Lexaria Bioscience Corp. (NASDAQ: LEXX) shares are trading higher after the company announced its DehydraTECH significantly enhances delivery of colchicine in study VIRAL-A20-3.
DraftKings Inc. (NASDAQ: DKNG) shares are trading higher after the company announced plans to launch DraftKings Marketplace that offers curated NFT drops and supports secondary-market transactions.
Coinbase Global, Inc. (NASDAQ: COIN) shares are trading higher in sympathy with the other bitcoin-related stocks amid an increase in the price of Bitcoin (CRYPTO: BTC).
Bitcoin is trading higher by 6.5% at around $31,568 Wednesday morning.
Shares of crypto-related stocks including Marathon Digital Holdings, Inc. (NASDAQ: MARA), Riot Blockchain, Inc. (NASDAQ: RIOT) and MicroStrategy Incorporated (NASDAQ:
Snap Inc. (NYSE: SNAP) shares are trading higher after Credit Suisse maintained an Outperform rating on the stock and raised its price target from $80 to $90.
Credit Suisse analyst Stephen Ju attributed the Outperform rating and price target raise to 3 key factors:
Philip Morris International Inc. (NYSE: PM) shares are trading lower after the company reported worse-than-expected Q2 sales.
The company reported second-quarter sales results of $7.59 billion, which missed the $7.67 billion analysts estimate.
Peloton Interactive, Inc. (NASDAQ: PTON) shares are trading higher after the company, along with UnitedHealth Group Incorporated (NYSE: UNH), announced eligible UnitedHealthcare members will be able to access thousands of
Rocket Companies, Inc. (NYSE: RKT) shares are trading lower after Wedbush analyst Henry Coffey downgraded the stock from Neutral to Underperform and lowered the price target from $14 to $12.