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24/7 Market News Lunch Break 30 Oct 2023

DENVER, Colo., Oct. 30, 2023 (www.247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; VYNE Therapeutics Inc (NASDAQ: VYNE), Coherus BioSciences Inc (NASDAQ: CHRS), MeiraGTx Holdings PLC (NASDAQ: MGTX), Nerdwallet Inc (NASDAQ: NRDS), ImmunityBio Inc (NASDAQ: IBRX), and Conduit Pharmaceuticals Inc (NASDAQ: CDT).

News

VYNE Therapeutics Announces Private Placement of $88 Million (And) VYNE Therapeutics Reports Positive Results from Preclinical Models for Oral BD2-Selective BET Inhibitor VYN202- VYNE Therapeutics Inc (NASDAQ: VYNE) is trading at $2.71, up $0.47 (+20.71%), on 18.15M shares traded.

Coherus and Junshi Biosciences Announce FDA Approval of LOQTORZI™ (toripalimab-tpzi) in All Lines of Treatment for Recurrent or Metastatic Nasopharyngeal Carcinoma (NPC)- Coherus BioSciences Inc (NASDAQ: CHRS) is trading at $2.98, up $0.34 (+12.88%), on 17.96M shares traded.

MeiraGTx Announces $30 Million Strategic Investment from Sanofi; Company Pursuing Multiple Additional Strategic Opportunities– MeiraGTx Holdings PLC (NASDAQ: MGTX) is trading at $4.60, up $0.90 (+24.32%), on 10.74M shares traded.

Momos

Today’s momentum movers include; 

Nerdwallet Inc (NASDAQ: NRDS) is trading at $10.44, up $1.10 (+11.78%), on 1.32M shares traded. We covered the good Q3 report last week and it continues to trade higher.

ImmunityBio Inc (NASDAQ: IBRX) is trading at $2.75, up $0.27 (+10.93%), on 14.03M premarket shares traded.

Conduit Pharmaceuticals Inc (NASDAQ: CDT) is trading at $1.34, up $0.32 (+31.37%), on 12.9M shares traded.

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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.

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