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MindMed's Shares Drop 50% On $30M Public Offering
Wednesday, September 28, 2022 - 8:23am | 444Read More...Mind Medicine Inc. (NASDAQ: MNMD) (NEO:MMED), a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, announced the pricing of its underwritten public offering of 7 million common shares, together with accompanying warrants to purchase 7 million common...
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Silver Spike Investment Corp. Prices Initial Public Offering At $85M
Friday, February 4, 2022 - 8:24am | 279Read More...Cannabis-focused finance company Silver Spike Investment Corp. priced its initial public offering of 6.07 million shares of its common stock at $14.00 per share. Shares of common stock of SSIC are expected to begin trading on the NASDAQ Stock Market on February 4, 2022 under the symbol “SSIC...
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Wall Street Analysts React To Illumina's Concerning Outlook, Ensuing 25% Drop In Shares
Tuesday, October 11, 2016 - 4:57pm | 642Read More...Illumina, Inc. (NASDAQ: ILMN)'s warning issued Monday after the close created quite a stir in the markets, with traders punishing the stock with a massive selloff. The stock was down over 25 percent to its lowest level in over three months. The news of the potential shortfall in the third-quarter...
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Cantor Reviews Infosys' Yearly Guidance, Cuts Price Target
Tuesday, July 19, 2016 - 3:53pm | 309Read More...Infosys Ltd ADR (NYSE: INFY) cut its FY17 constant currency (cc) revenue guidance to 10.5–12.0 percent from 11.5–13.5 percent after lower-than-expected second-quarter results. Infosys' guidance cut surprised the market, as the software maker stated last month that full-year guidance...
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Ignyta's Entrectinib Data May Come By Year's End; Cantor Keeps Buy Rating, But Stock Slips 4%
Friday, June 17, 2016 - 2:04pm | 300Read More...Cantor analyst Mara Goldstein likes Ignyta Inc (NASDAQ: RXDX) shares for the opportunity provided by Entrectinib, which has multiple indications. As a result, she is confident that the drug could generate a bigger market than expected. The brokerage reiterated its rating of Buy and kept $18.00 as...
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Squali: Amazon Will 'Rip' If This Happens
Thursday, January 28, 2016 - 2:41pm | 272Read More...Amazon.com, Inc. (NASDAQ: AMZN) or Alibaba Group Holding Ltd (NYSE: BABA)? Cantor analyst Youssef Squali was recently asked the question on CNBC. 'I Would Go With Amazon' "I would go with Amazon," Squali said. "Again, because the U.S. economy is doing better, the U...
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Cantor's Brian White: F5 Networks Has 'Modest Upside' This Quarter
Tuesday, July 21, 2015 - 1:35pm | 350Read More...Shares of F5 Networks, Inc. (NASDAQ: FFIV) were rising on Tuesday ahead of the company’s third quarter financial results, scheduled for after the market closes on Wednesday. This will be the first earnings report since Manny Rivelo took over as the company’s CEO on July 1,...
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LinkedIn Q4 Earnings Preview
Thursday, February 5, 2015 - 4:52pm | 181Read More...LinkedIn Corp (NYSE: LNKD) reports Q4 earnings on Thursday. The Street expects revenue of $616.83 million and EPS of $0.53. Cantor expected solid results with revenue of $610.5 million and EPS of $0.51. JP Morgan believed “the company has built a strong moat with limited direct vertical...
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Tableau Software Analyst Roundup Following Q3 Results
Friday, November 7, 2014 - 1:25pm | 544Read More...Tableau Software Inc (NYSE: DATA) reported Q3 financials Wednesday with strong results. The stock spiked Thursday and was trading at $84.50 on Friday, up 0.38 percent. Analysts had positive comments for the company. Below are current analyst ratings and price targets. Cantor - Buy, $...
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Twitter Analyst Roundup On Q3 Report
Tuesday, October 28, 2014 - 4:53pm | 1005Read More...Twitter Inc. (NYSE: TWTR) reported 3Q 2014 results Monday and disappointed many investors with lower than expected growth in Monthly Active Users (MAUs). Twitter Inc. fell sharply on the news, trading at $43.98 Tuesday afternoon, down 9.43 percent. Below are rating changes with current price...
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Apple Pay To Have Limited Impact On PayPal, Says Cantor Fitzgerald
Thursday, September 11, 2014 - 9:24am | 105Read More...In a note released Thursday, Cantor analyst Youssef Squali detailed his view of how Apple Pay will impact Paypal. Squali said, due to the scope -- point-sale and in-app purchase limited to iPhone 6 and Apple Watch -- Apple Pay is likely to have a limited impact on PayPal's revenue in the...
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LinkedIn, Down 17% Year To Date, May Offer Stronger 2H Outlook
Tuesday, July 29, 2014 - 11:16am | 317Read More...LinkedIn (NYSE: LNKD) shares are down 17.5 percent year to date and when the company posts results Thursday, investors will look for signs of a slow-down in revenue growth as well as how markets in Asia are shaping up. CEO Jeffrey Weiner wants to see membership grow to more than 300 million....
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Analysts Comment On Apple Before Q3 Earnings
Monday, July 21, 2014 - 1:37pm | 262Read More...As Apple (NASDAQ: AAPL) is scheduled to release its third quarter earnings after market close Tuesday, a number of analysts have issued reports detailing how they expect the company to have performed in the quarter. Analysts at Cantor believe Apple's third quarter results will be less...
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Cantor Weighs In On Dendreon Leadership Change
Tuesday, June 10, 2014 - 10:50am | 118Read More...Dendreon (NASDAQ: DNDN) shares opened almost five percent lower Wednesday after John Johnson, President, Chairman and CEO said he would be stepping down from the company. Cantor Fitzgerald analyst Mara Goldstein weighed in on the executive change. Goldstein thinks Johnson's resignation may, “signal...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Read More...Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
