Mid-Day Market Update: Crude Oil Rises 4%; Fennec Pharmaceuticals Shares Slide
Midway through trading Monday, the Dow traded up 0.30% to 35,005.10 while the NASDAQ climbed 1.39% to 15,707.48. The S&P also rose, gaining 0.97% to 4,639.11.
33 Stocks Moving In Monday’s Mid-Day Session
Gainers
Krystal Biotech, Inc. (NASDAQ: KRYS) shares jumped 116.4% to $86.13 after the company announced positive topline results from the GEM-3 Phase 3 trial of investigational beremagene geperpavec (B-VEC, Vyjuvek) for dystrophic Epidermolysis Bullosa (dystrophic EB).
Mid-Morning Market Update: Markets Open Higher; Li Auto Sales Top Views
Following the market opening Monday, the Dow traded up 0.22% to 34,977.01 while the NASDAQ climbed 1.53% to 15,727.94. The S&P also rose, gaining 0.92% to 4,637.03.
Morgan Stanley Upgrades Adagio Therapeutics to Overweight, Announces $49 Price Target
Morgan Stanley analyst Matthew Harrison upgrades Adagio Therapeutics (NASDAQ:ADGI) from Equal-Weight to Overweight and announces $49 price target.
Adagio Therapeutics Reports That None Of The Mutations Present In SARS-CoV-2 Variant, Omicron, Are Associated With Escape From ADG20 Neutralization In Vitro
Additional in vitro studies to determine neutralization activity of ADG20 against Omicron are ongoing
ADG20 EUA submissions planned for prevention and treatment of COVID-19 in mid-2022
Inventory build continues in
64 Stocks Moving In Friday’s Mid-Day Session
Gainers
Mainz Biomed B.V. (NASDAQ: MYNZ) shares climbed 198.4% to $14.92. Mainz Biomed priced its initial public offering of 2 million ordinary shares at $5, the middle of the estimated price range of $4-$6, for raising gross proceeds of $10 million.
66 Biggest Movers From Friday
Gainers
Bakkt Holdings, Inc. (NASDAQ: BKKT) shares surged 66.1% to close at $42.52 on Friday on continued volatility after the company recently announced partnerships with Mastercard and Fiserv.
44 Stocks Moving In Friday’s Mid-Day Session
Gainers
Guardforce AI Co., Limited (NASDAQ: GFAI) shares jumped 42% to $3.5350 after the company said it has engaged Int'l. Investor Relations Co., MZ Group, to lead strategic investor relations and financial communications program.