What’s Going On With Neurological Disease Focused Trevena On Thursday?
Trevena shares dropped 33.7% to $0.23 with a session volume of 23.65 million. Notably, TRV045 did not cause S1P1R desensitization or protein reduction, unlike fingolimod.
Why Is Jazz Pharmaceuticals Stock Trading Lower On Thursday?
Jazz Pharmaceuticals announced Phase 2b trial results for suvecaltamide (JZP385) in essential tremor patients, revealing no significant improvements over placebo.
Plug Power Achieves Certification for One MW Stationary System, Targets Green Hydrogen Expansion
Plug Power achieves certification for its 1 MW stationary system, marking a milestone for green hydrogen expansion amid strategic business priorities and equipment sales focus.
Why LongHorn Steakhouse Owner Darden Restaurants Shares Are Surging Today
Darden Restaurants reported Q4 results, and increased its dividend. The company also expects same-restaurant sales growth of 1.0% to 2.0% and new restaurant openings of 45 to 50.
Why Is Gilead Sciences Stock Trading Higher On Thursday?
Gilead Sciences announced its Phase 3 PURPOSE 1 trial results showing 100% efficacy of twice-yearly injectable lenacapavir in preventing HIV-1 in cisgender women. The trial met key efficacy endpoints, demonstrating superiority over daily Truvada and background HIV incidence.
BP Doubles Down On Biofuels: Buys Out Bunge Bioenergia for $1.4B
BP to acquire Bunge's 50% stake in joint venture for $1.4 billion, consolidating financial results and supporting growth in bioenergy.
PayPal Taps Walmart’s Srini Venkatesan as New CTO
PayPal appoints Srini Venkatesan of Walmart as new CTO, effective June 24. He will oversee technology development and implementation across the ecosystem.
Why Commercial Metals Shares Are Surging Today
Commercial Metals reported third-quarter results with net sales of $2.078 billion. Europe Steel Group saw improved performance. Available liquidity at $1.5 billion. Quarterly dividend of $0.18 announced. Expecting consistent results in Q4.
What’s Going On With Micron Technology Stock Thursday?
Environmental hurdles delay Micron's plan to build semiconductor fabs in NY, pushing groundbreaking to 2025.
Nvidia Analyst Says The AI Party Isn’t Over: ‘Any Volatility Likely To Be Short-Lived’
Bank of America's analyst Vivek Arya maintains positive outlook on Nvidia despite recent surge, citing strong fundamentals, attractive valuations.