Nio Inc - ADR (NYSE: NIO) shares are trading higher by 2% at $46.58 Monday afternoon on continued strength after the company on Friday won a key European Whole Vehicle Type Approval license for the ES8.
TuSimple Holdings Inc (NASDAQ: TSP) shares were trading higher by 20.3% at $60 on above-average volume Monday afternoon. On Wednesday, June 16, at 12 p.m.
Anavex Life Sciences Corp (NASDAQ: AVXL) shares are trading higher by 25.7% at $19.49 after the company highlighted ANAVEX 2-73 and ANAVEX3-71 for Alzheimer's were featured in the journal of Expert Opinion on Therapeutic Targets.
iTeos Therapeutics Inc (NASDAQ: ITOS) shares are trading higher by 36.7% at $27.38 Monday afternoon after the company and GlaxoSmithKline announced an agreement to co-develop and co-commercialize EOS-448, an anti-TIGIT monoclonal antibody.
RAPT Therapeutics Inc (NASDAQ: RAPT) shares are trading higher by 95% at $36.19 after the company reported topline results from its randomized placebo-controlled Phase 1b clinical trial of RPT193 as monotherapy in 31 patients with moderate-to-severe atopic dermatitis.
As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.
Roku Inc (NASDAQ: ROKU) shares are trading higher by 6% at $367.90 following news that legislation proposed by the U.S. Congress could lead to the largest technology companies in the world getting broken up for possible anti-competitive practices.
Context Logic Inc. (NASDAQ: WISH) shares traded higher Monday after the company announced it would be entering a two-year partnership with the e-commerce platform PrestaShop.