24/7 Market News Lunch Break 24 Jan 2024
DENVER, Colo., Jan. 24, 2024 (247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; Getaround Inc (NYSE:GETR), SciSparc Ltd (NASDAQ:SPRC), Evaxion Biotech AS (NASDAQ:EVAX), Redhill Biopharma Ltd (NASDAQ:RDHL), Kura Oncology Inc (NASDAQ:KURA), Ensysce Biosciences (NASDAQ:ENSC).
Will today’s action live up to yesterday’s trades?
News
Getaround Secures $20 Million in Financing, Following Strong Q3 2023 Results- Getaround (NYSE:GETR) is trading at $0.485, up $0.301 (+163.98%), on 207.6M shares traded. Today’s high is $0.557.
Getaround makes sharing cars and trucks simple through its proprietary cloud and in-car Connect technology. Launched in 2011, Getaround is available today in more than 1,000 cities across the United States and Europe. For more information, please visit https://www.getaround.com/.
SciSparc Ltd. Announces $20 Million Standby Equity Purchase Agreement- SciSparc (NASDAQ:SPRC) is trading at $5.2185 up $1.7585 (+50.82%), on 22.5M shares traded. Today’s high is $6.51.
SciSparc Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists. SciSparc’s focus is on creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals.
Evaxion to Develop Tailored Novel Cancer Vaccines Based upon a New Untapped Source of AI-Discovered Targets- Evaxion Biotech (NASDAQ:EVAX) is trading at $11.389, up $6.399 (+128.24%), on 24.1M shares traded. Today’s high is $13.55.
Evaxion Biotech A/S is a pioneering TechBio company based upon its AI platform, AI-Immunology. Evaxion’s proprietary and scalable AI prediction models harness the power of artificial intelligence to decode the human immune system and develop novel immunotherapies for cancer, bacterial diseases, and viral infections.
RedHill and U.S. Army Announce Opaganib and RHB-107 Combinations with Remdesivir Show Distinct Synergistic Effect Against Ebola- Redhill Biopharma (NASDAQ:RDHL) is trading at $1.055 up $0.164 (+18.34%), on 7.8M shares traded.
RedHill Biopharma is a specialty biopharmaceutical company primarily focused on gastrointestinal and infectious diseases.
Kura Oncology Announces Oversubscribed $150 Million Private Placement- Kura Oncology (NASDAQ:KURA) is trading at $19.59, up $6.17 (+45.98%), on 12.1M shares traded. Today’s high is $21.40.
Kura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. The Company’s pipeline consists of small molecule drug candidates that target cancer signaling pathways.
Purple Innovation Strengthens Balance Sheet, Creating Greater Financial Flexibility to Execute Growth Strategy- Purple Innovation (NASDAQ:PRPL) is trading at $0.95, up $0.13 (+15.65%), on 1.9M shares traded.
“Over the past six months, Purple has taken several important steps to return to profitability and long-term growth,” said Rob DeMartini, Chief Executive Officer of Purple. “We are pleased with both our strengthening wholesale partnerships and the response we are seeing in our direct-to-consumer channels, as evidenced by our anticipation that fourth quarter Net Revenue and Adjusted EBITDA will be within our guidance range and look forward to building on this momentum in the year ahead.”
WISeKey Joins Global Mergers, Acquisitions & Investment Council (GMAIC)- SEALSQ (NASDAQ:LAES) is trading at $1.80, up $0.25 (+16.09%), on 2.4M shares traded.
SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.
Mobilicom’s ICE Cybersecurity Software Drone Solutions Purchased by Israel’s Ministry of Defense- SEALSQ (NASDAQ:LAES) is trading at $1.88, up $0.23 (+13.93%), on 838K shares traded.
Mobilicom is a leading provider of cybersecure robust solutions for the rapidly growing defense and commercial drones and robotics market. Mobilicom’s large portfolio of field-proven technologies includes cybersecurity, software, hardware, and professional services that power, connect, guide, and secure drones and robotics. Through deployments across the globe with over 50 customers, including the world’s largest drone manufacturers, Mobilicom’s end-to-end solutions are used in mission-critical functions.
Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer.
This morning’s momentum movers include;
VS Media Holdings (NASDAQ:VSME) is trading at $0.55, up $0.23 (+68.90%), on 17.9M shares traded. VS Media Holdings Limited is a Hong Kong-based company which manages a global network of digital creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok.
Ensysce Biosciences (NASDAQ:ENSC) is trading at $1.68, up $0.29 (+20.86%), on 9.1M shares traded. Today’s high is $2.06. Ensysce is a clinical-stage company applying transformative chemistry to improve prescription drug safety.
Domo (NASDAQ:DOMO) is trading at $11.09, up $1.26 (+12.82%), on 457K shares traded.
Domo puts data to work for everyone so they can multiply their impact on the business. Our cloud-native data experience platform goes beyond traditional business intelligence and analytics, making data visible and actionable with user-friendly dashboards and apps.
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