an article talks about how the prices of crude oil went down a bit and the prices of shares from a company called Addex Therapeutics went up a lot. This means that people are more interested in buying shares from Addex Therapeutics than they are in buying oil. The article also talks about how different stock markets, like the ones in the United States, Europe, and Asia, are doing. Some are going up and some are going down, but overall, things are pretty mixed. Read from source...
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1. Ensysce Biosciences (ENSC) received a $14 million multi-year grant from the NIH for the continued development of its PF614-MPAR, an abuse-
deterrent opioid with overdose protection. Investors could consider investing in ENSC given its potential and the grant it received. However, like any investment, there is always a degree of risk. The company's success is dependent on its ability to bring its product to market, which is always uncertain.
2. Addex Therapeutics Ltd (ADXN) shares surged 39% after the company and Indivior selected clinical candidates from their GABAB positive allosteric modulator research collaboration. The company is eligible for up to $330 million on achievement of milestones and royalties. This indicates strong potential in the biotech sector for investors, but it comes with the inherent risks involved in biotech investments, such as the risks associated with clinical trials and obtaining regulatory approvals.
3. VOXX International Corporation (VOXX) shares were up, gaining 70% after announcing strategic alternatives process to maximize valuation. This indicates a potential buying opportunity for investors, though they should be cautious given the high level of risk involved in investing in such a volatile market.
4. Altisource Asset Management Corporation (AAMC) shares dropped 48% after the company announced its intention to voluntarily delist and deregister its common stock from the NYSE American LLC. This indicates a potential selling opportunity for investors, but they should carefully consider the risks and the company's prospects before making any decision.
5. COSCIENS Biopharma Inc. (CSCI) shares were down 26% after the company announced results from Phase 3 DETECT-trial of AEZS-130-
P02. Investors should note the risks involved in investing in biotech companies, including the risks of clinical trial failures and regulatory challenges. However, if investors believe in the potential of the company and its product, the decline in share price could be seen as a buying opportunity.
6. Hain Celestial Group, Inc. (HAIN) reported better- than-expected quarterly results, beating the analyst consensus estimate of 8 cents with adjusted earnings per share of 13 cents. Despite missing the street view for quarterly revenues of $418.80 million, investors could consider investing in HAIN given its overall positive financial performance. However, as with any investment, there are always risks. Investors should carefully consider the company's prospects and risks before making any investment decision.
Please note that these are not recommendations but potential opportunities that investors should carefully consider before making any investment decision.