Momentum Equities

Anika Therapeutics Due Off Halt at 435 PM ET

Anika Therapeutics Due Off Halt at 435 PM ET

May 2, 2018 at 4:28 pm

Anika Therapeutics (ANIK) is due off a trading halt at 435 PM ET. The company said Q1 sales slipped to $21.3 million from the year-ago period’s $23.4 million and missesd the CapIQ mean for $24.3 milllion. It swung to a net loss per share of $0.46 from a $0.37 profit last year and missed forecasts for a quarter gain. ItRead More

Facebook in Relief Rally as CEO Zuckerberg & Deutsche Bank Soothe Nerves

Facebook in Relief Rally as CEO Zuckerberg & Deutsche Bank Soothe Nerves

April 5, 2018 at 1:03 pm

Shares of Facebook (FB) climbed more than 2% intraday day after Deutsche Bank analyst Lloyd Walmsley is reported to have reiterated a Buy rating and $200 price target on the company, saying he is “cautiously optimistic a bottom is in,” according to media reports. That comes as CEO Mark Zuckerberg told reporters, according to CNBC, that he had not seenRead More