Sumitovant Biopharma, the largest shareholder of Urovant already owns 72% of the company and is now set to acquire it entirely. Shares of Urovant Sciences Ltd. (UROV) spiked on Friday after the company announced the acquisition deal with Sumitovant Biopharma. UROV soared up to 93.48% trading
Data security specialist Zix Corporation (ZIXI) posted better than Wall Street anticipated results in the third quarter on Wednesday. Zix specializes in the security of email services, which is still one of the primary vulnerabilities in the infrastructure of businesses. Until now, a significant number
Following the merger deal, Akers has also signed a Securities Purchase Agreementwith certain accredited investors to raise $18 million. Shares of Akers Biosciences, Inc. (AKER) soared on Thursday following the announcement of a merger deal with MyMD Pharmaceuticals. AKER spiked 30% at day’s close to
Electronic Arts Inc (EA) closed the Thursday trading down -0.38% at $119.32 shares. The stocks have shown an increase of 10.99 percent since start of the year, but are down 15.03 percent over the last quarter. After the company released its quarterly report and forecasts,
Wall Street trading was mainly in negative territory on Thursday, November 12, and ended with a fall in the key indexes. The worsening of the situation with the spread of COVID-19 against the backdrop of vague statistics was shot down by positive sentiment after the
Fuel Tech shares traded higher on Wednesday after the company reported better-than-expected Q3 EPS and sales results. Fuel Tech, Inc. (FTEK) stock was soaring on Wednesday with high volume followed by positive third quarter earnings for the period ended Sep. 30, 2020. FTEK soared higher
Alibaba Group Holding Limited (BABA) shares fell 0.33% on day of its biggest Singles Day sale of the year. But the significant news about record sales was overshadowed by the reform in China on the eve of antitrust legislation, which could have a negative effect
On Wednesday, the Dow Jones index fell marginally at the close by -0.08 percent at 29,397 points, after rising more than 10 percent in a week, and near to its last all-time high of 29,551 points, set before the health crisis on February 12. The
The Brazilian based energy firm has decided to sell 100% of its stake in the Ceara Cluster in order to reduce cost and enhance capital allocation. Shares of Petrobras (PBR) are continuously rising after the company increased its production guidance for 2020, reported in Q3
Shares of cannabis firms have get traction in recent days since cannabis legalization was voted on by citizens in five states of the United States. For the reason, Canadian companies Canopy Growth Corporation (CGC) and Aurora Cannabis Inc (ACB) gained on over the past three
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