Venus Concept: Q1 Earnings Snapshot
On a per-share basis, the Toronto-based company said it had a loss of $17.44.
The maker of hair transplant devices posted revenue of $13.6 million in the period.
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Business Insider
an hour ago
- Business Insider
Upcoming Stock Splits This Week (August 18 to August 22)
These are the upcoming stock splits for the week of August 18 to August 22, based on TipRanks' Stock Splits Calendar. A stock split boosts the number of shares each investor holds, but the company's overall market value remains exactly the same. The effect is a lower share price, which often makes the stock more affordable and appealing to retail investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Traditional stock splits are designed to broaden a stock's accessibility by reducing its price per share. But some companies take the opposite route through a reverse stock split. In this case, shares are consolidated rather than divided, reducing the total count and raising the price per share. The company's overall market value remains unchanged, but this tactic is often a lifeline, helping firms stay in compliance with exchange rules, like Nasdaq's minimum price requirement, and sidestep the risk of delisting. Whether the goal is to attract new investors or maintain compliance, these strategic actions send signals that seasoned traders are quick to watch for. Let's take a look at the upcoming stock splits for the week. Salarius Pharmaceuticals (SLRX) – Salarius is a clinical-stage biopharmaceutical company focused on developing therapies for cancer and anemia. On August 14, the company announced a 1-for-15 reverse stock split to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The split took effect on August 15, with split-adjusted trading beginning on August 18. Entero Therapeutics (ENTO) – Entero, a clinical-stage biopharma focused on targeted, non-systemic gastrointestinal (GI) therapies, is taking steps to secure its Nasdaq listing. On August 14, the company unveiled plans for a 1-for-3 reverse stock split, a move designed to keep its shares in compliance with exchange rules. The adjustment becomes effective August 18. Chanson International Holding (CHSN) – China-based Chanson International operates bakery chains and sells packaged bakery products, frozen dough, and other food items across domestic and international markets. On August 18, the company will implement an 80-for-1 reverse split to get back in line with Nasdaq's minimum bid price rule. LanzaTech Global (LNZA) – LanzaTech Global uses gas fermentation technology to capture carbon emissions and convert them into sustainable fuels and chemicals, partnering with major industrial players worldwide. The company announced a 1-for-100 reverse stock split to meet Nasdaq listing standards, with the split taking effect on August 18, and split-adjusted trading beginning on August 19. GIBO Holdings (GIBO) – GIBO Holdings, headquartered in Singapore, operates an AI-driven animation and entertainment streaming platform that produces and distributes original content while also offering digital media services. The company announced a 200-for-1 reverse split to streamline its capital structure and stay in line with listing requirements, with the split taking effect on August 20. Azitra (AZTR) – Azitra is a clinical-stage biotech company developing genetically engineered therapies and live biotherapeutics for dermatological conditions such as eczema and rare skin diseases. The company announced the 1-for-6.66 reverse stock split in order to bring its share price back above NYSE American's minimum bid requirement, effective on August 21, 2025.
Yahoo
an hour ago
- Yahoo
Air Canada suspends restart plans after union defies return-to-work order
Air Canada said it suspended plans to restart operations on Sunday after the union representing 10,000 flight attendants said it would defy a return-to-work order. The Canada Industrial Relations Board ordered airline staff back to work by 2pm on Sunday after the government intervened and Air Canada said it planned to resume flights Sunday evening. Canada's largest airline now says it will resume flights Monday evening. Air Canada said in a statement that the union 'illegally directed its flight attendant members to defy a direction from the Canadian Industrial Relations Board'. 'Our members are not going back to work,' Canadian Union of Public Employees (CUPE) national president Mark Hancock said earlier on Sunday outside Toronto's Pearson International Airport. 'We are saying no.' The federal government did not immediately provide comment on the union refusing to return to work. Mr Hancock said the 'whole process has been unfair' and said the union would challenge what it called an unconstitutional order. 'Air Canada has really refused to bargain with us and they refused to bargain with us because they knew this government would come in on their white horse and try and save the day,' he said. The federal government did not immediately provide comment on the union refusing to return to work. The country's largest airline had said early on Sunday in a release that the first flights would resume later in the day but that it would take several days before its operations returned to normal. It said some flights would be cancelled over the next seven to 10 days until the schedule was stabilised. Less than 12 hours after workers walked off the job, federal jobs minister Patty Hajdu ordered the 10,000 flight attendants back to work, saying now was not the time to take risks with the economy and noting the unprecedented tariffs the US had imposed on Canada. Ms Hajdu referred the work stoppage to the Canada Industrial Relations Board. The airline said the Canada Industrial Relations Board had extended the term of the existing collective agreement until a new one was determined by the arbitrator. The shutdown of Canada's largest airline early on Saturday was impacting about 130,000 people a day. Air Canada operates around 700 flights per day. According to numbers from aviation analytics provider Cirium, Air Canada cancelled a total of 494 flights on Sunday morning. This was in addition to the hundreds of flights it cancelled in the previous days. The bitter contract fight escalated on Friday as the union turned down Air Canada's prior request to enter into government-directed arbitration, which allows a third-party mediator to decide the terms of a new contract. Flight attendants walked off the job around 1am Eastern Daylight Time on Saturday. Around the same time, Air Canada said it would begin locking flight attendants out of airports. Ms Hajdu said that her Liberal government was not anti-union, saying it was clear the two sides were at an impasse. Passengers whose flights were impacted would be eligible to request a full refund on the airline's website or mobile app, according to Air Canada. The airline said it would also offer alternative travel options through other Canadian and foreign airlines when possible. Still, it warned that it could not guarantee immediate rebooking because flights on other airlines were already full 'due to the summer travel peak'. Air Canada and CUPE have been in contract talks for about eight months, but they have yet to reach a tentative deal. Both sides have said they remain far apart on the issue of pay and the unpaid work flight attendants do when planes are not in the air. The airline's latest offer included a 38% increase in total compensation, including benefits and pensions, over four years, that it said 'would have made our flight attendants the best compensated in Canada'. But the union pushed back, saying the proposed 8% raise in the first year did not go far enough because of inflation.
Skift
2 hours ago
- Skift
Air Canada Flight Attendants Continue Strike, Defying Government Orders
Air Canada said Sunday it would shut down operations again as flight attendants defied the Canadian government's back-to-work order. The carrier added that it plans to resume operations Monday evening. The Canadian government attempted to stop the flight attendant strike on Saturday by imposing binding arbitration on the union and Air Canada. After the government said it would intervene, Air Canada announced Saturday morning th
