Penny Stocks - Spark Newswire

5 minute read

The World Is Transitioning To The EV Future, But Not Without Growth Pains

Today, 3:43 PM

Monday’s quarterly report from Lordstown Motors (NASDAQ: RIDE) raised significant concerns as the EV startup is struggling with production issues and its undergoing electrification. It already halted production of its EV pickups on February 23rd, after only having delivered just six of them.

1 minute read

Analyst Downgrades Gossamer Bio As Merck’s Sotatercept Might Overshadow Seralutinib’s Success

By Vandana Singh

Today, 3:43 PM

Raymond James has downgraded Gossamer Bio Inc (NASDAQ:GOSS) to Market Perform from Outperform following the publication of sotatercept’s Phase 3 data in NEJM. …

GOSS

2 minute read

FDA’s Regulatory Delay is The Reason For Novavax, Lucira Health’s Failure: WSJ Report

By Vandana Singh

Today, 3:43 PM

Failures of Covid vaccine maker Novavax Inc (NASDAQ: NVAX) and diagnostic start-up Lucira Health Inc (NASDAQ: LHDX) show that companies often succeed or fail, owing to the whims of the government.&nb

LHDX

4 minute read

Pharma Mafia Wants To Conquer Cannabis: Can You Patent A Plant? Jazz Is Trying

By Nina Zdinjak

Today, 3:43 PM

The UK’s Medicines and Healthcare products Regulatory Agency (MHRA) recently published collected data on CBD safety, placing the information under its Yellow Card alert system, which lists various adverse reactions to drugs in general. In the report, the agency notes that as many as 10 people have died from CBD and more than 870 experienced adverse reactions.

ACB

1 minute read

Troika Media Clocks $188M Revenue In 1H Aided By Converge Contribution

By Anusuya Lahiri

Today, 3:43 PM

Troika Media Group, Inc (NASDAQ:TRKA) reports revenue of $187.91 million for the six months ended FY22, up from $15.34 million…

TRKA

6 minute read

Psyched: 9 US Reform Bills, Ayahuasca ‘A Release’ For Prince Harry, At-Home Therapy & More

By Lara Goldstein

Today, 3:43 PM

Psychedelics Bills Around The Country: 9 New Proposals, Several Passes, Several Fails And A Successful Local Decriminalization Throughout the 2023 session, numerous discussions have been held and various measures have been considered around the legalization of psychedelics. Let’s go over the latest proposed regulations.

AGNPF

1 minute read

Why Comstock Shares Are Skyrocketing

By Henry Khederian

Today, 3:43 PM

Comstock Inc (NASDAQ: LODE) shares are trading higher by 20.06% to $0.37 Tuesday morning after the company announced its metals recycling subsidiary will sell a facility for gross proceeds of $27 million.

LODE

1 minute read

BlackSky Records 69% Increase In Q4 Revenues; Expects Positive Adjusted EBITDA In 4Q23

By Akanksha Bakshi

Today, 3:43 PM

BlackSky Technology Inc (NYSE:BKSY) reported fourth-quarter revenue growth of 69% year-over-year to $19.42 million, missing the consensus of $19.62 million.…

BKSY

3 minute read

US Stocks Mixed Ahead Of Powell Testimony; Dick’s Sporting Goods Posts Upbeat Earnings

By Lisa Levin

Today, 3:43 PM

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 20 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.03% to 33,420.92 while the NASDAQ rose 0.18% to 11,697.05. The S&P 500 also fell, dropping, 0.04% to 4,046.93.

ARIS

2 minute read

Can Stitch Fix Sew Together An Upside Earnings Surprise, Or Will It Miss Estimates For The Fourth Quarter In A Row?

By Adam Eckert

Today, 3:43 PM

Stitch Fix Inc (NASDAQ: SFIX) is scheduled to report fiscal second-quarter results Tuesday after the bell. Despite being up more than 50% since the start of the year, Stitch Fix shares are still down nearly 55% over a one-year period.

SFIX