Gapping up
In reaction to earnings/guidance:
- HHR +3.4%, ZH +2.2%, OTLY +1.1%
Other news:
- TVTX +21.2% (topline interim results from the ongoing pivotal Phase 3 PROTECT Study of sparsentan)
- ADMA +18.1% (received FDA approval for its ADMA BioCenters plasma collection facility located in Maryville, Tennessee)
- SONO +9.6% (wins patent infringement case against Google)
- CVAC +9.2% (reports CV2CoV demonstrates improved immune response and protection in preclinical study)
- DMS +5.5% (initiated a process to evaluate potential strategic alternatives to maximize shareholder value)
- ALXO +5% (files mixed securities shelf offering)
- FIGS +2.7% (Soros Fund (George Soros) discloses updated portfolio positions in 13F filing)
- VXX +2.7% (trading higher with early weakness in futures)
- NSH +1.8% (receives shareholder approval for combination with Spire Global; closing expected to occur on August 16)
Analyst comments:
- STX +0.8% (upgraded to Buy from Neutral at UBS)