24/7 Market News Daily Wrap 27 Nov 2023
DENVER, Colo., Nov. 27, 2023 (247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; Redhill Biopharma Ltd (NASDAQ:RDHL), Biodexa Pharmaceuticals Plc (NASDAQ:BDRX), Tharimmune Inc (NASDAQ:THAR), Asset Entities Inc (NASDAQ:ASST), Safety Shot Inc (NASDAQ:SHOT), and Captivision Inc (NASDAQ:CAPT).
News
RedHill Biopharma Announces FDA Grant of 5-Year U.S. Market Exclusivity for Talicia® with IP Protection Running to 2034- Redhill Biopharma Ltd (NASDAQ:RDHL) closed the regular trading session at $1.00, up $0.69 (+226.47%), on 189.3M shares traded. We featured this in this morning’s premarket, when it was at $0.59, up $0.275 (+87.00%), on 6.36M premarket shares, and stated that it looked like it would challenge the 90-cent resistance. Then, during lunch stated that $1.00 level looks like an easier inflection point to break through and $1.25 could be the following level. It topped out at $1.14, but may still hit that last one during afterhours or tomorrow’s premarket trading.
Biodexa Enters Into Agreements to Acquire Exclusive Worldwide License to Tolimidone, a Phase II Ready Asset for Type 1 Diabetes- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) closed trading at $5.11, up $2.44 (+91.03%), on 32.9M shares traded. Despite numerous trading halts, it shot up to $8.81, but spent the remained of the session drifting lower.
Tharimmune Reports Positive Phase 1 Data on TH104, its Lead Therapeutic Candidate, for Chronic Pruritis in Primary Biliary Cholangitis (PBC)- Tharimmune Inc (NASDAQ:THAR) closed trading at $3.51, up $0.635 (+22.09%), on 19.2M shares traded. It hit its $4.79 peak ten minutes after the opening bell, but it too drifted lower.
Asset Entities Announces Stock Repurchase Program- Asset Entities Inc (NASDAQ:ASST) closed trading at $0.66, up $0.31 (+88.89%), on 55.2M shares traded. It hit a high of $1.02 in the middle of afternoon trading and was pounded in the last minute.
Momos
Today’s momentum movers include;
Safety Shot Inc (NASDAQ:SHOT) closed trading at $4.70, up $0.59 (16.25%), on 11.3M shares traded.
Captivision Inc (NASDAQ:CAPT) closed trading at $4.09, up $1.75 (+74.79%), on 22M shares traded.
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