NASDAQ:FMCI - Nasdaq -
The EU is set to vote Tuesday on the labeling of products like "veggie burger" and "veggie sausage," as well as "yogurt-style" and "cheese-like" for plant-based alternatives to dairy products.Farming and meat lobbyists say the terms mislead people and amount to a "cultural hijacking" of the meat industry, while major food companies, including Unilever (NYSE:UL) and Nestle (OTCPK:NSRGY), say the claims are ridiculous and contradict the bloc's drive to help consumers choose more sustainable food.Observers say the result could go either way.
Be careful what you ask for, investors. You might get it.
Gainers Lonestar Resources US Inc. (NASDAQ: LONE) shares rose 51.1% to $0.3695 in pre-market trading after gaining over 6% on Thursday. Xtant Medical Holdings, Inc. (NYSE: XTNT...
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Gainers: Oxbridge Re Holdings (NASDAQ:OXBR) +208%. Ashford Hospitality Trust (NYSE:AHT) +32%.
The merger with Tattooed Chef is all but certain to go ahead.
Forum Merger II (FMCI +12.4%) stockholders granted a sufficient number of proxies for approving date extension for the latter to consummate a business combination from September 30, 2020 to October 30, 2020.Stockholders holding more than 65% of Forum’s outstanding shares have submitted proxies to approve the extension.Although Forum now has sufficient votes to approve the extension, additional votes may be submitted by stockholders until end of day September 29.
Oxbridge Re Holdings (NASDAQ:OXBR) +96%.Perceptron (NASDAQ:PRCP) +67% on entering agreement to be acquired by Atlas Copco.Westwater Resources (NASDAQ:WWR) +58%.Genfit SA (NASDAQ:GNFT) +43% on NASH test deal with LabCorp.Lithium Americas (NYSE:LAC) +29%.NexTier Oilfield Solutions (NYSE:NEX) +23%.OpGen (NASDAQ:OPGN) +18% on potential use of pathogen test in COVID-19.PolyMet Mining (NYSEMKT:PLM) +19%.Tortoise Acquisition (NYSE:SHLL) +15%.Quotient (NASDAQ:QTNT) +14% on emergency use nod for COVID-19 antibody test.Graf Industrial (NYSE:GRAF) +14%.WPX Energy (NYSE:WPX) +15% after Devon Energy buys WPX Energy in all-stock deal.United Microelectronics (NYSE:UMC) +12%.Umpqua Holdings (NASDAQ:UMPQ) +11% after Steward Partners acquires its wealth management business.Forum Merger II (NASDAQ:FMCI) +11%.HSBC Holdings plc (NYSE:HSBC) +10% after Ping An Insurance ups stake in HSBC.ArcelorMittal (NYSE:MT) +10% as Cleveland-Cliffs to acquire ArcelorMittal for about $1.4B.DBV Technologies S.A.
Gainers: Grupo Supervielle (NYSE:SUPV) +15%. CorEnergy Infrastructure Trust (NYSE:CORR) +12%.
"One of the areas in the SPAC space that I'm particularly focused on is the incentives and compensation to the SPAC sponsors," SEC Chairman Jay Clayton told CNBC."There are two steps.
Gainers: Hunt Companies Finance Trust (NYSE:HCFT) +11%. Forum Merger II (NASDAQ:FMCI) +9%.
Gainers: Watford Holdings (NASDAQ:WTRE) +29%. Altisource Portfolio Solutions (NASDAQ:ASPS) +15%.