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Biolinerx Ltd/S ADR BLRX stock was trading higher by around 10 percent early Wednesday morning after the company was granted a patent approval. The clinical-stage biopharmaceutical company focused on oncology and immunology said it was granted a patent from the European Patent Office for its BL-8040 with cytarabine for the treatment of acute myeloid leukemia.
Marathon Patent Group Inc MARA was trading lower by nearly 1.5 percent. A 13F filing from Dan Loeb's Third Point on Tuesday disclosed a new 2-million share stake in the IP licensing and commercialization company.
Macy's Inc M was trading higher by more than 9 percent in reaction to the retailer's top-and-bottom line Q1 beat and lifted guidance. The company said it earned 48 cents per share in the first quarter on revenue of $5.54 billion versus expectations of 35 cents per share and $5.39 billion. Management lifted its fiscal 2018 EPS guidance from $3.55-$3.75 to a new range of $3.75-$3.95.
Euro Tech Holdings Company Ltd CLWT was trading lower by more than 2 percent after a volatile trading session on Tuesday. Shares spiked after Tuesday's open above $6 only to trade below $3.50 in the afternoon. The distributor of advanced water treatment equipment is a low-float stock with around 2.2 million shares outstanding.
Evolus Inc EOLS stock was trading lower by 8 percent before being halted. The lifestyle aesthetics company said the FDA issued a Complete Response Letter which cited deficiencies which were related to Chemistry, Manufacturing, and Controls processes which is not related to clinical or non-clinical matters.
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