Perfect Corp. Shares Soar on CEO-Led $1.95 Buyout Proposal
Perfect Corp. shares jump 29% after receiving a non-binding $1.95-per-share buyout proposal from a group led by CEO Alice H. Chang, representing a 44% premium.
Perfect Corp. shares jump 29% after receiving a non-binding $1.95-per-share buyout proposal from a group led by CEO Alice H. Chang, representing a 44% premium.
Ovid Therapeutics shares climbed after swinging to a surprise Q4 profit beat and raising $60 million via PIPE financing. Funds will expand OV329 development into tuberous sclerosis complex and infantile spasms.
Citi starts LCID coverage with Buy rating and $17 PT, citing positive inflection from Gravity launch, 2026 Cosmos production, and Uber robotaxi ops by year-end.
RBC Capital downgrades Starbucks to Sector Perform from Outperform, citing higher labor costs, smaller savings, and elevated growth expectations near peak valuation.
Argus downgrades Duolingo stock from Buy to Hold, citing pressure on revenue from focus on daily user growth via chess, math, and music expansions.
TD Cowen upgrades Grail to Buy from Hold with $65 target after 60% selloff. Analyst sees attractive entry in multi-cancer detection despite NHS study miss.