Dow Jumps Over 100 Points; Crude Oil Down 7%
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 100 points on Friday.
Dow Jones Turns Lower; Revlon Shares Jump
U.S. stocks pared gains midway through trading, with the Dow Jones dropping around 100 points on Friday.
33 Stocks Moving In Friday’s Mid-Day Session
Gainers
Revlon, Inc. (NYSE: REV) gained 81.5% to $3.54 following a report suggesting Reliance Industries is considering buying out the company, which recently filed for bankruptcy.
Why Shares Of Addex Therapeutics Are Falling Today
Shares of small-cap penny stock Addex Therapeutics Ltd. (NASDAQ: ADXN) are trading lower after the company terminated its Phase 2b/3 study of Dipraglurant for dyskinesia associated with Parkinson's disease due to slow recruitment. The company suspended its guidance amid the termination.
U.S. Markets Open Higher; Dow Rises Around 200 Points
U.S. stocks traded higher this morning, with the Dow Jones gaining around 200 points on Friday.
Earlier Announced Termination Of Dipraglurant Phase 2b/3 Study In Patients With Dyskinesia Associated With Parkinson’s Disease due To Slow Recruitment Rate; Co. Also Announced Suspension Of Guidance Amid Termination
COVID-19 related challenges negatively impacted patient recruitment
Ad Hoc Announcement Pursuant to Art. 53 LR
Geneva, Switzerland, June 17, 2022- Addex Therapeutics
HC Wainwright & Co. Maintains Buy on Addex Therapeutics, Lowers Price Target to $15
HC Wainwright & Co. analyst Raghuram Selvaraju maintains Addex Therapeutics (NASDAQ:ADXN) with a Buy and lowers the price target from $21 to $15.
88 Biggest Movers From Yesterday
Gainers
The Very Good Food Company Inc. (NASDAQ: VGFC) shares jumped 118.2% to close at $0.2950 on Wednesday as the company announced it increased retail distribution across Canada with Loblaw Companies.
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.