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ARC Resources Rises, Domino's Pizza Drops, Veradermics Surges as Hair Loss Drug Trial Meets Main Goals
Description
On this episode of Stock Movers:
-ARC Resources (ARX CN) shares rise the most since March 2020, after the Canadian energy company agreed to be acquired by Shell in a cash and share deal valued at about C$22 billion ($16 billion), including assumed net debt.
-Domino's Pizza (DPZ) shares drop. After the pizza delivery chain’s domestic and international comparable sales missed Street expectations reported revenue for the first quarter that missed the average analyst estimate.
-Veradermics (MANE) shares surge. Veradermics shares jump as much as 44% to hit its highest level since its February IPO, after the drug developer said its experimental oral therapy for male pattern hair loss met all primary and key secondary endpoints.
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