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.