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Dollarama Shares Jump 8% as Q1 Sales and Profit Top Estimates
Dollarama shares surged 8.11% after beating Q1 sales and profit estimates, with Canadian comparable sales up 5.6% and strong international growth. The company maintained its fiscal 2027 guidance and declared a $0.12 dividend.
Uber Stock Slips Amid NYC Regulatory Battle Over Driver Deactivations
Uber shares dropped Thursday as investors reacted to a legal battle over New York City's Local Law 52, which limits ride-hailing companies' ability to deactivate drivers without just cause.
PureCycle Stock Tumbles 16% on $395M Capital Raise, Dilution Concerns
PureCycle Technologies shares dropped 16% after a $395 million capital raise, including 17.66 million new shares and $250 million in convertible notes, sparking dilution concerns.
Pfizer Stock Rises on RBC Upgrade Despite German Drug-Pricing Threat
Pfizer shares rose 2.7% to $26.28 after RBC Capital upgraded the stock to Sector Perform, citing improved risk-reward. Meanwhile, a Reuters report flags German drug-pricing policy risks that could affect investments.
Theriva Biologics Surges on Phase 1 Cancer Data, But Risks Remain
TOVX surged 74.6% on Phase 1 VCN-01 data showing survival and biomarker signals in head-and-neck cancer, but the jump is not based on approval or revenue.
Trulieve Debuts on NYSE, Launches $50M Buyback Amid Policy Shifts
Trulieve started trading on the NYSE as TRLV, authorized a $50 million buyback, and closed its first day at $11.50. Investors eye liquidity gains amid cannabis rescheduling.
Propanc Biopharma Soars After Announcing $5M Stock Buyback
Propanc Biopharma shares skyrocketed after the company authorized a $5 million stock buyback, surpassing its entire market value. Investors now watch for progress on its cancer drug PRP.
Redwire Gains on $500M ATM Offering, Dilution Concerns Linger
Redwire shares jumped 8.3% Thursday after the company launched a $500 million ATM stock sale, raising $350 million already. Investors eye 2026 revenue target.
Coupang Stock Jumps After Record $410M Privacy Penalty
Coupang shares jumped 5.6% after South Korea imposed a record $410 million privacy fine, providing clarity on regulatory risk despite the impact on Q2 expenses.
Mister Car Wash Exits Nasdaq After $3.1B LGP Buyout
Mister Car Wash (MCW) completed its $3.1 billion take-private by Leonard Green & Partners, delisting from Nasdaq and cashing out public shareholders at $7.00 per share.