Tue, Apr 16, 2024 11:10 AM
Stocks in focus: Ruchit Jain of 5paisa recommends ONGC and Birlasoft Future
A Flip by Riya Sharma
Avenue Therapeutics ATXI shares are trading lower by 20.7% to $4.92 during Monday’s session after the company announced the exercise of warrants for $4.4 million in gross proceeds. These warrants were issued at different times with various exercise prices, but the warrant holders have agreed to exercise them at a reduced price of $6.20 per share.
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Mullen Automotive, Inc. MULN shares are trading higher Monday after the company announced the California Air Resources Board has approved the 2024 Mullen THREE for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). The Details: Under HVIP, the 2024 Mullen THREE EV truck, with a suggested MSRP of $68,500, qualifies for a cash voucher of up to $45,000.
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ZyVersa Therapeutics, Inc. ZVSA shares are trading higher Monday after the company announced the publication of a scientific paper in a peer-reviewed journal that reinforces the rationale for inhibiting ASC with IC 100 to potentially attenuate cardiac comorbidities in patients with Alzheimer’s Disease.
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