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AMC Shares Still Overpriced According to Analyst
AMC Entertainment (NYSE: AMC) shares have tumbled in 2022, down 77%, but Wedbush analyst Michael Pachter believes the stock is still overpriced.
Cardano Sets Up More Bearish, Downside Forecasts
Cardano (ADA) has negated the early December bottoming efforts and has now set up a more bearish threat through year-end and for early 2023. Here we look at the downside risks and upside recovery targets that need to be recap
TG Therapeutics’ Briumvi Pricing Remains An Outstanding Issue – Analyst
TG Therapeutics (NASDAQ: TGTX) shares surged Wednesday after the US Food and Drug Administration approved the company's monoclonal antibody to treat patients with relapsing forms of multiple sclerosis.
Tekcapital Shares Rise On Innovative Eyeware Eddie Bauer License
Tekcapital (LON: TEK) opened higher Thursday after it said that Innovative Eyewear (NASDAQ: LUCY) has announced that through an agreement with Authentic Brands Group, it has licensed the outdoor brand Eddie Bauer for smart ey
Allergy Therapeutics Plummets After Delayed Audit Results in Suspension
Allergy Therapeutics (LON: AGY) plummeted almost 50% in early Thursday trading after the company told investors it will not publish its annual report and accounts by December 31, 2022.
Bidstack Shares Edge Lower as Managing Director Petruzzelli Steps Down
Bidstack (LON: BIDS) shares dipped Thursday after the company announced Francesco Petruzzelli has informed them of his decision to resign from his position as Managing Director and from the board.
Baird Still Bullish On Tesla Shares Despite Decline
Tesla (NASDAQ: TSLA) shares remain under fire despite the holiday season, with the stock tumbling again on Tuesday, adding to its significant recent losses.
Polkadot Bearish Extension Forecast
The cryptocurrency Polkadot (DOT) has rejected the November-December basing efforts with the mid-December breakdown and now threatens a further bearish extension through year-end into January 2023.
Rolls-Royce CEO Sees Long Haul Flights Back at Pre-Pandemic Levels By 2024
Warren East, the outgoing Chief Executive of Rolls-Royce (LON: RR.), told the BBC, in his last interview before he departs the company, that he believes long-haul aviation will hit pre-pandemic levels by 2024.
Carvana Has ‘Nowhere to Hide’ Says Analyst
After another 8% decline on Tuesday, Carvana (NYSE: CVNA) shares are down 98% this year, and Wedbush analyst Seth Basham said there is "nowhere to hide" for the online used car retailer.
James Fisher and Sons Shares Rise On Vessel Sale Agreement
James Fisher and Sons plc (LON: FSJ) said Wednesday that it has entered into an agreement to sell the Subtech Swordfish Dive Support Vessel to Seamec Limited for $24 million (approximately £19.8 million).
Applied Graphene Materials Shares Jump On Discussions With ‘Various Parties’
Applied Graphene Materials (LON: AGM) shares jumped in early Wednesday trading after the company provided an update on its strategic review, which it announced on November 23.
Argo Blockchain to Sell Helios Mining Facility for £54m
Argo Blockchain (LON: ARB) (NASDAQ: ARBK) announced Wednesday that it has struck a deal to sell its Helios Bitcoin mining facility in Dickens County, Texas, for £54 million ($65 million) and refinance its asset-backed loans.
NIO Shares Fall After EV Company Cuts Q4 Delivery Guidance
Electric vehicle maker NIO's (NYSE: NIO) share price has declined more than 5% premarket Tuesday after the company cut its fiscal fourth quarter delivery target.
Tesla Shares Slide On Shanghai Production Output Reports
Tesla (NASDAQ: TSLA) shares are down Tuesday on the back of reports that the electric vehicle company's schedule will be reduced at its Shanghai plant in January.
Argo Blockchain Requests 24-Hour Nasdaq Trading Suspension
Struggling Bitcoin mining firm Argo Blockchain (LON: ARB) (NASDAQ: ARBK) announced Tuesday that it has requested a 24-hour suspension of trading for its ADSs and unsecured notes traded on the Nasdaq.
Apple iPhone Supply ‘Continues to Improve Slowly’
Apple (NASDAQ: AAPL) shares have been impacted by supply chain issues for its iPhone 14 model in recent months, but JPMorgan analyst Samik Chatterjee said in a note that the situation is improving.
Carnival Corp Lack of 2023 Guidance Not Surprising, Says Stifel
Carnival (LON: CCL) (NYSE: CCL) shares rose on Wednesday after the company reported its fiscal fourth quarter results, topping earnings expectations but missing revenue estimates.
CarMax Share Price Target Cut After Q3 ‘Well Below’ Consensus
CarMax's (NYSE: KMX) share price target has been cut by analysts at BofA, Baird, and Stephens on Friday, following the company's fiscal third-quarter results released yesterday.
Sam Bankman-Fried Released on $250 Million Bail
Sam Bankman-Fried, known in the crypto world and now renowned globally as SBF, is out on bail, which was set at £250 million. This comes as Gary Wang, the former CTO of FTX, and Caroline Ellison, the previous CEO of Alameda (