News

Oct 04
LogicBio’s stock skyrockets after buyout bid for a 667% premium

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 […]

Oct 04
Norwegian Cruise stock extends selloff toward 3-month low after lifting all COVID testing, masking requirements

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 […]

Oct 04
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, while a few poked fun at the reality TV star. 1678 Total views 24 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX).  The United […]

Oct 04
Credit Suisse shares bounce 4% higher in early trade

Shares of Credit Suisse CSGN, +4.90% CS, +2.30% bounced 4% higher in early action, after the Swiss systemically important institution fell as much as 12% on Monday on worries over its financial health. The Swiss bank, which touched a record low on Monday, is nonetheless down 54% this year. Five-year credit default swaps widened on […]

Oct 04
Silver posts strongest daily percentage gain since February 2021; gold up nearly 2%

Silver futures rallied on Monday, posting a gain of more than 8% for the session — the largest daily rise since February 2021, according to Dow Jones Market Data. Gold prices also climbed by almost 2%. “Out of the two metals, silver was the most impressive…as yields fell on the back of [the Bank of […]

Oct 04
Lithium producer Livent edges up, even after BofA analyst recommended selling

Shares of Livent Corp. LTHM, -0.03% edged up 0.3% in afternoon trading Monday, even after BofA Securities analyst Matthew DeYoe recommended investors sell, saying the lithium producer’s stock looks “expensive” as lithium prices appear to be near a peak. DeYoe noted that spot prices for lithium, which have been in high demand as it’s used […]