Tenax Therapeutics Inc (NASDAQ:TENX) (Benzinga)
Tenax Therapeutics Inc shares surged 140.5 percent to $ 11.16 as the company reported the publication of preclinical data showing added evidence of levosimendan treatment effects in pulmonary hypertension.
Overstock.com Inc (NASDAQ:OSTK) (The Wall Street Journal)
Overstock.com Inc. shares fell as much as 10% Thursday morning after the company’s cryptocurrency-focused subsidiary, tZero, said that the Securities and Exchange Commission was investigating its sale of digital tokens. In a securities filing Thursday, the online retailer revealed that the SEC requested information about tZero’s initial coin offering, or ICO, in December.
Horoscope/Shutterstock.com
Box Inc (NYSE:BOX) (The Motley Fool)
What happened: Shares of enterprise cloud storage provider Box (NYSE:BOX) slumped on Thursday following a fourth-quarter report that mostly beat analyst estimates. The company’s guidance, however, fell short of expectations, prompting a double-digit plunge in the stock price. The stock was down about 20% at 12:10 p.m. EST. So what: Box reported fourth-quarter revenue of $136.7 million, up 24% year over year and in line with the average analyst estimate.
Patterson Companies, Inc. (NASDAQ:PDCO) (MarketWatch)
Shares in Patterson Cos. PDCO, -27.52% fell 21% in morning trading after it missed a profit target from analysts in its third quarter and lowered its outlook for the current fiscal year. The St. Paul, Minn., dental and animal-health products supplier blamed part of the decline in dental segment sales on changes in its sales force, among other operational changes. Patterson reported a profit of $109 million, or $1.18 a share, compared with $24.5 million, or 26 cents a share, for the same period a year ago. The company reported adjusted earnings of 43 cents a share on $1.38 billion in sales in its latest quarter. Analysts polled by Thomson Reuters expected a profit of 52 cents a share on $1.38 billion in revenue.
