Day: January 7, 2022
CinCor Pharma Inc. CINC, is set to go public on the Nasdaq Friday, after the Massachusetts-based biopharmaceutical company’s upsized initial public offering priced overnight at $16 a share, in the middle of the expected range of between $15 and $17 a share. The company raised $193.6 million as it sold 12.1 million shares in the […]
Acuity Brands Inc. AYI, -1.11% reported Friday fiscal first-quarter profit and sales that rose above expectations, as lighting and lighting controls sales showed strength despite supply chain challenges. The stock was still inactive in premarket trading. Net income grew to $87.6 million, or $2.46 a share, from $59.6 million, or $1.57 a share, in the […]
BTC Rolls OverThe first full trading week of 2022 comes to a close which means that once again it is time to take stock of the winners and losers. Whether this was a quiet week for you or a week full of action, it’s always good to get the first week of trading under our […]
Type: Bearish ReversalKey Levels:Resistance: 0.92531Pivot: 0.9213Support: 0.91433Preferred Case:Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 78.6% fibonacci projection towards 1st Support in line with 61.8% Fibonacci retracement and 127.2% Fibonacci projection. Our bearish bias is further supported by […]
Terra would provide over $139 million in UST and LUNA to several leading DeFi projects on Ethereum, Solana, and Polygon for at least the next six months. 5509 Total views 36 Total shares Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, […]
Shares of UnitedHealth Group Inc. UNH, -4.09% dropped 3.7% in afternoon trading Thursday, enough to pace the Dow Jones Industrial Average’s DJIA, -0.47% components in declines. The $18.22 price decline in the health insurance company’s stock was shaving about 120 points off the price of the Dow, which was dropping 144 points, or 0.4%. In […]
GameStop has reportedly hired 20 members for its new NFT division, and is close to securing partnerships with two crypto firms for NFT game development. 6703 Total views 73 Total shares The share price of Reddit’s cult-favorite stock GameStop Corporation (GME) jumped by one quarter (in after-hours trading following a Wall Street Journal report on […]
Argus Research analyst Bill Selesky on Thursday raised his price target on Ford Motor Co. F, +3.38% shares to $29, from $20, citing the auto maker’s “strengthening balance sheet” and “clearly defined” financial targets. “We believe that supply-chain problems and semiconductor chip shortages will soon dissipate and provide greater opportunities for higher revenues and earnings […]
Gold prices rose in trading on Tuesday, to recover from the worst selling in the yellow metal in 6 weeks, driven by bets that the Federal Reserve will raise interest rates earlier than expected. The rise in the yellow metal prices came after a significant rise in US bond yields, which led to the worst […]
ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities. 1460 Total views 51 Total shares The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset […]
