Articles for author: Russ Cohen

Russ Cohen

Outset Medical, Inc. Investigation: Financial Woes and Investor Fallout Outset Medical, Inc. Investigation: Financial Woes and Investor Fallout

Glancy Prongay & Murray LLP (“GPM”), a renowned legal heavyweight in the realm of securities fraud, continues to scrutinize Outset Medical, Inc. (“Outset Medical” or the “Company”), eliciting curiosity and concern among investors embroiled in the unfolding saga. The Financial Fiasco On August 7, 2024, Outset Medical disclosed its second-quarter financial figures for the fiscal ...

Russ Cohen

Nasdaq’s Stricter Delisting Process Impact on Direxion Small Cap Bull And Bear 3X ETFs The Unveiling of Nasdaq’s Proposed Enhanced Delisting Criteria:

Nasdaq’s NDAQ recent move to tighten its delisting procedures for non-compliant companies has set off reverberations in the financial world. The focus is on penny stocks that fail to maintain a minimum bid price above $1 for 30 consecutive sessions, leading to a potential swift exit from the exchange if remedial action is not taken ...

Russ Cohen

United States Antimony Quarterly Earnings Update

Source: iQoncept / Shutterstock United States Antimony (NYSEMKT:UAMY) has recently disclosed its financial performance for the second quarter of 2024. The company has not reported any Earnings Per Share (EPS) figures for the quarter. However, the company has announced revenue of $2.81 million for the period.

Russ Cohen

Comparing TSLA and RIVN: A Deep Dive into the EV Stock Duel

Tesla vs. Rivian: The EV Showdown Upon analyzing two prominent EV stocks – Tesla (TSLA) and Rivian Automotive (RIVN) – through TipRanks’ Comparison Tool, divergent patterns emerge. Tesla glimmers with optimism while Rivian garners a more tempered view. Renowned for its innovative vehicle line-up including the Cybertruck, Tesla stands out for its all-electric vehicles, solar ...

Russ Cohen

Piper Sandler’s Defensive Biotech Selection Amid Market Uncertainty Piper Sandler’s Defensive Biotech Selection Amid Market Uncertainty

ryasick As market volatility rattles investor confidence worldwide, Piper Sandler has unveiled a strategic lineup of eight defensive growth stocks within the biopharmaceutical sector. This announcement follows a turbulent period where equities experienced a 3% dip in the S&P 500 on Monday, catalyzed by a lackluster U.S. jobs report. Although the benchmark index displayed signs ...

Russ Cohen

Unraveling Bitcoin’s Journey: A Riveting Price Evolution Unraveling Bitcoin’s Journey: A Riveting Price Evolution

Bitcoin, the revered pioneer of cryptocurrencies, carved a path for the entire digital asset realm. A meteoric ascent, unlike any traditional asset, saw Bitcoin’s price surge over 1,200 percent from March 2020, eventually peaking at US$69,044 on November 10, 2021. In typical Bitcoin fashion, its infamous volatility set in the following year, plummeting to US$15,787 ...

Russ Cohen

Outset Medical Inc. Securities Investigation Highlights Investor Dismay Outset Medical Inc. Securities Investigation Highlights Investor Dismay

A recent development at Outset Medical, Inc., marked by a plummeting share value, has left investors nursing grievances. The Company’s unsettling second-quarter financial report, divulged on August 7, 2024, sent shockwaves through the investor community. Outset Medical, a symbol familiar to many seasoned investors, did not meet the consensus forecasts, triggering a massive 68.53% drop ...