News

Oct 19
Establishment Labs stock sinks toward 21-month low after short seller Hindenburg takes aim

Shares of Establishment Labs Holdings Inc. ESTA, -12.80% tumbled 21.7% toward a 21-month low in premarket trading Wednesday, after short-seller Hindenburg Research took aim at the silicone breast implant company. Hindenburg alleged that it found most safety studies of the company’s products have “conflicts of interest,” and that many patient testimonials and multiple lawsuits dispute […]

Oct 19
Green Thumb Industries launching medical pot sales in Circle K gas stations in Florida

Green Thumb Industries Inc. GTBIF, +5.07% GTII, +5.08% said Wednesday it will launch retail sales of cannabis for medical patients at “about” 10 Circle K stores in Florida. The Chicago and Vancouver-based cannabis company said its Rise Dispensaries inked a lease agreement with Circle K to test the rollout of more potential stores out of […]

Oct 19
Piedmont Lithium receives $141.7 million DOE grant, as stock has rocketed over 60% in 3 months

This replaces an earlier item that reported incorrect year-to-date share gains for Piedmont Lithium and Livent. It has been corrected. Shares of Piedmont Lithium Inc. PLL, +9.72% charged up 11.5% in midday trading Wednesday, after the lithium producer announced a $141.7 million grant from the U.S. Department of Energy. The company said the grant is […]

Oct 19
Winnebago revenue tops expectations

Winnebago Industries Inc. WGO, -11.85% topped revenue expectations for its fiscal fourth quarter as the maker of recreational vehicles and other outdoor items said that its products were resonating with consumers. The company posted net income of $82.6 million, or $2.61 a share, compared with $84.1 million, or $2.45 a share, in the year-prior quarter. […]

Oct 19
The cryptocurrency market digest (BTC, APTOS). Overview for 19.10.2022

BTC did not rise following the stock market and even declined. The flagship cryptocurrency is holding around 19,157 USD on Wednesday. BTC’s correlation with the S&P 500 and Nasdaq indices has momentarily weakened. This is due to a lack of liquidity on the floor, as well as the formation of bearish signals on time frames […]

Oct 19
EURUSD is stable. Overview for 19.10.2022

The main currency pair looks stable on Wednesday. The current quote in EURUSD is 0.9830. The day before there was a local increase in risk appetite. On the one hand, spot gas prices in Europe have normalised. This is due to the high level of gas storage capacity (e.g. 97% in Germany) and the warm […]