ADVFN US – Market Content Editor

Stock Sinks as Company Begins Bankruptcy Process Shares of Bitcoin Depot (NASDAQ:BTM) plunged 72.8% in premarket trading on Monday after the company announced it had filed for Chapter 11 bankruptcy protection and plans to wind down its operations. The cryptocurrency ATM operator filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of…

Stock Moves Higher Following Patent Announcement Shares of ImmunityBio (NASDAQ:IBRX) gained 4.5% in premarket trading on Monday after the company announced the issuance of five U.S. patents tied to its ANKTIVA plus BCG therapy for bladder cancer treatment. The patents cover the combination of ImmunityBio’s IL-15 receptor agonist ANKTIVA with Bacillus Calmette-Guérin (BCG) for treating…

Company Named Preferred Payload Provider Northrop Grumman (NYSE:NOC) has been selected as one of five preferred payload providers under the Department of War’s Drone Dominance Program Lethality Prize Challenge. The award positions Northrop Grumman to help develop and scale advanced payload systems designed to support the rapidly expanding production of small military drones. Drone Dominance…

Stock Gains Following Capital Allocation Announcements Shares of Boston Scientific (NYSE:BSX) rose 2.1% in premarket trading on Monday after the company announced a $2 billion accelerated share repurchase program alongside a $1.5 billion strategic investment in MiRus LLC. Accelerated Buyback Program Underway Boston Scientific entered into an accelerated share repurchase agreement with JPMorgan Chase covering…

Stock Rallies on Defense Expansion Strategy Shares of Quantum Cyber (NASDAQ:QUCY) surged 22.3% in premarket trading on Monday after the company announced the creation of Quantum Drones Corporation, a newly formed wholly owned subsidiary incorporated in Nevada. The subsidiary is expected to act as the company’s operational platform for U.S.-based defense technology initiatives and future…

Capital Raise to Support Drilling and Acquisitions Sintana Energy (USOTC:SEUSF) (TSX-V:SEI) has conditionally raised US$11.5 million to finance an active exploration programme, including participation in the Chevron-operated Nabba-1 well located within Namibia’s PEL 90 licence area. The financing was completed at 22.5 pence per new common share on AIM and C$0.41 per share on the…

Stock Slips Following Quarterly Results Gossamer Bio (NASDAQ:GOSS) shares fell 5.09% in premarket trading on Monday after the company reported a first-quarter loss that came in worse than analyst expectations, even as revenue significantly exceeded forecasts. The company posted an adjusted quarterly loss of -$0.20 per share for the period ended March 31, compared with…

Revenue and Profit Surge in First Quarter TOYO Co. (NASDAQ:TOYO) shares gained 4.6% in premarket trading on Monday after the company delivered first-quarter results that comfortably exceeded expectations, supported by strong growth across its solar solutions business. The company reported adjusted earnings per share of $0.75 for the quarter ended March 31, 2026. Revenue jumped…

Jefferies Starts Coverage With Underperform Rating Mobileye Global (NASDAQ:MBLY) faces potential downside risks tied to structural industry challenges and customer concentration, according to Jefferies, which initiated coverage on the stock with an “underperform” rating and an $8 price target. The target implies roughly 24% downside from the stock’s previous closing price of $10.53. Jefferies based…