Alteryx, Iovance Biotherapeutics And Other Big Stocks Moving Higher In Monday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several US stocks recorded gains in Monday's pre-market trading session. Newegg Commerce (NEGG) shares climbed 8.7% after falling 5% on Friday. Iovance Biotherapeutics (IOVA) shares rose 7.2% following FDA's extension of its BLA Priority Review for lifileucel. Bitfarms (BITF) shares gained 6%, Nikola Corporation (NKLA) rose 5.9%, and Alteryx (AYX) shares gained 5.2% after Morgan Stanley upgraded it from Equal-Weight to Overweight. TeraWulf (WULF) shares rose 4.7% following recent production updates. Hyatt Hotels (H) shares climbed 4.7%, Kimbell Royalty Partners (KRP) shares gained 4.6% after closing a $455 million acquisition, and Calliditas Therapeutics (CALT) shares gained 4.5%.
September 18, 2023 | 10:34 am
News sentiment analysis
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POSITIVE IMPACT
Alteryx shares gained 5.2% after Morgan Stanley upgraded it from Equal-Weight to Overweight.
The rise in Alteryx's stock price is likely due to Morgan Stanley's upgrade from Equal-Weight to Overweight, which is a positive signal to investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Bitfarms shares gained 6% in pre-market trading.
The article does not provide specific reasons for the rise in Bitfarms' stock price. However, the overall positive sentiment in the pre-market trading session could be contributing to the increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Calliditas Therapeutics shares gained 4.5% in pre-market trading.
The article does not provide specific reasons for the rise in Calliditas Therapeutics' stock price. However, the overall positive sentiment in the pre-market trading session could be contributing to the increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Hyatt Hotels shares climbed 4.7% in pre-market trading.
The article does not provide specific reasons for the rise in Hyatt Hotels' stock price. However, the overall positive sentiment in the pre-market trading session could be contributing to the increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Iovance Biotherapeutics shares rose 7.2% following FDA's extension of its BLA Priority Review for lifileucel.
The FDA's extension of its BLA Priority Review for lifileucel is a positive development for Iovance Biotherapeutics, which could explain the rise in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Kimbell Royalty Partners shares gained 4.6% after closing a $455 million acquisition.
The rise in Kimbell Royalty Partners' stock price is likely due to the closing of a $455 million acquisition, which could be viewed positively by investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Newegg Commerce shares climbed 8.7% in pre-market trading after falling 5% on Friday.
The rise in Newegg Commerce's stock price could be a reaction to its 5% fall on Friday. Investors may be buying the dip, leading to the increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Nikola Corporation shares rose 5.9% in pre-market trading.
The article does not provide specific reasons for the rise in Nikola Corporation's stock price. However, the overall positive sentiment in the pre-market trading session could be contributing to the increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
TeraWulf shares rose 4.7% following recent production updates.
The rise in TeraWulf's stock price could be a reaction to its recent production and operations updates, which may have been viewed positively by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90