According to the company, these board additions are part of a broader effort to strengthen its go-to-market strategy, outlined during the August earnings call.
The company identified that a single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries to hide approximately $132 to $154 million of cumulative delivery expenses.
The CEO noted that the findings also impact the company’s second Phase 3 trial, ReFocus-ALZ, which has now been discontinued alongside an Open Label Extension study.
Bernstein noted that MicroStrategy owns approximately 1.7% of the global Bitcoin supply, and expects it to grow to 4% by 2033.
Jefferies reportedly raised its price target on ZIM to $28 from $25, while keeping a ‘Hold’ rating on the stock.
If pre-market gains hold, Rocket Lab shares could set a new all-time high at the open, following Friday's record-breaking close.
AI and crypto-levered assets attracted more new retail interest on Stocktwits platform.
Uxin said its superstore model has proven to be successful, showcasing strong competitiveness and significant growth potential.
The US market rebounded in the week ended Nov. 22, with small-caps outperforming their larger peers.
The AI software stocks have now joined in the “AI Party” following Nvidia and hyperscalers
