Articles by Daniel Marsh
AIM ImmunoTech Surges on Early Pancreatic Cancer Trial Enrollment Completion
AIM ImmunoTech shares surged over 100% after its Phase 2 pancreatic cancer trial reached final enrollment ahead of schedule, with the primary endpoint readout set for December 2026.
Archer Aviation Edges Higher as FAA Certification and Cash Burn Dominate Focus
Archer Aviation (ACHR) shares rose 0.8% to $6.87 as investors track its 2026 commercial launch targets and high cash burn. The company completed Phase 3 of FAA certification for its Midnight eVTOL and aims for first U.S. operations this year.
Robinhood Stock Slips on Supreme Court IPO Ruling
Robinhood shares fell 4.5% to $90.07 after the Supreme Court asked for Trump administration input on a class-action IPO case. Crypto revenue dropped 47% last quarter.
Hitek Global Shares Surge After Reverse Split, HKIT Active
Hitek Global shares soared over 4x to $6.18 after a 1-for-3 reverse split, with fiscal 2025 revenue more than doubling to $6.5 million and net income swinging to a profit.
MP Materials Shares Surge on Analyst Initiation and Strong Quarterly Results
MP Materials shares surged 7.7% to $69.70 after Needham initiated coverage with a Buy rating and $81 target, citing the company's competitive advantages. First-quarter revenue jumped 49% to $90.6 million, driven by record rare-earth production.
Redwire Drops 16% on Downgrade Amid Space Sector Selloff
Redwire shares plunged 16.4% to $20.53 after Jefferies downgraded the stock to Hold, citing valuation concerns. The broader space sector also retreated.
NIO Stock Jumps on 62% May Delivery Surge; Q2 Target Hinges on June
NIO shares jumped 6.6% after May deliveries surged 62% YoY to 37,705 vehicles. The company now needs to deliver 42,939 units in June to hit its Q2 target.
Markets Mixed: Nvidia Gains on AI Chip Launch, Oil Surges on Iran Tensions
U.S. stocks were mixed Monday as Nvidia surged on a new AI chip with Microsoft, while oil prices jumped over 6% on Iran-related risks. The Dow fell 0.2%, and the S&P 500 was flat.
Rocket Lab Shares Slide 13% Amid SpaceX IPO Jitters and Valuation Concerns
Rocket Lab shares dropped 13% as traders reassess the stock ahead of SpaceX's record IPO, weighing high valuation and Neutron rocket risks.