All about the new-issue market as credit spreads tighten further bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Shares of Stealth BioTherapeutics Corp (NASDAQ: MITO) got a boost, shooting 33% to $1.5950. Stealth BioTherapeutics presented at the Association for Research in Vision and Ophthalmology meeting with positive data from a post hoc analysis of the Phase 1 ReCLAIM study evaluating elamipretide in patients with non-central geographic atrophy and high risk drusen associated with dry age-related macular degeneration.
Avid Technology, Inc. (NASDAQ: AVID) shares were also up, gaining 21% to $26.28 after the company reported better-than-expected Q1 results and raised FY21 guidance.
Equities Trading DOWN
James River Group Holdings, Ltd. (NASDAQ: JRVR) shares tumbled 30% to $32.34 after the company swung to a loss in the first quarter. The company also priced its 5.65 million share common stock offering at $31 per share.
Shares of Stealth BioTherapeutics Corp (NASDAQ: MITO) got a boost, shooting 46% to $1.75. Stealth BioTherapeutics presented at the Association for Research in Vision and Ophthalmology meeting with positive data from a post hoc analysis of the Phase 1 ReCLAIM study evaluating elamipretide in patients with non-central geographic atrophy and high risk drusen associated with dry age-related macular degeneration.
Avid Technology, Inc. (NASDAQ: AVID) shares were also up, gaining 21% to $26.29 after the company reported better-than-expected Q1 results and raised FY21 guidance.
Equities Trading DOWN
James River Group Holdings, Ltd. (NASDAQ: JRVR) shares tumbled 31% to $31.88 after the company swung to a loss in the first quarter. The company also priced its 5.65 million share common stock offering at $31 per share.
Shares of Lexaria Bioscience Corp. (NASDAQ: LEXX) got a boost, shooting 35% to $6.81 after the company disclosed successful results from first 2021 study, HYPER-A21-1.
Sally Beauty Holdings, Inc. (NYSE: SBH) shares were also up, gaining 22% to $24.68 after the company reported better-than-expected Q2 results.
Equities Trading DOWN
James River Group Holdings, Ltd. (NASDAQ: JRVR) shares tumbled 31% to $31.97 after the company swung to a loss in the first quarter. The company also priced its 5.65 million share common stock offering at $31 per share.
Shares of Yellow Corporation (NASDAQ: YELL) were down 31% to $6.62 after the company reported worse-than-expected Q1 EPS results.
PureCycle Technologies, Inc. (NASDAQ: PCT) was down, falling 34% to $16.33.
Inflows drop to half a billion while primary holds rates steady bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.