$CLRO

Vivani Announces Entry into Merger Agreement Between Wholly Owned Subsidiary Cortigent, Inc. and Nasdaq-listed ClearOne, Inc.

GlobeNewswire Inc. · 7/2/2026, 12:00:00 PM

Vivani Medical announced a definitive merger agreement to merge its wholly owned subsidiary Cortigent, Inc. with ClearOne, Inc. Under the transaction, Cortigent will become a wholly owned subsidiary of ClearOne, which will be renamed Cortigent Holdings, Inc. and trade under ticker symbol 'CRGT'. ClearOne will raise $10-15 million in concurrent financing. Vivani will receive 12.5 million shares and own 59.4-67.5% of the combined company. The transaction is expected to close in Q3 2026.

Why Fastenal Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga · 4/11/2024, 5:33:07 PM

Shares of Fastenal Company (NASDAQ: FAST) fell sharply during Thursday’s session following worse-than-expected first-quarter financial results. Fastenal reported first-quarter FY24 sales growth of 1.9% Y/Y to $1.895 billion, missing the consensus of $1.914 billion. The company's first-quarter EPS was 52 cents, missing the consensus of 53 cents. Fastenal shares dipped 6.7% to $69.73 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Rallybio Corporation (NASDAQ: RLYB) shares climbed 89.6% to $3.09 after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT. Rent the Runway, Inc. (NASDAQ: RENT) shares jumped 74.5% to $12.91 after the company reported mixed fourth-quarter financial results and issued guidance. Eliem Therapeutics, Inc. (NASDAQ: ELYM) jumped 59.6% to $4.2650. The company announced that it entered into a definitive acquisition agreement to acquire Tenet and it also entered into a securities purchase agreement for a $120 million private placement. Akanda Corp. (NASDAQ: AKAN) gained 36% to $0.1632. Akanda, last month, announced a plan to evaluate opportunities in Bitcoin, Blockchain and AI applications in the cannabis industry. Alpine Immune Sciences, Inc. (NASDAQ: ALPN) rose 36.6% to $64.25 after Vertex entered into an agreement to acquire the company. Candel Therapeutics, Inc. (NASDAQ: CADL) surged 29.6% to $6.61 after the company received FDA orphan drug designation for CAN-2409 for the treatment of pancreatic cancer. Enliven Therapeutics, Inc. (NASDAQ: ELVN) gained 26% to $24.97. Enliven Therapeutics announced proof ...

Nasdaq Gains Over 50 Points; US Producer Prices Increase In March

Benzinga · 4/11/2024, 1:41:48 PM

U.S. stocks traded mostly higher this morning, following the release of PPI data. Following the market opening Thursday, the Dow traded up 0.03% to 38,472.80 while the NASDAQ rose 0.40% to 16,234.94. The S&P 500 also rose, gaining, 0.17% to 5,169.21. Check This Out: How To Earn $500 A Month From Citigroup Stock Ahead Of Q1 Earnings Report   Leading and Lagging Sectors   Real estate shares rose by 0.6% on Thursday. In trading on Thursday, financial shares fell by 0.1%.   Top Headline   Producer prices in the U.S. rose 0.2% month-over-month in March compared to a 0.6% gain in February. However, analysts were expecting a gain of 0.3%.   Equities Trading UP   Rallybio Corporation (NASDAQ: RLYB) shares shot up 95% to $3.1793 after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT. Shares of Eliem Therapeutics, Inc. (NASDAQ: ELYM) got a boost, ...

Why Rallybio Shares Are Trading Higher By Around 78%; Here Are 20 Stocks Moving Premarket

Benzinga · 4/11/2024, 10:14:41 AM

Shares of Rallybio Corporation (NASDAQ: RLYB) rose sharply in today’s pre-market trading after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT. Rallybio shares jumped rose 77.9% to $2.90 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Rent the Runway, Inc. (NASDAQ: RENT) shares rose 40.8% to $10.42 in pre-market trading after the company reported mixed fourth-quarter financial results and issued guidance. Alpine Immune Sciences, Inc. (NASDAQ: ALPN) gained 36.1% to $64.02 in pre-market trading after Vertex entered into an agreement to acquire the company. TuanChe Limited (NASDAQ: TC) shares gained 24.4% to $2.24 in pre-market trading after falling 8% on Wednesday. Verb Technology Company, Inc. (NASDAQ: VERB) gained 18.5% to $0.2156 in pre-market trading after gaining 4% on Wednesday. Vera Therapeutics, Inc. (NASDAQ: VERA) climbed 13.1% to $47.06 in pre-market trading ...

How Communities Impact Penny Stocks, 3 Ways

PennyStocks · 3/13/2024, 10:18:00 AM

Here's how communities impact penny stocks in 2024 The post How Communities Impact Penny Stocks, 3 Ways appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.