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22:12
Recorded an eight-day consecutive rise
Glonghui April 11|The three major US stock indexes closed mixed, with the Nasdaq up 0.35% and recording an eight-day winning streak, the S&P 500 down 0.11%, and the Dow Jones down 0.56%. On the weekly level, the Nasdaq rose 4.68% this week, the S&P 500 climbed 3.56%—marking its largest single-week gain since November last year—and the Dow Jones gained 3.14%. Most technology stocks rose, with Broadcom up more than 4%, AMD up more than 3%, NVIDIA and Amazon both up more than 2%. Intel rose 1.07% today and surged 24% this week, achieving its largest single-week gain since January 2000.
22:11
Replimune's skin cancer drug is rejected again by the US FDA, causing the company's stock price to plummet
Replimune expressed opposition to the FDA’s decision, with the company’s Chief Executive Officer (CEO) stating that, given the robust efficacy and favorable safety data supporting the drug, the FDA failed to exercise regulatory flexibility to meet patient needs.
21:53
Propanc Biopharma has filed documents with the U.S. Securities and Exchange Commission regarding a reselling plan of common shares initiated by selling shareholders.
According to the filing information, the maximum number of common shares proposed for resale under this plan is up to 15 million shares. This submission signals that the selling shareholders may conduct large-scale share sales in the public market. Relevant details have been specified in the SEC filing, and the market will closely monitor the potential impact of this move on the company’s equity structure and the secondary market share price.
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