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24/7 Market News Lunch Break 7 Nov 2023

DENVER, Colo., Nov. 7, 2023 (www.247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; PaxMedica Inc (NASDAQ: PXMD), Olaplex Holdings Inc (NASDAQ: OLPX), Hims & Hers Health Inc (NYSE: HIMS), Senti Biosciences Inc (NASDAQ: SNTI), Matterport Inc (NASDAQ: MTTR), Rover Group Inc (NASDAQ: ROVR), and Cardio Diagnostics Holdings Inc (NASDAQ: CDIO).

News

PaxMedica Announces Publication of Its Autism Spectrum Disorder Phase 2 Study Results in Peer-reviewed Journal- PaxMedica Inc (NASDAQ: PXMD) is trading at $6.27, up $3.22 (+105.42%), on 27.3M shares traded. This was our featured news this morning and it hit a $10.26 high this morning.

Hims & Hers Health, Inc. Announces $50 Million Share Repurchase Program Authorization- Hims & Hers Health Inc (NYSE: HIMS) is trading at $7.19, up $0.91 (+14.47%), on 2.1M shares traded.

Senti Bio Announces New Strategic Collaboration with Celest Therapeutics for Clinical Development of SENTI-301A in China- Senti Biosciences Inc (NASDAQ: SNTI) is trading at $0.54, up $0.25 (+84.86%), on 21.8M shares traded.

Matterport Introduces CAD File Add-On, a One-Click CAD Creation Tool To Simplify Design Workflows- Matterport Inc (NASDAQ: MTTR) is trading at $2.58, up $0.46 (+21.59%), on 5.1M shares traded.

Rover Reports Third Quarter 2023 Financial Results- Rover Group Inc (NASDAQ: ROVR) is trading at $7.79, up $1.32 (+20.32%), on 3.1M shares traded.

Momos

Today’s momentum movers include; 

Cardio Diagnostics Holdings Inc (NASDAQ: CDIO) is trading at $1.15, up $0.47 (+68.38%), on 78.5M shares traded. We covered Cardio Diagnostics last week, when it was trading at $0.30, and again as recently as yesterday.

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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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