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Equity News

Why Did The Energy Focus (EFOI) Stock Rise Nearly 7% In After-Hours Session?

Energy Focus Inc. (NASDAQ: EFOI), a leading provider of energy-efficient lighting solutions, has seen a significant surge in its stock price in after-hours trading on Friday. According to the latest data, the company’s stock has advanced by 7.00% to reach a new level of $0.6418. This positive development in the stock’s performance can be attributed to the company’s recent announcement of its expansion plans, which include the launch of a new product. EFOI has expanded which products? In a recent announcement, Energy Focus (EFOI) announced plans to expand its LED power supply product lines to include products utilizing Gallium Nitride
Stock Investing

What Is The Reason Behind Novocure (NVCR) Stock Increasing 67% Pre-Hours Session?

Following positive results from its research to treat malignancies, NovoCure Limited (NASDAQ: NVCR) shares jumped 67.57% to $118.19 on Thursday morning. Which NVCR study had fruitful outcomes? The LUNAR study showed a statistically significant and clinically significant increase in overall survival above conventional therapy alone, according to Novocure’s (NVCR) announcement today that the research fulfilled its primary goal. Novocure has been evaluating the safety and efficacy of Tumor Treating Fields (TTFields) in combination with conventional therapies for stage 4 non-small cell lung cancer (NSCLC) following progression during or after treatment with platinum-based therapy in the pivotal, open-label, randomized LUNAR study.
Market Activity

Why Did The LiqTech (LIQT) Stock Surge 8% In The Extended Session?

Following the signing of a contract, LiqTech International Inc. (NASD: LIQT) was gaining on the charts yesterday, increasing 7.95% to trade at $0.3885 at the most recent check. Which contract did LIQT sign? For the purpose of commercializing a combination solution for acid purification, LiqTech (LIQT) has formed a collaboration agreement with Ecolotron Wastewater Solutions, Inc., a company specializing in electrolytic water treatment with headquarters in the United States. The innovative solution provided by LiqTech and Ecolotron is based on a combination of LiqTech’s silicon carbide ceramic ultrafiltration system for the filtering of crude phosphoric acid streams and Ecolotron’s E-FLOC
Equity News

How Did The ProQR Therapeutics (PRQR) Stock Rise 35% Pre-Hours?

After the company announced an expansion of cooperation, shares of ProQR Therapeutics N.V. (Nasdaq: PRQR) were up 35.15% at $2.23 at the time of our last check in pre-market trading. What partnership will PRQR be extending? Eli Lilly and Company (NYSE: LLY) and ProQR Therapeutics (PRQR) have expanded their license and partnership arrangement to concentrate more on the research and marketing of novel genetic treatments. The partnership, which was first disclosed in September 2021, used ProQR Therapeutics’ exclusive Axiomer RNA editing tool to treat liver and nervous system diseases. Since the beginning of the project, platform improvements have greatly improved
Trading Signals

On What Basis Did Immuron (IMRN) Stock Rise 21% In Extended Session Friday?

In Friday’s after-hours trading, Immuron Limited (NASDAQ: IMRN) shares increased 21.21% to $2.40 as the pharmaceutical company submitted an application for a new medication. Which document has IMRN filed? This month, Immuron (IMRN) said that it has applied for an investigational new drug (IND) designation for Travelan with the US Food and Drug Administration. Immuron will assess the effectiveness of Travelan’s single-dose regimen in a Phase II clinical study utilizing a controlled human infection model (CHIM) and the enterotoxigenic Escherichia coli (ETEC) strain H10407. Up to 60 healthy adult volunteers are expected to participate in the clinical investigation. Each subject
Stock Investing

What Drove Monopar Therapeutics (MNPR) Stock Up Nearly 9% After-Hours?

After-hours trading on Monday saw shares of Monopar Therapeutics Inc. (NASDAQ: MNPR) rise 8.78% to $2.23 following the release of encouraging clinical-trial data. What data has MNPR provided? Yesterday, Monopar Therapeutics (MNPR) published encouraging findings with MNPR-202 from its ongoing partnership with the National University of Singapore’s Cancer Science Institute of Singapore (CSI Singapore) (NUS). Next Weekend at the 64th American Society of Hematology (ASH) Plenary Session & Exposition, NUS and Monopar Therapeutics will present a poster with the results (ASH 2022). The poster is accessible on Monopar’s website. A potential DNA Damaging Response (DDR) medication candidate and doxorubicin analog
Market Activity

Investing Research reports: Credit Suisse Group AG (CS), Netflix Inc (NFLX), New York Community Bancorp Inc. (NYCB)

Upgrades and downgrades in analyst ratings can have a significant impact on stock prices. Even though these stocks may generate short-term earnings, analysts may downgrade them, culminating in negative results for investors. Analysts classify stocks into three subcategories: Analysts project a “BUY” recommendation for the stock, indicating a near-term beat on the market. “Buy” can also be described as Overweight or Outperform by analysts. “Hold” ratings are recommended by analysts if they expect a stock’s performance to be similar to the overall market performance. An analyst recommends against buying or selling a stock with a Hold rating. The market performance
Equity News

Latest Stock Upgrade Recommendations: AT&T Inc. (T), Nu Holdings Ltd. (NU), American Homes 4 Rent (AMH)

An analyst’s upgrades and downgrades can have a significant effect on a stock’s price. Short-term profits can come from stocks like these, but if analysts downgrade them or misjudge them, investment losses can also result. Analysts typically rate stocks based on three tiers: The stock will perform better than the market if an analyst rates it as a “Buy.” Other rating terms like overweight and outperform can also be used by analysts for “BUY”. An analyst would generally assign a “Hold” rating to a stock if they anticipated that it would perform similarly to the market. A “Hold” rating indicates
Trading Signals

What Caused The FAT Brands Stock To Rise In Extended Trades On Tuesday?

After announcing the opening of a new location, FAT Brands Inc. (NASDAQ: FAT) shares increased 5.08% to $6.20 on Tuesday in after-hour trades. Where has a new location for FAT Brands opened? It was announced by FAT Brands (FAT) that the first Fatburger and Buffalo’s Express will open in Paris, France. The new facility, the first of 40 that will open across France over the next five years, kicks off the enormous expansion ambitions for the co-branded partnership in that nation. Additionally, the new eatery is the 200th Fatburger outlet overall. FAT Brands observes that both locals and visitors to
Stock Investing

What Caused Shoals Technologies (SHLS) Stock To Fall 9% In Pre-Hours Session?

In premarket trading today, Shoals Technologies Group Inc. (NASDAQ: SHLS) fell -9.25% to close at $26.29 at the last check. This was followed by the announcement of an IPO. What has SHLS declared? A total of 20,000,000 shares of the company’s Class A common stock will be offered in an underwritten public offering, according to Shoals Technologies (SHLS), which made the announcement. The selling investors, which include Dean Solon and some of his associates, are offering 18,000,000 shares of the company’s Class A common stock while Shoals Technologies is offering 2,000,000 shares of its Class A common stock. The Underwriters

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