Tonix Pharmaceuticals (NASDAQ:TNXP) Stock Attempts To Bounce Back: A Value Buy?

August 6, 2021

Tonix Pharmaceuticals (NASDAQ:TNXP) stock is having a rough week after releasing a disappointing preliminary analysis from a late-stage clinical study that seems set to fail. The stock has since plunged below $1.Considering that Tonix’s other late-stage studies focus on difficult to treat conditions such as Alzheimer’s disease and PTSD, its outlook looks frail. However, bold investors may see the stumble as a chance to buy in, and they could be…

Read More >>

Will Jushi Holdings, Inc. (OTCMKTS:JUSHF) Stock Accelerate In 2021?

August 5, 2021

Jushi Holdings, Inc. (OTCMKTS:JUSHF) a company engaged in the ownership and operation of cannabis and hemp licenses in the United States is on an expansion spree with the opening of several new stores. These new openings would certainly generate handsome revenue for the company but that too doesnot guarantee for stock to soar high as the company is recently running out of the management’s hands. In the wake of the…

Read More >>

Is Cybin Inc (OTCMKTS:CLXPF) Stock a Good Buy After The Recent Rally?

August 5, 2021

Biotechnological company focusing on psychedelic therapeutics, Cybin Inc (OTCMKTS:CLXPF) on August 3, 2021, announced receiving conditional listing approval from the NYSE American stock exchange. CEO Doug Drysdale said that conditional approval is a vital milestone in the company’s journey. Drysdale said he expects expanded access for investors result in fueling the mission of developing revolutionary psychedelic therapeutics for patients having mental health conditions. However, the listing is subjected to approval…

Read More >>

SFLMaven Corp (OTCMKTS:SFLM) Stock Gains Momentum After The News

August 5, 2021

SFLMaven Corp (OTCMKTS:SFLM) jumped 17% after announcing the filing of its unaudited financial performance data for the period ended June 30, 2021, featuring a robust business activity expansion and solid bottom and top-line improvements. Total sales were up 14% YoY for the six months ended June 30, 2021, at $4.8 million. In addition, the company reported accelerated sales growth, with June sales jumping 125% YoY and gross profit was $688,423…

Read More >>

Alterity Therapeutics (ATHE) Stock Off Session High: Gets New Patent

August 4, 2021

A biotechnology company developing disease-modifying treatments for neurodegenerative conditions, Alterity Therapeutics (NASDAQ:ATHE) on August 4, 2021 announced the United States Patent and Trademark Office issuing Notice of Allowance for Alterity’s patent application No. 17/239,375. This would secure exclusivity for a fresh group of iron chaperones made for redistributing the excess iron in many neurodegenerative diseases, including Parkinson’s and Alzheimer’s. The patent, which is titled “Compounds for and Methods of Treating…

Read More >>

Moderna Inc (NASDAQ:MRNA) Stock Soars Above $400: All Eyes on Earnings Tomorrow

August 4, 2021

Moderna Inc (NASDAQ:MRNA) will report second quarter earnings tomorrow before the open. There is a conference call scheduled for 8:00 ET. Q2 Capital IQ consensus calls for EPS of $5.86 vs. ($0.31) last year on revenue of $4.233 billion versus $66.3 million last year. The company typically does not provide EPS or revenue guidance. The first area of interest will be the company’s COVID-19 vaccine. The company recently Increased 2021…

Read More >>

Aldeyra Therapeutics (NASDAQ:ALDX) Stock Moves Up After The Positive News

August 4, 2021

Aldeyra Therapeutics (NASDAQ:ALDX) announces that the U.S. FDA has granted orphan drug designation for ADX-2191 (methotrexate for intravitreal injection) for the treatment of retinitis pigmentosa (RP), a group of rare genetic eye diseases. Shares up more than 6% premarket. There are no approved drug treatments for patients with RP, which is a disease affects an estimated 82,000-110,000 individuals in the United States. The FDA’s orphan drug designation program is designed…

Read More >>

CytoDyn Inc (OTCMKTS:CYDY) Stock Resumes Selling Pressure: A Good Buy Now?

August 3, 2021

Late stage biotech firm CytoDyn Inc (OTCMKTS:CYDY) was in the middle of a heavy selloff yesterday in the markets and saw its stock slump by as much as 9%. The selloff in the stock was possibly triggered by an announcement from CytoDyn with regards to the director nominations that had been submitted by an activist investor group. The company announced that the nominations from the activist investors group, headed by…

Read More >>

88 Energy Ltd (OTCMKTS:EEENF) Stock Resumes The Uptrend on High Volume

August 3, 2021

88 Energy Ltd (OTCMKTS:EEENF) jumped 12% following the appointment of Phillip Bryne as a non-executive Chairman to replace the retiring Michael Evans. Equally, the company announced two more appointments as it seeks to enhance its management team. Joanne Kendrick has been appointed as a non-executive director, while Robert Benkovic has been appointed as the new COO. Evans said that 88 Energy is among the most established operators in Alaska with…

Read More >>