Articles

EyePoint Pharmaceuticals’ stock plunges as eye treatment fails to meet trial goal

Shares of EyePoint Pharmaceuticals dropped nearly 30% premarket on Monday after the company said its experimental eye disease treatment failed to meet a clinical trial’s main goal.

Trump’s war against short-sellers appears to be paying dividends as DJT’s stock rises

Ever since the former president’s media company began blaming Truth Social’s stock woes on naked short selling, its share price has more than doubled.

Clean-energy producer Allete agrees to go private for $6.2 billion

Canada Pension Plan Investment Board and Global Infrastructure Partners team up to pay $67 a share.

Treasury yields decline toward 1-month lows as expectations for Fed rate cuts mount

Treasury yields declined toward their lowest levels in nearly a month on Monday as hopes for multiple Federal Reserve interest-rate cuts later this year helped boost demand for bonds.

Bowlero’s stock slides 10% premarket after earnings fall short of estimates and company offers soft guidance

Chief Executive and Founder Thomas Shannon said the quarter started slowly due to weather.

TD Bank’s stock selloff on money-laundering report is overblown, says KBW analyst

TD Bank’s transgressions don’t appear to be as extensive as those of HSBC a decade ago, one analyst says.

Tyson Foods’ stock rallies as strength in beef and pork sales fuel a profit beat

Shares of Tyson Foods Inc. climbed toward a 15-month high in premarket trading Monday, after the meats company reported a fiscal second-quarter profit that rose well above expectations — the first bottom-line growth in two years — as strength in beef and pork sales offset weakness in chicken.

Micron’s stock is among the S&P 500’s best this year. Why it just got upgraded.

Baird sees “meaningful upside opportunities” for Micron and notes a recent pullback in the stock.

Morgan Stanley’s Mike Wilson offers a playbook to cope with the cautious consumer

Morgan Stanley’s chief investment officer says investors need to lean on consumer staple companies in hard times.

Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit

Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and cat-food company reported a surprise first-quarter profit, citing to higher sales, improved gross margin and lower logistics costs.

Spirit Airlines’ stock slides premarket after posting wider-than-expected first-quarter loss

Airline is now focused on its future as a standalone business after its planned merger with JetBlue was called off in March.

Oil kicks off week with gains after Saudi Arabia raises prices to Europe, Asia

Oil prices attempt to claw back some of last week’s decline after Saudi Arabia raises crude prices.
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