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Dow Jumps 300 Points; Waldencast Shares Plunge - Enlivex Therapeutics (NASDAQ:ENLV), Inno Holdings (NASDAQ:INHD)
Benzinga· 2025-11-24 17:08
Market Performance - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 500 points on Monday. The Dow rose by 0.65% to 46,546.82, the NASDAQ increased by 2.32% to 22,789.25, and the S&P 500 gained 1.40% to 6,696.44 [1] - Communication services stocks saw a significant rise of 3.1% on the same day, while consumer staples stocks fell by 1.1% [2][1] Economic Indicators - The Dallas Fed's general business activity index for Texas manufacturing dropped to -10.4 in November, down from -5 in the previous month, indicating a decline in manufacturing activity [3][11] Commodity Prices - In commodity markets, oil prices increased by 0.1% to $58.13, gold rose by 0.2% to $4,089.00, silver gained 0.4% to $50.105, while copper fell by 0.8% to $4.9745 [6] International Markets - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.44%, Spain's IBEX 35 Index increasing by 1.19%, and other major indices in London, Germany, and France also experiencing gains [7] - Asian markets had mixed results, with Hong Kong's Hang Seng gaining 1.97%, China's Shanghai Composite slightly up by 0.05%, and India's BSE Sensex declining by 0.39% [8] Company News - Enlivex Therapeutics Ltd. saw its shares surge by 48% to $1.3301 following a $212 million private placement announcement [10] - Oscar Health, Inc. shares rose by 21% to $16.38 after news of a proposed two-year extension of Obamacare subsidies [10] - Inno Holdings Inc. experienced a significant increase of 169% to $1.9499 after announcing a strategic cooperation on Web3 Technology [10] - Waldencast plc shares dropped by 12% to $2.7095 after releasing second-quarter results [10] - Twin Hospitality Group Inc. shares fell by 28% to $2.5700 due to a notice of acceleration for notes [10] - ProMIS Neurosciences, Inc. shares decreased by 19% to $0.3399 following a 1-for-25 reverse stock split announcement [10]
Nasdaq Surges 350 Points; Enlivex Therapeutics Shares Spike Higher
Benzinga· 2025-11-24 14:47
Market Overview - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 350 points on Monday. The Dow rose by 0.16% to 46,318.84, the NASDAQ increased by 1.60% to 22,629.51, and the S&P 500 gained 0.83% to 6,658.09 [1] - Communication services sector saw a significant rise of 2.7% on Monday, indicating strong performance in that area [1] Sector Performance - Energy stocks declined by 0.9% during trading on Monday, reflecting a downturn in that sector [2] Company Earnings - CureVac N.V. reported third-quarter earnings of $1.41 per share, surpassing the analyst consensus estimate of a loss of $0.17 per share. The company also reported quarterly sales of $63.295 million, exceeding the analyst consensus estimate of $14.520 million [3] Commodities - In commodity trading, oil prices increased by 0.1% to $58.07, while gold prices decreased by 0.1% to $4,078.40. Silver and copper also saw slight declines of 0.1% and 0.4%, trading at $49.875 and $4.9935 respectively [6] Company Stock Movements - Enlivex Therapeutics Ltd. shares surged by 79% to $1.61 following the announcement of a $212 million private placement [10] - Inspire Veterinary Partners, Inc. shares rose by 51% to $0.1836 [10] - Inno Holdings Inc. shares increased by 44% to $1.04 after announcing a strategic cooperation with Megabyte Solutions [10] - Clearside Biomedical, Inc. shares plummeted by 67% to $0.8799 after filing for voluntary bankruptcy [10] - Twin Hospitality Group Inc. shares fell by 28% to $2.5700 due to a notice of acceleration for notes [10] - ProMIS Neurosciences, Inc. shares decreased by 25% to $0.3157 following a 1-for-25 reverse stock split announcement [10] International Markets - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.2%, Spain's IBEX 35 Index increasing by 0.8%, and other major indices also experiencing gains [7] - Asian markets had mixed results, with Hong Kong's Hang Seng gaining 1.97% and India's BSE Sensex declining by 0.39% [8]
Inno Holdings Inc. Announces Strategic Cooperation with Megabyte Solutions on Web3 Technology Application in B2B Marketplace Platform
Globenewswire· 2025-11-24 13:00
Core Insights - INNO Holdings Inc. has entered into a non-binding Memorandum of Understanding (MoU) with Megabyte Solutions Limited to form a strategic partnership focused on deploying Web3 technology in its cross-border B2B marketplace platform [1][2][3] - The collaboration aims to enhance the platform's global transactions by integrating blockchain-based logistics and supply chain management solutions, improving privacy, convenience, efficiency, and security [2][3] - The CEO of INNO emphasized that this partnership represents a pivotal step in the company's future development, aiming to address challenges in cross-border e-commerce and trade [3] Company Overview - INNO Holdings Inc. is a trade-focused electronic products trading company that is also involved in building technology, aiming to revolutionize the construction industry with proprietary cold-formed steel framing and AI-driven design [4] - The company is expanding its sales and distribution network in electronic product trading, seeking to create greater commercial value for its business partners and enhance its own enterprise value [4]