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The Latest Breaking News from Nasdaq

What 5 Analyst Ratings Have To Say About Ionis Pharmaceuticals

Within the last quarter, Ionis Pharmaceuticals (NASDAQ:IONS) has observed the following analyst ratings:

Benzinga

Why Upstart Shares Are Falling During Monday's After-Hours Session

Upstart Holdings Inc (NASDAQ: UPST) shares were trading lower by 41.77% to $44.91 during Monday's after-hours session after the company announced first quarter results and gave second quarter and FY22 sales guidance below analyst estimates.

Benzinga

MercadoLibre Whale Trades For May 09

Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ:MELI). 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.

Benzinga

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Why Plug Power Stock Is Sliding After Hours

Plug Power Inc (NASDAQ: PLUG) shares are trading lower in Monday's after-hours session after the company reported first-quarter financial results.

Benzinga

EXCLUSIVE: Cannabis TV Channel 'Cannected' Launches On XBOX, Samsung, LG, Sony, Panasonic, Philips, Sharp, TCL Smart TVs

Cannected TV, a cannabis streaming channel, is expanding beyond its current distribution via Roku Inc (NASDAQ: ROKU), Apple (NASDAQ: AAPL) TV and iOS, Android TV and

Benzinga

Markets Sell Off Following Last Week's Federal Reserve Decision

U.S. indices fell sharply again Monday as stocks continued to sell off following last week’s Fed rate hike decision. A gain in Treasury yields has also weighed on technology and growth stocks.

Benzinga

Why Novavax Shares Are Falling After Hours

Novavax Inc (NASDAQ: NVAX) shares are trading lower in Monday's after-hours session after the company reported worse-than-expected financial results.

Benzinga

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Elys Inks Deals To Place Virtual Sports Products In ~5,000 Retail Locations In Italy

Elys Game Technology Corp (NASDAQ:ELYS) has entered into retail distribution agreements to deploy its Virtual Generation Limited (VG) virtual sports wagering and amusement products throughout Italy. The agreement is expected to place VG products in approximately 5,000 retail locations operated by both the company's Multigioco subsidiary and other licensed operators. The move would…

Benzinga

How Novavax Stock Looks Headed Into Q1 Earnings

Novavax, Inc. (NASDAQ: NVAX) is set to print its first-quarter financial results after the market close on Thursday. The stock was trading more than 6% lower, at one point, heading into the event.

Benzinga

Why Ark Innovation ETF Hit 52-Week Lows Today

ARK Innovation ETF (ARCA:ARKK) is making new 52-week lows on Monday, led by sharp declines in the top holdings of Ark's flagship fund.

Benzinga

RBC Expects Business Development To Unlock This Pharma Stock's Balance Sheet Value

RBC Capital Markets views Galapagos' NV (NASDAQ: GLPG) Q1 Jyseleca revenues in line as the story focuses on whether new leadership can unlock value from GLPG's ample balance sheet.

Benzinga

KeyBanc Remains Upbeat On Auto-Based Companies Like Microchip, Indie; Shares View On Semiconductor Stocks

KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ:CRUS), Lattice Semiconductor Corporation (NASDAQ:LSCC), Monolithic Power Systems, Inc (NASDAQ: MPWR), NXP Semiconductors N.V. (NASDAQ:NXPI), ON Semiconductor Corporation (NASDAQ: ON), Qorvo, Inc (NASDAQ: QRVO), Skyworks Solutions, Inc (NASDAQ: SWKS), Synaptics Inc (NASDAQ:SYNA)) and reported positive results but mixed guidance. The broad-based analog (LSCC, MPWR, NXPI, ON) reported robust results/guidance, and China smartphone-exposed companies…

Benzinga

Why Netflix Shares Are Falling

Netflix Inc (NASDAQ: NFLX) shares are trading lower amid overall market weakness as stocks continue to sell off following last week’s Fed rate hike decision.

Benzinga

Why FuelCell Energy Shares Are Diving

FuelCell Energy Inc (NASDAQ: FCEL) shares are trading lower amid overall market weakness as stocks continue to sell off following last week’s Fed rate hike decision. A gain in treasury yields has weighed on growth stocks, which has pressured tech and clean energy names.

Benzinga

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news in one place.

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Benzinga

Why Plug Power Shares Are Getting Hammered Today

Plug Power Inc (NASDAQ: PLUG) shares are trading lower amid overall market weakness as stocks continue to sell off following last week’s Fed rate hike decision.

Benzinga

Farmmi Bags Multi-Product Order For Israel Export

Farmmi Inc (NASDAQ:FAMI) has bagged a new multi-product order for its popular dried Shiitake mushrooms and dried black fungus. The order is for export to Israel. The financial terms were not disclosed. “Investments to expand our capacity and enhance our manufacturing, storage and logistics give us the ability to leverage our infrastructure to support overall…

Benzinga

Can A Huge Kentucky Derby Upset Bring Viewers, Fans Back To Horse Racing After Year Of Scandal?

One of the biggest upset stories in sports happened over the weekend, and it wasn’t from one of the four major North American sports. Here’s a publicly traded company that could stand to benefit.

Benzinga

Mid-Afternoon Market Update: Crude Oil Down 6%; Palantir Technologies Shares Slide

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 400 points on Monday.

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Benzinga

What's Going On With Ballard Power Systems Shares Today

Ballard Power Systems Inc (NASDAQ:BLDP) (TSX:BLDP) reported first-quarter revenue of $21 million, an increase of 19% year-over-year, driven by growth in Power Product sales, more than offsetting the decline in Technology Solutions revenue. EPS loss widened to $(0.14) compared to $(0.06) in 1Q21. The gross loss was $(0.2) million, compared to a $2.6…

The Guardian - UK

Elon Musk may try to reprice $44bn Twitter bid, says US short-seller

‘Significant chance’ of lowered offer owing to slump in tech stocks and social media firm’s weak performance

Benzinga

Sabre Unlocks New Opportunities For Hoteliers - Read How

Sabre Corp (NASDAQ:SABR) has agreed to acquire Nuvola, a provider of hotel service optimization and guest engagement software to hoteliers, for an undisclosed sum. The transaction includes Nuvola technology and guest enablement software and the integration of Nuvola employees to Sabre. Nuvola equips hotels with cloud-based solutions, including task management capabilities, guest messaging…

Benzinga

Why This Analyst Thinks Tabula Rasa's Divestiture Plans 'An Important Step'

RBC Capital Markets believe that the market has been assigning little-to-no value to Tabula Rasa HealthCare Inc's (NASDAQ: TRHC) MedWise, which has been burning cash and clouding, a strong core PACE business.

Benzinga

Analysts Expect Clarity Imminent On Intercept's NASH Story

RBC Capital Markets writes that following the Advanz deal, Intercept Pharmaceuticals Inc (NASDAQ:ICPT) should be well-capitalized into make-or-break upcoming readouts for obeticholic acid (OCA) in NASH, with REGENERATE re-analyses on deck, REVERSE reading in the next quarter. The analysts say it remains challenging to get visibility on how the efficacy/safety analyses will look,…

Benzinga

Why Illumina Shares Are Plunging Today?

A jury in the U.S. District Court for the District of Delaware rendered a verdict that Illumina Inc (NASDAQ:ILMN) willfully infringed the U.S. Patent Nos. 9,222,132 and 10,662,473 owned by Complete Genomics Inc. The jury awarded approximately $334 million to CGI in past damages. The jury also invalidated three patents owned by Illumina, namely, U.S.…

Benzinga

Why Hemisphere Media Shares Are Soaring Today

Gato Investments LP agreed to acquire Hemisphere Media Group, Inc (NASDAQ:HMTV) at $7 per share. The offer price implies a premium of 86% over Hemisphere's closing share price on May 6, the last trading day before the announcement. Hemisphere will become a private company wholly owned by Gato. Hemisphere CEO Alan Sokol said,…

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