Stocks Cheers on Upbeat Move: Alcoa Inc. (NYSE:AA), Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD), Boulder Brands, Inc. (NASDAQ:BDBD)

April 25, 2023 8:06 pm16 commentsViews: 53

Alcoa Inc. (NYSE:AA) dropped over 3.21% in early trading session on Wednesday as the Beijing’s panicked reaction to sliding Chinese stock prices must be reasoning a few ripples of anxiety at Alcoa, too. When Alcoa released Q2 results, investors will be looking for any glimmers of a rebound in metal prices, especially aluminum. The company’s stock has suffered, plunging 30% so far in 2015. Aluminum alloy, for instance, fetches about $1,644 a metric ton on the London Metal Exchange. Alcoa Inc. (NYSE:AA) begun last trade with a price of $10.95 and throughout the trading session climbed at a high of $10.99. The day-trade ended with 0.27% to $11.06. The stock is going forward to its 52 week low with 0.82% and lagging behind from its 52 week high price with -37.61%. AA last month stock price volatility remained 1.66%.

Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) signed into a Research, Option and License Agreement and a Share Purchase Agreement with One Way Liver Genomics for the development of a non-invasive, blood-based companion diagnostic tool. Under the License Agreement, Galmed and OWL will work together during Galmed’s Phase IIb ARREST Study to develop a non-invasive blood test including metabolic markers that could potentially predict therapeutic responses to Aramchol, Galmed’s once-daily, oral therapy for the treatment of Non-Alcoholic Steato-Hepatitis, or NASH. Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) stock price closed at $9.87 with the total traded volume of 17639 shares. Its market capitalization is 106.56 Million. The stock owned by the Financial Institutions was 9.80%.

Boulder Brands, Inc. (NASDAQ:BDBD) released that it has restructured its organization to better align functionalteams, get better the Company’s operational effectiveness and deliver improved andconsistent results. These initiatives comprise the integration of Boulder Brands’sales, marketing and innovation functions to activate consumer-driven marketingprograms and drive sustainable profitable growth. The combined sales, marketing and innovation function will be led by Phil Anson,who has been appointed Chief Commercial Officer, effective immediately. Boulder Brands, Inc. (NASDAQ:BDBD) has the market capitalization of 409.96 Million. Shares of firm plunged -0.15% to close at $6.77 with the total traded volume of 555755. The firm has current ratio of 2.20 for the most recent quarter.


Leave a Reply

Show Buttons
Hide Buttons