The Latest Breaking News from Nasdaq

By John Vandermosten, CFA NASDAQ:BLRX READ THE FULL BLRX RESEARCH REPORT

Gainers Bright Minds Biosciences Inc. (NASDAQ: DRUG) shares jumped 72.8% to close at $2.16 on Monday as the stock continued to see momentum despite the company last week announcing it is not aware of any developments that would explain the recent surge.

Affirm Holdings, Inc (NASDAQ: AFRM) was sliding over 6% lower on Monday after a sharp decline on Friday caused the stock to plunge almost 10% and print a bearish kicker candlestick.

Two of the most anticipated new television series are launching on streaming platforms in August and September.

As institutions and legacy companies become increasingly involved in the metaverse, it’s prudent to evaluate why this is happening, and what it means for everyone else. Two years ago, any investment from the “traditional” sectors would be unexpected, but now they're all in.

Someone with a lot of money to spend has taken a bearish stance on CrowdStrike Holdings (NASDAQ:CRWD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping more than 300 points on Monday.

The metaverse: you’ve heard of it. That futuristic, decentralized, 3D version of the web that’s supposed to make the internet great again. Or at least that’s the promise.

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.