ReShape 10X- 24/7 Market News Lunch Break 13 Dec 2023
DENVER, Colo., Dec. 13, 2023 (247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; Shattuck Labs Inc (NASDAQ:STTK), Reshape Lifesciences Inc (NASDAQ:RSLS), SciSparc Ltd (NASDAQ:SPRC), C4 Therapeutics Inc. (NASDAQ:CCCC), Chanson International Holding (NASDAQ:CHSN), and ADC Therapeutics SA (NYSE:ADCT).
News
Shattuck Labs Announces Positive Initial Topline Data from Ongoing Phase 1 A/B Dose Expansion Clinical Trial of SL-172154 with Azacitidine in Frontline Higher-Risk Myelodysplastic Syndromes (HR-MDS) and TP53 mutant (TP53m) Acute Myeloid Leukemia (AML) Patients- Shattuck Labs Inc (NASDAQ:STTK) is trading at $4.01, up $1.90 (+90.05%), on 43.4M shares traded. We covered in this morning’s premarket when it was at $2.88 and stated that it could hit a new 52-week high and $5.42 is a nearly two year high.
ReShape Lifesciences® Receives FDA PMA Supplement Approval for its Next-Generation Lap-Band® 2.0 FLEX- Reshape Lifesciences Inc (NASDAQ:RSLS) is trading at $0.45, up $0.16 (+65.50%), on 159.3M shares traded. We covered ReShape in this morning’s premarket and it’s now churned through its 13M share float over ten times. Today’s high is 59-cents and we still believe that this could become an epic short squeeze
SciSparc Announces Positive Results for MitoCareX Bio with its Drug Discovery Platform- SciSparc Ltd (NASDAQ:SPRC) is trading at $5.99, up $1.08 (+22.00%), on 5.1M shares traded. This has held better than we thought and holding today’s $5.80 low would be pretty impressive.
This morning’s momentum movers include;
C4 Therapeutics Inc. (NASDAQ:CCCC) is trading at $4.49, up $2.15 (+91.71%), on 130.3M shares traded. We covered yesterday’s news when it was trading at $1.89
Chanson International Holding (NASDAQ:CHSN) is trading at $16.00, up $4.72 (+41.84%), on 1.5M shares traded. We first covered this in May, when it was $2.52, and as recently as this week, when it was $6.22.
ADC Therapeutics SA (NYSE:ADCT) is trading at $1.42, up $0.39 (+37.86%), on 4.9M shares traded. A rare NYSE mover.
CONTACT:
24/7 Market News
24/7 MARKET NEWS, INC Disclaimer
24/7 Market News (24/7MN) is a third-party publisher and online news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ, and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7 MN is not affiliated with any company written about in this release and owns no shares of stock. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable.
Few succeed in the stock market. Don’t trade if you’re not able to devote the necessary time. Earmark your surplus funds that you’re prepared to lose. Assess your risk appetite and set your stops accordingly, and honor your stop losses. Always employ loss limiting strategies. Be prepared to be blindsided by hidden risks, a bad company financing or other move can turn gains into losses.
Learn technical analysis, charting, patterns, and setups. Buying at the bottom and selling at the top is a myth. The middle half of a move is the sweet spot and learn how to exit a winning position, because trying to time the exact top can turn into big losses. Trade small and take advantage of small price move strategies, like scalping.
Remove emotional and psychological biases, and consider that you’re competing against professionals who’re deploying a number of powerful stock market tools. Successful traders make more on their winners than they lose on their losers. Learn how to interpret the ECN/Level 2 data.
The stocks and strategies discussed are simply ideas only and are in no way financial advice or recommendations. The author may or may not at any time be holding securities discussed. The author may or may not enter trades in the stocks mentioned. Some positions in mentioned stocks may already be held or are being adjusted or are simply examples, ideas or discussion topics. You are always trading at your own risk.
Please go to 247marketnews.com or https://247marketnews.com/terms-disclaimer/ for further information.
Connect with 24/7 Market News:
About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN incorporates comprehensive corporate communications resources and tools to engage the investment community.
Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.