ADVFN US – Market Content Editor

  • AgEagle Aerial Systems Shares Climb on Increased Drone Sales in South Korea

    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,…

  • Contineum Therapeutics Shares Drop After Delay in Trial Data Release

    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…

  • Bumble Shares Jump After Company Announces 30% Staff Reduction

    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…

  • Tesla’s European Sales Decline Amid Rising Competition from Chinese EV Brands

    Tesla’s European Sales Decline Amid Rising Competition from Chinese EV Brands

    Tesla (NASDAQ:TSLA) experienced a significant 27.9% drop in new vehicle sales across Europe in May compared to the previous year, even as fully electric vehicle sales surged 27.2% in the region. The American electric carmaker’s market share in Europe shrank to 1.2% in May from 1.8% a year earlier, marking the fifth straight month of…

  • Allot Shares Drop After Pricing Public Offering at $8 per Share

    Allot Shares Drop After Pricing Public Offering at $8 per Share

    Shares of Allot Ltd. (NASDAQ:ALLT) declined by 13% following the announcement of its underwritten public offering priced at $8.00 per share, marking a steep discount compared to the previous close of $9.61. The company, which specializes in network intelligence and security solutions, is offering 5 million ordinary shares, with an additional option for underwriters to…

  • General Mills Predicts Decline in Annual Earnings Amid Difficult Market Conditions

    General Mills Predicts Decline in Annual Earnings Amid Difficult Market Conditions

    General Mills (NYSE: GIS) has issued a cautionary forecast for its current fiscal year, highlighting weak category sales growth and a decline in income as the company navigates challenges from tariff-related cost pressures. The packaged foods leader, known for brands like Cheerios and Chex, is feeling the impact of consumers tightening their budgets amid ongoing…

  • AST SpaceMobile Shares Drop Following $225 Million Convertible Note Buyback

    AST SpaceMobile Shares Drop Following $225 Million Convertible Note Buyback

    AST SpaceMobile (NASDAQ:ASTS) shares declined by 7.75% after the company revealed plans to repurchase $225 million of its convertible notes due 2032 and to raise funds through a registered direct offering of common stock. The company will buy back $225 million of its 4.25% convertible notes maturing in 2032 via private deals with select noteholders.…

  • Precision BioSciences Shares Surge Following FDA Rare Pediatric Disease Designation

    Precision BioSciences Shares Surge Following FDA Rare Pediatric Disease Designation

    Shares of Precision BioSciences, Inc. (NASDAQ:DTIL) jumped 17% on Wednesday after the company announced that its gene therapy candidate, PBGENE-DMD, received the Rare Pediatric Disease Designation from the U.S. Food and Drug Administration (FDA). This special designation recognizes the urgent need for innovative treatments for Duchenne muscular dystrophy (DMD), a rare genetic condition that primarily…

  • Winnebago Industries Falls Short in Q3 as Economic Headwinds Weigh on Results

    Winnebago Industries Falls Short in Q3 as Economic Headwinds Weigh on Results

    Winnebago Industries (NYSE:WGO) delivered weaker-than-expected financial results for its fiscal third quarter of 2025, underscoring the ongoing strain the recreational vehicle market is facing amid broader economic uncertainty. Following the report, the company’s shares dipped slightly by 0.03% in premarket trading Wednesday. The RV manufacturer posted adjusted earnings of $0.81 per share, missing Wall Street’s…

  • Dow Jones, S&P, Nasdaq, Wall Street Pauses as Traders Digest Rally, Mideast Truce, and Powell Remarks

    Dow Jones, S&P, Nasdaq, Wall Street Pauses as Traders Digest Rally, Mideast Truce, and Powell Remarks

    U.S. equity futures hovered near the flatline early Wednesday as traders appeared content to pause following a two-day surge that propelled the major indexes to their highest levels in four months. The Dow Jones, S&P 500, and Nasdaq 100 futures all showed minimal movement before the bell, suggesting a day of cautious consolidation rather than…