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NASDAQ:LGND 13 January 2026

Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

Ligand Pharmaceuticals shares fell 10.6% after the FDA extended its review of partner Travere’s Filspari label expansion, resetting the decision deadline to April 13. Travere shares dropped 19%. The FDA classified the latest filing as a “major amendment” but did not request new safety or manufacturing data. The broader biotech sector was little changed.

Stock Market Today

  • TerraVest Industries (TSE:TVK) Shares Drop Below 200-Day Moving Average Amid Analyst Upgrades
    April 30, 2026, 5:36 AM EDT. TerraVest Industries Inc (TSE:TVK) stock fell below its 200-day moving average of C$141.66, touching as low as C$135.55 before closing at C$139.05 on Wednesday with 72,892 shares traded. Despite the dip, the company benefits from analyst support, with Scotiabank and Canaccord Genuity raising target prices to C$187.00 and C$209.00 respectively. The stock holds a "Moderate Buy" consensus rating with an average target of C$188.50. TerraVest posted C$1.50 earnings per share and C$408.35 million revenue for its latest quarter. It recently declared a quarterly dividend of C$0.20 per share, yielding 0.6%. The firm operates in manufacturing home heating and propane transport products, reporting a market cap of C$3.02 billion and a P/E ratio of 33.03.

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Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

30 April 2026
Australian shares fell for an eighth straight session Thursday, with the S&P/ASX 200 closing down 0.24% at 8,665.8 as miners and consumer staples dropped. The decline followed data showing annual inflation rose to 4.6% in March, above the Reserve Bank’s target. Woolworths shares slid up to 9.8% after warning on earnings. Oil prices hit a four-year high, lifting energy stocks 1.4%.
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