Nasdaq Surges Over 200 Points; BioLineRx Shares Plummet
NasdaqNasdaq(US:NDAQ) Benzinga·2025-01-06 19:01

Market Performance - US stocks traded higher with the Nasdaq Composite jumping over 200 points, the Dow up 0.08% to 42,765.84, and the S&P 500 rising 0.59% to 5,976.38 [1] - Information technology shares surged by 2.1% while utilities shares fell by 0.6% [1][2] Commodities - Oil traded down 0.1% to $73.92, gold fell 0.2% to $2,648.90, silver rose 1.9% to $30.640, and copper increased 2.4% to $4.1695 [6] Regional Markets - European shares gained with the eurozone's STOXX 600 up 0.95%, Germany's DAX 40 up 1.56%, France's CAC 40 up 2.24%, Spain's IBEX 35 up 1.34%, and London's FTSE 100 up 0.31% [7] - Asian markets closed lower with Japan's Nikkei 225 down 1.47%, China's Shanghai Composite down 0.14%, Hong Kong's Hang Seng down 0.36%, and India's BSE Sensex down 1.59% [8] Company News - Regional Health Properties, Inc. RHE shares surged 131% to $3.5824 after announcing a merger with SunLink in a $10 million preferred stock deal [10] - SciSparc Ltd. SPRC shares surged 108% to $1.10 following the publication of a European patent application for binge behavior [10] - fuboTV Inc. FUBO shares rose 235% to $4.83 after announcing a definitive agreement with Disney to combine Hulu with Fubo [10] - AEON Biopharma, Inc. AEON shares dropped 67% to $0.1884 after pricing a $20.0 million underwritten public offering [10] - BioLineRx Ltd. BLRX shares fell 42% to $0.1586 after reporting a $10 million registered direct offering [10] - Blue Hat Interactive Entertainment Technology BHAT shares dropped 41% to $0.0868 after pricing a $4.4 million registered direct offering [10]