Short Ideas - Spark Newswire

2 minute read

A Technical Look At Novan’s Stock Amid 80% Spike

Today, 5:20 AM

Novan Inc. (NASDAQ: NOVN) shares are trading higher Friday after the company reported that B-SIMPLE4 pivotal Phase 3 trial of SB206 achieved significance for the primary endpoint with no adverse events.

NOVN

2 minute read

Tesla’s Stock Steers Into Triangle And Looks To Choose Direction

By Melanie Schaffer

Today, 5:20 AM

With an abundance of news on a weekly basis, it's no wonder Tesla Inc’s (NASDAQ: TSLA) stock can swing wildly. Traders and investors also have to be prepared for how CEO Elon Musk’s tweets can affect Tesla’s stock price.

TSLA

1 minute read

Will Galecto Stock Shareholders Get Crushed By A Round Trip?

By Mark Putrino

Today, 5:20 AM

Shares of Galecto, Inc. (NASDAQ: GLTO) staged a nasty reversal on Thursday. The stock was so volatile that the trading was halted by the exchange a few times. This is done to give people a chance to step away from the frenzy and think about their decisions.

GLTO

1 minute read

Thinking About Buying Stock Or Options In Tilray, Ocugen, Biogen Or Snowflake?

By Henry Khederian

Today, 5:20 AM

One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

BIIB

1 minute read

McDonald’s And Microsoft Lead The Dow Jones In A Mixed Day Of Trading

By Henry Khederian

Today, 5:20 AM

U.S. indices are trading higher despite worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.

AAPL

1 minute read

Why Workhorse Shares Are Getting Hammered Today

By Henry Khederian

Today, 5:20 AM

Workhorse Group Inc (NASDAQ: WKHS) shares are trading lower by 10.6% at $15.10 as the stock pulls back following its recent retail-driven surge.

RIDE

2 minute read

Heat Biologics Surges On Patent Filing

By Tyler Bundy

Today, 5:20 AM

Heat Biologics Inc. (NASDAQ: HTBX) shares traded higher Thursday after the company filed for a patent titled “GP96-Based Cancer Therapy.” The stock was trending on StockTwits throughout the day and is likely also moving as retail traders push the stock higher.

HTBX

2 minute read

Why This News Could Help KemPharm Stock Break Out: A Technical Analysis

By Tyler Bundy

Today, 5:20 AM

KemPharm Inc. (NASDAQ: KMPH) shares moved higher Thursday after it was announced the company is being added to the Russell 3000 and Russell 2000 indexes based on the index provider's annual reconstitution.

KMPH

1 minute read

Why Wells Fargo And Bank Of America Shares Are Trading Lower Today

By Henry Khederian

Today, 5:20 AM

Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC) shares are trading lower by 1.2% and 0.9%, respectively, Thursday afternoon following worse-than-expected U.S. jobless figures and inflation data.

BAC

1 minute read

Has TRxADE HEALTH Stock Broken Critical Long-Term Resistance?

By Mark Putrino

Today, 5:20 AM

Markets have memories. This means that a particular support or resistance level can stay in place for a long-time. This has been the case with the $7.95 level for shares of TRxADE HEALTH, Inc. (NASDAQ: MEDS), but this critical long-term resistance level may finally have broken.

MEDS