Medical technology company, Neuronetics, Inc. (Nasdaq: STIM), has received clearance from the FDA for its NeuroStar Advanced Therapy for use as an adjunct for the treatment of major depressive disorder (MDD) in adolescent patients. This is the fourth FDA-cleared indication for NeuroStar. “The current treatment options available for adolescents are extremely limited, compared to those… [Read More]
Immuno-pharma company, AIM ImmunoTech (NYSE American: AIM) has published a new data analysis from a long-term Early Access Program studying the company’s drug Ampligen® (rintatolimod) for the treatment of advanced pancreatic ductal adenocarcinoma (PDAC). The company’s research, titled, “Rintatolimod in Advanced Pancreatic Cancer enhances Anti-Tumor Immunity through Dendritic Cell-Mediated T Cell Responses,” appears in the… [Read More]
March 26, 2024
Stocks making the biggest moves premarket: Krispy Kreme, UPS, Micron Technology and more
Don’t miss the companies making waves in early-market trading. Krispy Kreme — The company’s stock skyrocketed almost 14% in premarket following the announcement of their donuts being available in McDonald’s outlets across the nation by end-2026, launching later this year. Testing began in selected McDonald’s in 2022, and this expanded collaboration can potentially double Krispy… [Read More]
March 25, 2024
Seelos Misses Endpoints in Blow to ALS Community
Biopharmaceutical company, Seelos Therapeutics (Nasdaq: SEEL) has missed primary and secondary endpoints in its Phase 2/3 HEALEY ALS Platform trial of SLS-005 in a blow to the ALS community. The company’s shares dropped by more than 50% to reach a record low in trading last week. SLS-005 previously received Orphan Drug Designation for the treatment… [Read More]
March 25, 2024
An Investment Injection for a Fuel Injection-Less Company, Lucid Group (LCID) Receives $1Bn
While the EV sector faces hardships and names such as Fisker (FSR) struggle today, Lucid Group, Inc. (LCID) has announced some positive news, sending its share price up ~8% and pushing its daily volume to ~82M shares. The company has entered into an agreement with majority stockholder Ayar Third Investment Company, an affiliate of the… [Read More]
March 25, 2024
PRISM Market Moves on Monday: Century Aluminum Soars on DoE Deal, Disney Gains; United Drops
US equities are trading mostly lower on Monday at midday, following a 2% rally in the S&P last week and the best weekly performance of the year. Small-caps are enjoying a strong session while big tech is lower. Underperformers include airlines, semis, software, life sciences, rails, multis, and C&E. Outperformers include autos, energy, asset managers,… [Read More]
March 25, 2024
Fisker (FSR) Has Become Fiscally Frantic. Deal Talks with Large Automaker End, Down ~28%
PRISM EV Index laggard and electric vehicle automaker, Fisker Inc. (FSR) has reported that its discussions with large automakers have ended. As the company’s shares have fallen ~28%, its chances of bankruptcy have increased. Over the past year, the stock is down ~98% as its market share has plummeted to $72M from its 2021 peak… [Read More]
March 25, 2024
Real Good Foods (RGF) Is Hungry for Change Making Leadership Moves and Supply Chain Improvements
Health-conscious frozen foods focused, The Real Good Food Company, Inc. (RGF) released an announcement last week that cited leadership changes as well as supply chain updates. The companies products can be found in most Costco’s (COST) across the country along with select Walmart (WMT) and Kroger (KR) locations. The Real Good Food Company is currently… [Read More]
Following the S&P 500’s strongest week of the year, US equity futures edged lower as investors awaited further developments that might influence the Federal Reserve’s decision-making. The S&P 500 futures dropped by 0.3%, while Nasdaq 100 futures decreased by approximately 0.5%. In Europe, the Stoxx Europe 600 index saw a decline after a nine-week winning… [Read More]
Tom Lee of Fundstrat, a well-known bullish analyst on Wall Street, is doubling down on his optimistic forecast for small-cap stocks, predicting a 50% surge in the Russell 2000 index in 2024. This bullish stance comes after the index witnessed its most substantial daily gain in over a month. In a recent CNBC interview, Lee… [Read More]
Mental health company, BrainsWay Ltd. (Nasdaq: BWAY) has received an order for 18 of its Deep Transcranial Magnetic Stimulation (Deep TMS™) systems from Katie’s Way Plus. BrainsWay’s patented, clinically validated, Deep TMS system offers an in-office breakthrough treatment using flexible H-Coils embedded in a comfortable helmet to noninvasively activate targeted brain structures. Katie’s Way Plus… [Read More]
March 25, 2024
Stocks making the biggest moves before the bell: Boeing, Masimo, Cleveland-Cliffs, Baidu, Disney and more
Here’s a look at some companies making waves in premarket trading: Boeing The aerospace behemoth’s shares kicked up more than 2% following the news of CEO Dave Calhoun planning to retire at the close of the year. The company’s Board Chairman, Larry Kellner, is also stepping down. Masimo The shares of this medical technology firm… [Read More]