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NASDAQ:CLSD 24 November 2025

CLSD Stock Crashes Over 60% Today as Clearside Biomedical Files for Chapter 11 Bankruptcy

CLSD Stock Crashes Over 60% Today as Clearside Biomedical Files for Chapter 11 Bankruptcy

Clearside Biomedical filed for Chapter 11 bankruptcy Monday and will seek a court-supervised sale of its assets. CLSD stock plunged nearly 68% to around $0.88 by late afternoon, hitting a new 52-week low after closing at $2.69 Friday. Trading volume spiked to roughly 12 times normal levels. The company cited “substantial doubt” about its ability to continue as a going concern in its latest quarterly filing.
24 November 2025

Stock Market Today

  • 3 Canadian Stocks to Buy and Hold for 2026 and Beyond
    May 19, 2026, 6:49 PM EDT. Bird Construction (TSX:BDT), MDA Space (TSX:MDA), and CES Energy stand out as resilient TSX stocks for 2026 and beyond amid geopolitical tensions and tariff uncertainties. Bird Construction benefits from Canada's infrastructure boom with an $11.1 billion backlog and nearly $1 billion in industrial maintenance contracts, supporting strong earnings visibility. MDA Space leverages growth in global space economy segments like satellite systems and robotics, backed by a $3.7 billion backlog and a $40 billion opportunity pipeline. These companies' robust fundamentals, strategic positioning, and recurring revenue streams offer investors long-term growth potential and stability in a volatile economic landscape.

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