24/7 Market News Wrap 18 Dec 2023
DENVER, Colo., Dec. 18, 2023 (247marketnews.com)- 24/7 Market News covered the following companies today; iCoreConnect Inc (NASDAQ:ICCT), ZimVie Inc (NASDAQ:ZIMV), Panbela Therapeutics Inc (NASDAQ:PBLA), and Cuentas Inc (NASDAQ:CUEN).
Today felt like the first day of holiday trading, so look for the volume flows to be a little different, but the moves can be just as powerful over the next few weeks.
We started today, covering iCoreConnect’s (NASDAQ:ICCT) move, when it was trading at $2.26, up $0.56 (+32.94%), on 1.7M shares traded and adding to its Friday gains. It opened the regular trading session at $2.65, but failed in multiple attempts to breakthrough today’s $3.20 high in the opening 20 minutes, before closing at $2.31, up $0.61 (+35.88%), on trading volume of 56.4M shares.
We included ZimVie’s (NASDAQ:ZIMV) Definitive Agreement to Sell Spine Business to H.I.G. Capital for $375 Million when it was trading at $15.24, up $4.02 (+35.84%), on 353K shares traded. It was a steady climber closing at $17.10, up $5.88 (+52.41%), on 3.5M shares traded. Closing today near its $17.19 high could mean that it may have a little more room to run.
Panbela Therapeutics Inc (NASDAQ:PBLA) was trading at $0.525, up $0.07 (+14.85%), on 10M shares, when we covered its US WorldMeds NDA Approval for Eflornithine (DFMO) in Pediatric Neuroblastoma news. It hit $1.64 in midafternoon trading and closed at $1.01, up $0.5529 (+120.96%), on 143.7M shares traded.
Cuentas Inc (NASDAQ:CUEN) was at $1.71, up $0.33 (+23.91%), on 629K shares traded when we included it in our morning momentum movers. Its volume picked up, as it hit a high of $2.95 and closed at $2.21, up $0.83 (+60.14%), on 28.3M shares.
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