Market-Moving News for September 26th
Portfolio Pulse from Benzinga Newsdesk
Micron Technology reported better-than-expected Q4 results, boosting its stock by 17%. Telesis Bio's partnership with Beckman Coulter Life Sciences led to a 148% surge in its stock. Pasithea Therapeutics announced positive data from its Phase 1 trial, increasing its stock by 69%.
September 26, 2024 | 11:59 am
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POSITIVE IMPACT
Pasithea Therapeutics' stock increased by 69% after announcing positive safety and efficacy data from its Phase 1 trial of PAS-004.
The positive data from the Phase 1 trial of PAS-004 suggests potential success in future trials, encouraging investors and driving the stock price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Micron Technology's stock rose 17% following better-than-expected Q4 financial results.
Micron's better-than-expected Q4 results indicate strong financial performance, likely boosting investor confidence and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Telesis Bio's stock soared 148% due to a new partnership with Beckman Coulter Life Sciences to enhance DNA and mRNA synthesis.
The partnership with Beckman Coulter Life Sciences is a significant development for Telesis Bio, potentially leading to advancements in DNA and mRNA synthesis, which investors view positively.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100