Live On CNBC, StemPoint Capital CIO Michelle Ross Mentioned Syndax Pharmaceuticals, Shares Spiked Higher
Portfolio Pulse from Benzinga Newsdesk
During a live CNBC appearance, StemPoint Capital's CIO Michelle Ross mentioned Syndax Pharmaceuticals, which led to a spike in the company's shares.
April 03, 2024 | 4:52 pm
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Syndax Pharmaceuticals' shares experienced a spike following a positive mention by StemPoint Capital's CIO Michelle Ross during a live CNBC appearance.
The positive mention of Syndax Pharmaceuticals by a high-profile investment officer on a widely viewed platform like CNBC can lead to increased investor interest and a short-term spike in share price. The immediate reaction of the market to such endorsements highlights the impact of media and analyst opinions on stock performance.
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