Short Call at News Buzzer: Biocept, Inc. (NASDAQ:BIOC), Verizon Communications Inc. (NYSE:VZ)

Biocept, Inc. (NASDAQ:BIOC) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.42% to $2.14. Biocept, Inc. (BIOC) reported that collaboration with Catalyst Pharmaceuticals for the provision of Biocept’s Target Selector platform to screen patients diagnosed with LEMS for early onset or recurrence of small cell lung cancer (SCLC).

Specifically, Biocept’s liquid biopsy tests will be offered by Catalyst Pharmaceuticals at no cost to all patients enrolled in its ongoing Phase III clinical trial designed to demonstrate the safety and efficacy of Firdapse for the treatment of LEMS. These patients will also have access to Biocept’s liquid biopsy testing in the long-term extension study phase of the trial allowing for testing every six months for up to two years to monitor for early signals of SCLC. Terms of the contract were not disclosed. The share price of BIOC attracts active investors, as stock price of week volatility recorded 10.68%. The stock is going forward to its 52-week low with 336.73% and lagging behind from its 52-week high price with -36.87%.

Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.30% to close at $49.51 with the total traded volume of 1.04 Million shares. Thomas McInerney declared that it will take the helm of Yahoo once its sale to Verizon closes, but analysts predict he will have a fairly mundane job thereafter.McInerney was named the CEO of the company’s remaining business, renamed Altaba, in a recent SEC filing.

The filing also reported current CEO Marissa Mayer’s departure once the Verizon deal with Yahoo closes, which is expected to happen at the end of June.Laura Martin, an analyst at Needham & Co., said McInerney is the right pick for Altaba but says it will be an uneventful job. “He’s going to be basically a custodian of two publicly-traded assets and stocks, so there’s not going to be a lot to do,” she says. “His primary job will be regulatory filing.”Altaba will be a financial holding company with essentially two assets: Alibaba and Yahoo Japan, she says. The firm has institutional ownership of 65.00%, while insider ownership included 0.01%. Its price to sales ratio ended at 1.60. VZ attains analyst recommendation of 2.70 with week’s performance of -0.16%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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