• Bristol-Myers Squibb Company (BMY) shares rose 1.6% after the FDA approved its new drug for schizophrenia. 
  

• Shares of Cassava Sciences (SAVA) plunged 10.6% after the company reached a $40 million settlement with U.S. securities regulators over charges of making misleading claims about an Alzheimer’s clinical trial. 
  

• EchoStar Corporation (SATS) jumped 8.9% on reports of advanced merger talks between its Dish unit and DirecTV, including Dish’s Sling TV.
  

• Costco Wholesale Corporation (COST) shares fell 1.8% after the company reported fourth-quarter fiscal 2024 revenues of $79.7 billion, missing the Zacks Consensus Estimate by 0.07%.
  

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