12 Health Care Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, health care stocks showed significant movement. Cogent Biosciences (COGT) led the gainers with a 45.6% increase, while Anitra (AZTR) experienced the largest decline, dropping 67.8%. Other notable movers include Lineage Cell Therapeutics (LCTX) and QuidelOrtho (QDEL), with QDEL's drop attributed to its Q4 earnings release.
February 14, 2024 | 1:05 pm
News sentiment analysis
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POSITIVE IMPACT
Cogent Biosciences shares rose 45.6% to $7.95, with a market cap of $684.6 million.
The significant pre-market increase in COGT's stock price suggests positive investor sentiment, likely due to favorable company-specific news or developments.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Lineage Cell Therapeutics stock rose 18.62% to $1.21, with a market cap of $228.0 million.
LCTX's notable pre-market increase may reflect positive investor sentiment towards the company's prospects or recent achievements.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Anitra stock declined by 67.8% to $0.28, with a market cap of $3.3 million.
The drastic decline in AZTR's stock price indicates negative market reaction, possibly due to unfavorable company news or broader sector challenges.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
QuidelOrtho stock fell 39.35% to $40.5, with a market cap of $2.7 billion, following its Q4 earnings release.
The significant drop in QDEL's stock price post-Q4 earnings suggests the financial results did not meet market expectations, leading to negative investor sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 90