One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Ethereum (CRYPTO: $ETH) is down about 45% from its May 12 all-time high of $4,380 amid an overall cryptocurrency rout.
Some coins, such as Shiba Inu (CRYPTO: $SHIB), have made gains this week, but most cryptos are down substantially from their May highs.
Altimmune Inc. (NASDAQ: ALT) shares traded higher after the company announced data from its ALT-801 Phase 1 Trial in overweight and obese volunteers. The company announced that weight loss of 5.4% was achieved at six weeks with a weekly dose of 1.8mg.