Today's pre-market stock movers: CLVS, PATH, DARE and more
Gainers:
• $Clovis Oncology (CLVS.US)$ +40.6% (Rubraca significantly improves progression-free survival in first-line maintenance treatment in women with ovarian cancer regardless of their biomarker status in phase 3 athena-mono trial)
• $Dare Bioscience (DARE.US)$ +13.61% (Organon and Dar Bioscience have entered into an agreement whereby Organon will license global rights to XACIATO)
• $KULR Technology (KULR.US)$ +9.5% (secured a battery safety contract with NASA to test its lithium-ion cells going into future battery packs designed for the Artemis Program)
• $Vipshop (VIPS.US)$ +6.62% (authorizes $1 bln share repurchase program over the next 24-month period)
• $Mainz Biomed (MYNZ.US)$ +6.8% (completes successful pre-submission process with the FDA for ColoAlert's Pivotal Clinical Trial)
• $Corcept Therapeutics (CORT.US)$ +3.4% (presents results from Phase 2 study of relacorilant plus nab-paclitaxel)
Analyst comments:
Losers:
• $UiPath (PATH.US)$ -19.11%, $Expensify (EXFY.US)$ -9.0%, $Masimo (MASI.US)$ -9.4%, $Phreesia (PHR.US)$ -9.12%, $Sharecare (SHCR.US)$ -16.06%, $Tempur Sealy International (TPX.US)$ -6.04%.
• $iQIYI (IQ.US)$ -10.9% $Hutchmed (China) (HCM.US)$ -1.3% $JD.com (JD.US)$ -2.4% $Baidu (BIDU.US)$ -2.4%
• $Amylyx Pharmaceuticals (AMLX.US)$ -22.9% (FDA advisory committee votes 6-4 for "no" on effectiveness of AMX0035 for the treatment of ALS)
Analyst comments:
• $Dell Technologies (DELL.US)$ -3.3% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
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