Dow Drops Over 100 Points; Coca-Cola Tops Q2 Views
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday.
SomaLogic Acquires DNA Nanotechnology Provider For $35M
SomaLogic Inc (NASDAQ:SLGC) has agreed to acquire Palamedrix Inc for $14 million in cash and $21 million in SomaLogic common stock. Up…
Joe Caltabiano’s Cannabis SPAC Shuts Down, Gives Back Money
Former Cresco Labs (OTC: CRLBF) executive Joseph Caltabiano is closing his special purpose acquisition company (SPAC) Choice Consolidation Corp. (NEO:CDXX.UN.U) (OTCQX:
Amazon.com To $170? Plus This Analyst Lowers Price Target On Meta Platforms
Credit Suisse cut the price target for Amazon.com, Inc. (NASDAQ: AMZN) from $185 to $170. However, Credit Suisse analyst Stephen Ju maintained the stock with an Outperform rating. Amazon shares fell 4.1% to $116.17 in pre-market trading.
This Analyst Cuts Price Target On Ford, General Motors; Also Check Out Some Other Major PT Changes
JP Morgan cut the price target on Ford Motor Company (NYSE: F) from $21 to $19. However, JP Morgan analyst Ryan Brinkman maintained Ford with an Overweight. Ford shares fell 0.6% to $12.77 in pre-market trading.
Ayr Wellness Opens 49th Cannabis Dispensary In Clearwater, Florida
Ayr Wellness Inc. (OTCQX: AYRWF) (CSE:AYR.A), a leading vertically integrated U.S. multi-state cannabis operator, opened its 49th Florida dispensary, located in Clearwater, a city northwest of Tampa Bay and St. Petersburg.
Petmed Express Shares Plunge On Q1 Earnings Miss
Petmed Express Inc (NASDAQ:PETS) reported a first-quarter FY22 sales decline of 11.5% year-on-year, to $70.20 million, missing the analyst consensus estimate…
Why Walmart is Trading Higher By More Than 9%: Here Are 25 Stocks Moving Premarket
Gainers
Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA) rose 64.4% to $1.43 in pre-market trading. Ayala Pharmaceuticals filed request for withdrawal of registration statement on form S-1.
Why Energy Stocks Traded Higher; Here Are 61 Biggest Movers From Yesterday
Gainers
GeoVax Labs, Inc. (NASDAQ: GOVX) jumped 150.4% to close at $1.59 on Monday after declining 8% on Friday.