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The sale price is much higher than what was offered in September 2020, when the two sides terminated a proposed sale after not being able to reach an agreement on terms.
Axsome Therapeutics (NASDAQ: AXSM), a newly minted commercial-stage biopharma, is set for a strong session today. Ahead of the opening bell this morning, Axsome released an 8-K filing with the Securities and Exchange Commission revealing that it has received the proposed labeling from the Food and Drug Administration (FDA) for the experimental major depressive disorder drug known as AXS-05. The FDA reportedly sent Axsome this long-awaited regulatory update last Friday.
Novavax (NASDAQ: NVAX) is a pandemic stock. Now it's down to $50, and the company's market cap is under $4 billion. Here are three arguments for buying Novavax stock and one reason for why you might want to avoid these shares.
'Rich Dad Poor Dad' is more bearish than ever.
"One of the reasons the sales funnel for electrolyzers continues to grow is because of the atrocities that are happening in Ukraine," says Plug Power chief executive Marsh.
Horos Asset Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. Since the inception of Horos (May 21, 2018), Horos Value Internacional has returned 22.3%, below the 55.2% gain of its benchmark, while Horos Value Iberia has returned 8.1%, outperforming the 0.5% return of […]
In this article, we will look at 11 best undervalued stocks to buy now. If you want to explore similar stocks, you can also read 5 Best Undervalued Stocks to Buy Now. Value investing has long been an investors’ go-to strategy to come atop the broad market and pocket huge profits for themselves and their […]
In this article, we discuss the 10 stocks that Jim Cramer recommends for recession. If you want to read about some more stocks that Jim Cramer recommends for recession, go directly to Jim Cramer Recommends These 5 Stocks for Recession. Recession fears have steadily been gathering pace at the stock market over the past few […]
Palantir's first-quarter results got a mixed review from investors, but the underlying fundamentals offer some encouragement.
The Federal Reserve recently released the results of its annual stress testing, in which it puts the largest banks in the country through a set of hypothetical severe economic conditions akin to a severe recession. This year, the Fed was not messing around. Between the fourth quarter of 2021 and through the first quarter of 2024, the Fed's hypothetical scenario included unemployment rising above 10%, commercial real estate prices dropping 40%, and stock prices dropping 55%.
A strange thing is happening on Wall Street: After months of falling stock prices and rising pessimism, some respected analysts are predicting that technology stocks have bottomed. Analysts expect it to generate an earnings per share of $3.44 this year and $4.53 next year.
The maker of premium and high-end electric vehicles remains the market leader in electric vehicles but sees a threatening rival.
The White House said on Monday that Russia has defaulted on its international bonds for the first time since the Bolshevik revolution, as sweeping sanctions have effectively cut the country off from the global financial system. Until last week, Russia kept on paying on its Eurobonds in foreign currency as per issue conditions yet its dollar and euro coupon transfers made in May, ahead of a key U.S. waiver allowing for such transactions expired, did not reach investors. "Statements of a default are absolutely unjustified," Kremlin spokesperson Dmitry Peskov told a call with reporters on Monday, pointing to the May forex coupon payment.
We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Bristol-Myers...
Acutus Medical Inc (NASDAQ: AFIB) has launched an expanded suite of left-heart access products, including the AcQCross Qx system for use with the TruSeal and FXD delivery system for the Watchman LAAC Device. AcQCross is a transseptal system engineered with an integrated needle and dilator to reduce the multiple exchanges of wires and needles while trying to achieve the proper angle and location on the septum. Related: Acutus Medical Stock Soars On Debt Refinancing, Divestiture Of Left-Heart Acce
Burry’s not bullish. But he’s beginning to nibble.
Stock splits generate a ton of excitement among investors. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, and Tesla (NASDAQ: TSLA) are on the clock, with Alphabet's 20-for-1 split coming up on July 1 and Tesla's date still to be determined. Tesla will hold its shareholder meeting on August 4th when it is expected a 3-for-1 split will be approved.
Congressional gridlock on Covid-19 funding might lead to vaccine inequity, but it won’t be a bad thing for the manufacturers, which will charge a higher price in the private market.
The Pinal County Board of Supervisors plans to hold a special session to vote on a development and lease agreement with the electric vehicle maker for another major expansion.
The inventor of the GPU is currently valued at close to $400 billion. Let's see if that can more than double by 2025.
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