Scotiabank Downgrades AST SpaceMobile After Share Price Surge
Scotiabank cut AST SpaceMobile to Underperform, warning the stock price has risen to irrational levels and cash flows may not arrive until 2028–2029.
Scotiabank cut AST SpaceMobile to Underperform, warning the stock price has risen to irrational levels and cash flows may not arrive until 2028–2029.
Compass Pathways receives FDA approval to begin late-stage PTSD trials with COMP360 psilocybin treatment while preparing for potential 2026 launch for treatment-resistant depression.
GSK and Ionis announce breakthrough results for bepirovirsen, a potential first-in-class treatment offering functional cure for chronic hepatitis B in just six months.
MSCI postpones plan to exclude digital asset treasury companies like Strategy from its indexes, launching broader review of non-operating firms while maintaining current treatment.
Piper Sandler and Baird downgrade Deckers Outdoor stock, citing heavy discounting at Hoka and Ugg and concerns about long-term brand health.
Jefferies cut First Solar to Hold from Buy, lowered its price target, and raised concerns about 2026 visibility, strategy, and limited upside for the stock.