Mid-Afternoon Market Update: Dow Edges Lower; Helbiz Shares Spike Higher
Toward the end of trading Tuesday, the Dow traded down 0.11% to 33,932.34 while the NASDAQ rose 0.18% to 14,740.41. The S&P also fell, dropping 0.09% to 4,353.81.
Mid-Day Market Update: Gold Rises 1%; Verrica Pharmaceuticals Shares Slide
Midway through trading Tuesday, the Dow traded up 0.44% to 34,119.86 while the NASDAQ rose 0.66% to 14,810.89. The S&P also rose, gaining 0.43% to 4,376.48.
32 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Helbiz, Inc. (NASDAQ: HLBZ) shares jumped 177.4% to $39.83. Helbiz Media, the media arm of Helbiz announced a deal with Amazon Italy, a unit of Amazon.com.
The Daily Biotech Pulse: Aprea Jumps On ESMO Presentation, Verrica Sinks On Regulatory Setback, Aerie CEO Quits, J&J Touts Positive COVID-19 Booster Shot Data
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 Sept. 20)
Verrica Pharma Shares Slide After Response Letter From FDA
The FDA has issued a Complete Response Letter (CRL) regarding Verrica Pharmaceuticals Inc’s (NASDAQ:VRCA) marketing application seeking approval for VP-102 for molluscum…
RBC Capital Maintains Outperform on Verrica Pharmaceuticals, Lowers Price Target to $16
RBC Capital analyst Gregory Renza maintains Verrica Pharmaceuticals (NASDAQ:VRCA) with a Outperform and lowers the price target from $19 to $16.
Needham Maintains Buy on Verrica Pharmaceuticals, Lowers Price Target to $20
Needham analyst Serge Belanger maintains Verrica Pharmaceuticals (NASDAQ:VRCA) with a Buy and lowers the price target from $22 to $20.
Verrica Pharmaceuticals Receives Complete Response Letter From The FDA Identifying Deficiencies At A Facility Of A Contract Manufacturer For Its New Drug Application For VP-102 For The Treatment Of Molluscum Contagiosum
Verrica Pharmaceuticals Inc. (the "Company") (NASDAQ:VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that the U.S. Food and