Retractable Technologies jumps after getting notice of intent to extent government contract Jun. 01, 2021 1:57 PM ETRetractable Technologies, Inc. (RVP) Retractable Technologies(NYSE:RVP) soared 23% after announcing that the company received a notice from the U.S Dept. of Health and Human Services expressing its intent to exercise all seven one-month options periods under a contract with the agency. Such options exercises would extend the contract expiration date until Feb. 14. The option period increases the value of the contract by $92.8M including the price of the products and freight reimbursement, according to a statement. The news today comes after Bleeker Street Research released a short report on the company in late April. Retractable short interest 20%of free float. Now up 15%
Factors including the fall in COVID-19 cases in the U.S. and other developed nations, the acceleration in global vaccination drive, the updated guidance on testing for fully vaccinated people in the U.S. have “suddenly and fundamentally impacted market demand for COVID-19 testing,” the company said. ABT 112.86K Abbott Laboratories 107.05 -9.60(-8.23%)
Visa stock poised to climb after May pullback, Piper Sandler technician says Jun. 01, 2021 1:32 PM ETVisa Inc. (V)By:Piper Sandler Chief Market Technician Craig Johnson expects that Visa's(V-0.3%)pullback in Maymay setthe stock upto climb higher. "We think upside from here on the shares will be up to about $285, so about 25% upside from here so we’d be a buyer of Visa heading into June," Johnson told CNBC in its "Trading Nation" segment.
Butterfly Network gains after insider buying worth ~$2.1M Director Larry Robbins' Glenview Capital Management raises stake in Butterfly Network(NYSE:BFLY)with the purchase of 189,905 shares at the price range of $11.03 - $11.13 per share, according to itslatest Form 4 filing. The news sent the stock up 5% in mid-day trading session. Ownership structure of the company: The announcement follows the recent additions Larry Robbins disclosed in 13F filing.
Topps trading card SPAC Mudrick Capital II drops after Major League Baseball agrees to NFT deal with a competitor ha ha ha ha Topps trading card SPAC Mudrick Capital II(NASDAQ:MUDS) dropped 12% after Candy Digital, a new company formed by Fanatics Chairman Michael Rubin, entered into an licensing deal with Major League Baseball for nonfungible tokens ("NFTs"). Candy Digital was founded by Rubin, who is part owner of the Philadelphia 76ers, Mike Novogratz, founder of crypto merchant bank Galaxy Digital, and Gary Vaynerchuk, a serial entrepreneur and investor. Candy Digital is building MLB's official NFT ecosystem where fans and collectors will be able to purchase, trade and share officially licensed NFTs, according to apress release. Candy will use a new NFT ecosystem developed on Ethereum(NYSE:ETH)as its core blockchain technology. The Candy Digital MLB deal comes after Mudrick, which announced in April adeal take Topps trading cards publicin deal valued at $1.3B, beganselling baseball NFTsthrough the WAX blockchain in late April. MUDS has dropped over 30% since hitting a high in early May after enthusiasm for NFTs has faded. Former Disney CEO Michael Eisner will remain chairman of Topps when it goes public.
With ketamine candidate, Cantor initiates Seelos with overweight Cantor Fitzgerald has initiated shares of Seelos Therapeutics(NASDAQ:SEEL)with an overweight rating and a $10 price target. That assumes upside of ~225%. Analyst Charles Duncan writes SLS-002, an inhaled version of racemic ketamine for suicidal ideation in major depressive disorder, could potentially address a wider range of psychiatric indications. He adds that part two of a phase 2 study, expected to begin in the near-term, could potentially be used as a pivotal study. Man I used to know this midget drug dealer Bobby. He used this ketamine and forget about it. The next day you are in severe depression- they call it the K-Hole. I'm pretty sure Bobby died. Can't see using this in medicine although Xtasy I'm all for...
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Wow you are already getting a 6% Div!!! AB Volvo (publ) (VLVLY) Other OTC - Other OTC Delayed Price. Currency in USD $27.27+0.88 (+3.33%) As of 2:20PM EDT. Forward Dividend & Yield 1.75 (6.65%) + Specilal Div- $9.50 SEK 9.5Swedish Krona equals =$1.15 United States Dollar////////// Not as much as I thought -AB Volvo's Board of Directors proposes that the proceeds from the sale of UD Trucks are to be distributed to the shareholders and will convene an Extraordinary General Meeting for a resolution on the proposal. The proposal entails a distribution ofSEK 9.50per share, corresponding to approximatelySEK 19 billion. The Extraordinary General Meeting will be held onJune 29, 2021. "The Board believes that the Volvo Group's improved profitability, resilience in downturns and strong financial position enable a distribution of the proceeds from the sale of UD Trucks to the shareholders," says AB Volvo's ChairmanCarl-Henric Svanberg. "Even after the distribution, the Group is financially strong with resources to invest in future technologies and business models that drive the transition to fossil-free transports and a more sustainable society."
J&J got Special K approved a few years back. It's not the stuff that sends one through the key-hole though Stoney.... I covered it actually.... https://www.elitetrader.com/et/threads/jnj-to-sell-special-k.329831/ Hey... but its funny you bring up Skittles... because if approving keta wasn't enough... here ya go.... MDNA is next... https://www.nytimes.com/2021/05/03/health/mdma-approval.html Edit: Oh btw... Our beloved SNAP is breaking north. New all-time-high cometh. -vz