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Hand-Spun Success: Why Did Shake Shack’s Shares Jump Today?

Hand-Spun Success: Why Did Shake Shack’s Shares Jump Today?

Dec 11, 2023

NEW YORK, NY, December 11, 2023 - Shares in the casual dining chain, Shake Shack ($SHAK) jumped nearly 10% today after the company provided a financial outlook for 2024 and announced the departure of its long-time CEO, Randy Garutti. Mr. Garutti will continue to lead Shake Shack as CEO and as an executive Board member until early 2024. The company stated it would retain Mr. Garutti as an advisor through the end of 2024 to ensure a seamless transition....

MyMD Tackles Rheumatoid Arthritis with Launch of Phase 2 Trial in Early 2024

MyMD Tackles Rheumatoid Arthritis with Launch of Phase 2 Trial in Early 2024

Dec 11, 2023

NEW YORK, NY, December 11, 2023 - The FDA has cleared an Investigational New Drug Application (IND) for MyMD Pharmaceuticals (Nasdaq: MYMD) to initiate a Phase 2 clinical trial of oral MYMD-1® as a treatment for rheumatoid arthritis (RA). The company plans to launch the trial in the first quarter of 2024. Chris Chapman, M.D., president, director, and chief medical officer of MyMD Pharmaceuticals, said, “With the FDA’s recent clearance of our IND in RA, we are moving forward with plans to...

PRISM Analysis: Stocks Making the Biggest Moves in Thursday Trading

Dec 7, 2023

NEW YORK, NY, December 07, 2023 - US equities are settling mostly higher in Thursday midday trading, with big tech broadly higher as Google ($GOOG) rallies after the company’s launch of Project Gemini, an AI model trained to behave in human-like ways. Airlines, including JetBlue ($JBLU), credit cards and chemicals are performing well. https://prismmarketview.com/prism-analysis-stocks-making-the-biggest-moves-in-thursday-trading/ Notable gainers for the day include Verint Systems ($VRNT) which...

PRISM Next Gen Tech Company Spotlight: The Glimpse Group’s Journey into the Future

Dec 7, 2023

NEW YORK, NY, December 07, 2023 - In the ever-evolving landscape of technological innovation, the Glimpse Group, Inc. (VRAR) emerges as a beacon of creativity and ingenuity, weaving a future where virtual and augmented realities seamlessly blend with our daily lives. Glimpse, combines reality with the extraordinary, allowing for the future to become a tangible reality. https://prismmarketview.com/companies/the-glimpse-group/ Company Snapshot: A Glimpse into Glimpse Group At the heart of...

PRISM MarketView Biotech Index Top Mover Spotlight: Kamada (KMDA)

Dec 7, 2023

NEW YORK, NY, December 07, 2023 - PRISM MarketView, a leading provider of unbiased market insight and company news, highlights Kamada Ltd. (Nasdaq: KMDA), a commercial-stage global biopharmaceutical company with a portfolio of products for rare and serious conditions and a leader in the specialty plasma-derived field, today announced it has inked its largest commercial agreement to date, set to take effect in January 2024. https://prismmarketview.com/companies/kamada-ltd/...

PRISM MARKETVIEW HIGHLIGHTS ALTIMMUNE’S POSITIVE TOPLINE RESULTS IN OBESITY DRUG TRIAL

Dec 5, 2023

NEW YORK, NY, December 05, 2023 - PRISM MarketView, a leading provider of unbiased market insight and company news, highlights Altimmune, Inc. (Nasdaq: ALT) which has reported positive topline results from its 48-week MOMENTUM Phase 2 obesity trial of pemvidutide. https://prismmarketview.com/companies/altimmune-inc/ The company’s study enrolled 391 subjects with obesity and at least one comorbidity. Over 50% of subjects achieved at least 15% weight loss and over 30% of subjects achieved at...

Federal Reserve “Increasingly Confident” Policy Positioned to Slow Economy, Reduce Inflation; WTI and Brent Rebound from Morning Lows

Nov 28, 2023

NEW YORK, NY, November 28, 2023 - PRISM MarketView, a leading provider of unbiased market insight and company news, today provides its PRISM Emerging Oil & Gas overview. US equities were narrowly mixed in Tuesday afternoon trading as November consumer confidence increased to 102 on the index, ahead of economists’ expectations. The S&P 500 Energy Index was up +0.85% versus the S&P 500 which rose +0.33%. The XLE settled at +0.82% while the XOP rose by +0.77%. The day’s PRISM Oil...

PRISM MarketView Spotlights Significant Market Opportunities in Global Health with Launch of Emerging Public Health Index

Nov 14, 2023

NEW YORK, NY, November 14, 2023 - PRISM MarketView, a leader within the financial markets and news community, has debuted its PRISM Emerging Public Health Index. https://prismmarketview.com/index/public-health/ The Public Health segment highlights the most critical health crises impacting the world’s population today - including dementia, diabetes, stroke, hypertension and heart disease - as identified by the World Health Organization (WHO). The PRISM Public Health index focuses on the...

PRISM MarketView Insight: Is It Time to Invest in Small-Cap Stocks?

Nov 7, 2023

NEW YORK, NY, November 7, 2023 - As the Russell 2000 recently recorded its best week in over two years, investors are turning their attention to the potential end of the Federal Reserve’s interest rate hike cycle. This shift in sentiment has sparked a remarkable surge in previously downtrodden market segments, with the index climbing more than 7.5%. Lori Calvasina, RBC Capital Markets' Head of US Equity Strategy, believes there is still room for growth as small-cap stocks begin to benefit from...

PRISM Emerging Clean Energy Index Highlights: Uranium Companies Outshine as Solar Demand Dips in 2023

Nov 2, 2023

NEW YORK, NY, November 2, 2023 - The clean energy sector has experienced a tumultuous year, with the solar industry facing a potential downturn in installation demand. Yet, amid the turbulence, not all is grim within the realm of sustainable energy. A shining beacon of resilience has been the nuclear energy segment, largely propelled by the enduring need for uranium as nuclear fuel. In 2023, uranium companies have notably outperformed their clean energy counterparts. The demand for uranium, a...

PRISM MarketView Oil & Gas Index Update: WTI Crude Reverses Gains, Earnings Season in Full Swing

Nov 1, 2023

NEW YORK, NY, November 1, 2023 - PRISM MarketView, a leading provider of market insight and company news, today provides its PRISM Emerging Oil & Gas overview. US equities finished mostly higher in Wednesday afternoon trading, near best levels. The S&P 500 Energy Index closed down (0.33%) versus the S&P 500 which was up +1.05%, the XLE declined by (0.23%) and the XOP was down (0.19%). Today’s PRISM Oil & Gas Index update saw WTI crude ending down 0.7%, reversing earlier gains,...

PRISM MARKETVIEW’S EMERGING HEALTHCARE INDEX HIGHLIGHTS LIFEMD, INC. AS ITS LARGEST YTD GAINER, UP ~226%

Nov 1, 2023

NEW YORK, NY, November 1, 2023 - LifeMD, Inc. is the current YTD leader in the PRISM Emerging Healthcare Index. The company has seen a ~226% increase this year and is trading at approximately $6 per share. This price falls on the higher end of its 52-week range of $1.14 – $7.40 which may indicate the potential for continued growth in a potentially shorter time frame. The company’s market cap is $227MM with a 3-month average trading volume of 500K shares. ...

PRISM MarketView Highlights Its Spooktacular Zombie Index For Halloween

Oct 30, 2023

NEW YORK, NY, October 30, 2023 - Halloween is the time of year where everyone has the chance to wear a costume and enjoy some spooky activities to celebrate the season such as indulging in a pumpkin flavored treat or visiting a haunted house. If you are still uncertain about what costume to wear, we are here to guide you with some timely costume ideas. For those who are looking for some thoughtful disguises and investment insights, we will be highlighting a series of Zombie stocks that are...

10 Biotech Stocks Below Cash Value with Key Catalysts on the Horizon: An Analysis

Oct 24, 2023

NEW YORK, NY, October 24, 2023 - The biotech sector, known for its exponential growth potential, is currently facing highly challenging market conditions. Influences like rising inflation, geopolitical tensions, and looming economic recessions have led to a sharp decline in the sector. Consequently, many small and micro-cap biotech companies are trading at all-time lows, with several down by over 80-90% in recent years. This downturn has led to many biotech firms trading below their cash...

PRISM MarketView Launches Mental Health Index on World Mental Health Day

Oct 11, 2023

Index Highlights Innovative Companies Addressing the Unseen Challenges of Mental Disorders New York City, October 11, 2023 - In honor of World Mental Health Day, which raises awareness of mental health issues on a global scale, PRISM MarketView has introduced the Prism Emerging Mental Health Index, a proprietary index focused on pioneering stocks offering innovative treatments for mood issues, anxiety, personality disorders and more....