InVivo Therapeutics (NASDAQ:NVIV) stock is on the move Friday after the company reached a deal for a direct offering of its shares. The registered direct offering has InVivo Therapeutics agreeing to sell 523,810 shares of NVIV stock to a single institutional investor. Shares in this registered direct offering are priced at market value. To go along with that, it entered into a registered direct offering with the same investor for 1.19 million shares of common stock. This is a private placement that is also priced at market value.
According to Reuters, ESPN is close to signing a deal with DraftKings that will promote legalized sports betting through its services. This comes as the sports network has been searching for a partner to enter the sports betting market with. While ESPN and DraftKings are both refusing to comment on the matter, the latter did note it already has an ongoing relationship with the Disney (NYSE:DIS)-owned broadcasting network.
Polestar (NASDAQ:PSNY) stock is climbing in early trading after the electric vehicle (EV) maker reaffirmed its 2022 delivery guidance. Specifically, it continues to expect to deliver 50,000 EVs in 2022. Last quarter, Polestar delivered about 9,215 EVs, roughly 100% higher than the number it provided in the third quarter of 2021. During the current quarter, Polestar expects to deliver more than double the number of EVs it unloaded in Q3. The company explained it has been able to step up its production in China in recent months.
