Latest Market News
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 […]