12 Health Care Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
Health care stocks experienced significant movement in Wednesday's intraday session. Cytokinetics (CYTK) led the gainers with a 73.6% increase, while IMAC Holdings (BACK) led the losers with a 25% decrease. Other notable movers included Cingulate (CING), First Wave BioPharma (FWBI), Palatin Techs (PTN), Coherus BioSciences (CHRS), and Bone Biologics (BBLG) on the gainers' side, and Bluejay Diagnostics (BJDX), Iovance Biotherapeutics (IOVA), Atreca (BCEL), SCWorx (WORX), and Novo Integrated Sciences (NVOS) among the losers.
December 27, 2023 | 5:31 pm
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POSITIVE IMPACT
Cingulate's stock rose 72.22% to $3.41, with a market cap of $3.1 million.
Cingulate's significant stock price increase indicates strong market interest, which may continue in the short term, but the low market cap suggests higher volatility.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Cytokinetics stock soared by 73.6% to $79.37, with a market cap of $7.7 billion.
The substantial increase in CYTK's stock price suggests positive investor sentiment or reaction to company-specific news. This could lead to continued short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
First Wave BioPharma shares jumped 71.81% to $6.34, with a market cap of $4.2 million.
The sharp rise in FWBI's shares could attract more attention in the short term, but the small market cap indicates potential risk and volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
IMAC Holdings shares fell by 25% to $2.58, with a market cap of $2.9 million.
The significant drop in BACK's stock price could indicate negative news or investor sentiment, potentially leading to further short-term declines.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Iovance Biotherapeutics stock decreased by 22.52% to $6.89, with a market cap of $1.7 billion.
IOVA's notable stock price decline could reflect negative market sentiment or company-specific issues, likely leading to further short-term bearishness.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100