Canopy Growth Corporation (NASDAQ: CGC) shares are trading higher on Tuesday. The company announced a share consolidation on a 1-for-10 basis last week.
Stainless steel and carbon steel engineer and manufacturer ZK International Group (NASDAQ: ZKIN) has regained compliance with Nasdaq over a bid price deficiency after the company's closing bid price exceeded $1.00 for 10 consecutive business days.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Tuesday.
The Dow traded up 0.50% to 37,574.66 while the NASDAQ rose 0.50% to 15,068.50. The S&P 500 also rose, gaining, 0.45% to 4,776.17.
Shares of RayzeBio, Inc. (NASDAQ: RYZB) rose sharply during Tuesday’s session after the company announced that it will be acquired by Bristol Myers Squibb for $62.50 per share in cash in a deal worth $4.1 billion.
RayzeBio shares gained 100% to $61.38 on Tuesday.
The U.S. stock market saw modest gains in a session characterized by low trading volumes following the Christmas holiday. The S&P 500 Index gained 0.3% during midday trading in New York, eyeing its all-time highs, which are 1% above the current levels.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Tuesday.
The Dow traded up 0.34% to 37,511.87 while the NASDAQ rose 0.43% to 15,057.13. The S&P 500 also rose, gaining, 0.34% to 4,770.79.