Mid-Day Market Update: Gold Drops Over 1%; StoneMor Shares Jump
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 80 points on Wednesday.
Mid-Morning Market Update: Markets Rise; Nasdaq Gains 100 Points
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 100 points on Wednesday.
Benzinga’s Top Ratings Upgrades, Downgrades For May 25, 2022
Upgrades
Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.
The Daily Biotech Pulse: Third FDA Rejection For Verrica’s Skin Disease Drug, Assembly Bio Terminates Hepatitis B Virus Pact, Consistency Data For Valneva’s Chikungunya Vaccine
Here's a roundup of top developments in the biotech space over the last 24 hours.
Why Verrica Pharma Shares Are Plunging Today
The FDA has issued a Complete Response Letter (CRL) regarding Verrica Pharmaceuticals Inc’s (NASDAQ:VRCA) marketing application for VP-102 for molluscum contagiosum. The…
21 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
The Singing Machine Company, Inc. (NASDAQ: MICS) shares rose 47.3% to $4.05 in pre-market trading.
The Daily Biotech Pulse: INmune Bio’s Planned Alzheimer’s Trial On FDA Hold, Caladrius Stops Enrollment In Heart Disease Study, BiomX Restructures
Here's a roundup of top developments in the biotech space over the last 24 hours:
Benzinga Pro’s Top 5 Stocks To Watch For Monday, May 23, 2022: NVDA, RDBX, CBIO, VRCA, CWH
Today's 5 Stock Ideas:
NVIDIA (NVDA) - Will report quarterly results Wednesday after market close.
Redbox (RDBX) - One of the most popular stocks among the retail trader group over the last couple weeks.
‘Pharma Bro’ Martin Shkreli Says He Toyed With Crypto On Uniswap — Vitalik Buterin Reacts
Martin Shkreli, who infamously raised the price of an antiparasitic drug by 5,455% in 2017, sang praises of Ethereum (CRYPTO: ETH)-based decentralized cryptocurrency exchange Uniswap (UNI) after getting out of prison.
The Week Ahead In Biotech (May 22-28): Verrica, Bristol-Myers Squibb FDA Decisions, Medtronic Earnings, Conference Presentations & More
Biotech stocks advanced in the week ending May 22, defying the broader market retreat. The defensive nature of the industry and stock-specific moves lent support.