ADVFN US – Market Content Editor
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Polestar shares advance on $400 million equity financing
Shares of Polestar Automotive Holding UK Plc (NASDAQ:PSNY) rose about 4.1% in premarket trading on Monday after the company disclosed a $400 million equity investment from two large financial institutions. The Swedish EV maker said the capital will be provided by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation and…
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Swvl shares jump after landing $5.5 million multi-year UAE contract
Shares of Swvl Holdings Corp (NASDAQ:SWVL) surged about 37% in premarket trading on Monday after the company announced it had secured a new five-year contract in the United Arab Emirates valued at up to $5.5 million. The agreement further reinforces Swvl’s footprint in one of its fastest-expanding markets. The company said it recorded roughly fivefold…
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Hess Midstream delivers in-line Q4 earnings but misses on revenue; shares dip
Hess Midstream LP (NYSE:HESM) reported fourth-quarter 2025 results that matched earnings expectations but came up short on revenue, prompting a modest pullback in the stock. The midstream operator posted earnings per share of $0.72, in line with analyst consensus, while revenue totaled $404.2 million, below forecasts of $417.05 million. Shares slipped about 0.9% following the…
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InMode shares edge higher as company explores strategic options
Shares of InMode Ltd. (NASDAQ:INMD) gained about 2.5% in premarket trading on Monday after the company confirmed it is reviewing potential strategic alternatives. The medical technology firm said it has formed a special committee made up of independent directors to manage and oversee the evaluation process. The committee has engaged external legal and financial advisers…
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Northfield Bancorp shares surge on Columbia Financial takeover agreement
Shares of Northfield Bancorp Inc (NASDAQ:NFBK) jumped nearly 12% in premarket trading on Monday after the bank agreed to be acquired by Columbia Financial Inc (NASDAQ:CLBK) in a transaction valued at about $597 million. The all-cash-and-stock deal, which has been unanimously approved by both boards, will create the third-largest regional bank headquartered in New Jersey,…
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Devon Energy, Coterra shares dip after companies unveil all-stock merger
Shares of Devon Energy (NYSE:DVN) slid about 3% and Coterra Energy (NYSE:CTRA) fell roughly 4.2% in premarket trading on Monday after the two companies announced a stock-for-stock merger that will form one of the largest shale operators in the United States. Under the agreement, Coterra investors will receive 0.70 shares of Devon common stock for…
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Pharming Group shares slide after FDA issues Complete Response Letter for Joenja
Shares of Pharming Group NV (NASDAQ:PHAR) dropped around 16.8% in premarket trading on Monday after the company disclosed that it received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration for its supplemental New Drug Application covering Joenja. The FDA said it has concerns about possible underdosing in lower-weight pediatric patients for…
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Yext shares slide as CEO pulls takeover bid
Shares of Yext (NYSE:YEXT) sank about 13% on Monday after Chief Executive Officer Michael Walrath withdrew his earlier, non-binding proposal to buy the remaining shares of the company he does not already own for $9.00 per share in cash. Walrath told Yext’s board that he was unable to line up financing at the proposed valuation.…
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Avalo Therapeutics shares jump as Guggenheim starts coverage with Buy
Shares of Avalo Therapeutics Inc (NASDAQ:AVTX) climbed about 5.8% in premarket trading on Monday after Guggenheim launched coverage on the stock with a Buy recommendation and a $50 price target. Guggenheim analyst Yatin Suneja said he is encouraged by Avalo’s IL-1β inhibitor, AVTX-009, which is being developed to treat hidradenitis suppurativa (HS), a chronic inflammatory…
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VerifyMe shares climb after company restores Nasdaq listing compliance
Shares of VerifyMe Inc (NASDAQ:VRME) advanced about 3.5% in premarket trading on Monday after the company said it has returned to compliance with Nasdaq’s minimum bid price rule. The provider of brand protection and specialized logistics services confirmed it received official notification from Nasdaq stating that it now meets the requirement to maintain a share…