Stay-at-home stocks faced increased selling pressure on positive vaccine new Last week, Nintendo upgraded its guidance for Switch video game consoles Nintendo share price closed 4.5% lower today after printing the lowest level in nearly three months Shares of Nintendo Co. (T: 7954) fell 4.5% today as stay-at-home stocks took a beating amid the renowned optimism that a regulatory-approved vaccine will be available soon. Fundamental analysis: Higher forecast published Last week, Nintendo announced it aims to ship 24 million of its Switch video game consoles through March 2021, an upgrade from its previous forecast of 19 million. Nintendo also boosted its operating profit outlook by 50% to 450 billion yen ($4.3 billion) thanks to certain video games such as “Animal Crossing: New Horizons” which have been attracting new gamers to the Switch console. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. However, the Japanese company warned about uncertainty as the current gaming frenzy is mainly driven by the coronavirus pandemic. The company’s operating profit during the period between July and September rose by more than 50%, compared to the same period from last year, with the company reporting an operating profit
Sensorion (Paris:ALSEN) (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat and prevent within the field of hearing loss disorders, announces the signature of an agreement with three banks for a loan of €3 million in the context of the COVID-19 pandemic including €2 million guaranteed by the French government and €1 million as a Research, Development and Innovation (RDI) loan from Bpifrance.
The €2 million loans are under the French government’s PGE scheme whereby it guarantees 90% of loans granted by credit institutions and financing companies. Société Générale will contribute €1.5 million and CIC €500,000 to this. This loan extends Sensorion cash runway until early Q4 2022.
About Sensorion Sensorion is a pioneering clinical-stage biotech company, which specializes in the development of novel therapies to restore, treat and prevent within the field of hearing loss disorders. Its clinical-stage portfolio includes one Phase 2 product: SENS-401 (Arazasetron) for sudden sensorineural hearing loss (SSNHL). Sensorion has built a unique R&D technology platform to expand its understanding of the pathophysiology and etiology of inner ear related diseases enabling it to select the best targets and modalities for drug candidates. The Company is also working on the identification of biomarkers to improve diagnosis of these underserved illnesses. In the second half of 2019, Sensorion launched two preclinical gene therapy programs aiming at correcting hereditary monogenic forms of deafness including Usher Type 1 and deafness caused by a mutation of the gene encoding for Otoferlin. The Company is uniquely placed, through its platforms and pipeline of potential therapeutics, to make a lasting positive impact on hundreds of thousands of people with inner ear related disorders, a significant global unmet medical need.
Label: SENSORION ISIN: FR0012596468 Mnemonic: ALSEN
Disclaimer This press release contains certain forward-looking statements concerning Sensorion and its business. Such forward looking statements are based on assumptions that Sensorion considers to be reasonable. However, there can be no assurance that such forward-looking statements will be verified, which statements are subject to numerous risks, including the risks set forth in the ‘Document de référence’ registration document filed with the ‘Autorité des Marchés Financiers’ (AMF French Financial Market Authority) on September 7th, 2017 under n°R.17-062 and to the development of economic conditions, financial markets and the markets in which Sensorion operates. The forward-looking statements contained in this press release are also subject to risks not yet known to Sensorion or not currently considered material by Sensorion. The occurrence of all or part of such risks could cause actual results, financial conditions, performance or achievements of Sensorion to be materially different from such forward-looking statements.
This press release and the information that it contains do not constitute an offer to sell or subscribe for, or a solicitation of an offer to purchase or subscribe for, Sensorion shares in any country. The communication of this press release in certain countries may constitute a violation of local laws and regulations. Any recipient of this press release must inform oneself of any such local restrictions and comply therewith.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201014005929/en/
A review of the latest RTIC deals for Black Friday & Cyber Monday 2020, including savings on jugs, tumblers, hard coolers & more
Black Friday sales researchers are monitoring the best RTIC deals for Black Friday & Cyber Monday 2020, featuring discounts on backpack coolers, tumblers, jugs, water bottles and more. Find the best deals using the links below.
Best RTIC Deals:
Shop the latest RTIC coolers & tumblers at Walmart - check live prices on a variety of items that include travel cups, vacuum mugs, coolers, and food containers
Save up to 51% on RTIC tumblers, coolers, & more drinkware at Amazon
Save on a wide range of RTIC coolers on Walmart - click the link to see live prices on RTIC soft-pack and heavy-duty coolers in a variety of designs
Save on an extensive range of tumblers from RTIC at Walmart - check live prices on RTIC brand tumblers in a variety of colors and designs
Save up to 34% on coolers from Coleman, Igloo, RTIC and other top brands at Walmart - check the latest deals on a wide variety of popular designs, including wheeled coolers, ice chest-types, travel, and electric-powered coolers
Save up to $150 on RTIC coolers at Amazon - click the link for the latest deals on RTIC cooler chests, cooler bags, & more
Save up to 57% on top-rated coolers at Amazon - check out live prices on coolers from top-brands including Coleman, Igloo, RTIC, YETI & more
Interested in more deals? Click here to view the full range of deals at Walmart’s Black Friday & Cyber Monday sale and click here to shop Amazon’s current Black Friday & Cyber Monday deals. Deal Tomato earns commissions from purchases made using the links provided.
About Deal Tomato: Deal Tomato reports on popular sales events. As an Amazon Associate and affiliate Deal Tomato earns from qualifying purchases.
Contact: Andy Mathews (email@example.com)