Category: Latest News
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Soligenix Shares Jump on Encouraging Data for Behçet’s Disease Therapy
Soligenix Inc (NASDAQ:SNGX) shares rose 5.2% on Thursday after the company released positive findings from a Phase 2a clinical study evaluating SGX945 for the treatment of oral ulcers associated with Behçet’s Disease. The biopharmaceutical company reported that seven of the eight patients enrolled in the study experienced meaningful clinical benefits during the four-week treatment phase.…
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ON Semiconductor Shares Rise After GaN Partnership With GlobalFoundries
ON Semiconductor Corporation (NASDAQ:ON) shares advanced about 3% on Thursday after the company unveiled a strategic collaboration with GlobalFoundries (NYSE:GFS) to jointly develop and produce next-generation gallium nitride (GaN) power semiconductor devices. The agreement will initially center on 650-volt GaN solutions, combining GlobalFoundries’ 200mm enhancement-mode GaN-on-silicon manufacturing process with ON Semiconductor’s expertise in silicon-based drivers,…
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Abivax Shares Gain After 22 Scientific Abstracts Accepted for ECCO 2026
Abivax SA ADR (NASDAQ:ABVX) shares rose 2.6% in premarket trading on Thursday after the clinical-stage biotechnology company announced that 22 scientific abstracts have been accepted for presentation at the European Crohn’s and Colitis Organization’s (ECCO) 21st Annual Congress, scheduled for February 2026. The accepted presentations will highlight new and existing data on obefazimod, Abivax’s investigational…
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Ryvyl Shares Sink After Investors Back Reverse Stock Split Plan
Ryvyl Inc (NASDAQ:RVYL) shares plunged nearly 30% in premarket trading on Thursday after shareholders voted to approve a reverse stock split, a move aimed at helping the company retain its Nasdaq listing. At the company’s annual meeting held on December 15, investors authorized a reverse split in a range between 1-for-20 and 1-for-50. Shareholders also…
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Cintas Lifts Full-Year Guidance After Beating Q2 Estimates on Margins and Growth
Cintas Corp (NASDAQ:CTAS) posted better-than-expected second-quarter results and raised its outlook for the full fiscal year, supported by solid organic growth, expanding margins and strong cash generation. The update pushed the company’s shares up around 3% in premarket trading. For the quarter ended November 30, the uniform rental and business services group reported diluted earnings…
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Integer Shares Climb After Activist Investor Reportedly Takes Stake and Pushes Strategic Review
Shares of Integer Holdings Corp (NYSE:ITGR) rose 3.4% in premarket trading on Thursday following reports that activist investor Irenic Capital Management has built a stake of more than 3% in the medical-device outsourcing specialist and is pressing for changes, including a potential sale of the company. According to The Wall Street Journal, Irenic—now among Integer’s…
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CarMax Shares Fall After Company Signals Margin Pressure and Higher Marketing Costs
CarMax Inc (NYSE:KMX) shares dropped more than 4% in premarket trading on Thursday after the used-car retailer warned of lower retail margins and increased marketing spending in the current quarter, even as its third-quarter results came in ahead of expectations. For the third quarter of fiscal 2026, CarMax reported earnings of $0.43 per share, beating…
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Darden Shares Advance After Restaurant Group Delivers Revenue Beat
Darden Restaurants, Inc. (NYSE:DRI) shares climbed in premarket trading after the company reported second-quarter revenue above market expectations, with investors looking past a modest earnings shortfall and focusing on broad-based sales growth across its portfolio. The operator of Olive Garden and LongHorn Steakhouse reported adjusted earnings per share of $2.08 for the quarter ended November…
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Solo Brands Shares Slide After Company Unveils Corporate Structure Overhaul
Solo Brands Inc (NYSE:DTC) shares plunged in premarket trading on Thursday after the company revealed plans to simplify its corporate structure by dismantling its current umbrella partnership-C corporation framework. The stock was down 17.9% ahead of the opening bell following the announcement. Solo Brands said it entered into a merger agreement on December 17, 2025,…
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IonQ Shares Climb After Company Expands $60 Million QuantumBasel Deal
IonQ Inc (NYSE:IONQ) shares rose about 4% in premarket trading on Thursday after the quantum computing firm announced a significant expansion of its partnership with Switzerland-based QuantumBasel, valued at more than $60 million. Under the updated agreement, QuantumBasel will take ownership of its current IonQ Forte Enterprise system and also secure ownership of a next-generation…