Why Lixte Biotechnology Shares Are Trading Lower By 26%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Some of the gainers include Pieris Pharmaceuticals, The Singing Machine Company, Biophytis, iCAD, Aridis Pharmaceuticals, and The Charles Schwab Corporation. The losers include 9 Meters Biopharma, Fangdd Network Group, Lixte Biotechnology Holdings, Masimo Corporation, and Aptevo Therapeutics.
July 18, 2023 | 5:00 pm
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NEGATIVE IMPACT
9 Meters Biopharma shares fell 67.1% after the company announced it ceased operations and filed for bankruptcy.
The company's announcement of ceasing operations and filing for bankruptcy has likely led to a significant drop in the stock price due to investor uncertainty.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Pieris Pharmaceuticals gained 90% after issuing a strategic update and announcing restructuring.
The company's strategic update and restructuring announcement likely boosted investor confidence, leading to a surge in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100