Saturday, 21 Sep 2024

Graybug Vision Jumps 25%

‘Cruel Summer’ Star Olivia Holt Signs With WME

EXCLUSIVE: Olivia Holt, who currently stars in Freeform’s hit series Cruel Summer, has signed with WME for representation. The agency plans to expand the actress-singer’s interests across film, TV, music, branding, fashion, digital, philanthropy and more.

Holt, whose acting credits include Freeform’s Marvel series Cloak & Dagger, plays Kate Wallis in Cruel Summer, which received a Season 2 renewal just before its Season 1 finale earlier this month. The psychological thriller follows two young women: Kate, the popular girl with a charmed life who one day goes missing, and Jeanette Turner (Chiara Aurelia), the nerdy wannabe who is accused of being connected to Kate’s disappearance. The story is set over three summers and told through shifting points of view.

Cruel Summer, created by Bert V. Royal and executive produced by Jessica Biel, is Freeform’s most-watched series ever and was the No. 1 new cable drama of the year in the women 18-34 demo.

Holt, who earlier in her career starred in Disney XD’s Kickin’ It and Disney Channel’s I Didn’t Do It, is also is prepping for a release of her new album this year with the first single hitting radio soon. She also has been the global face of Neutrogena.

She continues to be represented by Management 360, Pulse Management for music and Morris Yorn.

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Perion Network Jumps 17% On Strong Q2 Preliminary Results, FY Outlook

Shares of Perion Network Ltd. (PERI) are gaining over 17% on Monday after the Israeli ad tech company reported strong preliminary results for the second quarter and lifted its outlook for the full year.

PERI is currently trading at $21.93, up $3.27 or 17.52%, on the Nasdaq.

For the second quarter, the company expects second-quarter revenues to be $105 million in revenue, up 74% from last year when it was impacted by Covid pandemic, and a 17% increase from the first quarter. Analysts polled by Thomson Reuters currently expect revenues of $95.86 million.

The company also expects to report adjusted EBITDA of $13.5 million, compared to $2.5 million last year and $8.8 million last quarter.

Looking forward, the company now expects full-year revenue of $410 million to $430 million, up from of its prior forecast of $390 million to $410 million. Analysts currently expect revenues of $400.21 million.

“Perion’s accelerating growth further validates our diversification strategy and the success of our holistic solutions approach,” said Doron Gerstel, Perion’s CEO. “The key driver of our growth is the strong performance of our advertising business, which outpaced the industry’s organic growth rates, as brands and agencies expand the adoption of our solutions.”

Congressman Dan Crenshaw rips Gwendolyn Berry’s anthem protest: ‘She should be removed’

Gwendolyn Berry said the playing of The Star-Spangled Banner following her third place finish in the hammer throw at U.S. Olympic track and field trials on Saturday felt like "a setup." 

The previously outspoken thrower added: "I feel like they did that on purpose." 

As she stood on the podium and the national anthem unexpectedly played, she turned away from the American flag and placed a T-shirt that read "Activist Athlete" over her head. 

One U.S. congressman said Berry, and other athletes who follow suit with such demonstrations, should be kicked off Team USA. 

"We don't need any more activist athletes," Rep. Dan Crenshaw (R-Texas) said during an appearance on Fox News' "Fox and Friends" Monday. "She should be removed from the team. The entire point of the Olympic team is to represent the United States of America. It's the entire point." 

NFL says ‘Football is gay’ in new commercial that makes clear its support of LGBTQ+ community

As Pride Month comes to a close, the NFL has released a new commercial that makes clear its support and embrace of the LGBTQ+ community. 

The 30-second spot begins with the line, "Football is gay" as light cheering plays in the background.

"Football is lesbian. Football is beautiful. Football is queer. Football is life. Football is exciting. Football is culture. Football is transgender. Football is queer. Football is heart. Football is power. Football is tough. Football is bisexual. Football is strong. Football is freedom. Football is American. Football is accepting. Football is everything. Football is for everyone." 

The video is a direct response to Carl Nassib's public coming-out last week, according to Outsports. Nassib, a defensive end for the Las Vegas Raiders, is the first active NFL player to be out.  

Graybug Vision Jumps 25%

Shares of Graybug Vision Inc. (GRAY) are climbing over 25% on Monday’s trading despite no stock-related news to drive the shares.

GRAY is currently trading at $6.55, up $1.35 or 25.96%, on the Nasdaq. On a volume of 14.2 million shares, far above the average volume of 1.9 million.The stock has traded between $3.43 and $37.88 in the 52 week period.

Graybug Vision, a clinical-stage biopharmaceutical company, develops medicines for the treatment of diseases of the retina and optic nerve. The company’s lead product candidate is GB-102, an intravitreal injection of a microparticle depot formulation of sunitinib that is in Phase I/IIa and IIb clinical trials for the treatment of wet age-related macular degeneration, as well as in Phase IIa clinical trial to treat diabetic macular edema.

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