US Stocks Edge Higher; Dow Rises 50 Points
U.S. stocks traded slightly higher this morning, with the Dow Jones adding more than 50 points on Wednesday.
MariMed Appoints Jon Levine As President
MariMed, Inc. (CSE:MRMD), (OTCQX: MRMD) appointed Jon Levine as president.
E-Cigarette Maker To Pay Over $430M To Settle Multi-State Vaping Inquiry, Cannabis Investors Need To Pay Attention
E-cigarette producer Juul Labs agreed to pay $438.5 million to 34 states and territories to sort out a two-year bipartisan investigation into its marketing and sales practices.
Quotient And 2 Other Stocks Under $1 Insiders Are Buying
US crude oil futures traded lower by around 1% on Wednesday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
UP Fintech Registers 11% Revenue Decline In Q2 As Weaker Market Slowed Down Trading, Asset Growth
UP Fintech Holding Ltd (NASDAQ:TIGR) reported a second-quarter FY22 revenue decline of 11.2% year-on-year to $53.5 million. The revenue grew 1.6%…
After Disappointing Data, Imara Offloads It Sickle Cell Candidate, Shares Surge
Imara Inc (NASDAQ:IMRA) has agreed to divest tovinontrine (IMR-687) and all other assets related to its PDE9 program to Cardurion Pharmaceuticals Inc.…
This Small Biotech Company Touts Promising Data For Alzheimer’s Candidate
BioVie Inc (NASDAQ:BIVI) announced topline results from an investigator-Sponsored Phase 2 trial of NE3107 for Alzheimer’s Disease (AD). The company says…
Why Coupa Software Is Trading Higher By Over 12%; Here Are 24 Stocks Moving Premarket
Gainers
Biophytis S.A. (NASDAQ: BPTS) shares rose 41.5% to $1.33 in pre-market trading after the company announced data on Covid treatment.
Making EV Batteries In US Will Be ‘Nicely Profitable’ For Decades To Come, Says Munster: Could These 5 Stocks Gain Big?
Asia is currently the electric vehicle battery-making hub, and all the top manufacturers are based out of the continent. The U.S. could play catch-up, according to Loup Funds’ Gene Munster.