Tesla Manufactured 4,000 Model Ys In One Week, UBS Prepping For Massive Layoffs, McDonald’s Temporary Shuttering Of US Offices: Today’s Top Stories
Bloomberg
UBS Prepping For Massive Layoffs Amid Credit Suisse Takeover
Boxed Files For Bankruptcy, To Divest Software Business
Boxed Inc (NYSE: BOXD) has filed for Chapter 11 bankruptcy and is looking to divest its software business.
The e-commerce grocery platform also decided to wind down its retail e-commerce operations over the next several weeks.
Penny Drops: How Popular Tech, Meme, EV & Pot Stocks Went From Pricey To Pocket Change In 4 Charts
The stock market had a challenging 2022 due to macro and geopolitical headwinds, with high-profile names suffering losses. The S&P 500 lost about 20%, and the Nasdaq Composite dropped around 33%.
Why Bed Bath & Beyond Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday’s Mid-Day Session
Gainers
SCYNEXIS, Inc. (NASDAQ: SCYX) shares climbed 68% to $2.8184 after the company announced an exclusive license agreement with GSK for Brexafemme, in which the company will receive an upfront payment of $90 million.
Why Safe & Green Holdings Shares Are Trading Higher By 30%; Here Are 20 Stocks Moving Premarket
Gainers
Boxed, Inc. (NYSE: BOXD) gained 43.3% to $0.2303 in pre-market trading after declining 6% on Wednesday. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives.
Why Jounce Therapeutics Shares Are Trading Higher By 23%? Here Are Other Stocks Moving In Monday’s Mid-Day Session
Gainers
Crown ElectroKinetics Corp. (NASDAQ: CRKN) shares jumped 59.6% to $0.2513. Crown Electrokinetics said it has entered into an agreement with a leading infrastructure solutions provider.
Why Motorsport Games Shares Are Trading Lower By Over 10%; Here Are 20 Stocks Moving Premarket
Gainers
Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP) shares rose 38.5% to $2.05 in pre-market trading after gaining 8% on Friday.
Why Scholastic Shares Are Trading Lower By 23%? Here Are Other Stocks Moving In Friday’s Mid-Day Session
Gainers
Near Intelligence Inc. (NASDAQ: NIR) shares climbed 53.1% to $16.50.
Why Heron Therapeutics Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket
Gainers
Bird Global, Inc. (NYSE: BRDS) shares rose 58.7% to $0.2250 in pre-market trading after gaining more than 17% on Thursday. Bird announced plans to expand across Greater Toronto area this spring.