12 Health Care Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several healthcare stocks experienced significant movements. Corbus Pharmaceuticals (CRBP) saw a massive increase of 309.1%, while Aclarion (ACON) rose by 67.82%. Inspire Veterinary (IVP), Panbela Therapeutics (PBLA), Inhibikase Therapeutics (IKT), and Vera Therapeutics (VERA) also posted gains. Conversely, Onconetix (ONCO), Processa Pharma (PCSA), Evaxion Biotech (EVAX), Jin Medical International (ZJYL), Acutus Medical (AFIB), and TC BioPharm (TCBP) experienced declines, with ONCO leading the losses at 33.7%.
January 26, 2024 | 5:31 pm
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POSITIVE IMPACT
Aclarion shares increased by 67.82% to $3.13, with a market cap of $2.6 million.
Aclarion's significant share price increase indicates strong investor interest, which could lead to continued short-term upward momentum as traders may look to capitalize on the trend.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Corbus Pharmaceuticals shares soared by 309.1% to $34.53, with a market cap of $152.7 million.
The substantial increase in CRBP's share price suggests a highly positive market reaction to company-specific news or broader sector momentum. This sharp rise could attract more attention and speculative trading, potentially leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Onconetix shares fell sharply by 33.7% to $0.23, with a market cap of $4.9 million.
The significant drop in ONCO's share price could indicate negative investor sentiment or disappointing company news, which may lead to further short-term price declines as investors adjust their positions.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Jin Medical International shares declined by 20.69% to $219.0, with a market cap of $1.7 billion.
The decline in ZJYL's stock price could reflect market concerns or negative developments within the company, potentially leading to further short-term bearish behavior among investors.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90