The Latest Breaking News from Nasdaq

For many private companies, the goal is clear: to go public. For others, the goal is an acquisition. Either way, private companies offer attractive potential for investors, especially in emerging markets. And the psychedelic space is just that. 

There were more than 30 different companies in the psychedelic space present at the inaugural Benzinga Psychedelics Capital Conference on Tuesday. But, Enveric is one of the only ones that offer investors exposure to both the psychedelic and cannabis space. Enveric Biosciences Inc (NASDAQ:

Wells Fargo analyst Aaron Rakers maintained Seagate Technology Holdings PLC (NASDAQ:STX) with an Equal-Weight and reduced the price target from $110 to $90 (8.1% upside). Rakers maintained Western Digital Corp (NASDAQ:WDC) with an Overweight and decreased the price target from $80 to $70 (45.6% upside). Rakers reduced its estimates on Seagate and Western Digital ahead of their upcoming earnings releases.  Also…

Lululemon Athletica, Inc (NASDAQ: LULU) gapped up over 2% higher to start the trading day on Tuesday and ran an additional 2.4% higher at one point intraday.

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

Unusual Short Activity Insight: Hallador Energy On Monday, shares of Hallador Energy Company (NASDAQ: HNRG) saw unusual short activity. After the short activity, the stock price moved up to $5.43.  At the moment of publication, HNRG is trading down by 6.8% at $5.08

  On Tuesday, 242 companies hit new 52-week lows.

Fulgent Genetics Inc (NASDAQ:HOTH) agreed to acquire Inform Diagnostics, an independent pathology laboratory based in Irving, Texas, and a portfolio company of Avista Capital Partners, for $170 million. The acquisition is expected to close during the second quarter of 2022. Fulgent held a cash balance of $935.5 million as of December 31. With the…

Sypris Solutions Inc (NASDAQ:SYPR) subsidiary has entered a multi-year contract extension with a commercial vehicle original equipment manufacturer (OEM). The terms of the agreement were not disclosed. The company will provide drivetrain components to the OEM manufacturer for use in the production of medium and heavy-duty commercial vehicles. The components produced by Sypris are…

Brazil's Gol Linhas Aereas Inteligentes SA's (NYSE:GOL) logistics business GOLLOG has signed a landmark agreement with MercadoLibre Inc (NASDAQ:MELI) (Mercado Livre), which operates marketplaces for e-commerce and online auctions. The ten-year agreement comprises a dedicated freighter fleet of six Boeing Co (NYSE:BA) 737-800 BCF, slated to commence operations in 2H22. There is also the option of adding six…

MarketAxess Holdings (NASDAQ:MKTX) is set to give its latest quarterly earnings report on Wednesday, 2022-04-20. Here's what investors need to know before the announcement. Analysts estimate that MarketAxess Holdings will report an earnings per share (EPS) of $1.71.