Noticias y eventos de Immunovant Inc (IMVT)IMVTImmunovant Inc

Immunovant Cash and Cash Equivalents Reach $902.1M

As of March 31, Immunovant's cash and cash equivalents totaled approximately $902.1M, providing runway for announced indications through the potential commercial launch of IMVT-1402 in GD.

Major Averages Decline as Oil Prices Rise

The major averages were lower near noon as traders continue to monitor the war in Iran and increasing oil prices. The top indices came off earlier lows after the Islamic Republic News Agency said that Iran and Oman are drafting a protocol to "monitor" traffic through the Strait of Hormuz. The news comes after President Donald Trump delivered an address on Wednesday night, during which he said that the U.S. is "getting very close" to ending the war, though Trump added that the U.S. would "hit" Tehran "extremely hard." Following the comments, WTI and Brent crude futures both jumped as the U.S. and European benchmarks hold well above $100 per barrel.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Amazonis in talks to acquire Globalstar,Teslareported 358,023 vehicle deliveries in Q1, which William Blair said wasFordreported anin Q1 U.S. vehicle salesImmunovantsaid its two Phase 3 studies of batoclimab failed toFollowing President Trump's address last night, shares of energy companies like BPand Chevronwhile travel stocks, including Carnivaland JetBlue, were slipping2. WALL STREET CALLS:Wingstopto Overweight at Piper Sandler and to Strong Buy at Raymond JamesRTXto Buy at Melius ResearchOllie's Bargain Outletto Buy at JefferiesWix.comto Neutral at UBSAkamaito Neutral at Baird3. AROUND THE WEB:Hershey (HSY) will change the chocolate in a small portion of its Reese's and Hershey's products to use "classic milk and dark chocolate recipes," with the shift to pure chocolate ingredients affecting less than 3% of Reese's products and a sliver of Hershey's products, Bloomberg saysGoogleis developing a fitness band meant to compete with wearable devices from upstarts such as Whoop and Oura Health Oy, Bloomberg reportsIntelis planning to invest another $15M in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, Reuters saysPublicis Groupeis acquiring sports-marketing agency 160over90 from WME Group for more than $500M, WSJ reportsSam's Club, which is owned by Walmart, said it plans to increase its annual membership fee by $10, offering its one-year basic membership option for $60 and its higher-tier option for $120, CNBC says4. MOVERS:Transoceanincreases after beingPenguin Solutionsgains afterand providing guidance for FY26Intuitive Machineshigher after34.57M shares of stockTeluslower in New York after TD Securitiesthe stock to HoldBCElower in New York after TD Securitiesthe stock to Hold5. EARNINGS/GUIDANCE:Acuity Brands, with EPS and revenue beating consensusAngioDynamicsand narrowed its guidance for FY26Scotts Miracle-Grofor FY26AirSculpt, with EPS higher year-over-yearBassett Furniture (BSET), with EPS and revenue lower year-over-yearINDEXES:Near midday, the Dow was down 0.43%, or 199.23, to 46,366.51, the Nasdaq was down 0.33%, or 71.90, to 21,769.05, and the S&P 500 was down 0.26%, or 17.14, to 6,558.18.