Ainos, Inc. (NASDAQ: AIMD) has submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration for conducting a Phase 2 trial of its drug candidate VELDONA, for treatment of mild symptoms related to COVID-19.
Key Takeaways:
DouYu’s revenues fell by around 22% in the second quarter, but the company broke a six-season losing streak with an adjusted net profit of 23.50 million yuan
Huya’s revenue tumbled 23% in the same period, and it barely eked out an adjusted net profit after slashing costs
By Ken Lo
Mill City Ventures III, Ltd (NASDAQ: MCVT) financed a paid insurance claim of $0.55 million.
What Happened? The related short-term note will likely mature in 120 days, with a payback of $0.62 million, representing an annualized return of 36.36%.
Ross Gerber, the co-founder of Gerber Kawasaki Wealth and Investment Management and a prominent Tesla, Inc. (NASDAQ: TSLA) bull, said Tuesday that he nearly cashed out of another electric vehicle maker — Arcimoto, Inc.
U.S. stocks closed mostly lower with the Dow Jones dropping more than 150 points on Tuesday. Here is the list of some big stocks moving higher in the previous session.
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$12.6 million ($9 million) on Noble Group Limited (OTC: NOBGF) for publishing misleading information in its financial statements, a statement said.