendent Capital Partners is working to complete the deal “expeditiously,” the buyer disclosed in a 13D/A filing on Monday. TheContinue Reading
Chalabala/iStock via Getty Images Chewy (NYSE:CHWY) shares jumped over 22% premarket on Monday after influential trader Keith Gill, known online as Roaring Kitty, disclosed a 6.6% stake in the pet food retailer. The stake disclosure comes just days after Gill posted picture of a dog on social media site X.Continue Reading
NUBURU (OTC:BURU) said it will continue its previously announced plan to implement a 1-for-40 reverse stock split of its common stock, and set a new record date for its implementation. The company said it now expects the split to take place on July 10. “We are moving the reverse splitContinue Reading
designer491/iStock via Getty Images Valneva (NASDAQ:VALN) shares jumped 8.4% premarket on Monday after the vaccine company secured marketing authorization in Europe for its chikungunya vaccine, Ixchiq. Ixchiq is the world’s only licensed chikungunya vaccine and has been approved for the prevention of disease caused by the chikungunya virus in individualsContinue Reading
da-kuk Stock futures kicked off Q3 and the second half of 2024 on a bullish note, inching up slightly in pre-market trading on Monday morning. Here are some of Monday’s biggest stock movers: Biggest stock gainers Spirit AeroSystems (NYSE:SPR) shares soared over 8% after Boeing (NYSE:BA) announced it would acquireContinue Reading
U.S. stocks on Friday powered to new intraday highs early in the final trading session of H1 2024, after a core measure of a key inflation gauge logged its lowest Y/Y increase in over three years. Shortly after the opening bell, the benchmark S&P 500 (SP500) notched its 32nd all-timeContinue Reading
Maksim Labkouski/iStock via Getty Images Everbridge (NASDAQ:EVBG) edged higher by 0.8% after a Nasdaq delisting notice for its planned sale to Thomas Bravo. The deal is tentatively scheduled to close prior to the market open on Tuesday, according to the Nasdaq notice on Friday. In anticipation of the closing, theContinue Reading
