Streetbeat News

Regulatory

XRAY

Kessler Topaz Meltzer & Check, LLP is investigating potential federal securities law violations by DENTSPLY SIRONA Inc. (NASDAQ:XRAY) following the company's suspension of sales and marketing of Byte Aligners and Impression Kits due to regulatory reviews.

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November 22, 2024 | 3:30 pm

MDT

Medtronic has received FDA approval for its InPen app, which is a significant step towards launching its Smart MDI system. This approval is expected to positively impact Medtronic's stock in the short term.

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November 22, 2024 | 3:30 pm

JL

J-Long Group Limited (Nasdaq: JL) announced a 1-for-10 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement. The split will be effective on December 3, 2024, with trading on a split-adjusted basis starting December 4, 2024.

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November 22, 2024 | 3:30 pm

CBOE

Cboe Global Markets, Inc. is set to launch the first cash-settled index options related to spot Bitcoin on December 2. These options will be based on the new Cboe Bitcoin U.S. ETF Index and will be available on the Cboe Options Exchange.

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November 22, 2024 | 3:30 pm

ARKB

Bitcoin is nearing the $100,000 mark as the crypto market experiences a rally following the elections. Additionally, SEC Chair Gary Gensler is planning to step down, which could have implications for the regulatory environment surrounding cryptocurrencies.

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November 22, 2024 | 3:00 pm

DKNG

DraftKings reported strong Q3 earnings with a 39% year-over-year revenue growth, despite facing regulatory and tax challenges in the sports betting industry. The company's growth strategy includes aggressive marketing and expansion into new states and international markets. However, potential tax increases and regulatory changes pose risks to profitability.

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November 22, 2024 | 2:45 pm

GOOG

The Department of Justice (DOJ) is demanding that Google sell its Chrome browser, which is the world's most popular internet browser.

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November 22, 2024 | 2:45 pm

HIMS

Hims & Hers Health (NYSE: HIMS) saw a 14% increase in stock price over the past week, largely due to the U.S. FDA's request for more time to confirm a shortage of Eli Lilly's weight loss drug, Zepbound.

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November 22, 2024 | 2:15 pm

UPXI

Upexi, Inc. (NASDAQ:UPXI) received a Non Compliance Letter from Nasdaq for failing to timely file its Form 10-Q Quarterly Report for the period ended September 30, 2024. The company plans to file the report shortly after its Form 10-K Annual Report.

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November 22, 2024 | 2:15 pm

TMXXF

TMX Group Limited has informed shareholders about the impact of the Canadian Union of Postal Workers' strike on the delivery of its Q3 2024 financial statements. The documents are available online, and physical copies will be mailed once postal services resume.

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November 22, 2024 | 2:15 pm