Investing.com -- Shares of Arcutis Biotherapeutics (NASDAQ:ARQT), a biopharmaceutical company specializing in immuno-dermatology, surged 10.8% on the day after the announcement of a joint stipulation to stay the ongoing patent litigation with Padagis. This legal development, disclosed on April 2, 2025, has led to the postponement of all scheduled court dates and the trial itself, which was set to ...
Investing.com -- Truist Securities upgraded Scotts Miracle-Gro to “Buy” from “Hold” maintaining a price target of $70, as it sees a stabilized lawn and garden market, resilience to macroeconomic pressures, and an attractive valuation.The U.S. lawn and garden sector experienced sharp demand swings during and after the COVID-19 pandemic but has now returned to more predictable levels, accord ...
Investing.com -- Shares of the major tech giants, collectively known as the Mag 7, fell sharply in after-hours trading after President Trump announced a new series of reciprocal tariffs. The move has sparked concerns over increased costs for companies and consumers, leading to a sell-off in the stock market.Apple stock (NASDAQ: NASDAQ:AAPL) led the declines with a 4.7% drop, followed closely by Te ...
Investing.com -- Moody’s Ratings has downgraded the ratings of Atmos Energy (NYSE:ATO) Corporation (Atmos) to A2 from A1, affecting approximately $8 billion of debt instruments. The rating agency also affirmed Atmos’s Prime-1 short term rating for commercial paper and adjusted the outlook to stable from negative.The downgrade was influenced by Atmos’s credit metrics, which are anticipated to ...