12 Health Care Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several health care stocks showed significant movement. CareCloud, Syra Health, Vaxart, Sharps Technology, Harrow, and Acumen Pharmaceuticals were among the gainers, with notable increases in their stock prices. Conversely, Scorpius Holdings, Augmedix, Akoya Biosciences, Inotiv, Inspire Veterinary, and Dermata Therapeutics experienced declines. These movements were largely attributed to the release of Q1 earnings reports.
May 14, 2024 | 12:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Augmedix's stock declined by 37.18% to $1.47 following their Q1 earnings release, indicating a negative market reaction.
The significant drop in Augmedix's stock price suggests that the market reacted negatively to their Q1 earnings report, possibly due to disappointing results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Scorpius Holdings saw a significant decline of 56.5% to $0.08, possibly due to negative reactions to their Q1 earnings or other adverse news.
The drastic decline in Scorpius Holdings' stock price likely results from negative investor sentiment towards their Q1 earnings or other unfavorable company developments.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
CareCloud's stock surged 46.1% to $15.5, likely due to positive investor reaction to recent developments or earnings.
The significant increase in CareCloud's stock price suggests a positive investor response, possibly to favorable Q1 earnings or other positive company news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Syra Health's shares increased by 33.08% to $1.77 following the release of their Q1 earnings, indicating a positive market response.
The rise in Syra Health's stock price is directly linked to the positive reception of their Q1 earnings report, reflecting investor optimism.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90