Gapping up
News:
- VYGR +32.1% (enters capsid license agreement and strategic collaboration with Novartis (NVS) to advance novel gene therapies)
- LLAP +17.5% (reports an excess of $70 million year-end cash balance)
- BITF +10.3% (Earns 446 BTC in December 2023 and 4,928 BTC for the Full Year 2023)
- PGEN +6.7% (files for $300 mln mixed securities shelf offering)
- LBPH +3.6% (to Host Call to Discuss Topline Data from the PACIFIC Study)
- ATNM +3.5% (Announces Acceptance of Five Abstracts for Presentation at the 2024 Tandem Meetings)
- ADEX +3.2% (Adit EdTech Acquisition Corp. and GRIID Infrastructure complete business combination)
- MNKD +3% (Mannkind and Sagard Healthcare enter into royalty purchase agreement for up to $200 mln)
- MXCT +1.7% (appoints Maher Masoud as President, Chief Executive Officer and Director)
- EQT +1.6% (redeems outstanding 1.75% convertible senior notes due 2026)
- GOGL +1.4% (appoints Lars-Christian Svensen as the CEO of Golden Ocean Management AS)
- LPTX +1.4% (Announces Completion of Enrollment in Randomized Controlled Part C of the DisTinGuish Study of DKN-01 for the Treatment of Gastric Cancer Patients)
- BLRX +1.3% (files $250 mln mixed shelf securities offering)
- PRMW +1.3% (closed the previously announced sale of a significant portion of Primo Water's International businesses for $575 mln; Robbert Rietbroek joins as CEO)
Analyst comments:
- AOSL +4% (upgraded to Buy from Neutral at B. Riley Securities)
- CNC +1.1% (upgraded to Overweight from Equal Weight at Wells Fargo)
- EXAS +0.9% (upgraded to Buy from Hold at The Benchmark Company)