GLP-1 weight-loss drug, whose full name is Glucagon-like peptide-1 receptor agonist. Initially, GLP-1 was a hormone secreted by the gastrointestinal tract mainly used for treating diabetes, but it has also been used to suppress appetite and control weight.
The current stock price is trading above 5EMA, 10EMA and 20EMA. The trend is likely to be up. RSI has turned up too. The stock price is trading above the mid band and may be heading towards the upper band 30.04. The stock has turned bullish due to the upcoming meeting between the activist investor, Starboard Value, and Pfizer CEO on 16 Oct, Wednesday.
Pfizer appointed a former chief executive officer at Vanguard, the drug giant's biggest investor, to its board on Tuesday as it faces pressure from activist hedge fund Starboard Value.
Mortimer "Tim" Buckley served as Vanguard's chairman and chief executive until this year when he announced his retirement. Buckley is 55.
Esperion could also partner in the U.S .
Keep an...
Let's take a closer look. Compared to the 2 previous small peaks, there is a trading volume decline and a neutral RSI indicator (low volitility, neither overbought nor oversold). There are no signals for up or down trend here.
Trendline also does not give a clear ...
Why is Nvidia stock still running?
•GOOGLE ordered 400K GB200 chips valued at $10B
• Microsoft purchased 60K GB200 chips worth $2B
• META acquired 360K GB200 chips for $8B.
Demand for Nvidia's Blackwell chip is absolutely INSANE
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$Iterum Therapeutics (ITRM.US)$ : 🤔
⇨ Oral Sulopenem
‣ Uncomplicated Urinary Tract Infections
‣ PDUFA: 10/25/24
$Lexicon Pharmaceuticals (LXRX.US)$ : [Adcom] 🤔
⇨ ZYNQUISTA (sotagliflozin)
‣ Type 1 Diabetes
‣ Adcom: 10/31/24
📣 Last Week’s PDUFA Decisions:
$ZLDPF: CRL 10/8 ❌
⚠️ due to timing of a 3rd-party mfg. facility reinspection
⇨ Dasiglucagon
‣ Congenital Hyperinsulinism
‣ PDUFA: 10/08/24 (NDA)
$RRBHY: Approved 10/11 ✅
⇨ Itovebi™ (inavolis...
$Eli Lilly and Co (LLY.US)$
$LBALUM (9326.MY)$
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