Gapping up
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- THO +5.1%, MLKN +2.9%
Select lithium names showing strength in sympathy with LAC:
- SLI +6.3%, SGML +4.8%, ALB +4%, SQM +3%
Other news:
- LAC +68.4% (Trump administration is seeking an equity stake of as much as 10%, according to Reuters)
- CLCO +19.3% (agrees in principle for potential combination of CoolCo and EPS Ventures)
- BABA +9.1% (unveils strategic roadmaps for the next generation AI innovations)
- MIR +7.7% (to acquire Paragon Energy Solutions from Windjammer Capital Investors for approximately $585 million in cash; updates FY25 guidance)
- CDTX +7.5% (announces updates to its planned Phase 3 registrational trial of CD388 following its End-of-Phase 2 meeting with the U.S. Food and Drug Administration)
- QURE +3.1% (topline results from pivotal phase I/II study of AMT-130; entered into a $175 mln non-dilutive senior secured term loan facility with Hercules Capital)
- CYBN +2.3% (highlights neuropsychiatry platform)
- LCNB +2.2% (files for $100 mln mixed securities shelf offering)
- DEFT +2% (launches thirteen new ETPs)
- WNC +1.9% (partnership with Global Tank)
- ABVX +1.9% (presentation of abstract for Obefazimod)
- ACMR +1.9% (ACM Research (Shanghai) announces issuance report on private offering of ordinary shares)
- PYPL +1.5% (PayPal and Blue Owl Capital announce execution of a two-year agreement under which funds managed by Blue Owl will purchase approximately $7 bln of buy now, pay later receivables originated by PayPal in the U.S)
- GIFI +1.4% ($7 mln task order from Defense Logistics Agency)
- CTO +1.4% (approves new $10 mln authorization; Completed $5 mln share repurchase program)
- ORLA +1.3% (Announces that Newmont's (NEM) nominee Scott Langley has resigned from Orla's Board effective immediately) .