Menlo Therapeutics (MNLO) changed its name to Vyne Therapeutics and will trade under the symbol to 'VYNE'; effective trading today."We are excited to launch our new corporate identity as VYNE Therapeutics today, and are honored to be marking this important milestone in our company's history by ringing the Nasdaq closing bell," president & CEO David Domzalski commented.No change in outstanding common shares and stockholders rights.
Will commence trading under new Nasdaq Ticker "VYNE", September 8, 2020
Menlo Therapeutics Inc. (MNLO) delivered earnings and revenue surprises of -476.19% and 472.94%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
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Menlo Therapeutics (NASDAQ:MNLO): Q2 GAAP EPS of -$1.21 misses by $0.93.Revenue of $11.7M beats by $9.66M.Shares -1.9% PM.Press Release
Conference Call Today at 8:30am Eastern Time
Looking back to 6 days ago, Menlo Therapeutics Inc (MNLO) priced a 27,050,000 share secondary stock offering at $1.85 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..
After Cantor Fitzgerald and H.C. Wainwright gave Menlo Therapeutics (NASDAQ: MNLO) a Buy rating last month, the company received another Buy, this time
After Cantor Fitzgerald and H.C. Wainwright gave Menlo Therapeutics (NASDAQ: MNLO) a Buy rating last month, the company received another Buy, this time from Northland Securities. Analyst Tim Chiang maintained a Buy rating on Menlo Therapeutics today and set a price target of $6.00. The company’s shares closed last Wednesday at $2.09. According to TipRanks.com,
The pricing of the biotech's stock offering weighed on shares.
Gainers: Sientra (NASDAQ:SIEN) +25%. Tetraphase Pharmaceuticals (NASDAQ:TTPH) +20%. Immunic (NASDAQ:IMUX) +17%. China Jo-Jo Drugstores (NASDAQ:CJJD) +15%. Tenet Healthcare (NYSE:THC) +15%.Losers: Tita
Menlo Therapeutics (NASDAQ:MNLO) has priced its public offering of ~27.1M common shares at $1.85/share, for expected gross proceeds of $50,042,500.Underwriters' over-allotment is an additional 4,057,
Menlo Therapeutics (NASDAQ:MNLO) initiates a public offering of common stock. Price, volume and terms have yet to be announced.Shares down 10% after hours.
Menlo Therapeutics (MNLO -4.4%) announces positive, though mixed, results from a 447-subject Phase 2 clinical trial, Study FX2016-40, evaluating FCD105 (3% minocycline/0.3% adapalene foam) for the tre
The Company plans to present trial data along with a proposed Phase 3 development program in an End of Phase 2 meeting with the FDA before the end of this year
After H.C. Wainwright and Cantor Fitzgerald gave Menlo Therapeutics (NASDAQ: MNLO) a Buy rating last month, the company received another Buy, this time