12 Health Care Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several healthcare stocks experienced significant movements. Candel Therapeutics, Galectin Therapeutics, and Ocugen were among the top gainers, with notable increases in their stock prices. Conversely, Acorda Therapeutics, Aesthetic Medical Intl, and Ontrak were among the top losers, experiencing significant declines. The movements were attributed to various factors, including quarterly earnings releases for some companies.
April 05, 2024 | 4:39 pm
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NEGATIVE IMPACT
Acorda Therapeutics stock decreased by 17.1% to $1.39. The market value of their outstanding shares is at $1.7 million. Q4 earnings were released 4 days ago.
The decline in Acorda Therapeutics' stock price following its Q4 earnings release suggests a negative market reaction, likely leading to a short-term negative impact.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Candel Therapeutics stock increased by 27.6% to $8.17, with a market cap of $239.6 million.
The significant increase in Candel Therapeutics' stock price could attract more investors, potentially leading to a short-term positive impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Galectin Therapeutics shares increased by 20.66% to $3.62, with a market cap of $224.0 million.
Galectin Therapeutics' stock price rise indicates strong investor confidence, likely leading to a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Ocugen stock moved upwards by 17.88% to $1.78, with a market cap of $456.7 million. Q4 earnings were released 3 days ago.
The positive reaction to Ocugen's Q4 earnings suggests a favorable view from investors, likely boosting the stock in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95