Tag Archives: bad-request

Kite Pharma Down On Death Rumor, Juno Patent Dispute

Biotech stock Kite Pharma (KITE) continued to slide Friday after dropping 9% Thursday, and Cowen & Co. analyst Eric Schmidt thinks he knows why. “Recall that Kite is enrolling six patients in the Phase I portion of KTE-C19’s Phase I/II trial in refractory diffuse large B-cell lymphoma (DLBCL),” Schmidt wrote in a research note late Thursday. “Kite shares traded down today and based on our conversations with investors throughout the day, we believe

‘Candy Crush’ game maker King gets crushed on Wall Street

King Digital Entertainment (KING), maker of mobile game “Candy Crush Saga,” saw its stock get crushed on Friday, a day after giving disappointing guidance. King stock was down 11% in afternoon trading on the stock market today, near 13.50, and earlier touched a six-month low below 13. The London-based company late Thursday said it earned 49 cents a share excluding items on sales of $500 million in the second quarter. Analysts polled by Thomson

Aspen Technology Punished For Lowering Sales Forecast

Investors punished Aspen Technology (AZPN) stock Friday, taking the software maker to task for lowering its revenue estimate for fiscal 2016 and ignoring the company’s fourth-quarter earnings beat. Aspen stock gapped down at the open and fell nearly 20% at one point in early action to a nearly seven-month low. Shares gained back some ground and were down 12%, near 37, in early afternoon trading in the stock market today. The maker of software