Latest Market News
Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks. Some of the lowest volatility in history means that Bitcoin has […]
Rishi Sunak will become the next U.K. prime minister after his last competitor, Penny Mordaunt, withdrew, just minutes before a deadline to get support from 100 lawmakers. Sunak, the former chancellor of the exchequer, will become the first ethnic minority leader of the U.K. Sunak is set to speak in the next half hour.
Beyond Meat Inc. BYND, -0.48% shares rose 1.7% in premarket trades Monday after the company said it’s launching a new plant-based meat line called Beyond Steak. The plant-based seared steak tips will be sold at Kroger Co. KR, +0.50% and Walmart Inc. WMT, +1.00% stores nationwide, as well as some Albertsons Cos. Inc. ACI, +0.47% […]
Shares of Vista Outdoor Inc. VSTO, -0.62% fell 1.8% in premarket trading Monday, after the shooting sports and outdoor products company provided a downbeat profit outlook and said Chief Financial Sudhanshu Priyadarshi is leaving the company after 2 1/2-year in the role, offsetting an upbeat sales view. Separately, beverage company Keurig Dr Pepper Inc. KDP, […]
Shares of Myovant Sciences Ltd. MYOV, +8.31% were up 8.2% in premarket trading on Monday, the day after the company said it will be acquired by Sumitomo Pharma Co. Ltd. 4506, +0.20% for $2.9 billion for the remaining shares of Myovant. Sumitomo, which already owns 52% of the company, said it will pay $27.00 per […]
Flora Growth Corp. FLGC, +3.88% said Monday it would issue up between 36.62 million and 43.53 million common shares to acquire Franchise Global Health Inc. FGH, +12.50% a multi-national medical cannabis and pharmaceutical operator with principal operations in Germany. Based on Flora Growth’s share price of 53 cents on Friday, the deal is currently valued […]