From Nasdaq:

Cytokinetics, Incorporated (CYTK) saw an increase of 82.5% after its heart disease drug met late-stage study goals. Tesla (TSLA) shares rose 1.9% due to reports from Bloomberg that the company is working on an upgraded version of the Model Y in its Shanghai Gigafactory, scheduled for production in mid-2024. The New York Times Company (NYT) shares rose 2.8% following the company’s lawsuit filing against Microsoft Corporation (MSFT) and OpenAI. On the other hand, shares of Iovance Biotherapeutics, Inc. (IOVA) fell 18.7% due to regulatory authorities imposing a clinical hold on the company’s trial of LN-145 for non-small-cell lung cancer. Visit Zacks.com for the latest comprehensive stock analysis reports on these companies.



Read more: Company News for Dec 28, 2023