24/7 Market News Weekly Wrap 22 Jan 2024
DENVER, Colo., Jan. 22, 2024 (247marketnews.com)- 24/7 Market News covered the following companies today; Sagimet Biosciences Inc (NASDAQ:SGMT), Phunware (NASDAQ:PHUN), Bullfrog AI Holdings Inc (NASDAQ:BFRG),
We’re still working some of the kinks out of our new website, so we’re still in lighter coverage mode.
We started this week by reminding readers about BullFrog AI (NASDAQ:BFRG) when it was trading at $5.58, up $0.69 (+14.11%), on 170K shares traded, in the premarket.
BullFrog AI was our big pick last week when it was trading at $3.12 and we covered it multiple times, including Friday’s weekly wrap up watch list for today.
BFRG hit a high of $7.67 and closed at $6.71, up $1.82 (+37.22%), on trading volume of 27.7M shares.
BullFrog AI uses Artificial Intelligence and machine learning to assist drug manufacturers with the development of pharmaceuticals and biologics. BullFrog AI collaborates with leading research institutions and is at the forefront of AI-driven drug development using its proprietary bfLEAP™ artificial intelligence platform to create and analyze networks of biological, clinical, and real-world data spanning from early discovery to late-stage clinical trials. BullFrog AI is deploying bfLEAP™ for use at several critical stages of development with the intention of streamlining data analytics in therapeutics development, decreasing the overall development costs by decreasing failure rates for new therapeutics.
We also covered Sagimet Biosciences (NASDAQ:SGMT) positive topline results from its Phase 2b FASCINATE-2 Clinical Trial of Denifanstat in Biopsy-Confirmed F2/F3 NASH, when it was trading at $13.85, up $7.03 (+103.08%), on 9.4M shares traded. Despite a few trading halts, it hit $20.71, dropped to $12.10, before rebounding to close at $18.42, up $11.60 (+170.09%), on 35.9M shares traded.
Phunware (NASDAQ:PHUN) was another one that we covered last week and make Friday’s weekly wrap up watch list for today. We reminded reader, again, this morning, when it was trading at $0.30, up $0.04 (+17.13%), on 82.7M shares traded.
PHUN hit a high of $0.40 and closed at $0.3587, up $0.10531.82 (+41.55%), on trading volume of 747.3M shares.
All of our watchlist stocks in Friday’s Wrap Up were trading in the green today. Although a few sold off, some of the stronger closers include;
SmartRent (NYSE:SMRT) hit a high of $3.44 and closed at $3.39, up $0.10 (+3.04%), on 1.7M shares traded.
Surgepays (NASDAQ:SURG) hit a high of $6.8899 and closed at $6.81, up $0.56 (+8.96%), on 681K shares traded.
Edgewise Therapeutics (NASDAC: EWTX) hit a new 52-week high of $15.71 and closed at $15.55, up $2.51 (+19.25%), on 3.3M shares traded.
Have a great evening and we’ll see you tomorrow.
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