Biotechnology
Progenics Pharmaceuticals’ Stock Gets an 8% Boost After FDA Approval
Progenics Pharmaceuticals receives FDA approval for the first drug to treat rare and extremely life-threatening cancers in patients 12 and older. This approval has boosted the company’s stock exponentially on today’s market. Progenics Pharmaceuticals Receives FDA ... [Read]
Healthcare
Castlight Health Inc. Shares Plummet 24% after Restructuring Announcement
Shares of healthcare information company Castlight Health Inc. (NYSE:CSLT) plummeted 24% yesterday after it announced a “restructuring program to align its operations with its evolving business needs.” But in detail what this means is that the ... [Read]
Entertainment
AMC Networks Acquires RLJ Entertainment Inc and Stock Flies Today
AMC Networks acquires RLJ Entertainment in what the company is calling a “going-private” merger. AMC Networks Acquires RLJ Entertainment: Merger AMC is acquiring RLJ for around $274 million, and the company will be paying in ... [Read]
Entertainment
Helios and Matheson Opens Down After Falling 70% on Friday
A string of bad luck is upon the Helios and Matheson stock. After plunging last week, closing down more than 70% on Friday, shares are continuing to take a hit this Monday morning. But why? ... [Read]
Oil & Gas
American Midstream Announces 75% Distribution Cut—Some Saw it Coming
If you’re a natural gas investor, take note of what happened with American Midstream Partners today. Even if you’re not a natural gas investor, most investors should know about this. On Friday, July 27th, the ... [Read]
Biotechnology
Tonix Pharmaceuticals Holding Corp Falls Nearly 70% Today
Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) announced this morning that it would be halting its Phase 3 study of its Tonmya drug, which caused its stock price to drop in dramatic fashion. After its twelve-week trial, ... [Read]
Entertainment
Is MoviePass On the Way Out? – Shares Down a Massive 60.95%
MoviePass Shares Down: It was always too good to be true. MoviePass parent Helios and Matheson Analytics Inc. (NASDAQ:HMNY) is currently dealing with a MASSIVE -60.95% stock drop. A “service interruption” occurred yesterday due to ... [Read]
Education
Bridgepoint Education Soars 50% After Q2 Earnings—Why?
Earnings reports can either make you or break you. For Bridgepoint Education, the prior is happening. Ever since the Q2 Bridgepoint Education earnings report came out yesterday, the stock has been seeing nothing but green. ... [Read]
Cannabis
OrganiGram Holdings Inc. Eyeing Cash-Flow Positive
OrganiGram Holdings Inc (TSXV:OGI) announced that they expect to be cash-flow positive once Canadian adult recreational marijuana is officially legalized. Organigram Holdings is a leading Canadian producer of medical marijuana that is based in New Brunswick. The ... [Read]
Consumer Packaged Goods
The Company Behind Candy Hearts Shuts Down Abruptly
Necco: Be mine. You’re Swell. Fancy you. Who doesn’t remember (and love) Sweethearts candy? Unfortunately, the future of Sweethearts in up in the air after the confectionary’s creator NECCO closed it’s factory rather abruptly this ... [Read]