ADVFN US – Market Content Editor

The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May. The report said retail sales slid by 0.9 percent in May after edging down by a revised 0.1 percent in April. Economists had expected retail sales to decline by 0.6 percent compared to…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside following the rebound seen in the previous session. Traders may look to cash in on yesterday’s strong gains amid renewed concerns about the ongoing clash…

Redwire Corp (NYSE:RDW) saw its stock decline 17.5% after the aerospace and defense tech firm announced pricing for its upsized common stock offering at $16.75 per share. The company plans to issue 15.5 million shares, aiming to raise roughly $260 million in gross proceeds. Additionally, underwriters have been granted a 30-day option to buy up…

Fold Holdings, Inc. (NASDAQ:FLD) saw its stock spike as much as 21% before settling up 4%, after announcing a major equity facility aimed at bolstering its bitcoin reserves. The company, which positions itself as the first publicly listed financial services provider focused on bitcoin, has arranged a $250 million equity purchase facility to support its…

Shares of Mineralys Therapeutics Inc. (NASDAQ:MLYS) jumped 7.9% following the release of promising topline data from the company’s Phase 2 Explore-CKD study evaluating lorundrostat in patients with chronic kidney disease (CKD) and hypertension. The trial reached its primary endpoint, demonstrating a notable 7.5 mmHg reduction in systolic blood pressure compared to placebo — a result…

Shares of John Wiley & Sons, Inc. (NYSE: WLY) surged 8% in premarket trading on Tuesday after the academic publisher delivered stronger-than-expected fourth quarter earnings and offered encouraging guidance for the upcoming fiscal year. For the quarter ending April 30, Wiley posted adjusted earnings of $1.37 per share, beating the consensus estimate of $1.31. Quarterly…

Shares of Jabil Inc. (NYSE:JBL) gained 5.05% after the electronics manufacturing services provider posted third-quarter results that beat Wall Street expectations and boosted its full-year guidance. For the fiscal quarter ending May 31, Jabil reported adjusted earnings of $2.55 per share, ahead of analysts’ consensus of $2.29. Revenue rose to $7.8 billion, exceeding the $7.03…

Shares of Surgery Partners, Inc. (NASDAQ:SGRY) dropped 12% following the announcement that the company has wrapped up acquisition discussions with Bain Capital without reaching a deal. A Special Committee composed of independent board members reviewed Bain Capital’s non-binding offer to acquire the remaining shares it does not already own. After evaluation, the committee concluded that…

Shares of Immuneering Corporation (NASDAQ:IMRX) rose 7% on Monday following the release of encouraging interim results from a Phase 2a clinical trial evaluating its experimental cancer therapy, atebimetinib, in combination with modified gemcitabine/nab-paclitaxel (mGnP), as a first-line treatment for pancreatic cancer. The clinical-stage biotech reported that, six months into the study, 94% of patients were…

Shares of Dyne Therapeutics (NASDAQ:DYN) plunged 23% after the biotech firm announced changes to its regulatory strategy for DYNE-101, a treatment for myotonic dystrophy type 1 (DM1), following a recent Type C meeting with the U.S. Food and Drug Administration. Although the FDA granted Breakthrough Therapy Designation to DYNE-101—highlighting its potential to address serious unmet…