12 Health Care Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
Health care stocks experienced significant movements in Thursday's intraday session. Avalo Therapeutics (AVTX) led the gainers with a 363.1% increase, while Tonix Pharmaceuticals (TNXP) saw the largest decrease among the losers, dropping 35.8%. Other notable movers included Xilio Therapeutics (XLO) and Kodiak Sciences (KOD), with significant changes attributed to market activities and recent earnings reports.
March 28, 2024 | 4:31 pm
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NEGATIVE IMPACT
Kodiak Sciences stock fell 18.6% to $6.07, with a market value of $318.2 million. Q4 earnings were released.
KOD's stock price decline following the Q4 earnings release suggests the market's negative response to the financial results or future outlook.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Tonix Pharmaceuticals shares decreased by 35.8% to $0.21, with a market value of $12.3 million.
The significant drop in TNXP stock price suggests negative investor sentiment or adverse market reaction, possibly due to disappointing company news or market trends.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Avalo Therapeutics stock rose 363.1% to $22.0, with a market cap of $17.6 million.
The significant rise in AVTX stock price indicates strong investor confidence or positive market reaction, likely due to favorable company news or market conditions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Xilio Therapeutics stock rose 133.95% to $1.5, with a market cap of $41.1 million.
XLO's significant stock price increase reflects strong market approval or investor optimism, potentially due to positive developments within the company.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90