{"id":45662,"date":"2021-10-20T10:26:37","date_gmt":"2021-10-20T14:26:37","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=45662"},"modified":"2021-10-20T10:26:37","modified_gmt":"2021-10-20T14:26:37","slug":"stocks-taking-center-stage-on-wall-street-rdusphcfsesnfwbiblbx","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/stocks-taking-center-stage-on-wall-street-rdusphcfsesnfwbiblbx-45662","title":{"rendered":"Stocks taking center stage on Wall Street (RDUS,PHCF,SESN,FWBI,BLBX)"},"content":{"rendered":"<p>The darling of Wall Street received a downgrade from Deutsche Bank downgraded Netflix (NASDAQ:NFLX) to hold from buy and maintained its 12-month price target of $590, which is 7% below where the stock closed Tuesday. However, Wall Street is still optimistic with Facebook (NASDAQ:FB) and other tech stocks reporting later this week and next. Below are some stocks that are gaining attention from Wall Street today:<\/p>\n<p>Radius Health (NASDAD:RDUS) shares are soaring today after the company announced topline results from the EMERALD Phase 3 study evaluating elacestrant as second- or third-line monotherapy in ER+\/HER2- advanced\/metastatic breast cancer patients. Treatment with the test compound showed a statistically significant increase in progression free survival in ER+\/HER2- advanced\/metastatic breast cancer patients.<\/p>\n<p>Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) has gained over 26% on a heavy trading volume. There seems to be no new news from the company besides the one in August. Back in August, PHCF had announced that it closed a registered offering of a 10% Original Issue Discount Convertible Subordinated Debenture in the principal amount of\u00a0<span class=\"xn-money\">$2,750,000<\/span>\u00a0(&#8220;Debenture&#8221;) as of\u00a0<span class=\"xn-chron\">August 20, 2021<\/span>.<\/p>\n<p>Sesen Bio Inc (NASDAQ:SESN) is ripping in today&#8217;s market after the company announced that the FDA has granted its request for a Type A meeting to discuss issues raised in the FDA&#8217;s complete response letter related to vivineum. More than 50M shares have exchanged hands and the stock is currently trading at mere $1.33.<\/p>\n<p>First Wave BioPharma, Inc (NASDAQ:FWBI) received a \u00a0\u201cStudy May Proceed\u201d letter for the Company\u2019s Phase 2a PASSPORT trial investigating FW-ICI-AC as a treatment for Grade 1 and Grade 2 colitis and diarrhea in oncology patients receiving treatment with immune checkpoint inhibitors (ICIs).<\/p>\n<p>One small cap company that is looking to go public on NASDAQ is Blackboxstocks Inc (OTC US:BLBX). After launching BlackBoxStocks in 2014 and building it on \u201cshoestrings,\u201d the startup is bucking the VC route, uplisting from the OTC Pink market in an effort to give everyone a \u201cshot at getting a piece of the action in an early stage,&#8221; Kepler said. See More <a href=\"https:\/\/www.bizjournals.com\/dallas\/inno\/stories\/news\/2021\/10\/18\/blackboxstocks-ipo-gust-kepler.html\"><strong>HERE<\/strong><\/a><\/p>\n<p class=\"article-content-item article-content-item--paragraph not-paywalled-content\">BlackBoxStocks has traded under the same OTC symbol since 2015. At close on Oct. 14, the company\u2019s stocks were trading at $7.05 per share. While\u00a0<em>Yahoo! Finance\u00a0<\/em>currently\u00a0<a href=\"https:\/\/finance.yahoo.com\/quote\/BLBX\/\" target=\"_blank\" rel=\"noopener\">lists<\/a>\u00a0BlackBoxStocks\u2019 market cap on the OTC markets at more than $68.5 million, Kepler said he estimates it at around $100 million, a discrepancy he attributes to the deal structure of early-stage VC and private equity investors.<\/p>\n<p class=\"article-content-item article-content-item--paragraph not-paywalled-content\">\u201cWe felt there was a better way to capitalize a company. We&#8217;d raise our own money initially,\u201d Kepler said, \u201cWe didn&#8217;t want to do any highly dilutive issuances in the interim before we can get to a larger exchange, so we toughed it out.\u201d A complete research report can be found at <a href=\"https:\/\/www.thebullreport.com\/blbx\/\"><strong>HERE.<\/strong><\/a><br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The darling of Wall Street received a downgrade from Deutsche Bank downgraded Netflix (NASDAQ:NFLX) to hold from buy and maintained its 12-month price target of [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":45604,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[15965,16057,16053,16055,16054,16056],"stock_ticker":[],"class_list":["post-45662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blbx","tag-fwbi","tag-otcmktsblbx","tag-phcf","tag-rdus","tag-sesn","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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