Tag Archives: jump

Geron, Madrigal Pharmaceuticals jump on good news from FDA

Geron, Madrigal Pharmaceuticals jump on good news from FDA

Shares of both Geron (GERN) and Madrigal Pharmaceuticals (MDGL) are soaring after receiving positive news from the Food and Drug Administration. For Geron, an FDA advisory panel backed its blood disorder treatment. For Madrigal, the FDA approved its treatment for a liver disease known as nonalcoholic steatohepatitis, or NASH. Yahoo Finance’s Josh Lipton and Julie Hyman discuss the stocks’ reaction in the video above. For more expert insight and the latest market action, click here to watch this… Source link

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Russia’s Yandex reports full-year revenue jump, spinoff in focus

Russia’s Yandex reports full-year revenue jump, spinoff in focus

MOSCOW (Reuters) – Russian search engine giant Yandex on Thursday reported a 53% jump in full-year revenue to 800.1 billion roubles ($8.72 billion), driven by organic growth across the business, from search and advertising to e-commerce and ride-hailing. Yandex’s Nasdaq-listed and Dutch-registered parent, Yandex NV, last week agreed to spin off some assets in a cash and shares deal worth $5.2 billion, a far cry from the company’s value before Moscow sent its army into Ukraine in February… Source link

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