ADVFN US – Market Content Editor
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Robin Energy Shares Slide Nearly 28% Following Discounted $3.6M Direct Offering
Robin Energy Ltd. (NASDAQ:RBNE) shares fell sharply on Monday, dropping 27.8% after the company announced a registered direct offering priced well below recent market levels. The global energy transport and ship-owning firm disclosed it had reached an agreement with institutional investors to issue 1,020,000 common shares at $3.50 each. The deal is expected to bring…
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Lifeward Shares Tumble Following Deeply Discounted $2.6 Million Offering
Shares of Lifeward Ltd. (NASDAQ:LFWD) plunged 44% after the company announced a heavily discounted public offering that raised investor concerns over dilution. The medical technology firm, focused on solutions for individuals with mobility impairments, priced a new offering of 4 million ordinary shares at $0.65 each — a steep markdown from its prior trading levels.…
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INVO Fertility Shares Jump After Receiving Patent Approval for Enhanced INVOcell Device
INVO Fertility, Inc. (NASDAQ:IVF) saw its stock price leap 13% following news that the company received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for a new patent covering an upgraded version of its INVOcell device. The patent extends INVO’s intellectual property protections through the year 2040. The USPTO issued the…
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Oklo Shares Gain After Announcing Partnerships to Boost U.S. Nuclear Fuel Supply
Shares of Oklo Inc. (NYSE:OKLO) climbed 4.1% after the company unveiled new strategic alliances aimed at advancing domestic production of High-Assay Low-Enriched Uranium (HALEU) — a key component in powering next-generation nuclear reactors. The California-based nuclear innovation firm announced it is teaming up with Hexium, TerraPower, and Lawrence Livermore National Laboratory to explore the viability…
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Novo Nordisk Shares Dip Amid Spanish Probe into Obesity Campaign
Novo Nordisk A/S (NYSE:NVO) saw its stock decline 2.1% in premarket trading after Spain’s health ministry initiated an inquiry into the company’s obesity awareness campaign, which may have violated the country’s strict prescription drug advertising regulations. The Danish pharmaceutical leader is facing scrutiny following concerns that the campaign’s website, removed on June 24, might have…
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Paychex Reports Q4 Results In Line with Estimates, Stock Dips
Paychex Inc. (NASDAQ:PAYX) shares slipped 2.8% in premarket trading Wednesday after the HR services provider posted fourth-quarter financial results that met analyst expectations on both revenue and earnings. The company reported adjusted diluted earnings per share (EPS) of $1.19 for the quarter, exactly matching consensus forecasts. Revenue came in at $1.43 billion, representing a solid…
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ECARX Shares Surge Following Collaboration with Robotic Lawn Mower Innovator
ECARX Holdings Inc. (NASDAQ:ECX) stock jumped 9% in pre-market trading Wednesday after the mobility technology company revealed a new partnership to integrate its lidar systems into robotic lawn mowers. The deal with a prominent yet unnamed global developer of robotic lawn mowers signals ECARX’s strategic move to broaden its reach beyond automotive intelligence into the…
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AgEagle Aerial Systems Shares Climb on Increased Drone Sales in South Korea
AgEagle Aerial Systems Inc. (NYSE:UAVS) saw its stock rise by 2% following the announcement of two additional eBee X drone sales in South Korea. This sale pushes the total number of AgEagle’s eBee drones operating in the country to over 100 units. The eBee X, a leading fixed-wing drone built for precise geospatial data gathering,…
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Contineum Therapeutics Shares Drop After Delay in Trial Data Release
Contineum Therapeutics Inc (NASDAQ:CTNM) experienced an 8.4% decline in its stock price following the announcement of a delay in releasing topline results from its Phase 1b study of PIPE-791. The biopharmaceutical company, currently in the clinical stage, completed enrolling both healthy volunteers and patients with progressive multiple sclerosis (PrMS) for the trial. However, it now…
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Bumble Shares Jump After Company Announces 30% Staff Reduction
Bumble (NASDAQ:BMBL) shares climbed 13% following the company’s announcement of plans to cut approximately 240 jobs worldwide, amounting to about 30% of its workforce. In a regulatory filing, Bumble revealed that its Board of Directors approved the layoffs on June 23, 2025, aiming to “realign its operating structure to better focus on strategic priorities.” The…