Applied DNA Sciences, Inc. (APDN)
After hours:
- Zacks
Applied DNA Sciences (APDN) Reports Q2 Loss, Tops Revenue Estimates
Applied DNA Sciences (APDN) delivered earnings and revenue surprises of -15.43% and 3.33%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
- Reuters
Banned Chinese cotton found in 19% of US and global retailers' merchandise, study shows
Traces of banned Chinese cotton were found in 19% of a sample of merchandise selling at U.S. and global retailers in the past year, a study showed, highlighting the challenges of complying with the U.S. law aimed at blocking imports of cotton linked to forced labor in China. In the study released on Tuesday, researchers from natural resource analytics, isotope testing firm Stratum Reservoir and DNA lab Applied DNA Sciences analyzed garment samples, cotton swabs and shoes from big box retailers and e-commerce platforms. The U.S. enacted a law in 2021 to safeguard its market from products potentially tainted by human rights abuses in Xinjiang, where the U.S. government says China is committing genocide against Uyghur Muslims.
- Reuters
CORRECTED-Banned Chinese cotton found in 19% of US and global retailers' merchandise, study shows
Traces of banned Chinese cotton were found in 19% of a sample of merchandise selling at U.S. and global retailers in the past year, a study showed, highlighting the challenges of complying with the U.S. law aimed at blocking imports of cotton linked to forced labor in China. In the study released on Tuesday, researchers from natural resource analytics, isotope testing firm Stratum Reservoir and DNA lab Applied DNA Sciences analyzed garment samples, cotton swabs and shoes from big box retailers and e-commerce platforms.
