12 Health Care Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several healthcare stocks showed notable movements. MyMD Pharmaceuticals, PaxMedica, Oragenics, Lineage Cell Therapeutics, BioRestorative Therapies, and Codexis experienced gains, with increases ranging from 5.81% to 9.3%. Conversely, Kiora Pharmaceuticals, Cingulate, Adagene, Sharps Technology, Alzamend Neuro, and Redhill Biopharma saw declines between 6.48% and 10.6%. These movements reflect significant volatility within the healthcare sector, impacting the market value of these companies.

February 01, 2024 | 9:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Adagene shares fell 7.5%, suggesting potential challenges or negative sentiment.
Adagene's 7.5% decrease might be due to specific company issues or a downturn in the healthcare sector, leading to investor caution.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 85
NEGATIVE IMPACT
Kiora Pharmaceuticals stock declined by 10.6%, showing negative market reaction.
The significant decline in KPRX stock could reflect investor concerns about the company's performance or negative industry news impacting the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
MyMD Pharmaceuticals shares increased by 9.3% in after-market trading, reflecting a positive investor sentiment.
The 9.3% increase in MYMD shares suggests a strong positive reaction from investors, potentially due to company-specific news or broader market trends favoring healthcare stocks.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
PaxMedica shares rose 8.58%, indicating growing investor interest.
The rise in PXMD shares could be attributed to positive developments within the company or an overall bullish sentiment in the healthcare sector.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 85