Stocks That Hit 52-Week Lows On Monday
Before 10 a.m. ET on Monday, 29 stocks hit new 52-week lows.
The Daily Biotech Pulse: Lilly Reorganizes Business Units In Neuroscience Focus, Helius Medical Spikes On Breakthrough Designation, Ra Medical Sells Dermatology Business
Here's a roundup of top developments in the biotech space over the last 24 hours:
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs Aug. 16)
Bellerophon Therapeutics Q2 EPS $(0.36) Up From $(0.51) YoY
Bellerophon Therapeutics (NASDAQ:BLPH) reported quarterly losses of $(0.36) per share. This is a 29.41 percent increase over losses of $(0.51) per share from the same period last year.
45 Biggest Movers From Yesterday
Gainers
Entera Bio Ltd. (NASDAQ: ENTX) shares surged 44.8% to close at $6.50 on Wednesday after the company reported topline Phase 2 bone mineral density data for EB613.
Mid-Afternoon Market Update: Patterson Companies Drops On Earnings Miss; Entera Bio Shares Gain
Toward the end of trading Wednesday, the Dow traded down 0.08% to 33,918.98 while the NASDAQ rose 0.16% to 14,276.41. The S&P also rose, gaining 0.05% to 4,248.47.
Why Entera Bio, Orphazyme, Bellerophon Are Moving Today
Entera Bio Ltd. (NASDAQ: ENTX), Orphazyme A/S (NASDAQ: ORPH) and Bellerophon Therapeutics, Inc.
Mid-Day Market Update: Crude Oil Rises Over 1%; Gemini Therapeutics Shares Slide
Midway through trading Wednesday, the Dow traded up 0.01% to 33,948.64 while the NASDAQ rose 0.19% to 14,280.41. The S&P also rose, gaining 0.10% to 4,250.86.