Articles by Daniel Marsh
SELLAS Stock Surges as REGAL Trial Nears Final Analysis
SELLAS Life Sciences shares rose after hours as its REGAL leukemia trial recorded 78 of 80 events needed for final analysis. The company reported a Q1 net loss of $8.4 million but has $107.1 million in cash.
Ernexa Therapeutics Soars 58% on Ovarian Cancer Therapy Hopes
Ernexa Therapeutics surged 58.5% on Tuesday after renewed investor interest in its preclinical ovarian-cancer cell therapy ERNA-101, though funding concerns persist.
Byron Allen's $120M Bet Revives BuzzFeed Stock, But Turnaround Uncertain
BuzzFeed shares nearly doubled after Byron Allen's family office agreed to buy a controlling stake, but the deal is mostly debt and the company still faces a going concern warning.
Dow Holds Steady at 49,700 as Inflation Data Rattles Tech and Rate Outlook
The Dow ended nearly unchanged at 49,700.29, but the S&P 500 dropped 0.54% and the Nasdaq fell 1.37% after April CPI surged 3.8%, driven by energy costs.
Merck Closes $53/Share Acquisition of Terns Pharmaceuticals, Stock Ceases Trading
Merck has finalized its $53-per-share cash acquisition of Terns Pharmaceuticals, causing Terns stock to stop trading on Nasdaq. The deal values Terns at $6.7 billion.
Archer Aviation Sinks on Cash Burn Concerns Despite FAA Progress
Archer Aviation shares dropped 6.6% despite an FAA milestone, as investors focused on the company's $217.7 million net loss and $188.8 million cash burn.




