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Jazz Pharmaceuticals To Acquire GW Pharmaceuticals in $7.2bn Deal
Jazz Pharmaceuticals plc (NASDAQ: JAZZ) said on Wednesday it will buy GW Pharmaceuticals (NASDAQ: GWPH) in a cash and stock deal worth $7.2 billion. The deal will see Jazz expand its neuroscience business and add cannabis-based epilepsy treatment
STV Group Shares Jump As January Delivers A Record-Breaking Start
STV Group (LON: STVG) said on Wednesday that it's STV player free streaming service kicked off 2021 with a record-breaking performance. The group said total streams were up 115% with online viewing up 100% compared with January 2020. This has been
Zoetic (ZOE) Shares Plunge 15.7% Extending Last Week’s Losses, Will Support Hold?
Shares of CBD company Zoetic International PLC (LON: ZOE) fell 15.7% today extending the downtrend that begun last week after the company released disappointing half-year results on January 28. Investors were disappointed to learn that the CBD pro
4D Pharma Shares Rally 9.1% on Positive Late-Stage Cancer Part B Trial Results
Shares of 4d Pharma PLC (LON: DDDD) rallied 9.1% after the live biotherapeutics company announced positive progress in the ongoing Phase I/II clinical trial of MRx0518 in combination with Merck’s Keytruda® on patients with advanced malignancies. T
Cassava Sciences Stock Jumps As Simufilam Shown To Improve Cognition and Behaviour in Alzheimer’s
Cassava Sciences (NASDAQ: SAVA) shares have rocketed in Tuesday trading after it said interim analysis from an open-label study of simufilam, its lead drug candidate for treating Alzheimer’s disease, showed an improvement in patients’ cognition and b
Immunovant Pauses Dosing in Thyroid Eye Disease Trial – Shares Plunge
Immunovant (NASDAQ: IMVT) shares are plummeting on Tuesday after the clinical-stage biopharmaceutical company announced a voluntary pause of dosing in its ongoing clinical trials for IMVT-1401. The company revealed it became aware of a physiologic
Mogo Reports A 323% Increase in Bitcoin January Transaction Volume
Digital payments and financial technology firm Mogo Inc (NASDAQ: MOGO) reported an enormous 323 per cent increase in its bitcoin transaction volume in January compared to December. The company said it saw strong month-over-month growth in several
NIO Shares Rise As January Deliveries Hit A New Record
Shares of electric vehicle manufacturer, NIO Inc (NYSE: NIO) are climbing premarket on Monday after the company reported its January deliveries hit a new monthly record.
Catabasis Shares Surge After Quellis Biosciences Acquisition
Shares of Catabasis Pharmaceuticals (NASDAQ: CATB) are surging on Friday premarket after the company announced it has acquired Quellis Biosciences Inc, in a stock for stock transaction. The company revealed it has also entered into an agreement to
Here’s Why Robinhood Restricted Access To GameStop Shares…
Like a mountain of other retailers, the COVID-19 pandemic had a significant impact on GameStop. The brick and mortar firm plans to close 450 stores this year, and its earnings decreased 13.21%, resulting in an $84.10 million loss during Q3 2020. B
Kandi Technologies Signs Contract To Sell 3,000 Electric-Vehicles
On Thursday, Kandi Technologies Group (NASDAQ: KNDI) announced that one of its subsidiaries, Kandi Electric Vehicles, signed a contract to sell 3,000 Model K23 electric cars operating company in its ride-sharing alliance. The vehicles will be depl
AFC Energy Provides Hydrogen Fuel Cells For Extreme E – Shares Rise
Shares of AFC Energy (LON: AFC) are edging higher on Thursday after the company unveiled it's new zero-emission power generator to be featured in the inaugural Extreme E electric SUV racing series that begins in April 2021. Extreme E’s new all-ele
Naked Brand (NKD) Shares Continue To Rally Following $50m Registered Direct Offering
Shares of Naked Brand Group Ltd (NASDAQ: NAKD) are sharply higher on Thursday after the company announced it has entered into securities purchase agreements with institutional investors for the issuance and sale of 29.41 million ordinary shares for $
Urban One Shares Rally Over 30%, Here’s Why
Media company Urban One (NASDAQ: UONE) shares are rallying on Wednesday after the company said that it is launching it's first national “personality-driven” podcast alongside Reach Media, named the “Undressing Room,” presented by Macy's. The US-ba
Carnival PLC Shares Plunge as Investors Adjust to the Latest Cruise Cancellations
Shares of cruise ship operator Carnival plc (LON: CCL) today fell 5.79% as investors factored in the latest wave of cancellations issued Friday affecting cruises departing from various major ports across the globe due to the coronavirus lockdown meas
AMC Entertainment Shares Rally After Raising $917m in Financing
AMC Entertainment Holdings Inc (NYSE: AMC) said on Monday that since December 14, 2020, it has successfully raised or signed commitment letters to receive $917 million of new equity and debt capital, meaning it will avoid bankruptcy. Of the $917 m
TS Acquisitions Shares Soar On Latch Inc SPAC Merger
TS Innovation Acquisitions Corp's (NASDAQ: TSIA) shares are surging on Monday after it was revealed that Latch Inc plans to go public via a blank check merger with the company. TS Innovation Acquisitions, backed by property developer Tishman Speye
Savannah Energy Share Price Surges After Revenue Outperforms
Savannah Energy’s (LON: SAVE) share price spiked 13.21% higher Monday morning after releasing its full-year trading update. The African focused British independent energy company develops high-quality energy projects in Nigeria and Niger. The c
Amigo Loans (AMGO) Shares Crash 15.6% on New Compensation Scheme Plan
Shares of UK guarantor lender Amigo Holdings PLC (LON: AMGO) crashed 15.6% after announcing a new scheme to address the thousands of claims the company faces from aggrieved customers and compensating qualifying claims. The scheme is known as LL Sc
IBM Shares Fall As Revenue Fails To Meet Expectations
IBM (NYSE: IBM) shares are plummeting on Friday following the company's Q4 earnings report that showed it's revenue fell 6.5%, a larger than anticipated drop. IBM’s stock price fell as low as $117.37 per share after the open and is currently down