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Energy Transfer LP (ET) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-06-12 22:46
Energy Transfer LP (ET) closed the most recent trading day at $18.45, moving +1.1% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.38%. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.24%. Coming into today, shares of the energy-related services provider had gained 0.5% in the past month. In that same time, the Oils-Energy sector gained 6.38%, while the S&P 500 gained 6.6%. Market participants will be closely following the financial results of Energy ...
GigaCloud Technology Inc. (GCT) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-06-12 22:46
GigaCloud Technology Inc. (GCT) closed the most recent trading day at $18.53, moving -1.12% from the previous trading session. This move lagged the S&P 500's daily gain of 0.38%. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.24%. The stock of company has fallen by 0.05% in the past month, lagging the Business Services sector's gain of 3.09% and the S&P 500's gain of 6.6%.Investors will be eagerly watching for the performance of GigaCloud Technology Inc. in its upcoming earnings disclo ...
Robinhood Markets, Inc. (HOOD) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-06-12 22:46
Robinhood Markets, Inc. (HOOD) closed at $73.84 in the latest trading session, marking a -1.39% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.38%. Meanwhile, the Dow experienced a rise of 0.24%, and the technology-dominated Nasdaq saw an increase of 0.24%. Shares of the company have appreciated by 21.97% over the course of the past month, outperforming the Finance sector's gain of 2.88%, and the S&P 500's gain of 6.6%.The upcoming earnings release of Robinhood Mar ...
Why Constellation Energy Corporation (CEG) Outpaced the Stock Market Today
ZACKS· 2025-06-12 22:46
Constellation Energy Corporation (CEG) closed at $300.51 in the latest trading session, marking a +2.85% move from the prior day. This change outpaced the S&P 500's 0.38% gain on the day. On the other hand, the Dow registered a gain of 0.24%, and the technology-centric Nasdaq increased by 0.24%. Prior to today's trading, shares of the company had gained 1.4% lagged the Oils-Energy sector's gain of 6.38% and the S&P 500's gain of 6.6%.The investment community will be paying close attention to the earnings pe ...
Why Novo Nordisk (NVO) Outpaced the Stock Market Today
ZACKS· 2025-06-12 22:46
In the latest close session, Novo Nordisk (NVO) was up +2.95% at $81.05. This move outpaced the S&P 500's daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.24%, and the technology-centric Nasdaq increased by 0.24%. Heading into today, shares of the drugmaker had gained 22.23% over the past month, outpacing the Medical sector's gain of 4.64% and the S&P 500's gain of 6.6%.The upcoming earnings release of Novo Nordisk will be of great interest to investors. The company is forecasted to re ...
Liberty Gold Reports Voting Results from Annual General Meeting and Changes to the Board of Directors and Management
Globenewswire· 2025-06-12 22:30
Core Viewpoint - Liberty Gold Corp. has undergone significant leadership changes and is focusing on transitioning from an exploration company to a developer of U.S. oxide gold assets [2][3]. Leadership Changes - Cal Everett has retired as CEO and director, transitioning to the role of Strategic Financial Advisor [2]. - Jon Gilligan, previously President and COO, has been appointed as the new CEO and joined the Board of Directors [2]. - Greg Etter has been appointed as the new Chair of Liberty Gold [2]. Shareholder Meeting Results - A total of 209,447,904 common shares were voted, representing 46.1% of all outstanding shares [2]. - All director nominees were elected with the following vote percentages: - Greg Etter: 98.16% [2] - Jon Gilligan: 99.45% [2] - Wendy Louie: 98.15% [2] - Robert Pease: 71.58% [2] - Lisa Wade: 98.17% [2] - Barbara Womersley: 98.11% [2] - PricewaterhouseCoopers LLP was reappointed as the auditor of the Company [2]. Company Focus - Liberty Gold is focused on exploring and developing open-pit oxide deposits in the Great Basin of the United States, a region known for its prolific gold production [3]. - The Company is advancing the Black Pine Project in southeastern Idaho, which has strong economic potential and is a past-producing gold system [3].
CIVI Lead Plaintiff Deadline Approaching – CIVI Stockholders Should Contact Robbins LLP for Information About Leading the Civitas Resources, Inc. Class Action Lawsuit
GlobeNewswire News Room· 2025-06-12 22:25
Core Viewpoint - A class action lawsuit has been filed against Civitas Resources, Inc. for allegedly misleading investors about its production capabilities and financial condition during the specified class period [1][2]. Allegations - Civitas is accused of failing to disclose significant reductions in oil production expected in 2025 due to declines after a production peak in Q4 2024 and a low TIL count at the end of 2024 [2]. - The company would need to acquire additional acreage and development locations to increase oil production, which would incur significant debt and potentially require selling corporate assets [2]. - Financial conditions would necessitate disruptive cost-reduction measures, including a significant workforce reduction [2]. - The company's business and financial prospects, as well as operational capabilities, were allegedly overstated [2]. Stock Price Impact - Following the revelation of these issues on February 24, 2025, Civitas's stock price dropped by $8.95 per share, representing a decline of over 18%, closing at $40.35 per share on February 25, 2025 [2]. Class Action Participation - Shareholders may be eligible to participate in the class action, with a deadline to file as lead plaintiff by July 1, 2025 [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3]. Company Background - Civitas Resources, Inc. is an independent exploration and production company focused on crude oil and liquids-rich natural gas in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico [1].
Sika: Continued Upside, But Lowering My Price Target By 10%
Seeking Alpha· 2025-06-12 22:21
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SXYAY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advic ...
PEPG Investor Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against PepGen Inc.
Prnewswire· 2025-06-12 22:19
Group 1 - A class action has been filed on behalf of investors who purchased PepGen Inc. (NASDAQ:PEPG) securities between March 7, 2024, and March 3, 2025 [1] - PepGen is a clinical-stage biotechnology company focused on developing oligonucleotide therapeutics for severe neuromuscular and neurologic diseases, with its lead product candidate being PGN-EDO51 for Duchenne muscular dystrophy (DMD) [1] - Allegations against PepGen include misleading investors about the effectiveness and safety of PGN-EDO51, deficiencies in the CONNECT2 study, and overstated clinical and commercial prospects [2] Group 2 - On January 29, 2025, PepGen reported safety concerns in the CONNECT1 study and FDA concerns regarding the CONNECT2 study, leading to a stock price drop of $0.40 per share (21.74%) [3] - Following a press release on March 4, 2025, announcing a voluntary pause of the CONNECT2 study, PepGen's stock price fell by $0.53 per share (18.86%) [4] - Shareholders interested in participating in the class action must file a motion for lead plaintiff by August 8, 2025 [5]
Walmart Heiress Takes On Trump With 'No Kings' Ad: White House Calls It 'Burning Some Of Her Inheritance For A PR Stunt'
Benzinga· 2025-06-12 22:16
Retailer Walmart Inc WMT has been battling with the Donald Trump administration over tariffs and may have a new fight on its hands with Trump fans thanks to an heiress of the company's founding family.What Happened: Walmart and the Trump administration have been going back and forth on tariffs and whether the retailer can publicly say it is passing costs onto consumers.An additional issue, which could possibly mean the retailer finds itself with fewer customers, is if it battles too hard with Trump fans due ...