Category: Latest News
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American Eagle shares jump after Trump’s social media shoutout
American Eagle Outfitters (NYSE:AEO) saw its stock surge up to 14% early Monday following a mention by former President Donald Trump on his social media platform, Truth Social. Trump highlighted actress Sydney Sweeney’s recent American Eagle commercial, praising it by saying the jeans she’s modeling are “flying off the shelves.” His remarks sparked a strong…
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Boeing Faces Strike as Union Rejects Contract Offer, Shares Dip
Boeing (NYSE:BA) was hit by a strike Monday as approximately 3,200 machinists from IAM District 837 began walkouts after rejecting the company’s second contract proposal. According to Jefferies, the strike—which started at midnight CT on August 4—impacts about 2% of Boeing’s total workforce. The affected employees manufacture fighter jets, including the F-15 and F/A-18, as…
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TransMedics Stock Surges Following FDA Conditional Approval for Heart Trial
TransMedics Group Inc (NASDAQ:TMDX) stock jumped 6.7% after the company announced that the U.S. Food and Drug Administration (FDA) granted conditional approval for its Investigational Device Exemption (IDE), allowing the Next-Generation OCS ENHANCE Heart trial to proceed. The ENHANCE trial will be conducted in two phases: Part A will focus on supporting prolonged heart perfusion…
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DoorDash Stock Hits 52-Week High of $252.94
DoorDash Inc (NASDAQ:DASH) stock soared to a new 52-week high of $252.94, underscoring investor confidence in the company’s strong growth trajectory. Over the past year, the stock has more than doubled, gaining an impressive 108.07%, reflecting robust market sentiment and faith in DoorDash’s evolving business model. The company currently holds a market capitalization of $105.24…
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Dollar Tree Stock Hits 52-Week High of $116.14
Dollar Tree Inc (NASDAQ:DLTR) stock surged to a 52-week high of $116.14, marking a key milestone for the discount retailer. The company now boasts a market capitalization of $24.14 billion and a price-to-earnings ratio of 22.51, reflecting strong investor confidence. Over the past six months, Dollar Tree’s shares have gained more than 54%, contributing to…
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Inspire Veterinary Partners Stock Declines 2% Following $10 Million Convertible Offering
Shares of Inspire Veterinary Partners Inc (NASDAQ:IVP) dropped 2% after the pet healthcare services provider announced a new convertible preferred stock offering valued at up to $10 million. The company disclosed that the securities purchase agreement includes a mix of cash and transferred securities priced at $1.00 per share. The initial closing is expected to…
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CASI Pharmaceuticals Stock Surges 12.4% Following FDA Clearance for Transplant Drug
CASI Pharmaceuticals Inc (NASDAQ:CASI) shares jumped 12.4% after the clinical-stage biopharmaceutical company announced the U.S. Food and Drug Administration (FDA) granted clearance for an Investigational New Drug (IND) application for CID-103, its anti-CD38 monoclonal antibody therapy. The FDA approval enables CASI to initiate a Phase 1 clinical trial to evaluate CID-103 in adult patients suffering…
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Lifeward Shares Rise 5.1% on Expanded Distribution Deal in UAE and GCC
Lifeward Ltd. (NASDAQ:LFWD) stock climbed 5.1% following the announcement of an expanded distribution partnership for its AlterG product lines across the United Arab Emirates and the Gulf Cooperation Council (GCC) region. The medical technology firm extended its relationship with SportsMed Products Ltd., leveraging SportsMed’s Dubai-based subsidiary, SportsMed Performance Trading LLC, to cover these Middle Eastern…
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Equillium Shares Drop 12.4% After Unveiling Cryptocurrency Treasury Strategy
Equillium Inc (NASDAQ:EQ) stock plunged 12.4% following the company’s announcement that it will integrate cryptocurrency holdings into its treasury reserve strategy—marking a notable shift away from its core focus on developing treatments for autoimmune and inflammatory diseases. Based in San Diego, Equillium revealed plans to hold digital assets as part of its financial diversification and…
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GreenPower Shares Rise 5.1% After Winning New Mexico Electric School Bus Pilot Contract
GreenPower Motor Company Inc (NASDAQ:GP) saw its stock jump 5.1% following the announcement that it secured a contract with the state of New Mexico for an all-electric school bus pilot project valued at over $5 million. The two-year pilot program will deploy three Type A all-electric Nano BEAST Access school buses during the 2025-26 school…