Shares of biopharmaceutical company Sorrento Therapeutics were soaring higher on high trading volume on Friday after Wall Street learned of an upbeat assessment from the company over results of a preclinical experiment of its COVID-19 virus antibody. The stock jumped 153% as a result and the stock was the most actively traded on major U.S. … Continue reading “Sorrento Therapeutics Soars on Upbeat Results of Preclinical COVID-19 Virus Antibody”
Hot Stocks
Amazon Will Be Ending This in June and Some May Be Very Unhappy
E-commerce giant Amazon confirmed this week to CNBC that it would be ending wage increases…
Some Tesla Workers Are Being Forced to Work
According to a memo from Tesla HR to the company's employees, some workers may not…
Cisco Profit Heads Higher Despite Coronavirus Pandemic
Cisco Systems Inc. reported its third quarter financial results on Wednesday and shares went soaring…
Elon Musk Threatens to Move Tesla Out of State and Defies Orders by Restarting Factory
This past weekend very vocal chief executive Elon Musk tweeted that he would move his…
Nvidia Hits a Record High After Buying Mellanox Technologies
Shares of Nvidia were soaring on Monday and even hit a record high as the…
Facebook Will Let Most of its Employees Work From Home All Year
With the coronavirus pandemic still going on and many companies concerned about social distancing, Facebook…
Coronavirus Helps Peloton Shares Explode
With the coronavirus pandemic having more people staying indoors, sales of fitness equipment have been…
Papa John’s Has its Best Month in Company History
It's only natural that with more people stay inside due to coronavirus, that food delivery…
Dropbox Shares Move Higher as Company Beats on Revenue and Adjusted Earnings
Shares of drop file hosting service company Dropbox were soaring after the company posted its…
Beyond Meat Shares Explode on Q1 Revenue Soaring 141%
Shares of alternative meat company Beyond Meat were soaring in after-hours trading on Tuesday after…
Mattel Shares Drop as Toy Demand Dwindles
Shares of toy maker Mattel were dropping almost 12% in early-morning trading Wednesday after the…
Disney Reports Earnings and Reveals a 58% Drop in Operating Income from Parks and Cruises
With the coronavirus pandemic causing a lockdown across the world and businesses to shutter their…
Facebook Appoints Members Who Can Overrule CEO Zuckerberg
On Wednesday social media giant has named the first members of its oversight board who…
