Why It's Moving

GeneDx Stock Climbs After Better-Than-Expected Q1 Results, Raises FY24 Guidance
Coursera Reports Mixed Q1, Guides Q2 And FY24 Revenue Below Estimates
NXP Semiconductors Reports Better-Than-Expected Q1 Results, Issues Q2 Guidance
Coursera Reports Mixed Q1, Guides Q2 And FY24 Revenue Below Estimates
NXP Semiconductors Reports Better-Than-Expected Q1 Results, Issues Q2 Guidance
Lattice Semiconductor Reports Q1 Results, Guides Q2 Revenue Below Estimates
MicroStrategy Reports Q1 Results, Company Holds 214,400 Bitcoins

Why It's Moving Recent News

Why Is Alzheimer's-Focused Annovis Bio Stock Nosediving On Monday?
Annovis Bio faces setbacks in Phase 2/3 Alzheimer's study, revealing minimal change in patients' conditions. Despite slight improvements in mild cases, results show no significant difference in treatment groups.
What's Going On With Snap Stock?
Snap reported better-than-expected first-quarter results last Thursday. Snapchat grew to over 422 million daily active users, an increase of 39 million, or 10% year-over-year, and the number of Snapchat+ subscribers more than tripled year-over-year, surpassing 9 million subscribers in the first quarter. 
Why Polysilicon Company Daqo New Energy's Shares Are Diving Monday
Daqo New Energy missed Q1 estimates, with lower EPS and sales. The company expects Q2 2024 total polysilicon production volume to be approximately 60,000 MT to 63,000 MT, similar to that of Q1 2024 as the company maintains full production.
Bridging Gaps: Women Lead Change In Cannabis
Dr. Chanda Macias, CEO of National Holistic Healing Center, highlighted the role of diversity and women in the cannabis industry at Benzinga Cannabis Capital Conference. She emphasized global expansion and the importance of international cooperation.
What's Going On With Rivian Automotive Stock?
Rivian plans to begin opening its fast-charging network to other EVs later in 2024 and showcased a prototype of its new, in-house charger. The new charger is taller and features a longer cable to accommodate differences in vehicle charging port placement and will deliver rapid charging to both 400 and 800-volt packs and feature CCS connectors with support for North American Charging Standard (NACS)-equipped vehicles with an approved adapter. Support for native NACS, also known as SAE J3400, will come with a future hardware update.
Why Clever Leaves (CLVR) Stock Is Down 60%
Clever Leaves shares are trading lower by 62% during Monday's session. The company announced that it will voluntarily delist its common shares from the Nasdaq.
Why Alphabet Stock Is Lower Today
Alphabet shares are trading lower by 2.7% during Monday's session. The stock is pulling back after surging last week on strong earnings.
Why China Jo-Jo Drugstores (CJJD) Shares Are Falling
China Jo-Jo Drugstores shares are trading lower by 24% during Monday's session. The company announced a $1.53 million registered direct offering.
Why Is Cancer Focused Deciphera Pharmaceuticals Stock Skyrocketing On Monday?
ONO Pharmaceutical to acquire Deciphera Pharmaceuticals for $2.4B in cash. Deciphera brings specialized R&D in kinase drug discovery, commercial platforms, and a pipeline of cancer drugs including QINLOCK. Acquisition expected to close Q3 2024.
What's Going On With SoFi Technologies Stock Monday?
SoFi Technologies Inc (NASDAQ: SOFI) reported Q1 2024 results, beating revenue and EPS estimates. Added 622,000 new members and 989,000 new products. Projects 50% growth for FY 2024 and downgraded EBITDA margin. Stock down 4.07% in premarket.
UMB Financial Is Down After Largest Acquisition In Its 111-Year History - Here's Why
UMB Financial shares down after inking acquisition deal, pricing offering, and reporting Q1 FY24 results.
Why Media Company Collective Audience Shares Are Jumping Monday
Collective Audience shares soar after partnership with Insticator, expanding their ecosystem and boosting revenue potential.
Why EV-Maker Mullen Automotive's Stock Is Charging Monday
Under HVIP, the 2024 Mullen THREE EV truck, with a suggested MSRP of $68,500, qualifies for a cash voucher of up to $45,000. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE could be less than $17,000.
Spotify Co-founder Daniel Ek Cashes Out More Spotify Stock, Shifts Focus to Tech and Climate Startups
Co-founder of Spotify, Daniel Ek, sells $179M worth of shares despite holding 7% stake. Company reports strong Q1 growth and plans to invest $1B in European startups.
Why Avenue Therapeutics (ATXI) Stock Is Falling Sharply
Avenue Therapeutics shares are trading lower by 20.7% during Monday's session. The company announced the exercise of warrants for $4.4 million in gross proceeds.
Why SINTX Technologies Shares Are Skyrocketing
SINTX Technologies shares are trading higher by 32% during Monday's session. The company has formed a technical partnership with Prodways Printers, alongside an agreement for the supply of ceramic slurry.
Johnson & Johnson-Partnered Addex Therapeutics' Epilepsy Candidate Fails Mid-Stage Study, Stock Tanks
Latest Phase 2 epilepsy study findings on ADX71149 adjunctive therapy for focal onset seizures. Partnered with Janssen, Addex Therapeutics evaluates treatment efficacy in patients with suboptimal response to standard care.
What's Going On With ZyVersa Stock?
ZyVersa Therapeutics shares are trading higher Monday after the company announced the publication of a scientific paper in a peer-reviewed journal that reinforces the rationale for inhibiting ASC with IC 100 to potentially attenuate cardiac comorbidities in patients with Alzheimer's Disease.
Why SaaS Company Conduent's Shares Are Rising Today
Conduent sees a surge in stock value following its partnership announcement with Microsoft. Leveraging Microsoft Azure OpenAI Service, Conduent aims to revolutionize healthcare claims management, customer service, and fraud detection, enhancing quality and productivity for global clients.
Philips Reaches $1.1B Settlement On US Sleep Apnea Devices' Claims, Backs Annual Guidance
Philips settles $1.1 billion in Respironics ventilator recall lawsuit. Updates on Philips' Q1 performance and 2024 guidance. PHG shares surge 36.9% in premarket trading.
Domino's Pizza Serves Up A Tasty Q1 Surprise, Setting The Table For A Profitable Year
Domino's Pizza impresses investors with first-quarter FY24 performance, boasting a 6% year-on-year sales surge to $1.085 billion, outshining analyst predictions. Strong supply chain revenues and expanding margins signal resilience amid market fluctuations.
Tesla Skyrockets About 10% In Premarket: What's Fueling The Dramatic Rally?
Tesla supremo Elon Musk's China visit seems to have done the trick for the stock as it has taken off in premarket trading.
Nvidia Still Pricey, But Investor Warns About Another More Expensive Stock: 'Good Time To Take Profits'
Despite the strong quarterly results from Chipotle, one investor has become uncomfortable with the stock's valuation.