Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

Benchmark Downgrades AeroClean After Share Price Rallies

GE Nasdaq FDA General Electric Co NYSE Nashville TN Vice President

Benchmark analyst Robert Wasserman downgraded AeroClean Technologies Inc (NASDAQ:AERC) to Hold from Buy, without a price target.
The analyst notes that despite a poor overall market outlook, the company's shares have quickly reached and exceeded earlier price targets.
Wasserman downgraded the rating on AERC at this time due to share price and market volatility.
AeroClean hired Jimmy Thompson as Vice President of Strategic Sales last week. Thompson's prior experience includes key sales positions at Cerner Corp (NASDAQ:CERN), General Electric Co's (NYSE:GE) GE Healthcare, SIMS Portex, and Baptist Hospital in Nashville, TN.
The new hire announcement follows closely on the heels of the company's announcement of FDA marketing approval for its Pūrgo air purification device.
Related: Why AeroClean Shares Are Jumping Today
Price Action: AERC shares are trading lower by 17.62% at $14.21 on the last check Tuesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Absent Republican congresswoman living in memory care facility – report

Absent Republican congresswoman living in memory care facility – report

Kay Granger of Texas found to be living at facility, a fact she did not disclose to the public, according to Dallas media

The Guardian - US

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

With sports betting now legal in 38 states, experts worry that gambling addiction is also growing

The Guardian - US

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

Related Stories

Top stories on inkl right now

Absent Republican congresswoman living in memory care facility – report

Absent Republican congresswoman living in memory care facility – report

Kay Granger of Texas found to be living at facility, a fact she did not disclose to the public, according to Dallas media

The Guardian - US

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

With sports betting now legal in 38 states, experts worry that gambling addiction is also growing

The Guardian - US

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

Our Picks

You can bet on anything. Should you?

Here are the risks involved when playing in America's growing casino

SNL’s star-studded cold open called the ‘best in the history of the show’

The sketch featured celebrities who have all hosted the show five times

The Independent UK

“Crowds would get agitated as soon as they heard Slash’s intro riff”: Duff McKagan on the making of a Guns N’ Roses classic

How a song about the “hardscrabble lives” of the fledgling rockers became a timeless rock anthem

'Stranger Things' cast pens emotional notes after final season production wraps

Netflix recently announced that the production of Stranger Things season five has officially wrapped. Read further on Dynamite News:

Mufasa: The Lion King review – technically dazzling Disney origin story lacks soul

Moonlight director Barry Jenkins’s all-action tale boasts uncanny CGI effects and songs by Lin-Manuel Miranda, but the screenplay is schmaltzy and derivative

The Guardian - UK

How to watch or stream Sunday’s Week 16 games of the NFL’s 2024-2025 football season live, online, and free without cable

It’s a holiday feast of football!

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play