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Why Is Playboy Owner PLBY Group Stock Rocketing Today?

PLBY Group, Inc. (NASDAQ:PLBY) shares rose following the announcement of an expanded partnership with Byborg Enterprises, which includes a commitment from Byborg to purchase an additional $25 million in equity. The collaboration includes finalizing a long-term, exclusive licensing agreement and signing a new securities purchase agreement with Byborg. As per the licensing deal, Byborg will license specific Playboy digital intellectual property and manage Playboy Plus, Playboy TV (both linear and

Why Is Larimar Therapeutics Stock Trading Lower On Monday?

On Monday, Larimar Therapeutics, Inc. (NASDAQ:LRMR) released initial data from the ongoing long-term OLE study evaluating daily subcutaneous injections of 25 mg of nomlabofusp self-administered or administered by a caregiver in participants with Friedreich’s Ataxia. Friedreich’s Ataxia is caused by a mutation in the FXN gene, which carries the code for the frataxin protein. Frataxin is important for the normal function of mitochondria, the energy-producing parts of cells At the time of data cut