Mid-Afternoon Market Update: Dow Dips 500 Points; ImmunoGen Shares Spike Higher
Toward the end of trading Tuesday, the Dow traded down 1.44% to 34,628.69 while the NASDAQ fell 1.34% to 15,571.16. The S&P also fell, dropping 1.36% to 4,592.03.
Mid-Day Market Update: Barnes & Noble Education Drops Following Q2 Results; Cumberland Pharmaceuticals Shares Jump
Midway through trading Tuesday, the Dow traded down 0.88% to 34,827.81 while the NASDAQ fell 0.78% to 15,659.31. The S&P also fell, dropping 0.3832% to 4,616.53.
Read Why Shares Of Nano Cap Cumberland Pharma More Than Doubled
The FDA has approved expanded labeling for Cumberland Pharmaceuticals Inc’s (NASDAQ:CPIX) Caldolor, an intravenously delivered formulation of ibuprofen, to now include use…
The Daily Biotech Pulse: Double Dose Of Positive Tidings For Merck, Alkermes Slips On Partial Termination Of J&J Licensing Deal, Amgen Migraine Drug Data
Here's a roundup of top developments in the biotech space over the last 24 hours:
64 Biggest Movers From Yesterday
Gainers
Pioneer Power Solutions, Inc. (NASDAQ: PPSI) shares jumped 219% to close at $10.40 on Monday after the company announced the launch of its E-Boost portfolio of mobile Electric Vehicle charging solutions for a full range of applications.
Earnings Scheduled For November 9, 2021
Companies Reporting Before The Bell
• Imara (NASDAQ:IMRA) is projected to report earnings for its third quarter.
• KT (NYSE:KT) is projected to report earnings for its third quarter.
Cumberland Q2 EPS $0.08 Beats $(0.07) Estimate, Sales $9.06M Beat $8.57M Estimate
Cumberland (NASDAQ:CPIX) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $(0.07) by 214.29 percent. This is unchanged from the same period last year. The company reported