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DoubleDown Interactive: Insider Sale Doesn't Change The Fundamentals, I'm Doubling Down
Seeking Alpha· 2025-06-16 11:15
Group 1 - DoubleDown Interactive (DDI) experienced a significant decline of 23.7% on June 12 following an insider selling shares at $8.50 each, raising questions about its investment potential [1] - Despite the recent drop, there is a belief that DDI remains a viable investment opportunity [1] Group 2 - The investment strategy focuses on GARP (growth at a reasonable price) stocks while also seeking opportunities in other areas [2] - The investment approach does not adhere to a specific time horizon, with positions held as long as the investment thesis remains valid [2] - The analyst has developed market-beating algorithms using Python to identify attractive investment opportunities [2]
ADC Therapeutics Announces Updated ZYNLONTA® Investigator-Initiated Trial Data in R/R Marginal Zone Lymphoma Presented at 18th International Conference on Malignant Lymphoma (ICML)
Prnewswire· 2025-06-16 11:15
Updated Phase 2 data evaluating ZYNLONTA® as a monotherapy demonstrate overall response rate (ORR) of 85% and complete response (CR) rate of 69% CR maintained in 17 of 18 patients who achieved CR, with longest duration of CR of 27 months from start of treatmentZYNLONTA was generally well tolerated and safety was consistent with known profile LAUSANNE, Switzerland, June 16, 2025 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjug ...
Cooper-Standard: ReFi Back On The Table, Here's What It Means For The Stock
Seeking Alpha· 2025-06-16 11:14
Group 1 - Cooper-Standard's stock surged 44% on May 2 following the announcement of Q1 2025 results [1] - The reported EPS of $0.09 significantly exceeded the expected EPS of -$1.14, primarily due to a royalty payment [1] Group 2 - The company is focused on identifying firms with high potential for revenue and earnings growth that are not fully reflected in current market prices [1] - The investment strategy emphasizes long-term holdings, with a preference for less cyclical and higher growth sectors [1]
New Strong Buy Stocks for June 16th
ZACKS· 2025-06-16 11:06
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Flexsteel Industries, Inc. (FLXS) : This manufacturer of upholstered furniture has seen the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.Rockwell Automation, Inc. (ROK) : This industrial automation and digital transformation solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.The E.W. Scripps Company (SSP) : This media ...
Tariffs, EV And China Risks: Is Honda Stock Still Worth It?
Forbes· 2025-06-16 11:05
This photo shows signage at a car dealership for Japanese automaker Honda Motor along a street in ... More central Tokyo on May 13, 2025, ahead of the company's annual results announcement later in the day. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)AFP via Getty ImagesJapan’s second-largest automaker, Honda Motor stock (NYSE: HMC), has predominantly fluctuated sideways this year, yielding approximately 2% since the beginning of January. Honda’s recent outcomes have ...
Mark Ford Joins Highway as Chief Capacity Officer
GlobeNewswire News Room· 2025-06-16 11:01
DALLAS, June 16, 2025 (GLOBE NEWSWIRE) -- Highway announced today that Mark Ford will join the company as Chief Capacity Officer, a strategic addition to the executive team as the company accelerates growth and advances its long-term vision to redefine trust and identity in freight. Ford brings more than 30 years of experience leading carrier strategy, operations, and network development at some of the industry’s most recognized third-party logistics providers. Most recently, he served as Chief Capacity Off ...
VivoPower Advances US$308 Million Direct NASDAQ Spin-Off of Caret Digital
Prnewswire· 2025-06-16 11:00
Caret Digital subsidiary is to be spun off via a direct NASDAQ IPO at a target market capitalisation of US$308 millionNegotiations are progressing with strategic pre-IPO investors in the Middle East and Asia for investment of up to US$50 millionDedicated management team identified as well as renewable power sources at sub 3c/wattVivoPower shareholders as of future record date to receive five Caret Digital shares per VVPR share heldCaret Digital to continue mining DOGE following successful first phase, with ...
EverDriven Expands AI Video Safety Partnership with Powerfleet to Enhance Student Transportation Across 34 States
Prnewswire· 2025-06-16 10:59
WOODCLIFF LAKE, N.J., June 16, 2025 /PRNewswire/ -- Powerfleet (Nasdaq: AIOT), a global leader in AI-powered data intelligence, today announced an expanded deployment of its advanced AI video safety solution with EverDriven Technologies, a trusted leader in alternative student transportation across the United States.EverDriven operates across 34 states with 9,000+ drivers completing over 2 million trips annually. Due to the overwhelming interest from their school district partners,EverDriven will complete a ...
New Strong Sell Stocks for June 16th
ZACKS· 2025-06-16 10:50
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ADT Inc. (ADT) is a smart home solutions providing company. The Zacks Consensus Estimate for its current year earnings has been revised 1.2% downward over the last 60 days.DoubleDown Interactive Co., Ltd. (DDI) is a digital gaming company. The Zacks Consensus Estimate for its current year earnings has been revised 6.3% downward over the last 60 days.M/I Homes, Inc. (MHO) is a residential home-builder. The Zacks Consensus Estimate for ...
RTX's Pratt & Whitney and Cebu Pacific sign long-term engine maintenance deal
Prnewswire· 2025-06-16 10:45
Core Insights - Pratt & Whitney and Cebu Pacific have signed a long-term EngineWise™ maintenance services agreement for Cebu Pacific's GTF engine fleet, aligning maintenance costs with engine utilization [1][2] - The 12-year agreement supports Cebu Pacific's fleet expansion, including a historic order for up to 152 A321neo aircraft and engines for 15 A320neo family aircraft [2] - The agreement enhances Cebu Pacific's operational efficiency by providing access to technical expertise, fleet data, and business intelligence [3] Company Overview - Cebu Pacific is the largest airline in the Philippines, operating 37 domestic and 26 international destinations with a fleet of 98 aircraft, including Airbus A320, A321, A330, and ATR models [5] - The airline currently operates 56 Pratt & Whitney powered aircraft and has a long-standing relationship with Pratt & Whitney dating back to the 1990s [4] Industry Context - The GTF engine technology allows for up to a 20% reduction in fuel burn compared to previous-generation engines, leading to significant savings in fuel efficiency, lower emissions, and reduced operating costs for airlines [4] - Pratt & Whitney, as part of RTX, is a leader in aircraft engine design and service, supporting over 90,000 engines globally [6][7]