Sat, Aug 15, 2020 3:24 PM
74th Independence Day | PM announces major infra push; stocks like L&T, HG Infra may be in focus
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Vincerx Pharma Inc VINC shares are trading lower by 9.7% to $0.81 during Friday’s session after the company priced an underwritten public offering, including 6 million shares of common stock with accompanying warrants to purchase the same number of shares, and pre-funded warrants for up to 16 million shares with accompanying warrants.
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HCA Healthcare Inc HCA reported on Friday its first-quarter revenues of $17.34 billion, up from $15.59 billion a year ago, beating the consensus of $16.78 billion. The hospital chain reported adjusted EPS of $5.36, up from $4.93 a year ago, beating the consensus of $5.36. “The strong fundamentals we saw in our business this past year continued into the first quarter of 2024."
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Shares of ResMed (NYSE: RMD) had soared 16.2% higher as of 11:50 a.m. ET on Friday. The big jump came after the healthcare technology company reported results on Thursday evening for its fiscal 2024 third quarter, which ended March 31.For the quarter, ResMed reported revenue of $1.2 billion, up 7% year over year, and earnings per share of $2.04, based on generally accepted accounting principles.
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