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Conduit Pharmaceuticals (NASDAQ:CDT) Stock, Chaîne d'Options

Conduit Pharmaceuticals

Conduit Pharmaceuticals Inc is a clinical-stage specialty biopharmaceutical company that was formed to facilitate the development and commercialization of clinical assets that have not been or are not being, prioritized by leading biopharmaceutical companies in order to develop pharmaceutical products that meet the unmet medical needs of patients. The Company's current development pipeline includes a glucokinase activator, which is Phase II ready in autoimmune diseases including uveitis, Hashimoto's Thyroiditis, preterm labor and renal transplant rejection. The Company's development pipeline also includes a potent, irreversible inhibitor of human Myeloperoxidase (MPO) that has the potential to treat idiopathic male infertility.

Conduit Pharmaceuticals Inc. - Common Stock

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CDT Environmental Technology Investment Holdings Limited - ordinary shares

CDT Environmental Technology Investment Holdings Ltd

CDTI ADVANCED MATERIALS by CDTI Advanced Materials, Inc.

CDTi Advanced Materials Inc

Cidara Therapeutics Inc

POSaBIT Systems Corporation (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/POSAF#OTCQX">POSAF</a>), a provider of payments and point-of-sale infrastructure for the cannabis industry, reported Tuesday its financial results for the three months ended Sept. 30, 2024. Revenue for the quarter was $4.08 million, reflecting a 70% year-over-year decline primarily due to temporary disruptions in transaction processing, which has now been restored to 75% of pre-disruption levels, management said. Despite the revenue drop, the company achieved a higher gross profit margin of 40%, up from 23% in the same quarter of last year.
"We are pleased to report another solid performance in the third quarter, highlighted by our continuation of positive adjusted EBITDA, growing adjusted EBITDA quarter over quarter by 53%," said Ryan Hamlin, co-founder and CEO of POSaBIT. "Additionally, we are excited to report that POSaBIT's new eCommerce menu capability for our POS merchants is getting great reviews, with nearly 40 new merchants in the last 90 days. We expect by next year at this time, we will have over 200 merchants using the POSaBIT eCommerce menu."
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/42116007/cannabis-fintech-posabit-integrates-metrc-connect-reporting">Cannabis Fintech POSaBIT Integrates Metrc Connect Reporting</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h2 class="wp-block-heading">Q3 Financial Highlights</h2>
<ul>
<li>Gross profit was $1.63 million compared to $3.19 million in the comparable quarter of last year.</li>
<li>Gross profit margin was 40% compared to 23% in the third quarter of 2023.</li>
<li>Operating costs amounted to $3.37 million compared to $3.45 million in the same quarter of the prior year.</li>
<li>Loss was $2.08 million compared to $7.49 million in the corresponding period of 2023.</li>
<li>Adjusted EBITDA was a gain of $148,128 compared to an adjusted EBITDA loss of $32,622 in the third quarter of last year.</li>
<li>As of September 30, 2024, the company had cash on hand and cash equivalents of $900,000, slightly down quarter over quarter.</li>
</ul>
<h2 class="wp-block-heading">Recent Operational Highlights</h2>
<ul>
<li>Restored transaction processing levels to 75% of pre-disruption levels.</li>
<li>Implemented cost reduction program with ~$4 million of annual savings.</li>
<li>Intends to apply to list its common shares on the TSXV.</li>
<li>Ranked 132nd on the Deloitte Technology Fast 500, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America.</li>
</ul>
"In alignment with our commitment to operational excellence, we recently initiated a comprehensive cost reduction program aimed at driving efficiencies across our business, with the ultimate goal of achieving profitability," Hamlin continued. "Additionally, we announced our intention to apply to list on the TSXV in order to facilitate ownership of our shares and improve trading liquidity. As we approach 2024, I am genuinely excited about the strategic initiatives and opportunities that lie ahead for POSaBIT."
<h2 class="wp-block-heading">Price Action</h2>
POSaBIT shares are trading at $0.077 on Wednesday morning, only 0.32% below Tuesday&#8217;s closing price.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42137701/canadian-cannabis-co-decibel-reports-12-yoy-drop-in-q3-revenue-but-increases-gross-margin-to-53">Canadian Cannabis Co. Decibel Reports 12% YoY Drop In Q3 Revenue But Increases Gross Margin To 53%</a></li>
</ul>
Photo: Courtesy of Bigc Studio via Shutterstock

Cannabis

Earnings

News

POSAF

Cannabis Fintech POSaBIT Systems Q3 Revenue Plunges Amid Temporary Processing Disruptions, But Gross Profit Margins Surge

Barclays analyst Tim Long maintains HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) with a Equal-Weight and raises the price target from $32 to $35.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on HP, Raises Price Target to $35

Trading Ideas

UMAC

Unusual Machines Shares Halted On Circuit Breaker To The Downside, Stock Now Up 75.8%

Peloton Interactive's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NYSE">PTON</a>) short percent of float has fallen 7.42% since its last report. The company recently reported that it has 59.95 million shares sold short, which is 18.84% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Peloton Interactive Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732717822_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Peloton Interactive has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Peloton Interactive's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Peloton Interactive's peer group average for short interest as a percentage of float is 7.15%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

PTON

How Is The Market Feeling About Peloton Interactive?

Semtech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NYSE">SMTC</a>) short percent of float has fallen 4.35% since its last report. The company recently reported that it has 6.55 million shares sold short, which is 11.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Semtech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732717816_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Semtech has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Semtech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Semtech's peer group average for short interest as a percentage of float is 10.40%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

SMTC

Peering Into Semtech's Recent Short Interest

LPL Finl Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPLA#NYSE">LPLA</a>) short percent of float has risen 19.67% since its last report. The company recently reported that it has 1.08 million shares sold short, which is 1.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.29 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>LPL Finl Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732717811_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for LPL Finl Hldgs has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing LPL Finl Hldgs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, LPL Finl Hldgs's peer group average for short interest as a percentage of float is 3.02%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

LPLA

How Is The Market Feeling About LPL Finl Hldgs?

Barclays analyst Tim Long maintains Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Equal-Weight and raises the price target from $106 to $115.

DELL

Barclays Maintains Equal-Weight on Dell Technologies, Raises Price Target to $115

Outlook Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTLK#NASDAQ">OTLK</a>) revealed preliminary topline results of NORSE EIGHT, the second of two clinical trials evaluating ONS-5010 in <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42210551/outlook-therapeutics-announces-preliminary-topline-results-of-norse-eight-clinical-trial" rel="noreferrer noopener">wet AMD patients</a>.
In the NORSE EIGHT trial, ONS-5010 did not meet the pre-specified noninferiority endpoint at week 8 set forth in the special protocol assessment (SPA) with the FDA.
The pre-specified noninferiority endpoint was measured by mean change in best corrected visual acuity (BCVA) from baseline to week 8.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/03/37893076/why-is-eye-disease-focused-outlook-therapeutics-stock-trading-higher-on-friday" rel="noreferrer noopener">Why Is Eye Disease-Focused Outlook Therapeutics Stock Trading Higher On Friday?</a>
The difference in the means between the ONS-5010 and Roche Holdings AG&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RHHBY#OTC">RHHBY</a>) Lucentis (ranibizumab) in the NORSE EIGHT trial was -2.257 BCVA letters, while the lower bound of the pre-specified noninferiority margin in the SPA was -3.5; the hypothesis of noninferiority was not met (p&gt;0.025).&nbsp;
In the intent-to-treat (ITT) primary dataset, NORSE EIGHT demonstrated a mean +4.2 letter improvement in BCVA in the ONS-5010 arm and +6.3 letter improvement in BCVA in the ranibizumab arm.
However, the preliminary data from the trial demonstrated an improvement in vision and the presence of biologic activity, as well as a continued favorable safety profile for ONS-5010.
Data analysis is ongoing as month 3 data from NORSE EIGHT are being collected. The data is expected to be available in January 2025.
Upon receipt of the full month 3 efficacy and safety results for NORSE EIGHT, Outlook Therapeutics plans to resubmit the U.S. marketing application for ONS-5010 in the first quarter of calendar 2025.
ONS-5010/Lytenava (bevacizumab gamma) has already been granted Marketing Authorization in the European Union and the U.K.
Outlook Therapeutics intends to continue efforts to launch in Europe in 2025, either directly or with a licensing partner.
If approved by the FDA, Outlook Therapeutics plans to commercialize ONS-5010/Lytenava (bevacizumab-vikg) directly in the U.S. It is also assessing partnering options for Lytenava (bevacizumab gamma) in Europe and other regions <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40706252/outlook-therapeutics-announces-completion-of-enrollment-in-norse-eight-clinical-trial" rel="noreferrer noopener">outside of the U.S.</a>
Price Action: OTLK stock is down 80% at $0.97 during the premarket session at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/24/11/42213279/whats-going-on-with-us-listed-chinese-stocks-alibaba-jd-nio-li-xpeng-on-wednesday-2" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With US Listed Chinese Stocks Alibaba, JD, Nio, Li, XPeng On Wednesday?</a></li>
</ul>
Photo by Amanda Dalbjörn on Unsplash.

Biotech

Equities

Health Care

Movers

General

OTLK

RHHBY

Why Is Eye Disease-Focused Outlook Therapeutics Stock Trading Lower On Wednesday?

TD Cowen analyst Marc Bianchi reiterates TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) with a Buy and maintains $37 price target.

Reiteration

TD Cowen Reiterates Buy on TechnipFMC, Maintains $37 Price Target

At the recent <a href="https://www.benzinga.com/fintech-awards">Benzinga Fintech Awards</a>, Sean Kozak, managing partner and CEO of Tickblaze, outlined a strategic push to expand the accessibility of advanced trading technology. Previously tailored to institutional clients, the company aims to bring its tools to retail traders, aligning with the event's focus on innovation in financial technology.
<h4 class="wp-block-heading">Bringing Institutional Tools to Retail Traders</h4>
Tickblaze, initially developed for institutional firms such as hedge funds and proprietary trading desks, is taking steps to introduce its technology to a broader audience. 
Kozak explained, "Our company was originally built for institutions, traders, and firms. We essentially evolved the technology to bring it mainstream retail."
See Also: <a href="https://www.benzinga.com/24/11/42210528/us-stock-futures-signal-a-muted-open-smallcaps-may-advance-analyst-flags-cross-asset-volatility">Major US Stock Futures Slide, Small-Caps Buck Trend: Market Strategist Flags This As The &#8216;Stronger Times Of The Year For Stocks&#8217;</a>
Using the event as a platform, Tickblaze showcased its vision for making institutional-grade trading tools available to the public, reflecting a shift in its mission to democratize advanced market solutions.
<h4 class="wp-block-heading">Partnerships and Collaboration Drive Expansion</h4>
Kozak emphasized the importance of partnerships in Tickblaze's growth strategy, describing discussions with brokers, institutional clients, and other fintech firms. "It is about our partnerships with brokers, institutional funds, and clients," he said, highlighting the collaborative opportunities present at the event.
The emphasis on partnerships extended beyond business deals, with Kozak focusing on solutions to address industry challenges. He noted the event's role in fostering collaboration: &#8220;This entire event is about B2B partnerships and finding synergy between different organizations."
<h4 class="wp-block-heading">A Launchpad for Future Growth</h4>
Tickblaze used its participation in the Benzinga Fintech Awards as a springboard for unveiling its retail-focused strategy. Kozak described the event as a pivotal moment for the company's journey, adding, "We strategically chose this event because we have a very similar vision to Benzinga, in that innovation should be accessible to everyone."
<h4 class="wp-block-heading">Looking Ahead</h4>
Kozak praised the event's ability to convene major names in the fintech community, describing it as essential for any company aiming to impact the industry. "It's the who's who crowd of the FinTech space," he said, reaffirming Tickblaze's commitment to participating in future Benzinga events.
The company's efforts to expand its audience reflect a broader mission to reshape the accessibility of trading tools. With a clear focus on collaboration and addressing the needs of both institutional and retail users, Tickblaze is positioning itself to lead in financial technology.
New Report:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42209900/microstrategy-surges-8-in-pre-market-trading-on-wednesday-whats-going-on">MicroStrategy Surges 8% In Wednesday Pre-Market: What&#8217;s Going On?</a></li>
</ul>
Image via Pexels

Fintech news covering the emerging Financial Technology services sector

Fintech

Events

Exclusives

Interview

From Hedge Funds To Retail: How Advanced Trading Platforms Are Going Mainstream

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) just secured a <a href="https://www.benzinga.com/news/large-cap/24/11/42187787/intel-to-receive-nearly-8-billion-in-federal-funding-under-chips-act-for-us-expansion">$7.86 billion grant</a> under the CHIPS Act, marking a significant step in the Biden administration&#8217;s push to bolster domestic chip manufacturing.
But while this government lifeline aims to supercharge Intel's factory expansion, the struggling chip giant still faces formidable challenges as it tries to claw its way back to relevance.
<h2 class="wp-block-heading">A Much-Needed Boost For Intel</h2>
The CHIPS Act grant, slightly lower than the initial $8.5 billion promise, is part of Intel's strategy to expand its U.S. manufacturing footprint. CEO Pat Gelsinger hailed the funding as a pivotal moment for American semiconductor leadership, emphasizing Intel's commitment to ramping up operations. 
However, the trimmed award reflects growing skepticism about Intel's execution abilities amid a rocky year for the company.
Read Also: <a href="https://www.benzinga.com/24/11/42186138/taiwan-semis-growth-fuels-us-rise-to-second-in-chipmaking">Taiwan Semi&#8217;s Growth Fuels US Rise To Second In Chipmaking: Report</a>
<h2 class="wp-block-heading">Clouds Over Santa Clara</h2>
Despite the CHIPS windfall, Intel is grappling with heavy losses and strategic uncertainty. The company reported a $17 billion loss last quarter and has slashed 15,000 jobs as part of cost-cutting efforts. Recent moves, like considering the sale of a minority stake in <a href="https://www.benzinga.com/markets/equities/24/10/41395473/intel-reportedly-considers-selling-minority-stake-in-altera-unit-for-17b-amid-market-challenges-">its Altera business</a>, signal Intel's urgent need to stabilize finances.
Adding to the drama, rumors of a possible Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) <a href="https://www.benzinga.com/news/24/09/40968128/qualcomm-reportedly-eyes-potential-takeover-of-intel-amid-60-stock-decline-but-antitrust-concerns-lo">takeover have swirled</a>, underscoring Intel's precarious position in the chip market. 
<h2 class="wp-block-heading">Intel Stock Down 45%, Long Term Still Bearish</h2>
Intel's stock performance hasn't exactly inspired confidence, with shares down 45% over the past year. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/27081448/Screenshot-2024-11-27-at-6.44.34-PM.png" alt="" class="wp-image-667314" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/27081448/Screenshot-2024-11-27-at-6.44.34-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/27081448/Screenshot-2024-11-27-at-6.44.34-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112724&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Recent technical indicators paint a picture of indecision:
<ul>
<li>Bearish Trends: Intel's share price of $23.90 sits below its eight-day ($24.35) and 20-day ($24.32) simple moving averages (SMAs), flashing bearish signals.</li>
<li>Bullish Glimmers: The 50-day SMA of $23.39 and a moving average convergence/divergence (MACD) of 0.32 suggest potential short-term gains.</li>
<li>Long-Term Pain: The 200-day SMA of $29.98 highlights a steep climb ahead.</li>
</ul>
While the CHIPS Act grant provides a much-needed boost, Intel's turnaround hinges on its ability to execute on its manufacturing goals and navigate a volatile market. 
Investors, wary of its recent missteps, may need more than government funding to restore their faith in the Silicon Valley stalwart. For now, Intel remains a high-risk, high-reward play in an increasingly competitive chip landscape.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42193158/amds-downward-spiral-is-a-reversal-on-the-horizon-or-just-a-blip">AMD Struggles Below Critical Levels: Can Market Share Growth Turn The Tide?</a></li>
</ul>
Photo: Tada Images/Shutterstock.com

Long Ideas

Technicals

Tech

INTC

QCOM

Intel Secures $7.86 Billion Grant, But Technical Signals Flash Warnings

Contracts

Haoxi Health Technology Wins RMB30M Framework Contract To Provide Digital Advertising Services For Tengyuan Media Advertising

TD Cowen analyst Oliver Chen maintains Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) with a Hold and lowers the price target from $20 to $16.

TD Cowen Maintains Hold on Kohl's, Lowers Price Target to $16

B of A Securities analyst Lorraine Hutchinson maintains Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) with a Underperform and raises the price target from $20 to $22.

B of A Securities Maintains Underperform on Nordstrom, Raises Price Target to $22

Analysts on Monday drew parallels between Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) recent performance and its infamous "Thanksgiving Day Massacre" in 2020, when prices dropped sharply before rebounding <a href="https://www.benzinga.com/money/bitcoin-price-prediction">to new highs</a>.
What Happened: Coinbureau co-founder Nic Puckrin on X <a href="https://x.com/nicrypto/status/1861661962116923470">highlighted</a> that Bitcoin has fallen from just below $100,000 to $91,500 this week, a less severe 8% decline compared to the 17% drop in 2020 from Nov 25 to Nov 27.
In 2020, Bitcoin&#8217;s sharp decline set the stage for a sustained rally. 
For 2024, factors like institutional interest from entities like <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42165734/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week">BlackRock and ETFs</a>, alongside macroeconomic variables such as <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42198763/fed-minutes-reveal-confidence-in-inflation-reduction-yet-flag-divergent-views-on-interest-rate-path-ahead">inflation and interest rates</a>, play a larger role in shaping the market outlook.
Puckrin noted that on-chain data reveals whales are accumulating Bitcoin, signaling a potential rebound. 
Still, the broader market awaits confirmation of whether retail investors will join or if a deeper correction looms.
Puckrin himself views Thanksgiving dips as moments tied to volatility but often "turning points for new highs." 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42197276/anthony-scaramucci-trump-win-is-the-greatest-political-comeback-in-us-history-crypto-surge-following-it-was-3-years-overdue">Anthony Scaramucci: Trump Win Is &#8216;The Greatest Political Comeback In US History,&#8217; Crypto Surge Following It Was 3 Years Overdue</a>
Galaxy&#8217;s Head of Research, Alex Thorn, echoed this sentiment, reminding traders of Bitcoin's 2020 Thanksgiving dip, which was followed by a tripling of its price over the next five months.
<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">who remembers the thanksgiving dump of 2020? bitcoin dumped 17% between wednesday nov 25 and friday nov 27, 2020 btcusd later went on to more than 3x over the next 5 months. does history rhyme? <a href="https://t.co/y2bWV23P9n">pic.twitter.com/y2bWV23P9n</a>
&mdash; Alex Thorn (@intangiblecoins) <a href="https://twitter.com/intangiblecoins/status/1861605206556922055?ref_src=twsrc%5Etfw">November 27, 2024</a></blockquote>
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</figure>
Recent Santiment data highlighted a dip in social sentiment for major cryptocurrencies like Bitcoin, Ethereum and Solana, which may weigh on <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42163156/why-bitcoins-rally-is-stalling-below-100000">Bitcoin stalling below $100,000.</a>
Standard Chartered&#8217;s analysts anticipate a potential correction, identifying $85,000 to $88,700 as critical support zones before an uptrend resumes.
The bank&#8217;s forecast for Bitcoin includes a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42192364/bitcoin-correction-could-go-as-deep-as-88700-but-125000-year-end-target-remains-in-play-says-standard-chartered">year-end target of $125,000</a> and $200,000 by the end of 2025. 
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

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Bitcoin's 2020 'Thanksgiving Massacre' To Repeat Or Is The Holiday A 'Turning Point For New Highs'?

B of A Securities analyst Lorraine Hutchinson maintains Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) with a Buy and raises the price target from $46 to $53.

URBN

B of A Securities Maintains Buy on Urban Outfitters, Raises Price Target to $53

GOEV

Canoo Announced Issuance Of 7,185,125 Shares At $0.3992 Each To Vendors For Services Rendered

Starting April 2025, patients suffering from chronic pain will have greater access to medical marijuana, according to a new decree from the Ministry of Health. Under the expanded access, general practitioners (GPs) in the country will be allowed to prescribe medical marijuana to registered patients with chronic pain, <a href="https://www.expats.cz/czech-news/article/czechia-takes-step-towards-laxer-cannabis-laws-with-new-bill">writes</a> Expats.
Ministry spokesperson Ondřej Jakob <a href="https://www.novinky.cz/clanek/domaci-ministerstvo-ustupuje-poptavce-po-konopi-na-bolest-ho-nove-predepisou-i-praktici-40498698">confirmed </a>to news outlets Novinky and Právo that the new rules are designed to simplify access."The decree allows GPs to prescribe medicinal cannabis for chronic, intractable pain."
Under the current law, only specialized doctors can prescribe cannabis, which is limiting for many patients. According to official data, roughly 8,000 people in the country use cannabis legally, but the demand is much higher. The National Drug Monitoring Center recently revealed results of its survey showing that about 600,000 Czechs use medical marijuana, and more than a million have tried it for self-treatment this year.
"It doesn't make sense that we can prescribe strong opiates like morphine but not medical cannabis," Dr. Petr Šonka, chairman of the Czech Association of General Practitioners, told Novinky. Šonka further stressed the importance of managing pain for terminal patients.
Furthermore, under the new rules, prescriptions will be valid for up to three months, and insurance will still cover 90% of the expense for up to 30 grams of marijuana per month. Coverage for cannabis extracts will also be expanded.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/41890759/polish-parliamentary-committee-sends-cannabis-decriminalization-petition-to-prime-minister">Polish Parliamentary Committee Sends Cannabis Decriminalization Petition To Prime Minister</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h2 class="wp-block-heading">Proposal To Allow Cultivation And Possession</h2>
The expanded medical marijuana access follows up on the Czech <a href="https://www.benzinga.com/markets/cannabis/24/11/42043465/czech-government-legalizes-cultivation-of-three-cannabis-plants-allows-possession-of-50-grams">government's proposal</a> of a draft law that would reform&nbsp;criminal law regarding cannabis, with changes including relaxed rules on&nbsp;home cultivation and possession. The draft law now needs to be viewed by both chambers of Parliament.
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</ul>
Photo: Benzinga edit with images by <a href="https://www.pexels.com/@rdne/">RDNE Stock project</a> and <a href="https://www.pexels.com/@jules-clark-624979041/">Jules Clark</a> via Pexels

Czech General Practitioners To Prescribe Medical Marijuana For Chronic Pain With Insurance Coverage Starting 2025

TD Cowen analyst Andrew Kligerman maintains Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Buy and raises the price target from $118 to $127.

TD Cowen Maintains Buy on Axis Capital Holdings, Raises Price Target to $127

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<li>KODK</li>
<li>NVDA</li>
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<li>ACHR</li>
<li>DELL</li>
<li>RKLB</li>
<li>TSLA</li>
<li>CORN</li>
<li>AMZN</li>
<li>LOT</li>
</ul>
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ACHR

AMZN

CORN

KODK

MSTR

NVDA

RKLB

TSLA

Top 10 Trending Stocks On WallStreetBets As Of November 27, 2024 (Via Swaggy Stocks)

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Conduit Pharmaceuticals&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cdt-stock-quote/">CDT</a>) stock is rocketing higher on Thursday after the clinical-stage specialty biopharmaceutical company announced <a href="https://www.nasdaq.com/press-release/conduit-pharmaceuticals-enters-exclusive-license-agreement-astrazeneca-multiple">an exclusive license agreement</a> with AstraZeneca&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/azn-stock-quote/">AZN</a>).



This has Conduit Pharmaceuticals obtaining exclusive rights for three product candidates in development at AstraZeneca. That includes HK-4 glucokinase activators AZD1656 and AZD5658, as well as myeloperoxidase inhibitor AZD5904.



Development progress includes AZD1656 and AZD5904 already completing Phase 1 clinical trials. Conduit Pharmaceuticals also notes that it intends to launch Phase 2 clinical trials for AZD1656 and AZD5658 this year. It intends to test their effectiveness as autoimmune disorder treatments.



Conduit Pharmaceuticals CEO Dr.&nbsp;David Tapolczay said the following about the deal.




&ldquo;The potential of these assets to become important first-in-class medicines for patients is promising. Given the data from AstraZeneca&rsquo;s clinical trials, we believe there is a strong rationale to initiate Phase II studies in multiple indications to progress to commercialization of these assets.&rdquo;




<h2>CDT Stock Jumps on AZN Agreement</h2>



News of this license agreement brings with it heavy trading of CDT stock. That has more than 39 million shares of AZN trading hands as of this writing. This is well above its daily average trading volume of about 3 million shares.



CDT stock is up 123.2% as of Thursday morning.



Investors will want to stick around for even more of the most recent stock market news today.



We have all of the hottest market happenings worth reading about on Thursday. That includes the biggest pre-market stock movers this morning and more. All of that info is ready to go at the links below!



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



<ul><li><a href="https://investorplace.com/2024/08/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-aug-8th/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Thursday</a></li>



<li><a href="https://investorplace.com/2024/08/ftnt-stock-alert-why-investors-are-piling-into-fortinet-today/">FTNT Stock Alert: Why Investors Are Piling Into Fortinet Today</a></li>



<li><a href="https://investorplace.com/2024/08/why-is-lyft-stock-down-despite-surprise-q2-profits/">Why Is LYFT Stock Down Despite Surprise Q2 Profits?</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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									</ul>The post <a href="https://investorplace.com/2024/08/why-is-conduit-pharmaceuticals-cdt-stock-up-123-today/">Why Is Conduit Pharmaceuticals (CDT) Stock Up 123% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Conduit Pharmaceuticals (CDT) Stock Up 123% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Conduit Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/cdt-stock-quote/">CDT</a>) just reported results for the second quarter of 2024.<ul><li>Conduit Pharmaceuticals reported earnings per share of -7 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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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/cdt-stock-earnings-conduit-pharmaceuticals-for-q2-of-2024/">CDT Stock Earnings: Conduit Pharmaceuticals Reported Results for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CDT Stock Earnings: Conduit Pharmaceuticals Reported Results for Q2 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are a hot topic on Wednesday and we have all of the biggest stories traders need to know about this morning!



Moving stocks this morning are earnings reports, a stock offering, a reverse stock split and more.



Let&rsquo;s get into that news below!



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



<ol><li>Digital Ally (NASDAQ:<a href="https://investorplace.com/stock-quotes/dgly-stock-quote/">DGLY</a>) stock is rocketing more than 107% alongside heavy pre-market trading.</li>



<li>Viracta Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/virx-stock-quote/">VIRX</a>) shares are soaring over 53% with the <a href="https://www.nasdaq.com/press-release/viracta-therapeutics-reports-second-quarter-2024-financial-results-and-provides">release of its Q2 earnings report</a>.</li>



<li>Conduit Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/cdt-stock-quote/">CDT</a>) stock is surging more than 42% on <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318518494&amp;type=PDF&amp;symbol=CDT&amp;cdn=197541151657f71d6ed19abcc1e0e48e&amp;companyName=Conduit+Pharmaceuticals+Inc.&amp;formType=3&amp;formDescription=Initial+statement+of+beneficial+ownership+of+securities&amp;dateFiled=2024-08-13">an investment update</a>.</li>



<li>Nuburu (NYSEMKT:<a href="https://investorplace.com/stock-quotes/buru-stock-quote/">BURU</a>) shares are rising over 26% despite a lack of news this morning.</li>



<li>Jianzhi Education Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/jz-stock-quote/">JZ</a>) stock is gaining close to 19% even with a <a href="https://www.nasdaq.com/press-release/jianzhi-education-technology-group-company-limited-receives-nasdaq-notification-0">recent delisting notice</a>.</li>



<li>Edible Garden (NASDAQ:<a href="https://investorplace.com/stock-quotes/edbl-stock-quote/">EDBL</a>) shares are increasing more than 18% on <a href="https://www.nasdaq.com/press-release/edible-garden-reports-157-increase-gross-profit-fueled-year-over-year-growth-61-cut">strong Q2 earnings</a>.</li>



<li>Ucloudlink (NASDAQ:<a href="https://investorplace.com/stock-quotes/ucl-stock-quote/">UCL</a>) stock is heading over 16% higher with its <a href="https://www.nasdaq.com/press-release/ucloudlink-group-inc-announces-unaudited-second-quarter-2024-financial-results-2024">most recent earnings report</a>.</li>



<li>Vertex Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/vtnr-stock-quote/">VTNR</a>) shares are jumping 16% with strong early morning trading.</li>



<li>Serve Robotics (NASDAQ:<a href="https://investorplace.com/stock-quotes/serv-stock-quote/">SERV</a>) stock is climbing more than 15% with its <a href="https://www.stocktitan.net/news/SERV/serve-robotics-announces-second-quarter-2024-wqwtqr037uv4.html">Q2 earnings report</a>.</li>



<li>Kamada (NASDAQ:<a href="https://investorplace.com/stock-quotes/kmda-stock-quote/">KMDA</a>) shares are up over 15% after posting <a href="https://www.nasdaq.com/press-release/kamada-reports-strong-second-quarter-and-first-half-2024-financial-results-year-over">positive Q2 earnings results</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>TC BioPharm (NASDAQ:<a href="https://investorplace.com/stock-quotes/tcbp-stock-quote/">TCBP</a>) stock is crashing more than 42% after <a href="https://www.nasdaq.com/press-release/tc-biopharm-announces-pricing-20-registered-direct-offering-2024-08-13">pricing a registered direct offering</a>.</li>



<li>Surgepays (NASDAQ:<a href="https://investorplace.com/stock-quotes/surg-stock-quote/">SURG</a>) shares are plummeting over 26% after <a href="https://www.prnewswire.com/news-releases/surgepays-announces-second-quarter-2024-financial-results-302221503.html">reporting a Q2 loss</a>.</li>



<li>Arcadia Biosciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/rkda-stock-quote/">RKDA</a>) stock is diving more than 16% after <a href="https://markets.businessinsider.com/news/stocks/rkda-stock-earnings-arcadia-biosciences-for-q2-of-2024-1033684150">missing Q2 EPS estimates</a>.</li>



<li>Ouster (NYSE:<a href="https://investorplace.com/stock-quotes/oust-stock-quote/">OUST</a>) shares are taking an over 16% beating on <a href="https://www.businesswire.com/news/home/20240813944318/en/Ouster-Reports-Strong-Revenue-and-Margins-for-Second-Quarter-2024">mixed Q2 earnings</a>.</li>



<li>QuickLogic (NASDAQ:<a href="https://investorplace.com/stock-quotes/quik-stock-quote/">QUIK</a>) stock is tumbling more than 16% with its <a href="https://www.prnewswire.com/news-releases/quicklogic-reports-41-year-over-year-revenue-growth-for-second-quarter-fiscal-2024-302221555.html">latest earnings release</a>.</li>



<li>Brinker International (NYSE:<a href="https://investorplace.com/stock-quotes/eat-stock-quote/">EAT</a>) shares are sliding over 16% after <a href="https://www.investing.com/news/stock-market-news/brinker-international-stock-tumbles-13-on-q4-earnings-miss-93CH-3570960">posting an earnings miss</a>.</li>



<li>Portage Biotech (NASDAQ:<a href="https://investorplace.com/stock-quotes/prtg-stock-quote/">PRTG</a>) stock is falling more than 15% after <a href="https://www.stocktitan.net/news/PRTG/portage-biotech-announces-1-for-20-reverse-stock-sficaewojjpr.html">announcing a reverse stock split</a>.</li>



<li>Global E Online (NASDAQ:<a href="https://investorplace.com/stock-quotes/glbe-stock-quote/">GLBE</a>) shares are decreasing over 14% with its <a href="https://www.stocktitan.net/news/GLBE/global-e-reports-second-quarter-2024-1dq5hcfetvn1.html">Q2 earnings report</a>.</li>



<li>Bionomics (NASDAQ:<a href="https://investorplace.com/stock-quotes/bnox-stock-quote/">BNOX</a>) stock is dropping more than 14% without any clear news this morning.</li>



<li>WISeKey (NASDAQ:<a href="https://investorplace.com/stock-quotes/wkey-stock-quote/">WKEY</a>) shares close out our pre-market stock movers down nearly 14% on a <a href="https://www.nasdaq.com/press-release/sealcoin-secures-50-million-investment-commitment-gem-digital-limited-through-0">new investment</a> <a href="https://www.nasdaq.com/press-release/wisekey-partners-venafi-post-quantum-encryption-services-2024-08-14">and partnership</a>.</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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									</ul>The post <a href="https://investorplace.com/2024/08/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-wednesday-aug-14th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Conduit Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/cdt-stock-quote/">CDT</a>) stock is up on Wednesday following a shareholder update concerning a major investor in the company.



New filings with the Securities and Exchange Commission (SEC) reveal that Nirland Limited <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318518480&amp;type=PDF&amp;symbol=CDT&amp;cdn=ab0223c3ed6ed1bb801100f67e0b2323&amp;companyName=Conduit+Pharmaceuticals+Inc.&amp;formType=SC+13G%2FA&amp;formDescription=%5BAmend%5D+Statement+of+acquisition+of+beneficial+ownership+by+individuals&amp;dateFiled=2024-08-13">holds a 14.8% stake in CDT stock</a>. This comes from the 12.5 million shares off CDT that the company owns, as well as warrants for another 2 million shares.



Nirland Limited&rsquo;s stake in Conduit Pharmaceuticals is based on the company&rsquo;s outstanding shares of CDT stock. That was sitting at 98,004,699 shares at the time of this writing.



Nirland Limited&rsquo;s stake in Conduit Pharmaceuticals comes from a Senior Secured Promissory Note issued earlier this month. This was part of Conduit Pharmaceuticals&rsquo; merger agreement with Murphy Canyon Acquisition Corp.



<h2>CDT Stock Movement on Wednesday</h2>



Following this news, shares of CDT stock are seeing heavy trading today. This has more than 72 million units changing hands as of this writing. That&rsquo;s a massive increase compared to the company&rsquo;s daily average trading volume of about 10 million shares.



CDT stock is up 11.7% as of Wednesday morning. Even so, the clinical-stage specialty biopharmaceutical company&rsquo;s shares are still down 96.7% since the start of the year.



Investors will want to stick around for even more of the most recent stock market stories on Wednesday!



We have all of the hottest stock market news ready to go today! Among that is what has shares of Intuitive Machines&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/lunr-stock-quote/">LUNR</a>), Nuburu&nbsp;(NYSEMKT:<a href="https://investorplace.com/stock-quotes/buru-stock-quote/">BURU</a>) and Clover Health&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/clov-stock-quote/">CLOV</a>) stock on the move today. You can catch up on all of this at the links below!



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



<ul><li><a href="https://investorplace.com/2024/08/trade-of-the-day-explore-the-final-frontier-with-intuitive-machines-lunr-stock/">Trade of the Day: Explore the Final Frontier with Intuitive Machines (LUNR) Stock</a></li>



<li><a href="https://investorplace.com/2024/08/why-is-nuburu-buru-stock-up-47-today/">Why Is Nuburu (BURU) Stock Up 47% Today?</a></li>



<li><a href="https://investorplace.com/2024/08/clov-stock-alert-what-to-know-about-clover-healths-big-insider-buy/">CLOV Stock Alert: What to Know About Clover Health&rsquo;s Big Insider Buy</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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					</li>
									</ul>The post <a href="https://investorplace.com/2024/08/why-is-conduit-pharmaceuticals-cdt-stock-up-12-today/">Why Is Conduit Pharmaceuticals (CDT) Stock Up 12% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Conduit Pharmaceuticals (CDT) Stock Up 12% Today?

06:14 EDT Conduit Pharmaceuticals (CDT) files $100M mixed securities shelf Published first on TheFly – the ultimate source for real-time, market-mo...

Conduit Pharmaceuticals files $100M mixed securities shelf

Conduit Pharmaceuticals ( ($CDT) ) has issued an update. Conduit Pharmaceuticals Inc. recently entered into financial agreements to secure funding,...

Conduit Pharmaceuticals Secures Funding and Modifies Debt Agreements

Conduit Pharmaceuticals announces debt restructuring and additional notes

The latest announcement is out from Conduit Pharmaceuticals ( ($CDT) ). Conduit Pharmaceuticals Inc. has appointed Simon Fry as a director, leverag...

Conduit Pharmaceuticals Announces Leadership Changes and Bylaws Update

Conduit Pharmaceuticals (CDT) announced that the Japan Patent Office, JPO, has granted approval of a composition of matter patent application for t...

Conduit Pharmaceuticals receives further patent approval for AZD1656

The company is not selling any securities under this prospectus and will not receive any proceeds from the sale of its common stock by the selling ...

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Conduit Pharmaceuticals

Conduit Pharmaceuticals (CDT) Options

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Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL