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Immunic (IMUX) Stock Gapped Up 17.6% on Clinical Trial Results

The Immunic Inc (NASDAQ: IMUX) stock price gapped up 17.6% after announcing positive interim data from its Phase 2 CALLIPER trial of nuclear receptor-related 1 (Nurr1) activator vidofludimus calcium (IMU-838) in patients with

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Simon Mugo
ParaZero Technologies Stock Soared 86.2% on Australian Approval

The Parazero Technologies Ltd (NASDAQ: PRZO) stock price soared 86.21% today, adding to Friday’s 79.12% rally driven by the Australian approval of drones that utilise the company’s safety technology. Investors reacted positiv

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Simon Mugo
Rivian Stock Price Extends Losses on Plans for a $1.5Bn Green Bond

The Rivian Automotive Inc (NASDAQ: RIVN) stock price extended its losses today. It was trading down over 2.50% as investors continued reacting to news that the company was planning to issue a $1.5 billion green convertible bo

Rivian truck
Simon Mugo
Tesla Stock Fell Amid Further Price Cuts To Boost Its Q4 Deliveries

The Tesla Inc (NASDQ: TSLA) stock price fell 1.45% after announcing a new series of price cuts on the Model 3 and Y to meet its ambitious goal of delivering 476,000 vehicles in Q4 2023 to meet its annual target of delivering

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Simon Mugo
Birkenstock IPO: Will the IPO Perform Better Than Recent Ones?

The much-awaited Birkenstock IPO is finally here with us as the sandal-maker prepares to list on the New York Stock Exchange (NYSE) next week. The company is expected to sell 32 million shares priced between $44 and $49 apiec

Birkenstock Arizona sandal
Simon Mugo
Newmont (NEM) Shares Edged Higher on Newcrest Regulatory Approvals

The Newmont Corporation (NYSE: NEM) share price edged 0.80% higher after Newcrest Mining announced that it had received all the regulatory approvals required for its acquisition to proceed. Newmont wants to acquire Newcrest M

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Simon Mugo
Meta Stock Price Fell 0.3% Amid Layoffs at Its Metaverse Division

The Meta Platforms Inc (NASDAQ: META) stock price fell 0.30% during premarket trading after news emerged that the tech company would be laying off workers later today, according to an exclusive report by Reuters.

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Simon Mugo
Intel Stock Price Rose 2.47% on Plans To Spin Off Another Unit

The Intel Corporation (NASDAQ: INTC) stock price edged 2.47% higher after announcing plans to operate its programmable chips unit as a standalone entity. The company expects to spin off the unit starting in January 2024 and h

Intel
Simon Mugo
ALX Oncology (ALXO) Stock Soared 108.7% on Phase 2 Trial Data

The ALX Oncology Holdings Inc (NASDAQ: ALXO) stock price soared 108.7% after releasing positive interim Phase 2 ASPEN-06 clinical trial results of Evorpacept for treating advanced HER2-Positive Gastric Cancer.

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Simon Mugo
SDC: SmileDirectClub Stock Price Fell Heavily on Bankruptcy Filing

The SmileDirectClub Inc (NASDAQ: SDC) stock price fell 61.18% yesterday after filing for Chapter 11 bankruptcy protection and securing $20 million in debtor-in-financing funding from its founders to remain afloat as it engage

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Simon Mugo
3 Stocks to Watch in Q4

Q4 is here, and investors are searching for potential outperformers. With the market facing a number of challenges, it's important to select companies that are well-positioned to weather the storm and deliver strong results.

Sam Boughedda
Femasys (FEMY) Stock Extends Gains As Investors Pile Into the Stock

The Femasys Inc (NASDAQ: FEMY) stock price continued rallying higher on Monday following Friday’s 96% rally as investor sentiment towards the company remained decidedly bullish. The persistent demand for FEMY shares can be se

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Simon Mugo
Nike Stock Price Surged 10.3% on Upbeat Q1 Fiscal 2024 Earnings

The Nike Inc (NYSE: NKE) stock price surged 10.3% premarket after releasing the financial results for the first quarter of its 2024 financial year. The company generated revenues worth $12.94 billion, missing analysts’ estima

Nike Products
Simon Mugo
Axcella Health (AXLA) Stock Price Fell 10.6% After Massive Rally

The Axcella Health Inc (NASDAQ: AXLA) stock price fell 10.60% after yesterday’s massive 52.97% rally triggered several trading halts by the Nasdaq Global Market. The rally was triggered by massive investor interest in the com

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Simon Mugo
Travel Demand Remains Robust, and These 2 Stocks Could Benefit

The global travel industry continues to rebound, with demand for flights, hotels, and other travel experiences remaining strong. This is good news for investors in the sector.

best travel stocks
Sam Boughedda
Micron Technology (MU) Stock Fell 6.3% on Q4 and FY ’23 Results

The Micron Technology Inc (NASDAQ: MU) stock price fell 6.26% after announcing its Q4 and FY2023 results that ended on August 31, 2023. The company reported a wider first-quarter loss forecast, but its earnings report had som

micron stock falls following downgrade
Simon Mugo
GameStop (GME) Stock Surged 7.52% As Cohen Is Its New CEO

The GameStop Corp (NYSE: GME) stock price surged 7.52% on news that it had appointed activist investor Ryan Cohen as its new CEO, Chairman and President. Ryan will assume his new roles immediately and will not receive a salar

GameStop
Simon Mugo
Rivian (RIVN) Stock Price Rose 1.62% on an Optimistic Analyst Note

The Rivian Automotive Inc (NASDAQ: RIVN) stock price rose 1.62% on reports that the EV startup was outdoing some of its peers as it accounts for 2.8% of the EV market in the US. The data provided by Experian indicated that Ri

Rivian truck
Simon Mugo
Immunovant (IMVT) Stock Edges Higher After 97% Rally on Trial Results

The Immunovant Inc (NASDAQ: IMVT) stock price was edging higher premarket after yesterday’s massive rally triggered by the release of upbeat clinical trial results from the Phase 1 clinical trial of IMVT-1402, which has been

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Simon Mugo
Roivant Sciences (ROIV) Stock Price Rallied 20.2% on Trial Data

The Roivant Sciences (NASDAQ: ROIV) stock price rallied 20.18% after its subsidiary Immunovant reported upbeat Phase I clinical trial data. The data was related to IMVT-1402, a drug candidate targeted at patients with autoimm

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Simon Mugo
Amazon.com (AMZN) Stock Edged Lower Despite $4bn AI Investment

The Amazon.com, Inc. (NASDAQ: AMZN) stock price edged lower despite the company announcing yesterday that it has committed to investing up to $4 billion in Anthropic, an AI startup, as part of the mad rush by leading tech com

Amazon Web Services
Simon Mugo
Amazon.com (AMZN) Stock Edged 1.65% on Ads in Prime Videos

The Amazon.com, Inc. (NASDAQ: AMZN) stock price rose 1.65% after announcing that it would introduce limited ads to its Prime Video shows and movies. Investors reacted positively to the news as Amazon.com joined its streaming

Amazon delivery
Simon Mugo
SNAP Stock Edges Higher on Reaching 5 Million Snapchat+ Users

The Snap Inc (NYSE: SNAP) stock price edged 1.16% after announcing that its paid subscription service had added 5 million new users, each paying $3.99 monthly. The subscription service known as Snapchat+ offers subscribers ad

how to buy snap in 2023
Simon Mugo