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 with Repare Therapeutics, Enveric Biosciences, Clover Health Investments, Envoy Medical, Myriad Genetics, and CEL-SCI posting gains, while Treace Medical Concepts, Inspire Medical Systems, Immuron, Semler Scientific, Nuwellis, and OPKO Health reported losses. Most movements were influenced by the release of Q1 earnings.

May 08, 2024 | 12:06 pm
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POSITIVE IMPACT
Enveric Biosciences experienced a 16.85% increase in stock price, likely influenced by market reactions to their financial performance.
The stock's rise is attributed to investor reactions to the company's latest financial performance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
Repare Therapeutics shares surged 34.1% in pre-market trading following their Q1 earnings release.
The significant pre-market gain is directly tied to the positive reception of their Q1 earnings report.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Inspire Medical Systems experienced a 16.85% decrease in stock price, likely due to investor disappointment with Q1 earnings.
The decline is likely a result of investor dissatisfaction with the Q1 earnings report.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
Treace Medical Concepts saw a dramatic 58.5% drop in stock price following their Q1 earnings report, indicating a negative market response.
The steep decline in stock price is a direct consequence of the market's negative reaction to their Q1 earnings.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 95