Is Cathie Wood Selling Roku Stock at the Worst Possible Time? — Positive
ROKU The Motley Fool — November 17, 2023Roku stock has soared 120% this year, and Cathie Wood is trimming her exposure to her third-largest holding. Revenue growth continues to accelerate, and key metrics have turned the corner.
ChargePoint adjusted revenue estimates and now expects a year-over-year decline. The company replaced both its CEO and its CFO.
Why CRISPR Therapeutics Stock Is Jumping Again Today — Positive
CRSP The Motley Fool — November 17, 2023CRISPR Therapeutics stock continued to rise after the company received U.K. approval for Casgevy (exa-cel). The company and its partner, Vertex Pharmaceuticals, could have more good news on the way.
GitLab Stock Downgraded on Risk-Reward Ratio — Negative
GTLB Schaeffers Research — November 17, 2023Barclays downgraded GitLab Inc (NASDAQ:GTLB) stock to "equal weight" from "overweight" earlier, noting its short-term risk-reward ratio looks less appealing.
Tenet Healthcare Selling Hospitals; Stock Surges — Positive
THC Schaeffers Research — November 17, 2023The shares of Tenet Healthcare Corp (NYSE:THC) are surging today, after news that the company is selling three of its South Carolina hospitals for about $2.4 billion.
Stocks are down today but it's not due to any negative news affecting the market on Friday! Instead, the stock market is simply retreating after undergoing a recent rally throughout this week.
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against James River Group Holdings, Ltd. — Neutral
JRVR Business Wire — November 17, 2023BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming January 12, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) securities between August 7, 2023 and November 7, 2023 inclusive (the “Class Period”). Investors suffering losses on their James River investments are encouraged to contact the Law Offices of Howard G. Smith.
OTLK Investors Have Opportunity to Lead Outlook Therapeutics, Inc. Securities Fraud Lawsuit — Neutral
OTLK PRNewsWire — November 17, 2023LOS ANGELES , Nov. 17, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Outlook Therapeutics, Inc. ("Outlook" or the "Company") (NASDAQ: OTLK).
PCT Investors Have Opportunity to Lead PureCycle Technologies, Inc. Securities Fraud Lawsuit — Neutral
PCT PRNewsWire — November 17, 2023LOS ANGELES , Nov. 17, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against PureCycle Technologies, Inc. ("PureCycle" or the "Company") (NASDAQ: PCT).
NKLA Investors Have Opportunity to Lead Nikola Corporation Securities Fraud Lawsuit — Neutral
NKLA PRNewsWire — November 17, 2023Shareholders with losses of $100,000 or more are encouraged to contact the firm. BENSALEM, Pa.
KVUE Investors Have Opportunity to Lead Kenvue Inc. Securities Fraud Lawsuit — Neutral
KVUE PRNewsWire — November 17, 2023LOS ANGELES , Nov. 17, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Kenvue Inc. ("Kenvue" or the "Company") (NYSE: KVUE).
IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Li-Cycle Holdings Corp. with Losses of $100,000 to Contact the Firm — Neutral
LICY Accesswire — November 17, 2023LOS ANGELES, CA / ACCESSWIRE / November 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Li-Cycle Holdings Corp. ("Li-Cycle" or "the Company") (NYSE:LICY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 14, 2022 and October 23, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before January 8, 2024.
IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Illumina, Inc. with Losses of $100,000 to Contact the Firm — Neutral
ILMN Accesswire — November 17, 2023LOS ANGELES, CA / ACCESSWIRE / November 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Illumina, Inc. ("Illumina" or "the Company") (NASDAQ:ILMN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 1, 2023 and October 16, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before January 9, 2024.
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AzureManagedServices--ISG has launched a research study examining service providers supporting Microsoft cloud products for enterprises and U.S. public sector agencies.
Dropbox parterns with Nvidia to deliver generative AI-powered tools to users — Positive
DBX NVDA Proactive Investors — November 17, 2023Dropbox Inc (NYSE:DBX) and Nvidia Corporation (NASDAQ:NVDA) announced a partnership Friday intended to give Dropbox users enhanced productivity tools fueled by artificial intelligence. The file-hosting company plans to utilize Nvidia's AI foundation models, enterprise software and accelerated computing, according to a statement.
Small cap tech concern, Semtech Corporation, has been hit by a downturn in the semiconductor cycle and an ill-timed acquisition of Sierra Wireless, resulting in violations of its net leverage credit covenants. The company has a new CEO, aggressive cost reduction initiatives, and signs that the semiconductor cycle may be bottoming, as well as recent insider buying in the shares. Semtech's stock has been down sharply, but analysts have mixed opinions on the company's future, with some optimistic about its prospects and others concerned about the acquisition and market demand.
Weight loss drugs Wegovy and Zepbound to debut in pill form — Positive
NVO Proactive Investors — November 17, 2023Popular weight loss drugs Wegovy and Zepbound will soon be available in pill form. Pharmaceutical giants Novo Nordisk (NYSE:NVO) and Eli Lilly and Co (NYSE:LLY) are actively promoting pill versions of their successful weight-loss drugs, expected to hit the market as early as next year, Bloomberg reported.
FMC eyes non-core asset sales to boost profitability — Positive
FMC Proactive Investors — November 17, 2023FMC Corporation announced on Friday that it is conducting a strategic review of its non-core assets, which includes a potential sale of its non-crop product line, Global Specialty Solutions. The crop protection products maker has seen its earnings for most of the year hurt by a slowdown in demand for herbicide and pesticides.
Oaktree Specialty Lending: 11.4% Yield, Special Distribution, 1.01x NAV — Positive
OCSL Seeking Alpha — November 17, 2023Oaktree Specialty Lending Corporation has an 86% Senior Secured Lending focus. The company had an 89% dividend pay-out ratio in the last quarter, suggesting the dividend is well-covered. While the stock is not selling at a discount to NAV, it remains a solid hold for passive income investors.