12 Health Care Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several healthcare stocks showed notable movements. Lantern Pharma's shares surged 14.3% following their Q1 earnings release. Other gainers included Vaccinex, Purple Biotech, Dominari Holdings, Alterity Therapeutics, and Vaxart with increases in their stock prices. Conversely, Dermata Therapeutics, Solid Biosciences, Akanda, Aethlon Medical, Assure Holdings, and Synaptogenix experienced declines in their share prices.
May 10, 2024 | 8:31 pm
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POSITIVE IMPACT
Lantern Pharma's stock rose 14.3% after announcing Q1 earnings, indicating strong performance or positive investor sentiment.
Earnings announcements often lead to significant stock price movements. Lantern Pharma's positive earnings report likely contributed to investor optimism, driving the stock price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Vaccinex shares increased by 7.82%, possibly due to positive market sentiment or company-specific news not detailed in the article.
The increase in Vaccinex's stock price suggests positive investor sentiment. Without specific news, the rise could be attributed to broader market trends or speculative trading.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Dermata Therapeutics saw a 6.2% decrease in its stock price, indicating potential negative news or investor sentiment.
Stock price declines often reflect negative sentiment or reactions to company-specific news. Dermata Therapeutics' decrease suggests investor caution or unfavorable developments.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Solid Biosciences experienced a 5.3% fall in stock price, potentially due to adverse news or market reactions.
The decline in Solid Biosciences' stock price could be attributed to negative market sentiment or possibly adverse news related to the company.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70