Day: April 11, 2022

Apr 11
Veru’s stock nearly triples after oral COVID-19 treatment leads to ‘statistically meaningful’ reduction in deaths

Shares of Veru Inc. VERU, +168.97% rocketed 175% toward a 13-month high in afternoon trading Monday, after biopharmaceutical company announced positive results from its Phase 3 trial of its oral COVID-19 treatment. Trading volume spiked up to 264.2 million shares, compared with the full-day average of about 629,400 shares, and enough to make the stock […]

Apr 11
Wellington Management Group LLP: BaFin imposes administrative fine

On 31 March 2022, BaFin imposed an administrative fine amounting to 165,000 euros on Wellington Management Group LLP. The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 33 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). […]

Apr 11
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop

SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. 6099 Total views 50 Total shares Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent nonfungible […]

Apr 11
Biden tests negative for COVID again, White House says

President Joe Biden has tested negative again for COVID-19, the White House said Monday. That result comes as a number of officials in Washington, D.C., have tested positive for COVID in recent days, raising concerns at a time when the Biden administration’s narrative is that the pandemic is under control. The daily averages for new […]

Apr 11
The cryptocurrency market digest (BTC, LUNA, XRP). Overview for 11.04.2022

The BTC still looks quite disappointing. Over a week, the leading cryptocurrency lost 7%. The capitalisation of the BTC dropped to $803 billion. The BTC quotes are depressed because of American stock exchanges: at the nearest meeting, the Fed might raise the interest rate by 50 basis points. This is a serious impact on the […]

Apr 11
The Pound is afraid to move. Overview for 11.04.2022

GBPUSD remains under pressure and may start plunging at any moment.  It seems like the Pound sterling is afraid to move at all against the USD. The current quote for the instrument is 1.3028. The USD’s attack against the British currency is too strong. Bears may get more active and push the Pound down to […]

Apr 11
Gold prices rise with fears of an escalation of the situation in Ukraine

Gold prices rose during trading on Monday, supported by the uncertainty about the Russian-Ukrainian war, in addition to the closures in China to control the Corona virus. The US Treasury bond yields and the high dollar deprived the yellow metal of achieving gains, after it had started today’s trading with a decline. Gold Prices Today […]

Apr 11
Oil prices are down 2%, and Brent crude is near $ 100

Oil prices fell about 2% during trading on Monday, amid the market’s anticipation of the liberation of the strategic oil reserves announced by the member states of the International Energy Agency, with the continued closures in China due to the Corona virus. Oil prices ended their trading on Friday with a rise of more than […]

Apr 11
Sugar Futures ( SB1! ), H1 Potential For Bearish Dip

Type: Bearish DipKey Levels:Resistance: 20.69Pivot: 20.36Support: 19.86Preferred Case:We see the potential for a bearish dip from our pivot at 20.36 in line with Fibonacci extension towards our 1st support at 19.86 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection. Our bearish bias is supported by the stochastic indicator where price is trading at […]

Apr 11
Market Spotlight: Coca Cola Hits Fresh Highs Following Q1 Correction

Coca Cola Shares ReboundFollowing a tricky period across the middle of Q1, Coca Cola shares have rebounded firmly in recent weeks and are now trading at fresh, all-time highs. The company saw its stock price plunge by around 9% in March as investors scorned KO for now immediately joining the wave of global corporates boycotting […]