Articles by Daniel Marsh
Ford Stock Edges Up After DOE Loan Restructure for Kentucky Battery Plant
Ford shares rose 0.9% after assuming a $3.805B DOE loan for a Kentucky battery plant and exiting the BlueOval SK joint venture.
Xanadu Stock Surges on $300M Capital Plan and Quantum Breakthrough
Xanadu shares jumped 8.9% after the company announced a $300M equity facility and a quantum algorithm update that could halve the cost of key operations.
Mister Car Wash Delisted After $3.1B Buyout Completion
Mister Car Wash (MCW) has been delisted from Nasdaq after Leonard Green & Partners completed its $3.1 billion take-private acquisition, with shareholders receiving $7.00 per share.
Apellis Delisted After Biogen's $5.3B Acquisition Closes
Biogen closed its $5.3 billion acquisition of Apellis, ending APLS trading on Nasdaq. Shareholders got $41 per share plus a CVR linked to Syfovre sales milestones.
Stellantis Unveils $70B Strategy to Revitalize Jeep, Ram, and European Brands
Stellantis launched a €60 billion five-year plan to boost profits, focusing on key brands like Jeep and Ram, with a goal of 25% revenue growth in North America.
Redwire Stock Wavers After Drone Orders and Major Stake Sale
Redwire shares eased in premarket after a 6.2% rally on new drone deals and a filing showing AE Industrial Partners cut its stake to 1.1%.
Hooters Revamps 140 US Locations to Shed Risque Image
Hooters' new owners are renovating 140 US restaurants to adopt a family-friendly image after its 2025 Chapter 11 filing. CEO Neil Kiefer details uniform and menu changes.
JetBlue Slashes 11 Routes, Pivots to Fort Lauderdale After Spirit Shutdown
JetBlue is dropping 11 routes, exiting Manchester-Boston, and doubling down on Fort Lauderdale after Spirit Airlines ceased operations. The airline reported a $319M Q1 loss.
Enphase Energy Soars 14% as Goldman Sachs Upgrade Sparks Renewed Interest
Enphase Energy shares jumped 13.7% to $53.15 after Goldman Sachs raised its price target to $57, reigniting Wall Street interest in the solar stock despite weak quarterly results.
Plug Power's UK Green Hydrogen Project Reaches FID, Stock Flat
Plug Power's Barrow Green Hydrogen project hits FID, supplying six 5 MW electrolyzers to cut Kimberly-Clark's gas use 50%. Stock flat at $3.31 as cash risks remain.
Nu Holdings Stock Recovers After UBS Price Target Cut
Nu Holdings shares rose 4.1% in early trading after UBS lowered its price target to $16.90 but maintained a Buy rating, as investors assess record Q1 results against increased credit loss reserves.