Biotechnology
Verastem Inc Shares Rise – New Drug Application Accepted by FDA
Shares of the biopharmaceutical company Verastem Inc. (NASDAQ:VSTM) were on the rise on Monday after the company announced that the United States Food and Drug Administration (FDA) had accepted their New Drug Application (NDA) for ... [Read]
Consumer Packaged Goods
Freshpet Stock: Analysts See Upside – Here’s Why
Freshpet (NASDAQ:FRPT) stock posted solid returns for investors last year and analysts see further upside in FRPT stock this year. FRPT stock rose 64% over the previous twelve months to $18 at present. Analysts, however, think ... [Read]
Retail
Supervalu Activists Seek Asset Sale Despite Increasing Revenues
SuperValu (NYSE:SVU) shares lost 80% of their value in the last three years due to increasing market competition in the grocery stores industry. SVU revenues fell from $17 billion in 2013 to $12 billion in ... [Read]
Tech
Turtle Beach Corporation Shares Up Over 35%
Shares of the San Diego-based gaming headset and audio accessory company, Turtle Beach Corporation (Nasdaq:HEAR) have gone up by over 35% today. The jump in share value comes after the company released its preliminary first-quarter ... [Read]
Healthcare
Shares of Menlo Therapeutics Plummet By 70%
Shares of the biopharmaceutical company Menlo Therapeutics Inc. (Nasdaq:MNLO) have plummeted by nearly 70%. The loss of share value is due to the company releasing the results of their Phase 2 Trial of ‘Serlopitant’ for ... [Read]
Healthcare
EyeGate Pharmaceuticals – Stock Up Nearly 25%
Shares of Massachusetts-based EyeGate Pharmaceuticals (Nasdaq:EYEG) have gone up nearly 25% after the company announced the enrollment confirmation of the Phase 3 Clinical Study of EGP-437 in Anterior Uveitis. The trial is meant “to assess ... [Read]
Application Software
LongFin: Short Selling Caused the Slump, CEO Says
LongFin Corporation (NASDAQ:LFIN) stock price started crashing following the removal of its name from Russell Indexes, amid the failure to meet the minimum 5% free float requirement. The selloff intensified last week after the company ... [Read]
Retail
Conn’s Inc Stock Takes a Tumble After Q4 Results
Shares of the Texas-based home-furnishings and consumer electronics retail store Conn’s (Nasdaq:CONN) have gone tumbling down today after releasing their fourth quarter financial results. >>>Disappointing Fourth Quarter Results for Hudson’s Bay Company The results showed ... [Read]
Pharmaceutical
Conatus Pharmaceuticals Shares Dive After Failed Clinical Trial
Shares of Conatus Pharmaceuticals (Nasdaq:CNAT) have taken a dive, dropping over 30%, after releasing the results from their Phase 2b clinical trial. The POLT-HCV-SVR clinical trial, which studied emiscaran in liver transplant patients with fibrosis ... [Read]
Pharmaceutical
Sonoma Pharmaceuticals FDA Approval – Shares Soar
California-based Sonoma Pharmaceuticals (Nasdaq:SNOA) has received approval from the US Food and Drug Administration (FDA) for their antimicrobial post-therapy gel. Shares of the company soared this morning after the announcement and, currently, the high for ... [Read]