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NASDAQ:EDSA 27 April 2026

Edesa Biotech Stock Soars 54%: What’s Driving the ARDS Drug Rally Now

Edesa Biotech Stock Soars 54%: What’s Driving the ARDS Drug Rally Now

Edesa Biotech shares surged 53.9% to $11.17 on Nasdaq Monday, with trading volume near 9 million shares. The spike follows renewed focus on February data showing paridiprubart cut 28-day mortality in ARDS patients to 24% from 33%. CEO Par Nijhawan and principal investigator Ted Steiner are set to present at May ATS meetings. Edesa ended last quarter with $12.1 million in cash and a $68.2 million deficit.

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  • Poet Technologies Shares Dive 47% After Marvell Order Cancellation
    April 27, 2026, 7:36 PM EDT. Poet Technologies (POET) stock plunged 47.4% on Monday following news that Marvell canceled a previously expanded $5 million order, wiping out gains from last week's contract announcement. Despite a steady broader market with the S&P 500 up 0.1% and Nasdaq 0.2%, Poet's shares tumbled amid the uncertain outlook. The company's optics technology is linked to AI data center growth, but recent volatility and the vanished order raise concerns over its risk profile. Investors are advised to approach Poet cautiously due to the speculative nature of its business and unclear future demand.

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US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

28 April 2026
The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
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