Enviva Inc. (NYSE:EVA) ("Enviva" or the "Company") today announced that on April 2, 2024, the Company received notice from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01E of the
Shares of Sony Group Corporation (NYSE: SONY) fell during Wednesday’s session after the company reported third-quarter financial results and revised guidance above estimates and shared plans to list its financial arm in October 2025.
Enviva faces bankruptcy after significant losses from misguided commodity speculation. Share value plunged by 99% in the last year. Bondholders' grace period expires Thursday, with a potential lifeline from a faction proposing financing for Chapter 11.
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining over 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.20% to 38,350.89 while the NASDAQ rose 0.74% to 15,772.10. The S&P 500 also rose, gaining, 0.55% to 4,980.23.
Shares of Panbela Therapeutics, Inc. (NASDAQ: PBLA) fell sharply during Monday’s session after the company announced pricing of a roughly $9 million public offering.
Panbela Therapeutics shares dipped 65.5% to $1.47 on Monday.
Shares of Humana Inc. (NYSE: HUM) fell sharply during Thursday’s session after the company reported fourth-quarter FY23 earnings and issued 2024 guidance.