ADVFN US – Market Content Editor

Stock Moves Higher on New Travel Payments Feature Expensify Inc. (NASDAQ:EXFY) shares climbed 3.5% in premarket trading on Monday after the company introduced a consolidated travel billing solution for business customers in the United States. The new offering is designed to simplify how companies manage and pay for employee travel expenses. Single Monthly Invoice Replaces…

Stock Gains on Regulatory Development Oncolytics Biotech Inc. (NASDAQ:ONCY) shares rose 5.9% in premarket trading on Monday after the company announced plans to hold a Type D meeting with the U.S. Food and Drug Administration (FDA) to discuss a potential registration strategy for its REO 033 clinical trial. The meeting is expected to take place…

Stock Gains Following U.S. Border Security Award CACI International Inc. (NYSE:CACI) shares rose 2% in premarket trading on Monday after the company announced it had been awarded a contract to deploy its SkyValor counter-drone system along the U.S. Southern Border. The agreement supports a broader national security initiative aimed at strengthening protection against hostile unmanned…

Stock Moves Higher on Strategic Infrastructure Partnership Williams (NYSE:WMB) shares rose 1% on Monday after the energy infrastructure company announced a $5.34 billion investment led by funds managed by Blackstone Credit & Insurance, alongside Apollo and KKR, to support the expansion of its Power Innovation portfolio. The agreement is intended to provide long-term funding for…

Stock Jumps on Strategic Combination Twin Vee PowerCats Co. (NASDAQ:VEEE) shares surged 85% after the company unveiled a strategic merger with a subsidiary of USFM Corporation, alongside plans to separate and privatise its recreational marine operations. The transaction is designed to combine Twin Vee with USFM while allowing existing shareholders to retain economic exposure to…

Stock Advances Following Buyout Report MGM Resorts International (NYSE:MGM) shares gained 2.4% on Monday after a report published late Friday indicated the casino and hospitality operator is engaged in discussions with media entrepreneur Barry Diller over a possible acquisition. Investor sentiment strengthened after markets reopened, with the report fuelling speculation over the company’s ownership structure.…

Insider Share Sale Weighs on Early Trading Petco Health and Wellness Company Inc. (NASDAQ:WOOF) shares slipped 1.6% in premarket trading on Monday after a regulatory filing revealed that Chief Human Resources Officer Holly May sold 200,000 shares of the company’s Class A common stock. The transaction was disclosed in a Form 4 filing submitted to…

Analyst Cuts Target but Maintains Buy Rating Eos Energy Enterprises Inc. (NASDAQ:EOSE) shares slipped 2.3% in premarket trading on Monday after Stifel lowered its price target on the battery storage company to $10 from $12, while reiterating its Buy recommendation. Analyst Stephen Gengaro said the revised valuation reflects the expected dilution from the company’s recently…

New Tool Targets Sophisticated Automated Traffic Cloudflare, Inc. (NYSE:NET) has introduced the general availability of Precursor, a new bot management solution designed to identify automated activity by monitoring behaviour throughout an entire browsing session rather than relying on a single security checkpoint. The company said the launch addresses the growing sophistication of malicious bots, which…