Lexicon Pharmaceuticals Shares Plunge On Proposed Public Offering
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) shares dropped 18% in the after-hours session on commencing an underwritten public offering to offer and sell…
Sterling Infrastructure Records Solid Demand & Bookings In E-Infrastructure Segment
Sterling Infrastructure, Inc’s (NASDAQ:STRL) E-Infrastructure Solutions segment reported new awards totaling $215 million during 2Q22. Sterling’s E-Infrastructure projects include large-scale site…
Dow Rises 150 Points As Fed Boosts Rates By 0.75 Percentage Points
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 150 points on Wednesday.
Camtek Clocks 18% Revenue Growth In Q2; Sees Continued Growth In 2H Driven By Robust Backlog
Camtek Ltd (NASDAQ:CAMT) reported second-quarter FY22 revenue growth of 18% year-on-year to $79.6 million, slightly missing the consensus of $80 million.…
Nervous About Interest Rate Hikes? These 3 Under-the-Radar, Tax-Advantaged Securities Offer Yield Up to 14%+
For 14 years, the federal funds rate has hovered around zero. The Federal Reserve or “Fed” maintained these low rates to stimulate the economy during two steep market downturns: the 2008 Great Recession and the 2020 COVID-19 pandemic sell-off.
‘Asinine’ Cash Flow: Energy Analyst Revises Forecast On Energy Stocks, Crude Oil Prices – ‘Facts’ Have Changed
Fundamentals will win, and shareholders will benefit from energy companies generating "asinine amounts" of free cash flow, says energy analysts at HFI Research.
HFI is a contrarian investment research firm whose current focus is on the energy and natural gas markets.
Canopy Growth Stock Slides, Analysts Divided
Canopy Growth (NASDAQ: CGC) experienced a severe sell-off, as it currently trades at the very bottom of its 52-week range. It's almost near the bottom on shorter time spans, including the 50-day range. The stock is currently down -74.62%, severely underperforming the S&P 500 with a loss of -18.25%.
This Asset Management Stock Is Trading Higher By More Than 45%, Here Are 54 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Blue Water Vaccines, Inc. (NASDAQ: BWV) shares jumped 67.8% to $3.4390. Blue Water Vaccines recently announced signing of sponsored research agreement with Cincinnati Children's Hospital Medical Center for S&P vaccine platform development.
Short Volatility Alert: Bally’s Corporation
On Tuesday, shares of Bally's Corporation (NYSE: BALY) experienced volatile short activity. After the activity, the stock price went down -3.98% to $21.40.
The overall sentiment for BALY has been Bearish.
Silk Road Medical’s Q2 Margins Hit By Manufacturing Expansion Costs
Silk Road Medical Inc (NASDAQ:SILK) posted Q2 revenue of $33.2 million, an increase of 25% Y/Y, driven primarily by increased…