Shares of Penn Entertainment experienced a significant boost on Thursday after a major shareholder expressed its desire to secure seats on the company's board. This shareholder is none other than hedge fund HG Vora Capital Management, which currently holds an impressive 18.5% stake in Penn Entertainment, comprising both common stock and swaps. In a securities filing known as a … [Read more...] about Penn Entertainment Share Surge
stock surge
Bionomics Reports Successful Study of Lead Drug Candidate in PTSD
Shares of biotechnology company Bionomics experienced a significant surge in early trading on Thursday following the announcement of successful results from their Phase 2b study of their lead drug candidate for post-traumatic stress disorder (PTSD). Promising Results and Market Reaction The Australia-based company's shares soared almost four-fold to $3.89 as investors reacted … [Read more...] about Bionomics Reports Successful Study of Lead Drug Candidate in PTSD
Fluor Corp. Stock Surges on Strong Q3 Earnings
Overview Fluor Corp.'s stock (FLR, +0.06%) experienced a significant boost of 8% during premarket trading on Friday. The engineering and construction services company, headquartered in Irving, Texas, reported its third-quarter financial results and exceeded analysts' expectations. Financial Performance Fluor recorded a net income of $61 million, equivalent to 35 cents per share … [Read more...] about Fluor Corp. Stock Surges on Strong Q3 Earnings
