Articles by Daniel Marsh
Moderna Surges 12% as Wolfe Drops Bearish Stance on Cancer Vaccine
Moderna shares surged 12% after Wolfe Research upgraded the stock, citing a clearer approval path and $9.2 billion peak sales potential for its cancer vaccine intismeran.
T3 Defense Surges 22% on Noble's $30 Price Target
T3 Defense (DFNS) shares soared 22% after Noble Capital bumped its price target to $30, citing stronger margins and operating results despite a revenue miss.
Applied Optoelectronics Rebounds After New $600M Equity Program
Applied Optoelectronics shares gained 5% on Tuesday after announcing a third $600 million ATM program, despite dilution worries.
Swvl Stock Soars 52% on $13M Private Placement Nearly Doubling Share Count
Swvl shares jumped 52% to $2.24 after a $13M private placement that nearly doubles outstanding shares. The deal brings new investor Coefficient LP and strengthens the balance sheet.
Kura Oncology CEO's $2.35M Insider Purchase Drives Stock Rally
Kura Oncology (KURA) shares jumped 8.87% after CEO Troy Wilson's $2.35M insider purchase. KOMZIFTI sales rose 57% sequentially, fueling optimism.
Expion Energy Plunges 16% as $100M Financing Raises Dilution Fears
Expion Energy (XPON) shares dropped 16.5% on Tuesday as investors weighed a $100M financing plan that could greatly dilute current shareholders. The company also announced an oil and gas acquisition.
Autonomix Medical Jumps 52% on $4.9M Warrant Deal, Dilution Concerns Loom
Autonomix Medical (AMIX) surged 52% after a $4.9M warrant exercise, but the deal adds more shares and raises dilution concerns for the cash-strapped device maker.
Ground Crew Fatality at Montreal-Trudeau Raises Safety and Cost Concerns for Airlines
A ground handler fatality at Montreal-Trudeau has brought ground safety into focus, with potential cost implications for airlines and insurers.
UK Releases 7.1M King Charles 10p Coins; Rarity Creates Faint Premium Hope
The UK's Royal Mint releases 7.1M 10p coins featuring King Charles III, with a limited 2023-dated batch. Despite rarity, cash use declines to 8%.
Canada Auto Tariff Threat Caps at C$40.8 Billion
Trump's 50% tariff threat on Canadian autos could cost C$40.8B annually. Markets react, automakers fall. Counter-tariffs set for September 8.
Paramount+ Retention Strategy Faces Test as Tulsa King Season 4 Premiere Date Remains Unannounced
Paramount+ subscriber growth and record retention are under the spotlight as the premiere date for Tulsa King Season 4 remains unannounced, testing the platform's ability to convert event viewers into long-term subscribers.
PepsiCo's Mountain Dew Trolli Launch Tests Innovation Amid Volume Dip
PepsiCo expands its Mountain Dew Trolli collaboration with new flavors and distribution, aiming to counter a 4% beverage volume decline. The stock remains below analyst targets.