Crowdstrike initiated with an Outperform at Cowen 16:36 CRWD Cowen analyst Shaul Eyal initiated coverage of Crowdstrike with an Outperform rating and $250 price target as part of a broader research note on Cybersecurity, also designating the stock as a Top Pick. The company is disrupting EPP/EDR markets by displacing incumbent providers and moving rapidly into adjacent markets such as Vulnerability Management, Cloud Security, the analyst tells investors in a research note. Eyal further cites Crowdstrike's "sizable" total addressable opportunity of $40B in FY23, enabling its revenue growth rate of 30%-50%.
Ironwood to partner with Teva on LINZESS prior to patent expiration 16:02 IRWD, ABBV, TEVA The company states: "Ironwood Pharmaceuticals (IRWD), announced that, with its partner AbbVie (ABBV), the companies have reached an agreement with Teva Pharmaceuticals USA (TEVA) providing a license to Teva's abbreviated new drug application seeking approval to market a generic version of 72 mcg LINZESS prior to the expiration of the companies' applicable patents. With this agreement, the companies have settled with the filers of all known ANDAs to date seeking approval to market generic versions of LINZESS. Pursuant to the terms of the agreement, Teva will be granted a license to market its 72 mcg generic version of LINZESS in the United States beginning March 31, 2029, subject to U.S. FDA approval, unless certain limited circumstances, customary for settlement agreements of this nature, occur. Previously, Ironwood and Allergan granted Teva a license to market its 145 mcg and 290 mcg generic versions of LINZESS in the United States beginning on the same date. That grant was in connection with a settlement resolving all previous Hatch-Waxman litigation between the companies and Teva regarding LINZESS patents pending in the U.S. District Court for the District of Delaware. Additional details regarding the settlements were not disclosed."
Paysafe services are currently live in 15 states supported by over 35 operators including companies like DraftKings Inc (DKNG) and Caesars Entertainment Inc (CZR) which support Paysafe as a payment option. In essence, players fund their betting accounts through a Paysafe transaction. The company notes research data suggesting the U.S. iGaming market is expected to grow at a compound annual growth rate of 55% through 2025 including the addition of several states set to legalize some form of online gambling over the next year.
The Big Short pt 3. AMC, up 20%, gets an upgrade to Neutral from CFRA on recovery upside, but theaters are empty & dirty and look like crap/The movies suck and nothing is out worth going to the expense and time of having your shoes stick to the floor at an AMC. Food stands quiet as a mouse and probably with a mouse or two... Dirty dirty... no upkeep quiet no patrons. May 26, 2021 3:16 PM ETAMC Entertainment Holdings, Inc. (AMC)AMC Entertainment Holdings, Inc. (AMC) AMC has gained not only from a Reddit/WallStreetBets fervor driving so-called "meme stocks" but also the growing consensus that better times are closer at hand for the cinema business. Shares areup 19.6%today, and are66% higherthan a month ago.<-- and nobody is in the theater... ZERO. (this is midday to 2:00pm on a really nice day)
The Adventures Of A Gummy- Day 2 Clene Inc. (CLNN) NasdaqCM - NasdaqCM Real Time Price. Currency in USD 10.43+0.91 (+9.56%)<------- At close: May 26 4:00PM EDT $10.80+0.37 (3.55%)<-------------- Pre-Market:07:46AM EDT
Q1 Financial and Operational Highlights: Total revenue was $26.9 million, up 108% year over year Subscriber revenue of $13.8 million, up 84% year over year Annual Recurring Revenue (ARR) of $55.2 million Spaces Under Management (SUM) grew to 4.9 million, up 88% from a year ago, surpassing 5 million in April Subscribers increased to 331,000, up 531% year over year Broadened market reach with the release of Matterport Capture app on Android Added LiDAR Support to Matterport for iPhone to capitalize on Apple's new depth sensor and increase the fidelity and accuracy of Matterport digital twins Increased the capabilities of Capture Services™, our online services platform that delivers a convenient turnkey solution for enterprises seeking to rapidly scale the digitization of their global real estate assets Expanded into South Africa and the Middle East by establishing relationships with key value added resellers Invested for growth by increasing total headcount by more than 20% from a year ago. Recent key leadership hires include VP of Solutions Engineering, VP of Customer Operations, VP of Investor Relations, and VP of International Marketing. In February, announced a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW) and in April, Gores Holdings VI filed a Registration Statement on Form S-4 relating to the transaction "We are pleased to report another record quarter, with revenue more than doubling from the same period a year ago. As demand to digitize the built world continues to rise, our subscriber base has increased exponentially, bolstered by big advances across our iPhone, Android, and Enterprise platform and service offerings," said RJ Pittman, Chief Executive Officer of Matterport. "This quarter once again reflects our enduring, strong execution – across product innovation, expanding service offerings, extended global reach, and most importantly, adding to our world-class talent base. We have also made excellent progress on our proposed merger with Gores Holdings VI, and the closing is on track for early in the third quarter. This transaction enables Matterport to more aggressively achieve significant global scale as a public company. Matterport has been digitizing the built world for a decade and we are very well positioned to capitalize on this enormous opportunity in front of us," Pittman added.
It's always dangerous when I just conjure up a name but 99% of the time-these are the stocks that really work. I don't know why. Van wanted to get into Bio i wanted to give him an interesting name- I spat out one I liked in the past that is down significantly and to me viewed as cheap with a lot of upside-- That Brings us To SPRO. Of course it has started to move. 1/2 of me wants to Go Large on CLNN. Not so sure this is a flip> 1/2 of me wants in on SPRO>