Stock market rally broadens as transportation stocks join the 52-week high club

The Dow Jones Transportation Index hit a 52-week high on Thursday, joining other high-flying sectors.

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Why Netflix (NFLX) Stock Is Down Today

High expectations and a miss on topline revenues seem to be most responsible for today’s weakness in Netflix.

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Green groups demand US end talks on natural gas certification

The Biden administration’s plan to create a standard for “certified” natural gas is facing stiff opposition from environmental groups.

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atai Life Sciences Reports Second Quarter 2022 Financial Results & Business Update

Atai reports its Q2 2022 results, announces a new $175 million loan facility and streamlines its operations.

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MindMed Board of Directors Approves Reverse Share Split

Mind Medicine announces a reverse share split of its common shares at a 1-15 ratio. Exchange symbols will remain the same but new CUSIP numbers will be assigned by the appropriate regulators.

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COMPASS Pathways plc announces second quarter 2022 financial results and business highlights

Compass Pathways reports its Q2 2022 results. Preparing for its Phase 3 clinical trial for TRD. Net loss of $21.0 million. Cash (and equivalents) of $207.2 million.

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COMPASS Pathways launches phase II clinical trial of psilocybin therapy in anorexia nervosa

Compass Pathways announces the launch of a Phase II clinical trial using psilocybin-based COMP360 as a treatment for anorexia nervosa.

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Red Light Holland to Acquire Two Wellness Shops in the Netherlands: SmartShop Utrecht and SmartShop OSS

Red Light Holland acquires two of the Netherlands premier shops for psychedelic truffles and wellness products.

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Awakn Life Sciences’ Phase III Trial Approved for Approximately CA$2.5 Million Funding from UK State Covering 66% of Costs

Awakn Life Sciences announces UK government grant funding to cover 2/3rds of the costs of its Phase III clinical trial for alcohol use disorder (AUD).

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Pasithea Therapeutics Awarded a Drug Development Research Grant

Pasithea Therapeutics announces being awarded a research grant of AUD $1 million (US$694,000) for its psychedelics-based research for ALS disease.

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