S2 E37:Atossa Therapeutics ($ATOS) Stock, $AMC and $GME Shutting down Hedge Funds, and The Market Shrugs
In today's episode of compounding lifestyle, Atossa Therapeutics ( $ATOS ) Stock, $AMC, and $GME Shutting down Hedge Funds, and The Market Shrugs. Atossa Therapeutics Set to Be Included in the Russell 2000 and Russell 3000 Indexes. Atossa Therapeutics, Inc. (Nasdaq: $ATOS), a clinical-stage biopharmaceutical company seeking to discover and develop innovative medicines in areas of significant unmet medical need with a current focus on breast cancer and COVID-19, today announced it is set to be added to the Russell 2000 and Russell 3000 Indexes This milestone will take place after the 2021 Russell Indexes’ annual reconstitution, effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted June 4, and June 14, 2021. Atossa Therapeutics Receives Approval from Swedish Regulators to Initiate Phase 2 Clinical Study of Oral Endoxifen to Reduce Mammographic Breast Density. Stocks end higher, with Nasdaq at record after testimony by Fed's Powell. Stocks ended moderately higher Tuesday, with the Nasdaq Composite finishing at a record, after Federal Reserve Chairman Jerome Powell testified before a House panel, elaborating further on the central bank's outlook for growth and inflation. The Dow Jones Industrial Average $DJIA, +0.20% rose around 69 points, or 0.2%, to close near 33,946, according to preliminary figures, while the S&P 500 $SPX, +0.51% gained around 22 points, or 0.5%, ending near 4,246. The Nasdaq Composite $COMP, +0.79% ended near 14,253, a gain of around 112 points, or 0.8%, to eclipse its previous record close at 14,174.14 set on June 14. GameStop raises about $1 bln in the latest equity offering. Videogame retailer GameStop Corp said on Tuesday it had raised about $1.13 billion in an offering of 5 million shares, cashing in on a Reddit-driven surge in its stock price this year. The company will use the net proceeds from the offering for general corporate purposes as well as for investing in growth initiatives, the company said. GameStop is trying to pivot to e-commerce and recently named a chief executive and a finance head to steer it through the transition. A hedge fund that bet against GameStop shuts down. White Square Capital, run by former Paulson & Co trader Florian Kronawitter, told investors that it would shut its main fund and return capital this month after a review of its business model. White Square suffered double-digit percentage losses in January. $ARKX $ATOS $AMC $GME $XOM $TSLA $AAL $BNGO $MARA $O $CRWD $FB $AAPL $FCEL $MGM $GOOGL $EZGO $SHOP $MTCH $DIS $PDD $ $TWTR $AMZN $EBET $PLTR $BFLY $ENZC $GM $ABNB $BUZZ $PTON $TDOC $DDD $U BTC Eth, XLM, DOGE Control the Cash balance today and position yourself accordingly. Let's GO!!!!! Research Links: www.Finviz.com www.Nasdaq.com Learn more about options: https://tinyurl.com/Compounding-Lifestyle Music-Footprints-Playglenthomas Voice Mail link, show us some love, call in to ask questions: https://anchor.fm/compounding-lifestyle/message (copy/paste the URL) Robinhood link: https://join.robinhood.com/arristw DISCLAIMER: These Podcasts are for educational purposes only. Nothing in this podcast should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Do your research and due diligence. --- Support this podcast: https://podcasters.spotify.com/pod/show/compounding-lifestyle/support