Latest Market News
KalVista Pharmaceuticals Inc. shares KALV, -1.86% tumbled 47% in premarket trade Tuesday, after the company said it’s halting a Phase 2 trial of a treatment for hereditary angioedema, after multiple patients showed liver enzyme elevations. No patients had concomitant elevation of bilirubin levels and all were asymptomatic, the company said in a statement. “We made […]
Shares of Carnival Corp. CCL, -2.56% bounced 1.1% in morning trading Monday, reversing an earlier loss of as much as 6.4%, but underperformed shares of rival cruise operators and the broad stock market, after Stifel Nicolaus analyst Steven Wieczynski said Carnival’s issues are “company specific.” Trading volume was 43.1 million shares, enough to make the […]
The Supreme Court on Monday agreed to hear a case in which the family of a U.S. citizen who was killed in an ISIS attack in Paris in 2015 is suing Alphabet’s GOOG, +3.28% GOOGL, +3.13% Google business, according to multiple published reports. The case, Gonzalez v. Google, involves the scope of tech companies’ immunity […]
Shares of Viasat Inc. VSAT, +26.93% soared 40.9% in morning trading Monday toward a 5 1/2-month high, after the communications company announced an agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies Inc LHX, +4.60% in a deal valued at $1.96 billion. Viasat expects the deal to results in cash […]
Shares of LogicBio Therapeutics Inc. LOGC, +637.61% skyrocketed more than seven-fold (up 643%) in morning trading, to bounce off the previous session’s record low, after the genetic medicine company announced an agreement to be acquired by AstraZeneca PLC’s AZN, +1.29% AZN, +0.44% Alexion, AstraZeneca Rare Disease in a deal that values LogicBio at about $68.23 […]
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +0.35% slumped 2.6% toward a three-month low in morning trading Monday, after tumbling 18.0% to a two-month low in the previous session, after the cruise operator said it was removing all COVID-19 testing, vaccination and masking requirements from its health and safety protocols. The company said the […]