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June 07, 2023
Zai Lab is today's top mover after declining 12.67%
The leading indices are currently lower — Nasdaq trades at 13,218 after losing 0.44%. S&P 500 slipping 0.14% and closing at 4,278.
Today's price action is taking place amid mixed market indicators – United States Crude Oil Inventories published today at 14:30 UTC came out at -451,000, falling short of the 1 million projections and continuing its decline from the previous 4.49 million figure.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active healthcare stocks are listed below.
Novavax rises 5.22% after trading as low as $7.09
The US biotechnology company trades at $7.61 today, after closing yesterday at $7.23 and gaining 37.77 cents (5.22%). The US vaccine developer's market cap currently stands at $656.58 million with an average daily volume of 6.90 million shares. So far this year, it has been under-performing the Nasdaq by 47.91%.
Zai Lab currently down 12.67% halfway through today
More of the same today: tough session sees the oncology medicine developer shedding 12.67% in early trade Zai Lab has a market cap of $2.87 billion with an average daily volume of 695,707 shares. So far this year, it has been doing worse than the Nasdaq by 13%.
Ionis Pharmaceuticals currently down 6.21% halfway through today
The biotechnology company drops 6.21% in early trade and remains within touching distance of the $40.64 level. Currently, the biotechnology company has a market capitalization of $5.82 billion with an average daily trading volume of 1.16 million shares.
