Articles
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1 week ago |
benzinga.com | Henry Khederian
Unity Software Inc U shares are pulling back 3.67% to $23.64 during Thursday's session, following a sharp rally that saw the stock climb 12.1% on Wednesday and 14.4% since the company's first-quarter earnings report on May 7. The decline on Thursday comes despite a lack of any company-specific news, suggesting the move may be a cooling-off after recent momentum. What To Know: Wednesday's surge was driven by strong earnings results reported in May that exceeded Wall Street expectations.
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1 week ago |
benzinga.com | Henry Khederian
Lucid Group Inc LCID shares are sharply lower Thursday, despite a lack of company-specific news for the session. This decline appears linked to broader challenges impacting the EV manufacturing sector. What To Know: Investor sentiment across the EV space has been rattled by recent political developments, particularly the passage of President Donald Trump's "Big Beautiful Bill" by the Republican-controlled House.
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1 week ago |
benzinga.com | Henry Khederian
Shares of autonomous driving company Pony.ai Inc PONY fell another 7.53% to $17.07 Thursday afternoon, extending Wednesday's 15% drop despite no fresh company-specific news. The selloff comes after a sharp rally earlier this week fueled by the company's announcement of a major expansion into Dubai.
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1 week ago |
benzinga.com | Henry Khederian
Shares of Alzamend Neuro Inc ALZN surged 84% to $6.14 on Thursday morning following the announcement that the first patient has been dosed in the company’s Phase II clinical trial of AL001. What To Know: The study, conducted in collaboration with Massachusetts General Hospital, aims to assess AL001's lithium delivery performance against a standard lithium carbonate product in healthy individuals. Results are expected by year-end.
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1 week ago |
benzinga.com | Henry Khederian
Boeing Co BA saw its shares climb by 3.14% to $207.86 during Thursday’s trading session. This uptick followed the company’s presentation at the Bernstein Strategic Decisions Conference, where Boeing outlined its ambitious plans to ramp up production of the 737 Max to 47 units per month by the end of the year. Additionally, per Bloomberg, the company reported a significant reduction in quality defects, down by approximately 30%, which likely contributed to investor optimism.
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$AMC AMC Entertainment Holdings Shares Halted On Circuit Breaker To The Upside, Stock Now Up 19.4%
$LCID Lucid Group stock up 97.8%; Traders circulating rumor suggesting the Public Investment Fund is preparing to buy out the remainder of Lucid Group
$BBBY Bed Bath & Beyond shares are trading lower after the company announced it does not have sufficient resources to repay the amounts under the Credit Facilities, leading the company to consider all strategic alternatives, including restructuring debt under U.S. Bankruptcy Code
