Category: Latest News
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TNL Mediagene Shares Rocket After Announcing Strategic Tie-Up With Coupang
TNL Mediagene (NASDAQ:TNMG) shares more than doubled in premarket trading Thursday after the Tokyo-based digital media and data firm unveiled a new strategic partnership with U.S. e-commerce giant Coupang aimed at strengthening its Content Commerce and Retail Media Network presence in Taiwan. The collaboration will tap into TNL Mediagene’s broad portfolio of premium editorial brands…
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Brainsway Shares Jump After FDA Extends Deep TMS Approval to Teen Depression
Brainsway Ltd. (NASDAQ:BWAY) saw its stock pop 5% in premarket trading Thursday after securing a key FDA label expansion for its Deep Transcranial Magnetic Stimulation (Deep TMS) system, clearing the treatment for use in adolescents diagnosed with major depressive disorder (MDD). The updated approval authorizes Deep TMS as an add-on therapy for patients ages 15…
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Six Flags Shares Climb as JANA Partners Reaffirms 9% Stake Despite Leadership Change
Six Flags Entertainment Corporation (NYSE:FUN) saw its stock rise 3.4% in premarket trading on Thursday after activist investor JANA Partners said it still holds roughly a 9% economic interest in the amusement park operator, even after a key member exited the group. JANA disclosed that Dave Habiger has stepped away from the coalition to “pursue…
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TKO Group Shares Edge Higher on New Polymarket Partnership Covering UFC and Zuffa Boxing
TKO Group Holdings (NYSE:TKO) saw its shares gain about 2.3% in premarket trading after unveiling a multi-year agreement with Polymarket, which will serve as the Official and Exclusive Prediction Market Partner for both UFC and Zuffa Boxing. The deal marks the first time major fight organizations will incorporate prediction market technology into their products. As…
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BioNTech Rejects Talk of Pfizer Stake Sale, Says Partnership Is Intact
BioNTech (NASDAQ:BNTX) pushed back on speculation Thursday that Pfizer (NYSE:PFE) may be preparing to unload its stake in the company, emphasizing that the two firms’ long-running alliance remains solid. A spokesperson for the German biotech firm said, “We continue to have a close and strong collaboration,” adding that BioNTech would not comment on any equity-related…
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NextPlat Revenue Declines in Q3, but Shares Rise as Cost Cuts Start to Show Progress
NextPlat Corp (NASDAQ:NXPL) reported a decline in third-quarter revenue on Thursday, posting $13.8 million, down from $15.4 million a year earlier, as its healthcare division faced softer pharmacy 340B contract activity. The company recorded a net loss of $0.08 per share for the period. Despite the revenue drop, NextPlat shares moved 1.32% higher in pre-market…
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Tharimmune Shares Jump After FDA Signals Support for TH104 Modeling Plan
Tharimmune, Inc. (NASDAQ:THAR) saw its stock climb 11% on Thursday after the company said U.S. regulators offered constructive feedback on the development pathway for TH104, its nalmefene buccal-film candidate designed to prevent respiratory depression caused by fentanyl and other high-potency opioids. The company reported that the FDA agreed with its proposed simulation modeling strategy for…
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Stratasys Shares Climb 7% Despite Missing Q3 Earnings and Revenue Targets
Stratasys Ltd. (NASDAQ:SSYS) posted weaker-than-expected third-quarter results on Thursday, but the stock still moved sharply higher in pre-market trading as investors focused on cash generation and the company’s strong balance sheet. Shares jumped 7.55% even though adjusted earnings came in at $0.02 per share, well below Wall Street’s expectation of $0.09. Quarterly revenue totaled $137…
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Suburban Propane Reports In-Line Q4 Earnings as Revenue Falls Short of Estimates
Suburban Propane Partners, L.P. (NYSE:SPH) released fourth-quarter results on Thursday that matched Wall Street profit expectations but missed on the top line, reflecting the typical seasonal softness in the propane business. The partnership posted a net loss of $0.53 per Common Unit, in line with analyst forecasts. Revenue totaled $211.38 million, falling below the consensus…
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Paysafe Shares Sink 15% After Q3 Miss, Sharp Guidance Cut
Paysafe Limited (NYSE:PSFE) saw its stock tumble 15.3% on Thursday after the payments firm posted weaker-than-expected third-quarter results and slashed its full-year forecast, unsettling investors already cautious about margins and product mix. Adjusted earnings for the quarter came in at $0.70 per share, missing the consensus view of $0.73. Revenue reached $433.8 million, short of…