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Avalon Pernell

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Christ ♥ | wnba enthusiast health & biotech stocks for @business bylines in @FT @bhambizjrnl @thelocalgermany 📩apernell@bloomberg.net ~ opinions are my own

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Avalon Pernell’s Journalist Portfolio

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Apple Expands Coding Partnership with HBCUs - UrbanGeekz

Apple Expands Coding Partnership with HBCUs - UrbanGeekz

Apple is expanding its coding partnership to include 10 more Historically Black Colleges and Universities (HB…

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Serena Williams and Alexis Ohanian Candidly Talk Inequality After Surprise Reddit Resignation - U...

Serena Williams and Alexis Ohanian Candidly Talk Inequality After Surprise Reddit Resignation - U...

Serena Williams and her husband Alexis Ohanian had an honest and insightful conversation over the weekend jus…

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Myavana Launches New Mobile App For Hair Product Recommendations from a Photo - UrbanGeekz

Myavana Launches New Mobile App For Hair Product Recommendations from a Photo - UrbanGeekz

Atlanta-based beauty tech startup Myavana has just launched a brand new mobile app powered by artificial inte…

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Amazon Acquires Self-Driving Startup Zoox From Senegalese-Born CEO For Over $1.2bn - UrbanGeekz

Amazon Acquires Self-Driving Startup Zoox From Senegalese-Born CEO For Over $1.2bn - UrbanGeekz

E-commerce giant Amazon has reportedly forked out more than $1.2 billion to buy the self-driving startup Zoox…

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Bozoma Saint John Lands CMO Role at Netflix, Leaves Endeavor - UrbanGeekz

Bozoma Saint John Lands CMO Role at Netflix, Leaves Endeavor - UrbanGeekz

Streaming giant Netflix is naming Bozoma Saint John its next chief marketing officer. The move marks the end …

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Angela Benton's Streamlytics Raises $1M In Equity Crowdfunding in Just 7 Days - UrbanGeekz

Angela Benton's Streamlytics Raises $1M In Equity Crowdfunding in Just 7 Days - UrbanGeekz

Data analytics startup Streamlytics has raised nearly $1.1 million in just one week on crowdfunding platform …

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Articles

Psychedelic Drugmaker’s Shares Soar 60% on Depression Trial Data Original

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By Avalon Pernell
| Bloomberg Law Verified
shares rally as much as 60% Monday after late-stage trial data showed “groundbreaking” results in the psychedelic drug developer’s experimental treatment for major depressive disorders. Piper Sandler analyst said the latest data reinforce his view that the drug should emerge as a “best-in-class” option for patients with the disorder who haven’t had significant experience with conventional treatments.
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Heart Health Biotech Kardigan Up 38% After $400 Million IPO (2)

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By Avalon Pernell
| Bloomberg Tax Verified
shares surged 38% in its trading debut, after the heart-health focused biotech raised $400 million in an initial public offering. The company’s shares closed at $22, above its IPO price of $16. The trading gives Kardigan a market value of nearly $2 billion, based on the outstanding shares. The heart-health focused biotech sold 25 million shares at $16 each, according to a Wednesday. The firm had marketed 23.3 million shares for $14 to $16 each, an earlier filing showed.
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Heart Health Biotech Kardigan Up 27% After $400 Million IPO (1) Original

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By Avalon Pernell
| Bloomberg Law Verified
shares surged 27% in its trading debut, after the heart-health focused biotech raised $400 million in an initial public offering. The company’s shares traded at $20.36 as of 1:30 pm in New York, above its IPO price of $16. The trading gives Kardigan a market value of around $1.8 billion, based on the outstanding shares. The heart-health focused biotech sold 25 million shares at $16 each, according to a Wednesday.
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