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NASDAQ:PRPH 22 December 2025

ProPhase Labs (PRPH) Stock News: Reverse Merger LOI With ABL, 1-for-10 Reverse Split Takes Effect Dec. 22, 2025

ProPhase Labs (PRPH) Stock News: Reverse Merger LOI With ABL, 1-for-10 Reverse Split Takes Effect Dec. 22, 2025

ProPhase Labs announced Dec. 19 it signed a non-binding letter of intent for a reverse merger with Advanced Biological Laboratories S.A., which could give ABL a 76% stake in the combined company. The deal framework includes a potential $10 million special dividend and carve-outs for certain receivables. ProPhase is also facing a Nasdaq compliance deadline and has approved a reverse stock split.

Stock Market Today

  • NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline
    May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and revenue churn from acquisitions. Investors are weighing near-term valuation concerns against NICE's long-term growth prospects in AI and customer engagement solutions.

Latest articles

Bitcoin Price Today Slips Below $70,000 as CPI Looms and Iran Risks Keep Traders on Edge

Bitcoin Price Today: Why $75,000 Suddenly Matters Before Wall Street Reopens

23 May 2026
LONDON, May 23, 2026, 10:20 BST Bitcoin slipped to around $74,600 on Saturday, pushing below a support zone traders had watched all week after U.S. spot bitcoin funds bled cash and high bond yields dulled appetite for risk. The move lands in thin weekend trade. U.S. stock markets are shut on Saturdays and will stay closed on Monday, May 25, for Memorial Day, leaving crypto to trade for three days with fewer signals from Wall Street cash markets. (New York Stock Exchange) Bitcoin was last at $74,594, down about 3.3% from its previous close, after trading between $74,313 and $77,465
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 23.05.2026

23 May 2026
LIVEMarkets rolling coverageStarted: May 23, 2026, 4:00 AM EDTUpdated: May 23, 2026, 5:37 AM EDT NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and
Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
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