Articles by Daniel Marsh
Cabaletta Bio Surges 32% on Early Cell Therapy Data and $150M Financing
Cabaletta Bio shares surged 32% on early cell therapy data and a $150M stock offering. Two of four patients showed clinical activity with rese-cel.
Filtronic Faces Key Test as Space and Defence Orders Await Tuesday Trading
Filtronic shares are under scrutiny as London markets reopen Tuesday, with investors eyeing the potential for recent space and defence contract wins to translate into larger, recurring revenue streams.
Mirum Surges on Volixibat Success in PSC Itch Trial, FDA Filing Targeted
Mirum Pharmaceuticals announced volixibat met its primary endpoint in a Phase 2b trial for PSC, reducing itch scores. Shares rose 9%. The company plans a pre-NDA FDA meeting this summer and a U.S. filing in H2 2026.
Sangamo Surges Ahead of Nasdaq Exit; OTCQB Switch Set for May 5
Sangamo Therapeutics shares surged roughly 33% on Monday as the company prepares to move from Nasdaq to the OTCQB Venture Market on May 5 following a delisting notice.
Above Food Ingredients Shares Surge 22% Amid Delayed Filing
Above Food Ingredients shares soared 22% to $0.65 in heavy trading Monday, as the company's fiscal 2025 annual report remains delayed due to ongoing audit issues.
Celcuity Surges 16% on Promising Breast Cancer Drug Data
Celcuity shares jumped 16% after its lead drug candidate, gedatolisib, met the primary endpoint in a Phase 3 breast cancer trial for PIK3CA-mutant tumors, setting the stage for a supplemental FDA filing.
MNDR Surges After $119M Hector Capital Pact for BIMA, M&M Helix Buys
Mobile-health Network Solutions shares surged about 60% following a non-binding $119 million framework with Hector Capital to fund acquisitions of BIMA and M&M Helix.
Skycorp Solar Surges on $20.2M Deal, Dilution Risks Loom
Skycorp Solar shares surged 88.8% after announcing a $20.2M stock-funded acquisition of Nanjing Cesun Power and a $3M private placement, raising dilution concerns.
Destiny Tech100 Soars on AI and SpaceX Hype
Destiny Tech100 shares jumped 13.4% Monday, driven by demand for its private tech holdings like SpaceX and AI firms. The fund trades at nearly double its NAV.
Elong Power Surges 72% After Lock-Up Expiry, Supply Overhang Looms
Elong Power shares surged 72% after a lock-up on 4.2 million shares expired. The company faces supply concerns and a going-concern warning.
Dow Plunges 450 Points as Strait of Hormuz Tensions Fuel Oil Surge
The Dow dropped nearly 450 points Monday as oil surged 5% on Strait of Hormuz tensions. Amazon's logistics expansion hit UPS and FedEx, while GameStop launched a $56B bid for eBay.