70 Biggest Movers From Friday
Gainers
GTY Technology Holdings Inc. (NASDAQ: GTYH) shares climbed 115.2% to close at $6.09 as the company agreed to be acquired by GI Partners.
48 Stocks Moving In Friday’s Mid-Day Session
Gainers
Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.
Scilex Holding Company, A Majority-Owned Subsidiary Of Sorrento Therapeutics Enters Into Non-Binding Term Sheet For $5B Committed Equity Financing Facility To Be Effective In Connection With The Closing Of The Merger With Vickers Vantage
Scilex Holding Company ("Scilex"), a majority-owned subsidiary of Sorrento Therapeutics, Inc. (NASDAQ:SRNE, ", Sorrento", )))), a commercial biopharmaceutical company focused on developing and
Merger Arbitrage Mondays – Google (GOOG) Acquires Cybersecurity Firm Mandiant (MNDT)
Merger activity declined last week with three new deals announced and five deals completed. Two of the three new deals announced were potential deals in the works. I was surprised to see that four SPAC combinations were terminated. Clearly the SPAC bubble continues to deflate due to unfavorable market conditions.
Insiders Buy More Than $80M Of 3 Stocks
Although US stock futures traded higher this morning on Friday, there were a few notable insider trades.
Monday Is Your Last Chance To Buy B. Riley Financial Before The Dividend Payout
Monday marks the last chance for investors to receive the next dividend payout from B. Riley Financial (NASDAQ:RILY).
Earnings Scheduled For February 23, 2022
Companies Reporting Before The Bell
• Sapiens Intl Corp (NASDAQ:SPNS) is likely to report earnings for its fourth quarter.
B. Riley Financial Reports Purchase Of FocalPoint Securities For $175M
B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified provider of business advisory and financial services, today announced it has agreed to acquire FocalPoint
B. Riley Financial Q3 EPS $2.10 Up From $2.05 YoY, Sales $381.50M Up From $226.25M YoY
B. Riley Financial (NASDAQ:RILY) reported quarterly earnings of $2.10 per share. This is a 2.44 percent increase over earnings of $2.05 per share from the same period last year. The company reported $381.50 million in
Earnings Scheduled For October 28, 2021
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.