B. Riley Securities Maintains Buy on Arena Group Holdings, Raises Price Target to $18
B. Riley Securities analyst Daniel Day maintains Arena Group Holdings (AMEX:AREN) with a Buy and raises the price target from $14.5 to $18.
Earnings Scheduled For August 9, 2022
Companies Reporting Before The Bell
• Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.
Coinbase, Moderna And 56 Biggest Movers From Yesterday
Gainers
Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares climbed 75.2% to close at $2.19 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients' clinical condition.
95 Biggest Movers From Yesterday
Gainers
AeroClean Technologies, Inc. (NASDAQ: AERC) shares gained 100.4% to close at $4.75 on Monday after the FDA granted clearance for the company's pūrgo technology, classifying it as a class II medical device.
Mid-Afternoon Market Update: Dow Turns Lower; DiDi Global Shares Surge
U.S. stocks pared gains, with the Dow Jones turning lower toward the end of trading on Monday.
52 Stocks Moving In Monday’s Mid-Day Session
Gainers
DiDi Global Inc. (NYSE: DIDI) jumped 51.4% to $2.80 after the Chinese government said the company can resume adding new users.
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Arena Group Holdings Q4 Sales $61.20M Up From $42.40M YoY
Arena Group Holdings (AMEX:AREN) reported $61.20 million in sales this quarter. This is a 44.34 percent increase over sales of $42.40 million the same period last year.
3 Stocks To Buy To Beat Inflation According To This Wall Street Veteran
Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell’s tone has shifted tremendously since last year, when he described the inflation we were seeing as "transitory," meaning that it would soon pass.
