12 Health Care Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several healthcare stocks showed significant movement. Enveric Biosciences, Societal CDMO, and NeuroBo Pharmaceuticals were among the top gainers, with Enveric Biosciences leading at a 162.3% increase. On the losing side, Ironwood Pharmaceuticals, Milestone Pharmaceuticals, and Butterfly Network saw notable declines, with Ironwood Pharmaceuticals dropping by 27.7%. Earnings releases influenced some of the stock movements.
February 29, 2024 | 1:07 pm
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POSITIVE IMPACT
Enveric Biosciences stock rose 162.3% to $2.18, with a market cap of $5.9 million.
The significant rise in Enveric Biosciences' stock price could attract more investors, potentially leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Butterfly Network stock fell 14.19% to $1.27, with a market cap of $263.0 million. Q4 earnings were released yesterday.
The decline following the Q4 earnings release suggests the market reacted negatively to the financial results, indicating potential short-term downward pressure.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Ironwood Pharmaceuticals shares decreased by 27.7% to $10.94, with a market cap of $1.7 billion.
The sharp decline in Ironwood Pharmaceuticals' stock price could lead to short-term negative sentiment among investors, potentially causing further drops.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100