HomeMarket NewsMicro Cap StocksThe Uprising of Longboard Pharmaceuticals and Other Stocks Shifting in Tuesdayโ€™s Mid-Day...

The Uprising of Longboard Pharmaceuticals and Other Stocks Shifting in Tuesdayโ€™s Mid-Day Session

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Shares of Longboard Pharmaceuticals, Inc. LBPH soared during Tuesdayโ€™s session after the company released topline data from the PACIFIC Phase 1b/2a study evaluating bexicaserin (LP352) for seizures associated with a broad range of Developmental and Epileptic Encephalopathies (DEEs).

Longboard Pharmaceuticals shares surged by an astounding 199.7% to $18.07 on Tuesday.

Discover other stocks making waves in todayโ€™s mid-day session.

Thrivers

  • Akso Health Group AHG skyrocketed by 85% to $1.2946.
  • Polished.com Inc. POL gained 45% to $8.77.
  • Dogness (International) Corporation DOGZ leaped 40% to $7.42.
  • Cue Health Inc. HLTH surged 36.8% to $0.2224 after experiencing a 42% fall on Friday.
  • Voyager Therapeutics, Inc. VYGR surged 34% to $11.38 after announcing a strategic collaboration and capsid license agreement with Novartis to progress potential gene therapies for Huntingtonโ€™s disease and spinal muscular atrophy.
  • RiskOn International, Inc. ROI shares climbed 33.5% to $0.4450 after gaining around 17% on Friday. RiskOn International recently said it expects to announce its new generative AI platform and unveil a principal technology partner on Jan. 3.
  • Soligenix, Inc. SNGX shares gained 33.4% to $1.01. Soligenix announced publication demonstrating complete protection against filovirus disease in nonhuman primate models of ebola and marburg viruses.
  • SenesTech, Inc. SNES gained 22.2% to $1.56. SenesTech announced the expansion of its distribution agreement with Pesterminators Pvt Ltd to include the deployment of EvolveTM.
  • Brooge Energy Limited BROG jumped 17.1% to $4.31. Brooge Energy recently announced that it reached a settlement with the SEC where it agreed to pay a $5 million penalty and cease any future violations.
  • Lyell Immunopharma, Inc. LYEL gained 16.9% to $2.26.
  • Wheels Up Experience Inc. UP surged 16.9% to $4.01.
  • BTCS Inc. BTCS shares rose 14.1% to $1.8593 amid strength in Bitcoin.
  • Allogene Therapeutics, Inc. ALLO gained 12% to $3.59.
  • Precigen, Inc. PGEN rose 11.9% to $1.50.
  • Argo Blockchain plc ARBK shares gained 11.8% to $4.18 after falling 8% on Friday.
  • MicroStrategy Incorporated MSTR gained 11.4% to $703.40 after Bitcoin rose above $45,000.
  • Kiniksa Pharmaceuticals, Ltd. KNSA rose 10.8% to $19.43.
  • MannKind Corporation MNKD gained 9.9% to $4.0001. MannKind sold a 1% royalty in net sales of Tyvaso DPI (Treprostinil) inhalation powder in exchange for up to $200 million, including the purchase price of $150 million and an additional potential milestone payment of up to $50 million.
  • Moderna, Inc. MRNA climbed 9.8% to $109.18 after Openheimer upgraded the stock from Perform to Outperform.
  • Alpha and Omega Semiconductor Limited AOSL gained 8.8% to $28.36. B. Riley Securities analyst Craig Ellis upgraded Alpha & Omega from Neutral to Buy and raised the price target from $28 to $34.
  • Hut 8 Corp. HUT gained 6.3% to $14.19 amid strength in Bitcoin.
  • CleanSpark, Inc. CLSK gained 6.2% to $11.71 amid strength in Bitcoin.
  • Marathon Digital Holdings, Inc. MARA shares jumped 6% to $24.88 amid strength in Bitcoin.
  • Riot Platforms, Inc. RIOT surged 5.3% to $16.29 mid strength in Bitcoin.

Losers

  • RenovoRx, Inc. RNXT shares tumbled 29.9% to $1.6050.
  • China SXT Pharmaceuticals, Inc. SXTC fell 28.8% to $2.8250 after gaining 92% on Friday.
  • Sentage Holdings Inc. SNTG shares fell 28.8% to $3.56 after jumping over 182% on Friday.
  • LumiraDx Limited LMDX fell 28.7% to $0.0459. LumiraDx agreed to sell its point-of-care technology platform to Roche.
  • Corcept Therapeutics Incorporated CORT shares tumbled 27.8% after informing Bausch Health regarding a supply shortage for Korlym.
  • Market Plunge: Biotech and Technology Take a Tumble

    Biotech and Technology Stocks Hit Hard

    • Corcept Therapeutics Incorporated (CORT) plunged 26.3% to $23.93 following a significant legal setback โ€“ court ruling in favor of Teva Pharmaceuticals came as a bolt from the blue.
    • Anavex Life Sciences Corp. (AVXL) shares plummeted 26.2% to $6.88 after a negative Rett Syndrome program update had investors running for the exits.
    • Mobix Labs, Inc. (MOBX) took a nosedive of 25.6% to $2.9895, leaving shareholders in disbelief.

    Amidst the Carnage

    FLJ Group Limited (FLJ) saw its shares tumble 21%, erasing a significant portion of the gains made the previous Friday, staggering like a punch-drunk boxer.

    Aditxt, Inc. (ADTX) was not to be spared either, with its shares slumping 21% to $5.24 after experiencing a meteoric rise just a few days earlier, akin to a rollercoaster ride ending with a stomach-churning drop.

    Vertex Energy, Inc. (VTNR) wasnโ€™t left unscathed, declining 20.1% to $2.7069 after the company announced changes to its loan agreement, sending shockwaves through the market.

    Falling Dominos

    Vast Renewables Limited (VSTE) fell 17.2% to $4.14, exacerbating the broader trend.

    JOYY Inc. (YY) shares took a hit of 16.2% to $33.27 after news of a potential deal termination, causing investors to question the stockโ€™s stability.

    GoodRx Holdings, Inc. (GDRX) dipped 15.5% to $5.66 after an unfavorable stock downgrade, leaving investors feeling like they were left holding a leaking lifeboat.

    Now Read This: Top 5 Health Care Stocks That Could Lead To Your Biggest Gains in January


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