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Vaxxinity

Vaxxinity Inc is a biotechnology company committed to democratizing healthcare across the globe. The company is pioneering a new class of synthetic, peptide-based active immunotherapy medicines aimed at disrupting the existing treatment paradigm for chronic disease, increasingly dominated by monoclonal antibodies, which suffer from prohibitive costs and cumbersome administration. The company's proprietary technology platform has enabled the innovation of novel pipeline candidates designed to bring the efficiency of vaccines to the treatment of chronic diseases, including Alzheimer's, Parkinson's, migraine, and hypercholesterolemia.

Vaxxinity Inc

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ATHM

Autohome Q3 2024 Adj. EPADS RMB $4.08 Beats RMB3.71 Estimate, Sales RMB1.775B Beat RMB1.763B Estimate

Trump Media &amp; Technology Group Corp. saw a notable 33.77% rise to $45.40 in pre-market trading on Wednesday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. The company was co-founded by the former president.
With the election results unfolding, Donald Trump is just three seats away from securing a majority. This political development has evidently impacted the stock&#8217;s performance, mirroring investor sentiment and market speculation.
See Also: <a href="https://www.benzinga.com/markets/asia/24/11/41722178/if-trump-and-republicans-sweep-dollar-may-climb-7-but-harris-win-could-bring-5-drop-says-jpmorgan?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If Trump And Republicans Sweep, Dollar May Climb 7% — But Harris Win Could Bring 5% Drop, Says JPMorgan</a>
Moreover, on the trading platform Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), DJT shares experienced a significant surge of 54.86%. 
The spike in pre-market hours comes despite its third-quarter net sales falling by 6% and standing at $1.01 million. The company posted a loss of 10 cents per share, an improvement from the 30 cents per share loss recorded in the third quarter of last year.
If Trump wins he would become the first president to win another term after a defeat in 132 years.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41733899/trump-woos-muslim-voters-says-hes-building-the-biggest-and-broadest-peace-coalition-kamala-and-her-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Woos Muslim Voters, Says He&#8217;s &#8216;Building The Biggest And Broadest&#8217; Peace Coalition: &#8216;Kamala And Her Warmonger Cabinet Will Invade The Middle East&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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HOOD

Trump Media Stock (DJT) Jumps 33.77% In Pre-Market As Ex-President Inches Closer To White House Victory

SpaceX completed its 400th successful Falcon launch with its Falcon 9 rocket launching a Dragon spacecraft to the International Space Station with supplies on Monday, the company said. 
What Happened: Falcon 9 launched Dragon to the International Space Station from Florida on Monday carrying over 6,000 pounds of science, supplies, and hardware. The mission marked the Falcon launch vehicle&#8217;s 400th successful launch to date, SpaceX said in a post on social media platform X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Falcon 9 launches Dragon to the <a href="https://twitter.com/Space_Station?ref_src=twsrc%5Etfw">@Space_Station</a>, completing our 400th successful Falcon launch! <a href="https://t.co/GySOycPDMO">pic.twitter.com/GySOycPDMO</a>
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1853653474300621098?ref_src=twsrc%5Etfw">November 5, 2024</a></blockquote>
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SpaceX CEO Elon Musk also congratulated the team at SpaceX on the achievement.
&#8220;Strange that no one has copied SpaceX after all this time,&#8221; Musk said in another post about the company&#8217;s efforts towards reusing the Falcon vehicle&#8217;s boosters in a bid to bring down the cost of spaceflight. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Strange that no one has copied SpaceX after all this time
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1853734892716060841?ref_src=twsrc%5Etfw">November 5, 2024</a></blockquote>
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Falcon is SpaceX&#8217;s primary launch vehicle. SpaceX&nbsp;<a href="https://www.benzinga.com/news/24/07/39612042/elon-musks-spacex-launches-67-missions-in-first-half-of-2024-trailing-own-targets" target="_blank" rel="noreferrer noopener">completed</a> its 100th Falcon flight of the year late last month. 
The company is currently also undertaking testing and development of its ambitious Starship launch vehicle. The company has conducted five test flights to date, starting from April 2023. However, the vehicle is yet to carry any payload to space. 
Why It Matters: SpaceX was looking to launch 144 times in 2024, averaging twelve times per month earlier this year. 
SpaceX VP of Launch Kiko Dontchev said on Tuesday that the company will not make its goal of 144 launches this year but is still targeting 30 more launches for the remaining year. 
&#8220;While we will not make our original goal of 144 launches, we are still targeting 30 more launches in 2024 (~one every two days). It will not be easy and our work is cut out for us, but the team is all in,&#8221; Dontchev wrote on X. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congrats to the <a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a> team on our 400th Falcon launch!!! While we will not make our original goal of 144 launches, we are still targeting 30 more launches in 2024 (~one every two days). It will not be easy and our work is cut out for us, but the team is all in. The only way… <a href="https://t.co/RvyslmbuMO">https://t.co/RvyslmbuMO</a>
&mdash; Kiko Dontchev (@TurkeyBeaver) <a href="https://twitter.com/TurkeyBeaver/status/1853983823555350856?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
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For the entirety of 2023, SpaceX&nbsp;<a href="https://www.benzinga.com/news/24/09/40916098/elon-musks-spacex-launches-90th-mission-in-2024-with-over-a-third-of-launch-target-still-to-go" target="_blank" rel="noreferrer noopener">only completed 96 launches</a>, not including two test flights of the company&#8217;s Starship launch vehicle.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41738613/elon-musk-rejects-rumors-of-a-tesla-phone-but-says-the-ev-giant-will-have-to-make-one-if-this-happen" target="_blank" rel="noreferrer noopener">Elon Musk Rejects Rumors Of A Tesla Phone, But Says The EV Giant Will Have To Make One If This Happens</a></li>
</ul>
Photo courtesy: SpaceX

SPACE

Tech

SpaceX Completes 400th Successful Falcon Launch To Date, But Will Miss Target Of 144 Launches In 2024, Says Company Exec

Mowi (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MHGVY#OTC">MHGVY</a>) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.19 by 21.05 percent. This is a 11.54 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $1.59 billion which missed the analyst consensus estimate of $1.64 billion by 3.23 percent. This is a 7.30 percent increase over sales of $1.48 billion the same period last year.

MHGVY

Mowi Q3 EPS $0.23 Beats $0.19 Estimate, Sales $1.59B Miss $1.64B Estimate

Koninklijke Ahold Delhaiz (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADRNY#OTC">ADRNY</a>) reported quarterly earnings of $0.68 per share. This is a 7.94 percent increase over earnings of $0.63 per share from the same period last year. The company reported $24.18 billion in sales this quarter. This is a 1.30 percent increase over sales of $23.87 billion the same period last year.

ADRNY

Koninklijke Ahold Delhaiz Q3 EPS $0.68 Up From $0.63 YoY, Sales $24.18B Up From $23.87B YoY

United Microelectronics Reported October 2024 Net Sales Growth Of 11.36% YoY

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares surged by over 12% in overnight trading on brokerage firm Robinhood over a likely Donald Trump victory in the <a href="https://www.benzinga.com/topic/2024-election">U.S. Presidential elections</a>.
What Happened: According <a href="https://www.nytimes.com/live/2024/11/05/us/trump-harris-election">to</a> The New York Times, Trump currently has over 95% chance of victory given he already has <a href="https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f">267 of the 270 electoral votes needed to win</a>.
Tesla CEO Elon Musk endorsed Trump in July and has been actively campaigning for the former President <a href="https://www.benzinga.com/news/24/11/41709658/stephen-king-slams-elon-musk-claims-most-of-his-posts-spread-pro-trump-disinformation-and-outright-l">both offline and online</a>. Musk even campaigned for Trump in the swing state of Pennsylvania in October.
The billionaire CEO also founded a super PAC called America PAC to which he has so far given&nbsp;<a href="https://www.benzinga.com/news/24/10/41417390/elon-musks-pro-trump-super-pac-to-give-1m-every-day-to-people-in-swing-states-for-signing-his-petiti" target="_blank" rel="noreferrer noopener">over $100 million</a>&nbsp;in a bid to support Trump's presidential campaign, cementing him as a key figure in this year's Presidential election.
Trump, meanwhile, has expressed his intent to set up a&nbsp;<a href="https://www.benzinga.com/government/24/09/40739165/trump-plans-to-appoint-elon-musk-to-government-efficiency-commission-if-elected-tesla-ceo-says-hell" target="_blank" rel="noreferrer noopener">government efficiency commission</a>&nbsp;led by Musk if elected President. The commission will be tasked with conducting a complete financial and performance audit of the federal government and recommending reforms, Trump said in September.
According to Wedbush analyst Dan Ives, the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41766869/trump-win-biggest-positive-for-elon-musks-tesla-tech-bull-says-it-could-boost-ev-gi">biggest positive from a Trump win would be for Tesla and Musk</a>.
&#8220;We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage,&#8221; Ives said on Wednesday. The analyst added that a Trump win could add $40-$50 to Tesla&#8217;s stock. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The biggest positive from a Trump win would be for Tesla/Musk. We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage. A Trump win could add $40-$50 to Tesla&#39;s stock &#x1f525;&#x1f3c6;&#x1f402;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1854049545300156565?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
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A Trump administration could also aid Musk&#8217;s&nbsp;<a href="https://www.benzinga.com/topic/autonomous-vehicles" target="_blank" rel="noreferrer noopener">push towards enabling autonomous driving</a>&nbsp;with its full self-driving driver assistance technology, Ives <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41709990/trump-and-tesla-what-the-future-holds-for-elon-musks-ev-giant-in-case-of-a-gop-win">said in a note</a> earlier this week. 
Price Action: At the time of writing, the Tesla stock was up by 10.5% on overnight trading on Robinhood. Year-to-date, Tesla shares are up 1.2%, after the stock closed up 3.5% at $251.44 on Tuesday, according to <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41738613/elon-musk-rejects-rumors-of-a-tesla-phone-but-says-the-ev-giant-will-have-to-make-one-if-this-happen" target="_blank" rel="noreferrer noopener">Elon Musk Rejects Rumors Of A Tesla Phone, But Says The EV Giant Will Have To Make One If This Happens</a></li>
</ul>
Photos courtesy: Shutterstock

Politics

TSLA

Tesla Shares Pop Over 12% In Overnight Trading On Robinhood As Trump Inches Closer To Victory

MBusiness Highlights
Mobile
As of September 30th, 2024, Chunghwa Telecom had 13.01 million mobile subscribers, representing a 0.6% year-over-year increase. In the third quarter, total mobile service revenue increased by 2% to NT$ 16.75 billion, while mobile post-paid ARPU excluding IoT SIMs maintained stable and flat year over year at NT$ 552.
Fixed Broadband/HiNet
As of September 30th, 2024, the number of broadband subscribers slightly increased by 0.7% to 4.42 million. The number of HiNet broadband subscribers increased by 1.3% to 3.73 million. In the third quarter, total fixed broadband revenue grew 3.4% year over year to NT$ 11.32 billion, while ARPU increased 1.5% to NT$ 786.
Fixed line
As of September 30th, 2024, the number of fixed-line subscribers was 8.95 million.

As Of Sep 30, Chunghwa Telecom Had 13.01M Mobile Subs(Up By 0.6% YoY), 4.42M Broadband Subs (Up By 0.7% YoY), 8.95M Fixed-Line Subs

Chunghwa Telecom Q3 EPS $0.04 Down From $0.37 YoY, Sales $1.72B Up From $1.69B YoY

Chunghwa Telecom Reported Q3 Revenue Growth Of 3.6% YoY

Tech bull and prominent analyst Dan Ives is optimistic about the impact of a potential Donald Trump win on the Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock, as the former president stands <a href="https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f">three electoral votes away from securing the presidency</a>.
What Happened: Ives, an analyst at Wedbush Securities, suggests Tesla could see substantial gains under a potential Trump administration, despite broader challenges for the electric vehicle industry.
&#8220;The biggest positive from a Trump win would be for Tesla/Musk,&#8221; Ives wrote on X, formerly known as Twitter. &#8220;We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage.&#8221;
Ives projects a potential $40-$50 boost to Tesla&#8217;s stock price under a Trump presidency, citing the company&#8217;s established market position and manufacturing scale. Based on the current Tesla stock price, this presents an upside of nearly 16% to 20%.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The biggest positive from a Trump win would be for Tesla/Musk. We believe a Trump win is a negative for the EV industry as the EV rebates/tax incentives get pulled, however for Tesla a huge positive for scale/price advantage. A Trump win could add $40-$50 to Tesla&#39;s stock &#x1f525;&#x1f3c6;&#x1f402;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1854049545300156565?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
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Additionally, he expects significant artificial intelligence initiatives that would benefit Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google, and Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>).
Trump is currently leading key battleground states, according to the Associated Press.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We would expect significant AI initiatives from the Beltway within the US that would be a benefit for Microsoft, Amazon, Google, and other tech players. Under Trump we would expect major AI initiatives that would also be a major tailwind from AI players like Palantir. &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1854058502219829738?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f">Trump Gives Victory Speech In Florida As Winning Pennsylvania Puts Him At Brink Of Victory, Vows To &#8216;Fix Everything About Our Country&#8217;</a>
Why It Matters: Meanwhile, the news of Trump&#8217;s potential re-election has already had a significant impact on the market. The shares of Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) surged, and <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41765518/5-things-moving-as-trump-trade-fever-sweeps-wall-street-amid-election-night-drama">stock futures also experienced a rise</a> on election night. 
Additionally, <a href="https://www.benzinga.com/news/24/11/41765345/treasury-yields-pop-on-trump-victory-chances-10-year-benchmark-reaches-4-month-high">yields on U.S. sovereign debt rose</a> as investors digested the preliminary results from the closely contested fight between Trump and Kamala Harris.
Price Action: Tesla stock closed at $251.44 on Tuesday, rising by 3.54%, for the day. In after-hours trading, the stock climbed further 3.01%. Over the past year, Tesla&#8217;s stock has surged by 14.67%, according to <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41734887/cathie-woods-latest-shake-up-dumps-palantir-and-jack-dorseys-block-along-with-tesla-buys-amazon-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Latest Shake-up: Dumps Palantir And Jack Dorsey&#8217;s Block Along With Tesla, Buys Amazon And Meta</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

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Analyst Ratings

AMZN

GOOG

GOOGL

MSFT

PLTR

Trump Win 'Biggest Positive' For Elon Musk's Tesla, Tech Bull Says It Could Boost EV Giant's Stock By This Much

The cryptocurrency market received an unprecedented boost after Donald Trump, a vocal advocate of the asset class, came to the brink of victory after winning the key battleground states of Pennsylvania, and North Carolina.
What happened: The Associated Press declared Trump the winner at 2:24 a.m. ET, as the highly charged cycle that saw cryptocurrencies become a significant election issue nears its end.
Trump <a href="https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f">claimed victory</a> at the Palm Beach Convention Center, the home of his official election night party, although AP was yet to project him as the winner.
Bitcoin, the barometer of the market, set a new all-time high earlier, as odds of a Trump victory started increasing on prediction <a href="https://polymarket.com/event/presidential-election-winner-2024?tid=1730877376956">markets </a>like Polymarket and Kalshi.
As of this writing, Bitcoin cooled down to $73,000, as traders took profits on the rally.
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<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 3 a.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+6.24%</td>
<td>$73,004.14</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>+14.22%</td>
<td>$0.1922</td>
</tr>
<tr>
<td>Maga (TRUMP)</td>
<td>-5.27%</td>
<td>$3.33</td>
</tr>
</tbody>
</table>
</figure>
Bitcoin's rise seemed unavoidable, as the former President had passionately advocated for the asset class, going to the extent of promising a <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40671868/trumps-bitcoin-strategic-reserve-proposal-will-chip-away-dollars-status-warns-expert-money">national Bitcoin reserve</a>.
Dogecoin was another winner of the day, pumping over 14% in what appeared to be a reaction to the planned <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41220500/elon-musk-says-potential-doge-department-under-a-trump-administration-will-be-a-garbage-co">Department of Government Efficiency</a>, or &#8216;DOGE,&#8217; led by Elon Musk under the incoming administration.
Cryptocurrency themed around the man himself Maga, rooted in the "Make America Great Again" movement, dipped somewhat after soaring as high as 18% Tuesday overnight.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41764861/shytoshi-kusama-promotes-s-h-i-b-as-elon-musk-touts-d-o-g-e-shiba-inu-rallies-10-amid-broa">Shytoshi Kusama Promotes S.H.I.B As Elon Musk Touts D.O.G.E — Shiba Inu Rallies 10% Amid Broader Crypto Gains</a>
Why It Matters: Daniel Cheung, co-founder of cryptocurrency hedge fund Syncracy Capital, expressed optimism for a "biblical" bull market for cryptocurrencies in the coming months.&nbsp;
He said that Trump&#8217;s presidency would be a 4-year call option on the market, with expectations of SEC Chair Gary Gensler <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40002734/trump-says-bitcoin-will-skyrocket-like-never-before-if-he-returns-to-the-white-house-promi">being removed</a>, the U.S. adopting a sandbox approach to the sector, and a potential Bitcoin strategic reserve.
He also projected that Trump&#8217;s triumph would encourage retail participation, resulting in additional flows into the asset class.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I believe that crypto is potentially headed for a biblical bull market in the coming months that could surpass 2021 &#8211; some thoughts on the current market setup under a Trump Administration: 1) Trump presidency is a 4 year call option on crypto markets (i.e. Gensler fired, US…
&mdash; Daniel Cheung (@HighCoinviction) <a href="https://twitter.com/HighCoinviction/status/1854043885871514111?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
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Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41763299/trump-themed-cryptos-nfts-surge-in-expectations-of-former-presidents-victory-coin-inspired">Trump-Themed Cryptos, NFTs Surge In Expectations Of Former President&#8217;s Victory — Coin Inspired By Harris Falls 13%</a></li>
</ul>
Image Via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$DOGE

Bitcoin, Dogecoin Spike After Trump's Speech In Florida, Winning Key Battle States Puts Ex-President On Cusp Of Victory

Nevada Approves Abortion Rights Ballot Measure But Won't Go Into Effect Until 2026

Billionaire entrepreneur Mark Cuban congratulated former President Donald Trump and Tesla Inc. CEO Elon Musk on <a href="https://www.benzinga.com/news/24/11/41766547/trump-gives-victory-speech-in-florida-as-winning-pennsylvania-puts-him-at-brink-of-victory-vows-to-f">their potential victory</a>, even before the final election results are announced.
What Happened: Cuban took to X, formerly Twitter, and acknowledged the probable win of Trump and Musk. 
&#8220;Congrats @realDonaldTrump. You won fair and&nbsp;square. Congrats to @elonmusk as&nbsp;well. #Godspeed,&#8221; Cuban wrote.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congrats <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>. You won fair and square. Congrats to <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> as well. <a href="https://twitter.com/hashtag/Godspeed?src=hash&amp;ref_src=twsrc%5Etfw">#Godspeed</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1854046994345382034?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/politics/24/11/41732623/bakery-that-often-predicts-election-outcomes-has-this-candidate-winning-in-trump-harris-battle-d?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bakery That Often Predicts Election Outcomes Has This Candidate Winning In Trump, Harris Battle</a>
At the time of Cuban&#8217;s concession, the Associated Press&#8217;s count showed Trump close to securing the presidency, with 267 of the required 270 electoral votes. Trump was also leading in key yet-to-be-decided races, including Michigan and Wisconsin.
Why It Matters: Cuban, who previously <a href="https://www.benzinga.com/startups/24/10/41574981/mark-cuban-questions-why-trump-supporters-stay-silent-on-his-treatment-of-vendors-says-he-will-take">praised Trump in 2015</a> as the &#8220;best thing to happen to politics in a long time,&#8221; has become one of his fiercest critics.
He endorsed Hillary Clinton in the 2016 election and has remained a strong supporter of the Kamala Harris campaign in the current election cycle.
He also <a href="https://www.benzinga.com/news/24/10/41417224/trump-unleashes-scathing-attack-on-former-friend-mark-cuban-after-billionaire-criticizes-ex-presiden">criticized&nbsp;Trump&#8217;s tariff plans</a> that include a 20% blanket tariff on all imports and a 60% levy specifically on Chinese goods. 
Despite their&nbsp;<a href="https://www.benzinga.com/news/24/10/41222696/mark-cuban-recalls-his-love-hate-relations-with-trump-its-not-like-i-dont-like-him-i-just-dont-think">complex relationship</a>, Cuban has maintained business ties with Trump&#8217;s supporters, including a&nbsp;<a href="https://www.benzinga.com/startups/24/11/41750733/this-is-america-mark-cuban-says-justifying-his-business-relationship-with-trumps-100m-megadonor-and">business relationship</a>&nbsp;with Trump&#8217;s $100M megadonor, Miriam Adelson.
Read Next:
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<li><a href="https://www.benzinga.com/markets/asia/24/11/41722178/if-trump-and-republicans-sweep-dollar-may-climb-7-but-harris-win-could-bring-5-drop-says-jpmorgan?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If Trump And Republicans Sweep, Dollar May Climb 7% — But Harris Win Could Bring 5% Drop, Says JPMorgan</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock

Mark Cuban Congratulates Trump, Musk Before The Election Is Called, Says They 'Won Fair And Square'

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.crowdstrike.com%2Fen-us%2F&amp;esheet=54147816&amp;newsitemid=20241106324741&amp;lan=en-US&amp;anchor=CrowdStrike&amp;index=1&amp;md5=15ecc416fff1ecb9f6ea37b9781227b7">CrowdStrike</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) today announced it has agreed to acquire Adaptive Shield, a leader in SaaS Security. With this acquisition, CrowdStrike will be the only cybersecurity vendor to provide unified, end-to-end protection against identity-based attacks across the entire modern cloud ecosystem – from on-premises Active Directory to cloud-based identity providers and SaaS applications – delivered from a single, unified platform. Announced at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.crowdstrike.com%2Fevents%2Ffal-con%2Feurope%2F&amp;esheet=54147816&amp;newsitemid=20241106324741&amp;lan=en-US&amp;anchor=Fal.Con+Europe&amp;index=2&amp;md5=e7219e94d2ead6847062eedd1ce8f3cf">Fal.Con Europe</a>, CrowdStrike's inaugural premier user conference in the region, this acquisition will position CrowdStrike as the leading provider of comprehensive protection across complex hybrid environments.

CRWD

CrowdStrike Expands Cybersecurity Reach with Acquisition of Adaptive Shield

Former President Donald Trump declared victory in the 2024 presidential election after winning <a href="https://www.benzinga.com/news/24/11/41762845/trump-wins-kentucky-indiana-harris-scores-vermont-as-polls-begin-to-close-across-us">the key battleground states</a>. Trump, who was addressing his supporters in New York, also praised his running mate, JD Vance, and acknowledged the role of tech mogul Elon Musk in his campaign.
What Happened: Trump, in his victory speech, lauded his supporters for overcoming seemingly insurmountable challenges on Tuesday night. He expressed his determination to &#8220;fix everything about our country&#8221; and described his win as &#8220;the greatest political movement of all time.&#8221;
According to <a href="https://apnews.com/live/trump-harris-election-updates-11-5-2024">the</a> latest numbers from The Associated Press, Trump has 267 out of the 270 electoral votes needed for victory. The Republican party is currently leading in key states like Michigan and Wisconsin, which are yet to be called.
Trump secured a victory in Pennsylvania, earning 19 electoral votes after capturing over 51% of the vote in this pivotal swing state.
&#8220;I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president,&#8221; Trump said.
See Also: <a href="https://www.benzinga.com/news/24/11/41736493/microsoft-co-founder-bill-gates-says-everyone-in-future-will-have-a-utilitarian-ai-agent-that-will-h?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Microsoft Co-Founder Bill Gates Says Everyone In Future Will Have A &#8216;Utilitarian AI Agent&#8217; That Will Help</a>
Trump also addressed the criticism faced by Vance, his vice-presidential pick, for comments that were perceived as hostile to women. Despite the initial backlash, Trump praised Vance&#8217;s intellect and called him a &#8220;feisty guy.&#8221;
Trump also celebrated his party&#8217;s victory in the U.S. Senate, which he believes will aid in confirming his Cabinet members and nominating judges.
Trump asserted that he had won both the popular vote and an Electoral College landslide with over 300 votes, although the final counts are still pending in several states.
Trump also acknowledged the support of his family and campaign team, and when asked about Musk, he hailed the tech mogul as a &#8220;new star&#8221; and an &#8220;amazing guy.&#8221;
Why It Matters: On election night, <a href="https://www.benzinga.com/markets/equities/24/11/41763478/trump-media-reddit-devon-energy-super-micro-computer-and-tesla-buzzing-among-investors-on-electi">Trump&#8217;s media company</a>, Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), experienced a substantial surge in its shares, driven by the anticipation of the election results and the company&#8217;s third-quarter financial results.
Trump&#8217;s victory in the 2024 presidential race, including his win in the key swing state of North Carolina, has been a significant factor in the stock market&#8217;s movements.
The <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41765518/5-things-moving-as-trump-trade-fever-sweeps-wall-street-amid-election-night-drama">stock futures also experienced a rise</a> on election night. Futures associated with the Dow Jones Industrial Average increased by 739 points, or 1.74%, as of 2 a.m. ET. Futures linked to the S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) were up by 1.42%.
Treasury yields also<a href="https://www.benzinga.com/news/24/11/41765345/treasury-yields-pop-on-trump-victory-chances-10-year-benchmark-reaches-4-month-high" target="_blank" rel="noreferrer noopener">&nbsp;saw an increase in overnight trading&nbsp;</a>as investors evaluated the early results of the tight presidential race. The 10-year Treasury yield jumped 14 basis points to 4.431%, hitting its highest level since July 2.
Read Next:
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Photo courtesy: Shutterstock

Trump Gives Victory Speech In Florida As Winning Pennsylvania Puts Him At Brink Of Victory, Vows To 'Fix Everything About Our Country'

Republicans have taken control of the U.S. Senate, following victories in West Virginia and Ohio on Tuesday. This shift ensures that Donald Trump&#8217;s party will control at least one chamber of Congress in the coming year.
Jim Justice (R &#8211; W.Va) was projected to win an open Senate seat in West Virginia, succeeding Joe Manchin (I-W.Va.), a Democrat-turned-independent. In Ohio, Bernie Moreno (R-Ohio) was projected to defeat incumbent Democrat Sherrod Brown (D- Ohio). These wins secure a 51-49 Republican majority in the Senate, with potential for further gains as additional results are tallied, Reuters reported on Wednesday.
See Also: <a href="https://www.benzinga.com/news/24/11/41710411/market-analyst-who-predicted-trumps-2016-win-and-bidens-2020-victory-now-sees-former-president-retak?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Market Analyst Who Predicted Trump&#8217;s 2016 Win And Biden&#8217;s 2020 Victory, Now Sees Former President Retaking The White House With &#8216;Large Majority Of Swing States&#8217;</a>
Republicans also made early gains in the House of Representatives, aiming to expand their 220-212 majority. They captured a Democratic-held district in Pennsylvania, President Joe Biden&#8217;s hometown of Scranton, and gained seats in North Carolina after redistricting. However, Democrats flipped a Republican seat in New York and another in Alabama, following a Supreme Court order to create a Black majority district.
In Delaware, Sarah McBride (D- Del.) made history as the first openly transgender member of Congress. Meanwhile, tight races in New York and California could determine the final House control, with results possibly delayed due to lengthy ballot counts in California.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/11/41733346/obamas-former-campaign-manager-alarmed-by-early-voting-numbers-as-harris-trump-fight-close-battle-re?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Obama&#8217;s Former Campaign Manager Alarmed By Early Voting Numbers As Harris-Trump Fight Close Battle: &#8216;Republicans Didn&#8217;t Do What They Did Last Time&#8217;</a></li>
</ul>
Image via Pexels
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Trump-Led Republicans Get Hold Of US Senate With West Virginia, Ohio Wins

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, but the index remained in the &#8220;Fear&#8221; zone on Tuesday.
U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 400 points as investors awaited the results of the U.S. presidential election. The Federal Reserve is also scheduled to announce its November rate decision on Thursday.
On the economic data front, the trade deficit in the U.S. increased to $84.4 billion in September, recording the highest level since April 2022, and above market estimates of a $84.1 billion gap, versus a revised $70.8 billion gap in August. The ISM services PMI rose to 56 in October, recording the highest reading since Aug. 2022.
Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) posted downbeat results for its third quarter. Shares of Vimeo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) jumped around 45% on Tuesday after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.
All sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, industrials, and utilities stocks recording the biggest gains on Tuesday.
The Dow Jones closed higher by around 427 points to 42,221.88 on Tuesday. The S&amp;P 500 gained 1.23% to 5,782.76, while the Nasdaq Composite jumped 1.43% to close at 18,439.17 during Tuesday's session.
Investors are awaiting earnings results from CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), Johnson Controls International plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>), and Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 43.5, the index remained in the &#8220;Fear&#8221; zone on Tuesday, versus a prior reading of 41.2.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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Photo courtesy: Shutterstock

Trading Ideas

QCOM

VMEO

Dow, Nasdaq Jump Over 1% Ahead Of Election Results: Investor Sentiment Improves, But Greed Index Remains In 'Fear' Zone

Peoples Financial Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFIS#NASDAQ">PFIS</a>) reported quarterly earnings of $1.64 per share which beat the analyst consensus estimate of $1.07 by 53.27 percent. The company reported quarterly sales of $44.966 million which beat the analyst consensus estimate of $37.000 million by 21.53 percent. This is a 80.09 percent increase over sales of $24.969 million the same period last year.

PFIS

Peoples Financial Servs Q3 2024 Adj. EPS $1.64 Beats $1.07 Estimate, Sales $44.966M Beat $37.000M Estimate

Benzinga Election Update: At the Watch Party, Donald Trump Calls Elon Musk By Name, Says, "A New Star Is Born"

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Vaxxinity (NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) just reported results for the fourth quarter of 2023.<ul><li>Vaxxinity reported earnings per share of -9 cents. This was above the analyst estimate for EPS of -10 cents.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/03/vaxx-stock-earnings-vaxxinity-for-q4-of-2023/">VAXX Stock Earnings: Vaxxinity Beats EPS for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

VAXX Stock Earnings: Vaxxinity Beats EPS for Q4 2023

Vaxxinity announces intention to voluntarily delist and deregister Class A common stock

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It&rsquo;s time to start off the trading week with a look at the biggest pre-market stock movers for Monday morning!



Moving stocks this morning are earnings, investments, a delisting and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Moolec Science (NASDAQ:<a href="https://investorplace.com/stock-quotes/mlec-stock-quote/">MLEC</a>) stock is rocketing more than 67% on approval for its <a href="https://www.nasdaq.com/press-release/moolec-becomes-first-molecular-farming-company-to-achieve-usda-approval-for-plant">plant-groan animal proteins</a>.</li>



<li>OLB Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/olb-stock-quote/">OLB</a>) shares are soaring over 46% with heavy pre-market trading.</li>



<li>Complete Solaria (NASDAQ:<a href="https://investorplace.com/stock-quotes/cslr-stock-quote/">CSLR</a>) stock is surging more than 42% <a href="https://www.nasdaq.com/press-release/retail-stock-sector-and-chairman-t.j.-rodgers-invest-in-complete-solaria-2024-04-21">on investment news</a>.</li>



<li>SuperCom (NASDAQ:<a href="https://investorplace.com/stock-quotes/spcb-stock-quote/">SPCB</a>) shares are gaining over 33% ahead of its <a href="https://www.nasdaq.com/press-release/supercom-to-report-fourth-quarter-and-full-year-2023-financial-results-on-april-22">Q4 2023 earnings report</a> this morning.</li>



<li>Dermata Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/drma-stock-quote/">DRMA</a>) stock is rising more than 18% on Monday morning.</li>



<li>Galera Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/grtx-stock-quote/">GRTX</a>) shares are increasing over 17% without any clear news this morning.</li>



<li>Palisade Bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/pali-stock-quote/">PALI</a>) stock is climbing more than 16% despite a lack of news today.</li>



<li>Global Gas (NASDAQ:<a href="https://investorplace.com/stock-quotes/hgas-stock-quote/">HGAS</a>) shares are heading over 14% higher on Monday.</li>



<li>Volato (NYSEMKT:<a href="https://investorplace.com/stock-quotes/soar-stock-quote/">SOAR</a>) stock is jumping more than 13% on Monday morning.</li>



<li>Portage Biotech (NASDAQ:<a href="https://investorplace.com/stock-quotes/prtg-stock-quote/">PRTG</a>) shares are up over 13% today.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Vaxxinity (NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock is crashing more than 55% on the company&rsquo;s <a href="https://finance.yahoo.com/news/vaxxinity-announces-intention-voluntarily-delist-202700884.html">plans to delist its shares</a>.</li>



<li>EzFill (NASDAQ:<a href="https://investorplace.com/stock-quotes/ezfl-stock-quote/">EZFL</a>) shares are plummeting close to 37% this morning.</li>



<li>Hepion Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/hepa-stock-quote/">HEPA</a>) stock is diving over 29% on plans to <a href="https://www.nasdaq.com/press-release/hepion-pharmaceuticals-initiates-wind-down-activities-in-phase-2b-ascend-nash-trial">wind down a clinical trial</a>.</li>



<li>iLearningEngines (NASDAQ:<a href="https://investorplace.com/stock-quotes/aile-stock-quote/">AILE</a>) shares are tumbling more than 21% after <a href="https://finance.yahoo.com/news/ilearningengines-inc-becomes-publicly-traded-200500132.html">going public last week</a>.</li>



<li>Redwoods Acquisition (NASDAQ:<a href="https://investorplace.com/stock-quotes/rwod-stock-quote/">RWOD</a>) stock is taking an over 15% beating <a href="https://investorplace.com/2024/04/why-is-redwoods-acquisition-rwod-stock-up-72-today/">after a recent rally</a>.</li>



<li>Biophytis (NASDAQ:<a href="https://investorplace.com/stock-quotes/bpts-stock-quote/">BPTS</a>) shares are sliding more than 15% ahead of <a href="https://www.nasdaq.com/press-release/biophytis-announces-ratio-change-under-its-american-depositary-receipt-adr-program-0">a ratio change tomorrow</a>.</li>



<li>Adlai Nortye (NASDAQ:<a href="https://investorplace.com/stock-quotes/anl-stock-quote/">ANL</a>) stock is dropping nearly 15% today.</li>



<li>BioSig Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/bsgm-stock-quote/">BSGM</a>) shares are falling over 13% this morning.</li>



<li>Sunshine Biopharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/sbfm-stock-quote/">SBFM</a>) stock is decreasing more than 12% today.</li>



<li>Indonesia Energy (NYSEMKT:<a href="https://investorplace.com/stock-quotes/indo-stock-quote/">INDO</a>) shares close out our pre-market stock movers down over 10%.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/04/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-april-22nd/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Vaxxinity&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock is falling hard on Monday after the biotechnology company announced plans to <a href="https://finance.yahoo.com/news/vaxxinity-announces-intention-voluntarily-delist-202700884.html">voluntarily delist its shares</a> from the Nasdaq Exchange.



Vaxxinity&nbsp;will file to delist its shares on April 29, 2024. The company expects this to result in its final day of trading on the Nasdaq Exchange being May 9, 2024.



Vaxxinity&nbsp;is voluntarily delisting its shares due to a delisting notice it received in February. This gave the company until Aug. 7, 2024 to get its share price back above the $1 minimum required for compliance.



However, Vaxxinity&nbsp;is delisting its shares early to reduce its obligations. It notes that this will save money compared to staying on the exchange.



<h2>What That Means for VAXX Stock</h2>



Just because Vaxxinity is voluntarily delisting its shares doesn&rsquo;t mean the stock will disappear. Instead, the company expects its shares to trade on the OTC Markets after May 9.



VAXX stock is down 58% as of Monday morning with more than 278,000 shares traded. That&rsquo;s still below its daily average trading volume of about 447,000 shares.



Investors seeking out even more of the most recent stock market stories are going to want to stick around!



We have all of the hottest stock market stories that traders need to know about on Monday! A few examples include why shares of OLB Group&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/olb-stock-quote/">OLB</a>) and Moolec Science&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/mlec-stock-quote/">MLEC</a>) stock are up today. As well as the biggest pre-market stock movers this morning. All of this info is ready to go at the links below!



<h2>More Monday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/04/why-is-olb-group-olb-stock-up-27-today/">Why Is OLB Group (OLB) Stock Up 27% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/why-is-moolec-science-mlec-stock-up-121-today/">Why Is Moolec Science (MLEC) Stock Up 121% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-april-22nd/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Monday</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/04/why-is-vaxxinity-vaxx-stock-down-58-today/">Why Is Vaxxinity (VAXX) Stock Down 58% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Vaxxinity (VAXX) Stock Down 58% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Hepion Pharmaceuticals&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/hepa-stock-quote/">HEPA</a>) stock is diving on Monday after the biopharmaceutical company announced plans to <a href="https://www.nasdaq.com/press-release/hepion-pharmaceuticals-initiates-wind-down-activities-in-phase-2b-ascend-nash-trial">wind down a clinical trial</a>.



A press release from the company notes that it is winding down it Phase 2b ASCEND-NASH study. The failure of the study comes as it couldn&rsquo;t reach the planned 336 patients. Instead, it only got to 151 patients.



On top of this, Hepion Pharmaceuticals is struggling with resources as the company is exploring strategic alternatives. This didn&rsquo;t leave it with enough room to keep the trial going while waiting for more patients to enroll.



Hepion Pharmaceuticals executive chairman John Brancaccio said the following about the news.




&ldquo;We are disappointed to announce the wind-down of our Phase 2 NASH trial, which we attribute entirely to resource constraints. Given the number of enrolled NASH patients to date and the low probability of generating relevant efficacy data to support a registrational trial with our current cash resources, we have opted to wind down the program and assure that patients are transitioned out of the trial in a safe and compliant manner.&rdquo;




<h2>HEPA Stock Movement Today</h2>



With this news comes a 40.5% drop for HEPA stock on Monday morning. Investors will note that the shares were already down 36.2% year-to-date when markets closed on Friday.



This also comes with around 39,000 shares traded. The company&rsquo;s daily average trading volume is still above that at 75,000 shares.



Investors will find even more of the most recent stock market stories ready to go below!



We are offering insight into the top stock market news for Monday! That includes everything happening with shares of Vaxxinity&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock, OLB Group&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/olb-stock-quote/">OLB</a>) stock and Moolec Science&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/mlec-stock-quote/">MLEC</a>) stock today. You can find out more on these matters at the following links!



<h2>More Stock Market News for Monday</h2>



<ul><li><a href="https://investorplace.com/2024/04/why-is-vaxxinity-vaxx-stock-down-58-today/">Why Is Vaxxinity (VAXX) Stock Down 58% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/why-is-olb-group-olb-stock-up-27-today/">Why Is OLB Group (OLB) Stock Up 27% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/why-is-moolec-science-mlec-stock-up-121-today/">Why Is Moolec Science (MLEC) Stock Up 121% Today?</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/04/why-is-hepion-pharmaceuticals-hepa-stock-down-41-today/">Why Is Hepion Pharmaceuticals (HEPA) Stock Down 41% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Nike (NYSE:<a href="https://investorplace.com/stock-quotes/nke-stock-quote/">NKE</a>) layoffs are in the news Monday after the athletic apparel company announced plans to <a href="https://www.kgw.com/article/money/business/nike-740-layoffs-world-headquarters-beaverton/283-3d676a3c-957d-4110-92bd-d5f7a9c793e9">cut jobs at its global headquarters</a>.



These Nike layoffs will result in 740 employees at the company&rsquo;s Beaverton, Oregon, headquarters losing their jobs. This comes after the company announced plans to reduce its workforce by 2% in February.



Nike is planning to handle these layoffs in two rounds. The first round will start immediately, and the second round will <a href="https://www.usatoday.com/story/money/business/2024/04/20/nike-layoffs-2024/73396096007/">start by June 28</a>. It&rsquo;s worth noting that Nike currently has about 11,000 employees at its headquarters and 83,000 total.



All of this is part of a restructuring effort that has 1,600 jobs being cut at Nike. The company estimates that these changes will save it $2 billion per year and that it will suffer a $400 million to $450 million charge connected to them.



<h2>Nike Layoffs Statement</h2>



Here&rsquo;s what the company had to say about the layoffs to KGW8:




&ldquo;Nike&rsquo;s always at our best when we&rsquo;re on the offense. The actions that we&rsquo;re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger.&rdquo;




NKE stock is down slightly on Monday morning after announcing this newest round of layoffs.



Investors who are seeking out even more of the most recent stock market stories are in luck!



We have all of the hottest stock market news for Monday! Among that is what has shares of Tesla&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>), Hepion Pharmaceuticals&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/hepa-stock-quote/">HEPA</a>) and Vaxxinity (NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock in the news today. You can read up on all of this news at the links below!



<h2>More Monday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/04/tsla-stock-alert-tesla-plunges-on-another-round-of-ev-price-cuts/">TSLA Stock Alert: Tesla Plunges on Another Round of EV Price Cuts</a></li>



<li><a href="https://investorplace.com/2024/04/why-is-hepion-pharmaceuticals-hepa-stock-down-41-today/">Why Is Hepion Pharmaceuticals (HEPA) Stock Down 41% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/why-is-vaxxinity-vaxx-stock-down-58-today/">Why Is Vaxxinity (VAXX) Stock Down 58% Today?</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are worth checking out this morning as we dive into all of the biggest news moving shares on Friday!



Moving stocks this morning are earnings reports, a withdrawn acquisition offer, a public offering and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Helius Medical Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/hsdt-stock-quote/">HSDT</a>) stock is rocketing more than 54% with strong pre-market trading.</li>



<li>Vaxxinity (NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) shares are soaring over 29% with heavy early morning trading.</li>



<li>El Pollo Loco (NASDAQ:<a href="https://investorplace.com/stock-quotes/loco-stock-quote/">LOCO</a>) stock is surging more than 18% alongside <a href="https://finance.yahoo.com/news/el-pollo-loco-holdings-inc-220540558.html">strong Q1 earnings results</a>.</li>



<li>Ardelyx (NASDAQ:<a href="https://investorplace.com/stock-quotes/ardx-stock-quote/">ARDX</a>) shares are increasing over 18% after <a href="https://www.msn.com/en-us/money/markets/ardx-stock-earnings-ardelyx-beats-eps-beats-revenue-for-q1-2024/ar-AA1o3YwP?ocid=finance-verthp-feeds">beating Q1 EPS and revenue estimates</a>.</li>



<li>OneSpan (NASDAQ:<a href="https://investorplace.com/stock-quotes/ospn-stock-quote/">OSPN</a>) stock is rising more than 18% with the release of its <a href="https://www.nasdaq.com/press-release/onespan-reports-first-quarter-2024-financial-results-2024-05-02">Q1 earnings report</a>.</li>



<li>AXT (NASDAQ:<a href="https://investorplace.com/stock-quotes/axti-stock-quote/">AXTI</a>) shares are gaining over 16% after <a href="https://www.globenewswire.com/news-release/2024/05/02/2874704/0/en/AXT-Inc-Announces-First-Quarter-2024-Financial-Results.html">releasing its Q1 results</a>.</li>



<li>WideOpenWest (NYSE:<a href="https://investorplace.com/stock-quotes/wow-stock-quote/">WOW</a>) stock is climbing more than 16% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318287824&amp;type=PDF&amp;symbol=WOW&amp;cdn=3e276719e2a8f7f26218657d24e90ba4&amp;companyName=WideOpenWest+Inc.&amp;formType=SC+13D%2FA&amp;formDescription=%5BAmend%5D+General+statement+of+acquisition+of+beneficial+ownership&amp;dateFiled=2024-05-02">on a takeover offer</a>.</li>



<li>Rapid Micro Biosystems (NASDAQ:<a href="https://investorplace.com/stock-quotes/rpid-stock-quote/">RPID</a>) shares are jumping over 16% alongside its <a href="https://www.nasdaq.com/press-release/rapid-micro-biosystems-reports-first-quarter-2024-financial-results-2024-05-03">Q1 earnings report</a>.</li>



<li>Allakos (NASDAQ:<a href="https://investorplace.com/stock-quotes/allk-stock-quote/">ALLK</a>) stock is getting a more than 15% boost without any clear news this morning.</li>



<li>Jaguar Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/jagx-stock-quote/">JAGX</a>) shares are up over 14% with heavy pre-market trading.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Sprout Social (NASDAQ:<a href="https://investorplace.com/stock-quotes/spt-stock-quote/">SPT</a>) stock is diving more than 29% after <a href="https://finance.yahoo.com/news/sprout-social-announces-first-quarter-200500590.html">missing Q1 revenue estimates</a>.</li>



<li>CF Bankshares (NASDAQ:<a href="https://investorplace.com/stock-quotes/cfbk-stock-quote/">CFBK</a>) shares are tumbling 19% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318288388&amp;type=PDF&amp;symbol=CFBK&amp;cdn=543931818581d75227b695347c29892f&amp;companyName=CF+Bankshares+Inc.&amp;formType=EFFECT&amp;formDescription=Notice+of+Effectiveness&amp;dateFiled=2024-05-02">launching a public offering</a>.</li>



<li>Terran Orbital (NYSE:<a href="https://investorplace.com/stock-quotes/llap-stock-quote/">LLAP</a>) stock is taking an over 17% beating after Lockheed Martin (NYSE:<a href="https://investorplace.com/stock-quotes/lmt-stock-quote/">LMT</a>) <a href="https://www.businesswire.com/news/home/20240502032201/en/Terran-Orbital-Strategic-Review-is-Ongoing">withdrew its bid for the company</a>.</li>



<li>Stem (NYSE:<a href="https://investorplace.com/stock-quotes/stem-stock-quote/">STEM</a>) shares are sliding more than 17% with its <a href="https://finance.yahoo.com/news/stem-announces-first-quarter-2024-200500014.html">Q1 earnings report</a>.</li>



<li>Marin Software (NASDAQ:<a href="https://investorplace.com/stock-quotes/mrin-stock-quote/">MRIN</a>) stock is dropping over 16% after <a href="https://www.businesswire.com/news/home/20240502429971/en/Marin-Software-Announces-First-Quarter-2024-Financial-Results">releasing Q1 results</a>.</li>



<li>Radcom (NASDAQ:<a href="https://investorplace.com/stock-quotes/rdcm-stock-quote/">RDCM</a>) shares are decreasing more than 15% <a href="https://www.nasdaq.com/press-release/u.s.-operator-selects-radcom-to-deliver-saas-service-assurance-solution-on-aws-2024">after rallying yesterday</a>.</li>



<li>Cloudflare (NYSE:<a href="https://investorplace.com/stock-quotes/net-stock-quote/">NET</a>) stock is falling over 13% <a href="https://www.benzinga.com/news/earnings/24/05/38600530/cloudflare-stock-tanks-following-q1-results-subpar-guidance-heres-why">on lackluster guidance</a>.</li>



<li>NanoVibronix (NASDAQ:<a href="https://investorplace.com/stock-quotes/naov-stock-quote/">NAOV</a>) shares are slipping more than 13% <a href="https://www.nasdaq.com/press-release/nanovibronix-announces-painshield-will-be-included-in-department-of-veteran-affairs">following a rally yesterday</a>.</li>



<li>BigBear.ai (NYSE:<a href="https://investorplace.com/stock-quotes/bbai-stock-quote/">BBAI</a>) stock is dipping over 13% <a href="https://finance.yahoo.com/news/bigbear-ai-announces-first-quarter-201500541.html">on Q1 earnings</a>.</li>



<li>Bullfrog AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/bfrg-stock-quote/">BFRG</a>) shares close out our pre-market stock movers down more than 13%.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-may-3rd/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Sprout Social&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/spt-stock-quote/">SPT</a>) stock is falling on Friday after the social media management company announced earnings results for the <a href="https://finance.yahoo.com/news/sprout-social-announces-first-quarter-200500590.html">first quarter of 2024</a>.



Holding back Sprout Social stock this morning is its revenue of $96.78 million. That didn&rsquo;t reach Wall Street&rsquo;s estimate of $97.2 million for the quarter. This is despite it increasing 29% from the $75.21 million reported in the same period of the year prior.



That&rsquo;s unfortunate as the company&rsquo;s adjusted EPS came in at 10 cents. That&rsquo;s well above the flat earnings analysts were expecting. It&rsquo;s also above the 6 cents per share reported in the first quarter of 2023.



Sprout Social Chief Financial Officer Joe Del Preto said this in the earnings report.




&ldquo;We underestimated the magnitude of enterprise seasonality that now comes with our business mix, while also self-inducing sales execution headwinds during Q1 that we believe were important to position us for future success. We have factored Q1 underperformance and tightened strategic focus into our reduced 2024 revenue forecast, though we believe we&rsquo;re now positioned for greater long- term success.&rdquo;




<h2>SPT Stock Guidance 2024</h2>



Sprout Social&rsquo;s outlook for 2024 includes adjusted EPS of 45 cents to 46 cents alongside revenue ranging from $405 million and $406 million. These are mixed next to Wall Street&rsquo;s estimates of 23 cents per share and revenue of $425.57 million for the year.



SPT stock is down 32.2% as of Friday morning.



There are plenty more stock market stories worth reading about on Friday!



Luckily, we have them all ready to go without coverage of the market today. A few examples include what&rsquo;s happening with shares of Vaxxinity&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) and Helius Medical Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/hsdt-stock-quote/">HSDT</a>) stock today as well as the biggest pre-market stock movers this morning. You can dive into that news down below!



<h2>More Friday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/05/why-is-vaxxinity-vaxx-stock-up-39-today/">Why Is Vaxxinity (VAXX) Stock Up 39% Today?</a></li>



<li><a href="https://investorplace.com/2024/05/why-is-helius-medical-technology-hsdt-stock-up-47-today/">Why Is Helius Medical Technology (HSDT) Stock Up 47% Today?</a></li>



<li><a href="https://investorplace.com/2024/05/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-may-3rd/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Friday</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Vaxxinity&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock is up on Friday with heavy pre-market trading of the biotechnology company&rsquo;s shares.



That has more than 21 million shares of VAXX stock changing hands as of this writing. This is well above its daily average trading volume of about 1 million shares.



Investors will also note that VAXX stock was down 9.1% on Thursday. That also came with heavy trading as some 8.9 million shares of the company&rsquo;s stock were traded during normal hours.



<h2>What&rsquo;s Behind the VAXX Stock Movement?</h2>



This recent Vaxxinity&nbsp;volatility comes as the company <a href="https://www.nasdaq.com/press-release/vaxxinity-issues-shareholder-letter-2024-04-19">prepares to delist its shares</a> next week. That will result in its shares no longer trading on the Nasdaq Exchange when markets open on May 9.



It provided the following reasons for the decision in a letter to shareholders.




&ldquo;Being a public company is very expensive and incredibly time-consuming. Choosing to go public is a path many pursue primarily to obtain access to greater institutional pools of capital.&rdquo;




After this delisting, shares of VAXX stock will start trading on the OTC Market exchange. The company notes it doesn&rsquo;t guarantee this listing will remain.



VAXX stock is up 38.6% as of Friday morning.



Investors can find more of the most recent stock market news ready to go below!



We offer all of the latest stock market stories for Friday! Among that is why shares of Helius Medical Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/hsdt-stock-quote/">HSDT</a>) stock are up, the biggest pre-market stock movers this morning and more. All of that info is good to go at the following links!



<h2>More Stock Market News for Friday</h2>



<ul><li><a href="https://investorplace.com/2024/05/why-is-helius-medical-technology-hsdt-stock-up-47-today/">Why Is Helius Medical Technology (HSDT) Stock Up 47% Today?</a></li>



<li><a href="https://investorplace.com/2024/05/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-may-3rd/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Friday</a></li>



<li><a href="https://investorplace.com/2024/05/should-you-buy-palantir-pltr-stock-before-may-6/">Should You Buy Palantir (PLTR) Stock Before May 6?</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/why-is-vaxxinity-vaxx-stock-up-39-today/">Why Is Vaxxinity (VAXX) Stock Up 39% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Vaxxinity (VAXX) Stock Up 39% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
CF Bankshares&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cfbk-stock-quote/">CFBK</a>) stock is up on Friday after the bank holding company <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318288388&amp;type=PDF&amp;symbol=CFBK&amp;cdn=543931818581d75227b695347c29892f&amp;companyName=CF+Bankshares+Inc.&amp;formType=EFFECT&amp;formDescription=Notice+of+Effectiveness&amp;dateFiled=2024-05-02">launched a public offering</a> of its shares this morning.



That public offering is <a href="https://www.sec.gov/Archives/edgar/data/1070680/000119312524096030/d827648ds3.htm">tied to a filing</a> with the Securities and Exchange Commission (SEC) made on April 15. At that time, the company said it intended to offer up to $35 million worth of CFBK stock to investors.



What&rsquo;s still unclear as of this writing is what the company has priced shares in this offering at. The only thing it notes in its April 15 filing is its stock price of $18.75 on April 10. That doesn&rsquo;t tell us how many investors are paying for shares in this latest offering.



CF Bankshares will likely follow up on its effectiveness filing with more details today. That should include the total number of shares being sold in this offering and what they are priced at.



<h2>What This Means for CFBK Stock</h2>



Public offerings often don&rsquo;t sit well with investors for a couple of reasons. The first is that it increases the total number of outstanding shares on the market. This also dilutes the stocks of current holders of CFBK stock.



The other concern investors have is a public offering devaluing a company&rsquo;s shares. This is due to public offerings typically selling new shares at a discounted price. Both of these factors explain why shares of CFBK are falling today.



CFBK stock is down 19% as of Friday morning.



Investors will find even more stock market stories below!



We have all of the hottest stock market news on Friday! That includes everything happening with shares of Sprout Social&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/spt-stock-quote/">SPT</a>) stock, Vaxxinity&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/vaxx-stock-quote/">VAXX</a>) stock and Helius Medical Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/hsdt-stock-quote/">HSDT</a>) stock today. You can catch up on these matters at the following links!



<h2>More Stock Market News for Friday</h2>



<ul><li><a href="https://investorplace.com/2024/05/why-is-sprout-social-spt-stock-down-32-today/">Why Is Sprout Social (SPT) Stock Down 32% Today?</a></li>



<li><a href="https://investorplace.com/2024/05/why-is-vaxxinity-vaxx-stock-up-39-today/">Why Is Vaxxinity (VAXX) Stock Up 39% Today?</a></li>



<li><a href="https://investorplace.com/2024/05/why-is-helius-medical-technology-hsdt-stock-up-47-today/">Why Is Helius Medical Technology (HSDT) Stock Up 47% Today?</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/why-is-cf-bankshares-cfbk-stock-down-1-today/">Why Is CF Bankshares (CFBK) Stock Down 19% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is CF Bankshares (CFBK) Stock Down 19% Today?

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GRTX

HEPA

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HSDT

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LLAP

LOCO

MLEC

MRIN

NAOV

OSPN

PALI

PRTG

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RPID

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VAXX

Press Releases

Vaxxinity Announces Collaboration on Space Medicine Research with University of Central Florida

Vaxxinity Announces Research Collaboration on Active Immunotherapies for Neurodegenerative Diseases with University of Florida

Health Care

Vaxxinity to Present Clinical and Preclinical Pipeline Data at AD/PD 2024

Vaxxinity's Cholesterol Vaccine Candidate Successfully Lowers LDL-C: Preclinical Data Published

Vaxxinity Announces Positive Target Engagement Data from Phase 1 Clinical Trial for Parkinson's Disease at AD/PD™ 2024

Vaxxinity Reports Fourth Quarter and Full-Year 2023 Financial Results and Provides Corporate Updates

Vaxxinity to Present Clinical Data at the Annual Academy of Neurology 2024 Annual Meeting

Vaxxinity Announces Intention to Voluntarily Delist and Deregister its Class A Common Stock

Comments

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Ultime notizie per Vaxxinity (OTC:VAXX) Azioni

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PARTNER/COLLABORATORE

BENZINGA NEL MONDO