Tag: Marketwatch
Aurora Cannabis Inc. ACB, -37.39% ACB, -30.84% shares dropped 28% Friday after the cannabis company said it would increase the size of its bought deal financing to $150 million from $125 million. A syndicate of underwriters led by Canaccord Genuity and BMO Capital Markets will buy on a bought deal basis 61.2 million units of […]
Canopy Growth Corp. CGC, +10.34% WEED, +10.56% shares fell 11% in premarket trades Friday after it said its fourth-quarter loss narrowed to C$574.6 million, or $1.46 a share, from C$700 million, or $1.85 a share in the year-ago quarter. Revenue for the three months ended March 31 fell to C$126.1 million from C$167.4 million in […]
Trulieve Cannabis TCNNF, +3.74% CEO Kim Rivers acquired 14,000 shares of the cannabis company on Tuesday at a price of $14.45 a share for a total purchase value of about $202,300, according to a filing. Rivers now owns just under 2.5 million shares. Trulieve CFO Alex D’Amico acquired 1,500 shares and Trulieve president Steve White […]
Shares of Reata Pharmaceuticals Inc. RETA, +3.42% were up 2.4% in trading on Thursday after the company said the Food and Drug Administration granted priority review to the company’s experimental treatment for Friedreich’s ataxia, a rare nervous system disease. The regulator is now set to make a decision on omaveloxolone by Nov. 30. “If approved, […]
Stocks closed sharply higher on Thursday, a day after minutes of the Federal Reserve’s meeting in early May signaled a willingness by the central bank to consider pausing rate hikes later this year if the economy shows signs of wobbling. The Dow Jones Industrial Average DJIA, +1.61% added about 518 points, or 1.6%, ending near […]
President Joe Biden and first lady Jill Biden plan to travel on Sunday to Uvalde, Texas, the White House said Thursday in a news release. The Bidens expect to “grieve with the community that lost twenty-one lives in the horrific elementary school shooting,” the White House said. Source: Marketwatch
The New York Office of Cannabis Management on Thursday said TikTok will not allow the use of the word “cannabis” in public education advertisements. The office said it has launched an education campaign on the legalization of adult-use cannabis and the impact of cannabis use on public health and safety. “When we tried advertising on […]
White House press secretary Karine Jean-Pierre on Thursday criticized the National Rifle Association, after a reporter asked about the lobbying group’s plan to hold a convention on Friday in Houston, Texas, following the school shooting in Uvalde, Texas. “It’s not about the convention. What is inappropriate is that the leadership of the National Rifle Association […]
Read Next Elon Musk commits more cash to Twitter deal, sending Twitter stock higher and Tesla shares lower Tesla Inc. undefined Chief Executive Elon Musk increased the amount of cash he is committing to acquiring Twitter Inc. undefined, according to a Wednesday filing with the Securities and Exchange Commission. Musk increased his commitment by $6.25 […]
Shares of Iovance Biotherapeutics Inc. IOVA, +2.30% tumbled about 40% in after-hours trading on Thursday. The company had announced new clinical data for its experimental melanoma drug, including a 29% objective response rate in one cohort of patients. In that cohort, there were three complete responses and 22 partial responses, and the median duration of […]