12 Health Care Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
On Monday, several healthcare stocks experienced significant intraday movements. Scholar Rock Holding (SRRK) saw a massive increase of 324.2%, while LogicMark (LGMK), Cue Biopharma (CUE), Akoya Biosciences (AKYA), WORK Medical Technology (WOK), and iBio (IBIO) also posted gains. Conversely, Trevena (TRVN), Galecto (GLTO), TC BioPharm (TCBP), Virpax Pharmaceuticals (VRPX), Virios Therapeutics (VIRI), and Meihua Intl Medical Techs (MHUA) experienced notable declines.
October 07, 2024 | 4:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Galecto's shares decreased by 26.03% to $8.64, with a market cap of $10.7 million.
GLTO's stock price decline indicates negative investor sentiment, possibly due to recent unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Meihua Intl Medical Techs' stock decreased by 13.46% to $0.9, with a market cap of $22.9 million.
MHUA's stock price decline indicates negative investor sentiment, possibly due to recent unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
TC BioPharm's stock declined by 24.25% to $5.75, with a market cap of $2.9 million.
The decline in TCBP's stock price suggests negative market sentiment, likely due to recent unfavorable developments or announcements.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Trevena's shares declined by 45.0% to $2.54, with a market cap of $2.1 million.
The significant drop in TRVN's stock price suggests a strong negative market reaction, likely due to unfavorable news or developments related to the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Virios Therapeutics' stock declined by 15.84% to $0.14, with a market cap of $3.9 million.
The decline in VIRI's stock price suggests negative market sentiment, likely due to recent unfavorable developments or announcements.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Virpax Pharmaceuticals' stock fell by 19.0% to $0.52, with a market cap of $2.5 million.
VRPX's stock price decline indicates negative investor sentiment, possibly driven by recent unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Akoya Biosciences' stock increased by 15.82% to $3.22, with a market cap of $159.3 million.
AKYA's stock price rise indicates a positive market reaction, possibly due to favorable developments or announcements.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cue Biopharma's stock rose by 16.37% to $1.35, with a market cap of $81.2 million.
The increase in CUE's stock price suggests positive market sentiment, potentially driven by recent company news or sector trends.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
iBio's stock rose by 14.84% to $2.52, with a market cap of $21.7 million.
IBIO's stock price increase indicates positive market sentiment, possibly driven by recent company developments or sector trends.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
LogicMark's shares increased by 17.27% to $0.13, with a market cap of $1.5 million.
LGMK's stock price increase indicates positive investor sentiment, possibly due to recent company developments or market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Scholar Rock Holding's stock surged by 324.2% to $31.48, significantly boosting its market cap to $2.5 billion.
The massive increase in SRRK's stock price suggests a strong positive market reaction, likely due to favorable news or developments related to the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
WORK Medical Technology's stock rose by 15.49% to $5.44, with a market cap of $79.3 million.
The rise in WOK's stock price suggests positive investor sentiment, likely due to recent company news or favorable market conditions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80