Category: Latest News
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Vital Farms Shares Slide After Company Trims 2025 Revenue Forecast
Shares of Vital Farms Inc. (NASDAQ:VITL) fell 8.1% in pre-market trading on Tuesday after the ethical food producer cut its revenue outlook for fiscal 2025, citing temporary disruptions linked to the rollout of a new ERP system. The company now expects 2025 net revenue to range between $755 million and $765 million, reflecting short-term disruptions…
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Cementos Pacasmayo Shares Surge on Holcim Deal for Controlling Interest
Shares of Cementos Pacasmayo SAA ADR (NYSE:CPAC) jumped nearly 29% in pre-market trading on Tuesday after the Peruvian cement producer revealed that Holcim has agreed to acquire a majority stake in the company. Under the agreement, the Swiss cement group will purchase Inversiones Aspi S.A., the holding company that owns 50.01% of Cementos Pacasmayo. The…
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Dragonfly Energy Shares Slide After Reverse Stock Split Plan Revealed
Shares of Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) sank nearly 44% in pre-market trading on Tuesday after the battery technology company announced it will carry out a 1-for-10 reverse stock split in order to remain compliant with Nasdaq listing requirements. The reverse split is scheduled to take effect on December 18, 2025, and will reduce the…
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Autozi Shares Rally After $980 Million Procurement MOU Announcement
Shares of Autozi Internet Technology (NASDAQ:AZI) surged 39% in pre-market trading on Tuesday after the company revealed it had entered into a Memorandum of Understanding covering potential procurement arrangements valued at roughly $980 million. The non-binding MOU sets out plans for several buyers to leverage Autozi’s digital automotive e-commerce platform for centralized purchasing of complete…
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Adagene Shares Jump After FDA Awards Fast Track Status to Cancer Treatment
Shares of Adagene Inc. (NASDAQ:ADAG) jumped more than 16% in pre-market trading on Tuesday after the biotech company said the U.S. Food and Drug Administration has granted Fast Track Designation to its cancer therapy muzastotug when used in combination with Merck’s KEYTRUDA. The Fast Track designation covers the treatment of adult patients with microsatellite stable…
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Humana Shares Slide Following Announcement of Insurance Leadership Changes
Shares of Humana Inc. (NYSE:HUM) dropped around 4% in pre-market trading on Tuesday after the healthcare insurer disclosed an upcoming leadership transition within its insurance division, even as it reiterated its full-year earnings outlook. The Louisville-based company said George Renaudin, President of the Insurance Segment, plans to retire by the third quarter of 2026 after…
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Monte Rosa Shares Gain on Encouraging Prostate Cancer Trial Update
Shares of Monte Rosa Therapeutics (NASDAQ:GLUE) climbed about 3.5% after the company released encouraging interim results from its Phase 1/2 clinical trial evaluating MRT-2359 alongside enzalutamide in patients with metastatic castration-resistant prostate cancer (mCRPC). The clinical-stage biotech said patients with androgen receptor (AR) mutations achieved a 100% PSA response rate and a 100% disease control…
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U.S. Job Growth Beats Forecasts in November as October Retail Spending Stalls
U.S. employment expanded more than economists anticipated in November, according to data released Tuesday by the Labor Department, pointing to resilience in the labor market despite recent volatility. Nonfarm payrolls rose by 64,000 last month, rebounding from a sharp decline of 105,000 jobs in October. The result exceeded expectations for an increase of around 50,000…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Markets Seen Treading Water After Mixed Employment Signals
U.S. stock index futures pointed to a largely flat start on Tuesday, suggesting Wall Street could struggle to find clear direction after closing the previous session slightly lower following volatile trading. Investors appear cautious as they assess a mixed set of U.S. labor market figures, making it difficult to draw firm conclusions about the strength…
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Wall Street Banks Wary as U.S. Markets Move Toward 24-Hour Stock Trading
U.S. equity markets are edging closer to round-the-clock trading, but enthusiasm across Wall Street is mixed, with several major banks taking a cautious stance toward the shift. While exchanges are moving ahead with plans for nearly continuous weekday trading as early as late next year, some of the largest U.S. banks remain hesitant to fully…