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Advanced Human Imaging (AHI) IPO is priced: How to buy the stock?
November 19, 2021 09:24 AM PST| By Team Kalkine MediaHighlights The Advanced Human Imaging Ltd is offering 1,000,000 shares in the IPO. It will trade with the ticker symbol ‘AHI’ on the NASDAQ Global Capital Market. Each unit consists of 2 ADS and 1 warrant. ADS will start trading on.....
FinWise Bancorp IPO: How to buy the stock?
November 19, 2021 07:40 AM PST| By Rupam RoyHighlights FinWise Bancorp has announced its initial public offering price of US$10.50 per share. The company is offering 3,500,000 shares to investors. For the nine months ended on Sep 30, 2021, it had total assets of US$338.31 million. .....
Five cybersecurity stocks to consider as ransomware threats increase
November 18, 2021 01:45 PM PST| By Versha JainUS water service providers are facing increased threats from ransomware attacks in the Us in the absence of adequate security from federal agencies, say some experts. Meanwhile, they have called for more federal funding to protect the utility firms.....
Longeveron (LGVN) shares soared 138%, do you know why?
November 18, 2021 10:00 AM PST| By Rupam RoyHighlights FDA has granted rare-pediatric-disease (RPD) designation to Longeveron’s cellular therapy Lomecel-B. Longeveron is currently evaluating Lomecel-B in a Phase 2 trial. All the infants enrolled in its Lomecel-B Phase 1 trial were.....
Pfizer funding in Cardiff Oncology drives CRDF 21% higher. Know more
November 18, 2021 09:55 AM PST| By Versha JainHighlights Cardiff Oncology, Inc. (NASDAQ: CRDF) stock jumped 21% in premarket Thursday. The company has received a US$15 million equity investment from Pfizer Inc. Cardiff plans to use the proceeds for its ongoing clinical research in KRAS-mu.....
Dicerna-Novo Nordisk deal revealed: DRNA stock pops 78% in premarket
November 18, 2021 08:18 AM PST| By Versha JainHighlights Novo Nordisk will acquire Dicerna Pharmaceuticals for US$3.3 billion. After the acquisition, Novo expects to begin the clinical development of its first investigational therapeutic in 2022. The transaction, which would be de.....
KC Holdco IPO: KLC stock to debut in NYSE today, what we know so far
November 18, 2021 07:19 AM PST| By Versha JainHighlights KC Holdco, LLC. will make its stock market debut on NYSE Thursday under the ticker ‘KLC’. It has set the IPO price range between US$18.00 and US$21.00. The early childhood education (ECE) provider is offering 25.....
Sono, Rivian & Canoo: Which firms are leading the EV market race?
November 17, 2021 03:44 PM PST| By Versha JainHighlights Sono Group N.V. (NASDAQ: SEV) skyrocketed in its stock market debut on Wednesday. Canoo announced plans to relocate its headquarters. Rivian Automotive, Inc. (NASDAQ: RIVN) manufactured 12 R1T vehicles and delivered 11 vehicles as o.....
Seven HOT building material stocks: Are they worth your penny?
November 17, 2021 12:34 PM PST| By Versha JainHighlights Vulcan Materials Company (NYSE: VMC) stock grew 6.7% MTD and 36.8% YTD. Martin Marietta Materials, Inc. (NYSE: MLM) stock rose 7.4% MTD and 48.6% YTD. Martin Marietta has a P/E ratio of 36.22 and a dividend yield of 0.58%. Summit Ma.....
Canoo stock (GOEV) rally continues; Should you explore it?
November 17, 2021 11:38 AM PST| By Versha JainHighlights The cash and equivalents increased to US$414 million for nine months ended September 30, 2021, against US$148 million in the same period a year ago. The stock fell 24.28% YTD but rose 30.30% month-to-date. Canoo Inc. (NASDAQ: G.....
Progenity (PROG) stock continues rally, up 21%: Here’s why
November 17, 2021 08:32 AM PST| By Raza NaqviHighlights Progenity, Inc. (NASDAQ: PROG) will participate in Piper Sandler 33rd Annual Virtual Healthcare Conference The company's revenue surged over 220% in Q3, FY21 PROG stocks were up more than 20% in pre-market trading today The sto.....
Peloton stock (PTON) gets a lift after 23.9 mn share sale offer
November 16, 2021 04:38 PM PST| By Sanjeeb BaruahHighlights Peloton said it plans to sell around 23.9 million shares of its Class A common stock for US$46 per share, which will fetch about US$1.07 billion. Tuesday’s price rise was Peloton’s biggest one-day gain since May 2020, sa.....
Top e-commerce stocks to explore as consumer confidence rebounds
November 16, 2021 02:18 PM PST| By Ipsita SarkarHighlights Chewy, Inc. (NYSE: CHWY) sales increased over 26% YoY in Q2, FY21. Shopify Inc. (NYSE: SHOP) revenue jumped around 46% YoY in Q3, FY21. Amazon.com, Inc. (NASDAQ: AMZN) sales rose about 15% YoY in Q3, FY21. The Covid-19 pandemic.....
Top seven gold ETFs to consider as inflation rises to record high
November 16, 2021 10:56 AM PST| By Versha JainHighlights Gold is used as a hedging instrument against inflation. There are currently 36 gold ETFs in the US market, with assets worth US$23.59 billion under management, as per etf.com. The Dow Jones US Gold Mining Total Stock Market Index (D.....
Walmart (WMT), Home Depot (HD) beat estimates in third quarter
November 16, 2021 09:57 AM PST| By Versha JainHighlights Walmart Inc.'s (NYSE: WMT) revenue increased 4.3% YoY to US$140.5 billion. It raised the full-year adjusted EPS guidance to around US$6.40. Home Depot, Inc. (NYSE: HD) reported net sales of US$36.8 billion, up 9.8% YoY in Q3, 2021. .....
Lucid (LCID) gains traction after sedan rollout: Is it worth exploring?
November 16, 2021 08:42 AM PST| By Ipsita SarkarHighlights Lucid Group, Inc. (NASDAQ: LCID) revenue was US$232,000 in Q3, FY21. The company sets a vehicle production target of 20,000 units in 2022. Air Sedan bookings rose to more than 17000 from 13000 in Q3, FY21. Lucid Group, Inc. (NA.....
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Macy's Inc Q3 earnings: What to look for
November 15, 2021 04:48 PM PST| By Team Kalkine MediaHighlights Most analysts expect the Ohio-based firm to report EPS growth of US$0.31 in the third quarter. In the quarter ended July 2021, its EPS was US$1.29 against analysts’ expectations of US$0.22. Macy’s net income in the July.....
Q3 Outlook: Walmart (WMT), Target (TGT) to report modest sales growth
November 15, 2021 01:14 PM PST| By Versha JainHighlights Many top retailers are all set to declare their quarterly results this week. Walmart Inc. (NYSE: WMT) will announce its Q3 results on Nov 16 and Target Corporation (NYSE: TGT) will release results on Nov 17. Amid the rising demand f.....
Home Depot (HD) Q3 earnings: EPS growth, sales, stock price outlook
November 15, 2021 11:53 AM PST| By Team Kalkine MediaHighlights Analysts forecast an EPS growth of US$3.4 in the third quarter, up from US$3.18 in the same period a year ago. In the fiscal quarter ended July, its EPS was US$4.53, more than analysts’ forecast of US$4.43. Nearly three dozen.....
7 rising tech stocks under US$49 – should you consider them?
November 15, 2021 10:03 AM PST| By Versha JainHighlights Aehr Test Systems (NASDAQ: AEHR) stock’s trailing three-month price net change is US$19.02, and the YTD return is 879.8%. Alpha and Omega Semiconductor Ltd. (NASDAQ: AOSL) stock’s three-month price net change is US$18.31......
