Keel Infrastructure Shares Tumble After $400M Convertible Note Upsize
Markets Daniel Marsh

Keel Infrastructure Shares Tumble After $400M Convertible Note Upsize

Keel Infrastructure shares dropped 12% after pricing a $400M convertible note sale to fund its AI data-center pivot, raising dilution concerns.

Curaleaf Reverse Stock Split Takes Effect, Uplisting Hurdle Remains
Markets Daniel Marsh

Curaleaf Reverse Stock Split Takes Effect, Uplisting Hurdle Remains

Curaleaf executed a 1-for-3 reverse stock split on Friday, boosting its TSX share price to C$15.88, in a bid to meet U.S. listing requirements, as competitor Trulieve gained NYSE approval.

TLRY MSOS
Adyen Stock Plunges 7% on Downgrade, Erasing Recovery
Markets Daniel Marsh

Adyen Stock Plunges 7% on Downgrade, Erasing Recovery

Adyen shares tumbled 7.13% to €833.00 following a negative report from Cleveland Research, erasing Thursday's rebound and extending the year-to-date decline to 39%. Jefferies maintains a Buy rating.

Archer Aviation Shares Dip as Cash Burn Concerns Resurface
Markets Daniel Marsh

Archer Aviation Shares Dip as Cash Burn Concerns Resurface

Archer Aviation shares fell 2.4% premarket to $6.38 as investors balanced FAA certification progress for the Midnight eVTOL against another quarter of steep spending.

ACHR JOBY
Real Messenger Shares Skyrocket 172% in Pre-Market After Nasdaq Compliance Win
Markets Daniel Marsh

Real Messenger Shares Skyrocket 172% in Pre-Market After Nasdaq Compliance Win

Real Messenger Corp shares surged 172% in pre-market trading after securing Nasdaq compliance and filing for a $9.1M best-efforts offering, though dilution and listing risks remain.

REAL
Snap Stock Wavers After Rebound; India Ad Growth Key
Markets Daniel Marsh

Snap Stock Wavers After Rebound; India Ad Growth Key

Snap shares slipped 0.49% premarket after a 5.9% rebound, as investors weigh surging India ad demand against slowing North American revenue and broader tech declines.

SNAP
C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm
Technology Sarah Chen

C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm

C3.ai CEO Thomas Siebel invested nearly $69 million in company stock as the firm faces steep revenue drops and forecasts further losses, despite an expanded Shell contract.

AI SHEL MSFT PLTR
Bio Green Med Stock Surges 170% Pre-Market on All-Stock Future NRG Deal, Massive Dilution Ahead
Markets Daniel Marsh

Bio Green Med Stock Surges 170% Pre-Market on All-Stock Future NRG Deal, Massive Dilution Ahead

Bio Green Med shares soared nearly 170% pre-market on an all-stock deal to buy Future NRG, but existing holders will own under 1% of the combined firm, raising dilution concerns.

BGMS
Celsius Shares Recover as Texas Probe of Alani Nu Sparks Investor Caution
Markets Daniel Marsh

Celsius Shares Recover as Texas Probe of Alani Nu Sparks Investor Caution

Celsius shares recover 2% in premarket after plunging on news of a Texas probe into Alani Nu's marketing. Analysts at BofA and Morgan Stanley maintain positive ratings.

CELH
Reddit Stock Gains on Bullish Analyst Call, Revenue Surge
Markets Daniel Marsh

Reddit Stock Gains on Bullish Analyst Call, Revenue Surge

Reddit shares rose in premarket trading Friday after Loop Capital reaffirmed a Buy rating and $260 price target, implying over 50% upside from recent levels.

RDDT
SmartKem Stock Surges in Premarket on Heavy Volume Amid Nasdaq Compliance Concerns
Technology Sarah Chen

SmartKem Stock Surges in Premarket on Heavy Volume Amid Nasdaq Compliance Concerns

SmartKem shares surged nearly 80% in premarket trading Friday following a strong close Thursday, with no new company news. The sub-$1 stock faces Nasdaq compliance issues and a shareholder vote on June 23.

SMTK
Ondas Stock Dips as Share Resale Concerns Offset Defense Contract Gains
Markets Daniel Marsh

Ondas Stock Dips as Share Resale Concerns Offset Defense Contract Gains

Ondas shares slipped 0.9% to $11.86 in premarket trading after a filing registered 2.1M shares for resale, creating an overhang despite $110M in defense orders.

ONDS