Today: 11 June 2026
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NASDAQ:GLTO 7 October 2025 - 10 November 2025

Galecto (GLTO) Soars on Damora Therapeutics Acquisition and $285M Financing: IND in 2026, Proof‑of‑Concept in 2027

Galecto (GLTO) Soars on Damora Therapeutics Acquisition and $285M Financing: IND in 2026, Proof‑of‑Concept in 2027

Galecto said it acquired Damora Therapeutics and raised $284.9 million in an oversubscribed private placement, extending its cash runway into 2029. The moves shift Galecto’s focus to mutant calreticulin therapies for myeloproliferative neoplasms. GLTO shares surged about 285% in pre-market trading. No shareholder vote was required for the acquisition.
10 November 2025
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Galecto Stock Skyrockets 600% – Short Squeeze Mania or Biotech Breakthrough?

Galecto Stock Skyrockets 600% – Short Squeeze Mania or Biotech Breakthrough?

Galecto Inc. (NASDAQ: GLTO) shares soared over 600% in pre-market trading on Oct. 7, 2025, with more than 42 million shares traded despite no new company news. The stock, previously a low-float penny biotech, briefly touched $10 before retreating. Galecto has no revenue, heavy losses, and ended Q2 with $10.2 million in cash. Analysts remain cautious, citing high financial risk and limited coverage.
7 October 2025
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Stock Market Today

  • Leverage Shares to List SpaceX 3x Leverage ETP on London Stock Exchange
    June 10, 2026, 8:44 PM EDT. Leverage Shares will list its SpaceX 3x Leverage Exchange Traded Product (ETP) on the London Stock Exchange on June 12th, the company announced on June 11th. The ETP offers investors the ability to gain triple leveraged exposure to SpaceX shares, allowing for amplified returns relative to the underlying stock's daily performance. This listing adds to the growing range of leveraged products available on the LSE, catering to investors seeking enhanced market participation.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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