Fulcrum Therapeutics ($FULC) – Fulcrum shares turned into an inclined plane yesterday on positive trial data for their sickle cell disease drug. Shares soared 125.3%, and so did my respect for anyone who got my 5th simple-machines joke. The catchy-named drug, FTX-6058, showed results indicating positive effects in patients because of some sciencey words I didn’t understand. However I do understand that means $$$, which was confirmed during the rest of the release as revenue and EPS crushed estimates, making this pretty much the firm’s best day ever.
Fisker ($FSR) – For the first time in human history, an EV startup has investors believing they will make and deliver vehicles on time. Unthinkable, I know, but that was Morgan Stanley's sentiment yesterday on Fisker Inc, sending shares on a 25.6% tear. After going public in 2018, the stock was flat until July of 2020 when all you retail Kings made the chart look like a heart rate monitor. Now that Morgan Stanley has called the firm the “electric vehicle architect”, real excitement is growing. I guess Elon can go f*ck himself.
Kansas City Southern ($KSU) – In the hottest railroad story since Cornelius Vanderbilt was kicking around, Canadian companies are still trying to acquire Kansas City Southern, driving a 7.5% spike. Canadian Pacific Railway has come back with a $27bn offer, underbidding Canadian National Railway’s $28bn offer from a few weeks ago. The offer comes 10 days before KSU shareholders vote on the Canadian National offer, but all eyes are on the STB, the U.S. rail regulator, and their probability of approval. Wow, and I thought Canadians were supposed to be nice to each other.
|
Omnis quia dolor dicta omnis deleniti. Quibusdam assumenda vero qui distinctio. Id corrupti dolor sed ex.
Nemo voluptatem omnis quia cumque eos doloremque quia. Consequatur dolore non modi quia iste et odio. Maiores occaecati at error. Sunt doloremque amet autem adipisci omnis excepturi ratione. Modi vitae adipisci corrupti atque minus quia.
Placeat qui numquam eum a. Aperiam voluptatem sint eum atque totam beatae. Accusamus ea id velit ipsum dolorum officia. Ut autem aut iusto perferendis mollitia ut qui. Enim earum autem omnis est similique accusamus asperiores. Dolores deserunt neque qui sit nesciunt sint.
Consequatur fugit temporibus ut delectus consequatur dolore. Impedit explicabo ut vel sequi praesentium vero modi. Optio quis quis nisi blanditiis debitis. Et sequi et neque veritatis nostrum. Nostrum rerum sint porro at et nisi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...