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Stock Market Live 20/10 – ALRN Stock Surges 37%

Updated: 20 Oct 2020

latest updates

Latest 21:08
US Indexes Close Green

DOW          +0.40%

S&P 500    +0.47%

NASDAQ   +0.33%

Today 21:00
Aleron Therapeutics

$ALRN

Aleron Therapeutics stock closed 36.45% higher at $2.37 after the company announced it will be hosting a conference call and live webcast to discuss results from a Phase 1b proof of concept study of ALRN-6924.

Today 20:06
Netflix to Report Earnings

$NFLX

Just a reminder that Netflix is to report its earnings after-hours. The report is expected to be released at around 9 pm.

Analysts are forecasting an EPS of around $2.13 for Q3 2020.

Today 16:58
Google

The US Department of Justice is to file an anti-trust lawsuit against Google today saying that the company has maintained a monopoly by using anti-competitive practices.

Today 16:35
A Mixed Bag For European Equities...

FTSE 100    +0.07%

DAX              -0.92%

STOXX 50   -0.24%

IBEX 35       +0.97%

CAC 40         -0.27%

Today 16:13
Gneral Motors

$GM

General Motors has announced that it is investing more than $2.2 billion in its US manufacturing operations to increase the production of electric vehicles.

Today 14:57
Logitech

Logitech (SIX: LOGN) share price rose more than 20% on Tuesday after the producer of computer equipment said its sales rose by 75% in the second quarter.

FULL STORY

Logitech share price exploded on strong 2Q results October 2020

Today 14:36
US Equities Start Higher

DOW           +0.47%

S&P 500     +0.42%

NASDAQ    +0.30%

Today 11:07
UK Stock Movers

Gainers:

Panthera Resources +67.44%

Valeura Energy +19.23%

Panther Metals +18.18%

Losers:

APQ Global -37.14%

AIQ Limited -17.50%

Mkango Resources -16.50%

Today 09:11
Luceco Plc

Luceco (LON: LUCE) shares are up 10% at 241p after the company released a Q3 trading update stating that performance and current trading are ahead of previous expectations and that the company has now increased its full-year guidance.

Its Q3 revenue is up 7.5% with online demand better than expected. Luceco now expects its full-year revenue growth to equal last year’s at £172.1 million with the ground lost during the coronavirus lockdown now fully recovered.

Today 9:00
European Indexes Trading Mostly Higher

FTSE 100   +0.09%

DAX            -0.35%

STOXX 50 +0.15%

IBEX 35     +0.32%

CAC 40       +0.37%

Today 07:50
Preview

Good morning…

-Asian indices traded mixed overnight

-According to reports, Pelosi and Mnuchin are narrowing the gap on stimulus talks and there will be more talks today

-Ireland will impose a new national lockdown to combat the coronavirus outbreak

-Kodak’s CEO said the company will move forward on its generic drug ingredients venture, with or without a Federal loan

-Aptinyx shares surged 85% after-hours after reporting positive statistically significant top-line data from its Phase 2 study of NYX-783 in patients with PTSD

-In FX markets the US dollar has pushed slightly higher against most other major currencies in the past hour

-On today’s calendar we have US building and housing data along with speakers from the BoE, Bundesbank and Fed

-The earnings calendar includes names such as Netflix, Snap Inc, P&G, Interactive Brokers, Navient, and iRobot

 

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