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NASDAQ:KRRO 13 November 2025

Korro Bio (KRRO) Stock Crashes as Novo Nordisk Pauses Pact, KRRO‑110 Disappoints and 34% Layoffs Extend Cash Runway – What Investors Need to Know Today

Korro Bio (KRRO) Stock Crashes as Novo Nordisk Pauses Pact, KRRO‑110 Disappoints and 34% Layoffs Extend Cash Runway – What Investors Need to Know Today

Korro Bio shares plunged nearly 80% to around $6.60 in pre-market trading Thursday after the company reported mixed early data from its lead RNA-editing program, KRRO‑110, and announced layoffs, a pipeline shift, and a year-long pause in its Novo Nordisk partnership. The Phase 1/2a trial showed KRRO‑110 increased AAT protein but did not reach protective levels.
13 November 2025
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Stock Market Today

  • 3 TSX Stocks Poised for Gains Amid Higher-for-Longer Interest Rates
    April 30, 2026, 12:52 PM EDT. The Bank of Canada has paused rate hikes, signaling a shift as inflation pressures remain elevated. Higher-for-longer rates favor financial firms with pricing power and robust balance sheets. CIBC (TSX: CM), Bank of Montreal (TSX: BMO), and Manulife stand out. CIBC reported strong Q1 2026 earnings with a 13.4% CET1 capital ratio, benefiting from personal and capital markets growth. BMO's U.S. expansion and improving efficiency provide cross-border diversification and resilience. Investors face risks if credit conditions worsen, but these companies offer potential for steady earnings and yield amid tightening monetary policy.

Latest article

Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

30 April 2026
Hertz shares surged over 20% Thursday after it launched Oro Mobility, an affiliate set to manage Uber’s robotaxi and human-driven fleets in key U.S. markets. Oro will support Uber’s autonomous program with Lucid vehicles using Nuro self-driving tech, starting in the San Francisco Bay Area later this year. Hertz traded at $6.80, up $1.20; Uber fell 38 cents to $74.09. Hertz reports first-quarter results May 7.
Xerox Holdings Stock Soars After Q1 Revenue Beat, but the Lexmark Bill Is Still Showing

Xerox Holdings Stock Soars After Q1 Revenue Beat, but the Lexmark Bill Is Still Showing

30 April 2026
Xerox shares surged 43% Thursday after first-quarter revenue hit $1.85 billion, topping forecasts, driven by the Lexmark acquisition. The company posted a net loss of $105 million and an adjusted loss of 43 cents per share, wider than expected. Print segment revenue jumped 31%, while IT Solutions fell 5%. Xerox reaffirmed its 2026 outlook but reported higher interest expenses tied to acquisition debt.
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