Sorrento Therapeutics Inc. (NASDAQ: SRNE) shares are trading higher Wednesday after the company announced it completed an acquisition of ACEA Therapeutics. The merger was completed June 1, and ACEA became a wholly owned subsidiary of Sorrento.
The last time shares of American Airlines Group Inc. (NASDAQ: AAL) reached the $25.10 level was in the middle of March. They ran into a wall of sellers and a downtrend followed.
The stock has reached this level again.
Koss Corporation (NASDAQ: KOSS), a headphone designer and manufacturer, has seen bullish action in its stock recently following renewed interest from investors.
Shares of Alphabet Inc. (NASDAQ: GOOGL) may be about to head south.
The stock has run into resistance at $2,390. There’s a large concentration of sellers at this level. There is enough supply to satisfy all of the demand. That keeps the price from moving higher.
Roblox Corp (NYSE: RBLX) shares are trading higher by 2.4% at $96.03 Tuesday morning after Truist Securities analyst Matthew Thornton maintained the video game developer with a Buy rating and raised the price target from $83 to $103.
Build-A-Bear Workshop, Inc (NYSE: BBW) shares are trading higher by 22.5% at $18.67 Tuesday morning on continued strength after the company last week reported better-than-expected first-quarter results and raised FY21 EBITDA guidance from $28 million to $32 million.