12 Health Care Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Friday's intraday session, several healthcare stocks experienced significant movements. GeneDx Holdings (WGS) saw a 39.7% increase, while Evelo Biosciences (EVLO) dropped 19.7%. Other notable gainers include Scilex Holding (SCLX), Modular Medical (MODD), Sight Sciences (SGHT), Gyre Therapeutics (GYRE), and Pasithea Therapeutics (KTTA). On the losing side, Leap Therapeutics (LPTX), SenesTech (SNES), Virios Therapeutics (VIRI), MSP Recovery (LIFW), and Biophytis (BPTS) saw declines in their stock prices.
November 24, 2023 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Evelo Biosciences' stock fell by 19.7% to $0.49, with a market cap of $9.2 million.
The significant drop in stock price could reflect negative sentiment or unfavorable news impacting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Gyre Therapeutics' shares increased by 17.62% to $18.95, with a market cap of $1.4 billion.
The significant rise in stock price may be due to positive news or market factors that are favorably impacting the company's valuation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Pasithea Therapeutics' stock moved upwards by 16.66% to $0.35, with a market cap of $7.2 million.
The stock's increase could reflect a positive response to company actions or broader market trends affecting the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Modular Medical's shares rose 21.69% to $1.29, with a market cap of $27.2 million.
The increase in share price indicates a positive trend for the company, possibly driven by investor optimism or strategic company developments.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Scilex Holding's stock increased by 27.72% to $1.29, with a market cap of $123.6 million.
The stock's rise could be due to positive market reception or company-specific news driving investor interest.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Sight Sciences' stock rose 18.0% to $2.95, with a market cap of $143.8 million.
The stock's upward movement could be attributed to positive investor sentiment or beneficial industry dynamics.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
GeneDx Holdings' stock rose sharply by 39.7% to $1.97, with a market cap of $50.9 million.
The significant price surge suggests strong investor interest, potentially due to positive company developments or market conditions favoring the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100