NASDAQ

Published Apr 9, 2022 11:45AM EDT In March, Sanofi (NASDAQ: SNY) and its Sweden-based partner Sobi (OTC: SWTUY) announced positive phase 3 clinical trial results for efanesoctocog alfa, their jointly developed drug candidate for severe hemophilia A. The two companies expect to begin submitting applications for the drug's approval to…

Author of the article: AT&T Inc’s WarnerMedia unit and Discovery Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol “WBD.” In May last year, the companies set out to merge…

Over the past two years, retail has become a bigger, more important part of the U.S. stock market since Covid. Recent comments suggest retail interest in stocks is starting to fade, with experts estimating retail trading activity has fallen from highs of 27% of all trading volumes in early 2021 to about 18% now, although…

Published Apr 7, 2022 5:46PM EDT What happened Meta Platforms (NASDAQ: FB) had a forgettable Thursday, with its stock trading down slightly against the 0.4% rise of the S&P 500 index. Not for the first time, the social media giant's digital currency plans were met with a big collective shrug…

Published Apr 6, 2022 6:05PM EDT What happened Dave & Buster's (NASDAQ: PLAY) is upsizing in a serious way. Tuesday morning, the company announced that it has agreed to acquire family entertainment venue operator Main Event from its current owners. While this bulks up the company significantly and perhaps shifts…

The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased…

Pepsi owner PepsiCo acquired Pioneer Foods in 2020 Food and beverage company PepsiCo sub-Saharan Africa has launched Bašumi Trust, a R1.6 billion Broad-based Black Economic Empowerment (BBBEE) employee share ownership plan (ESOP). In a statement on Tuesday, PepsiCo said the trust is part of the conditions of the US group’s R24…

Athleisure apparel and footwear maker Lululemon (NASDAQ: LULU) stock has rebounded after lowballing earnings estimates. The iconic athletic apparel company has resumed growth after an impressive fiscal Q4 2021 earnings report that included raised fiscal full-year 2022 top and bottom-line guidance and a $1 billion stock buyback program. Lululemon has…

Stocks gained on Monday as traders shook off recession fears and bought technology shares that were beaten up in the first quarter. The Dow Jones Industrial Average traded 103.61 points, or 0.3%, higher to close at 34,921.88 and the S&P 500 gained 0.81% to 4,582.64 with both benchmarks gaining for…

Global digital marketplace Etsy (NASDAQ: ETSY) stock has sold off dramatically worse than the benchmark indices in 2022. The popular e-commerce platform was a pandemic winner as the lockdowns introduced millions of new customers to platform. Despite supply chain and logistics disruptions, the Company had a record 2021, indicating that…