Two stocks in the biotech space had dramatic moves over the last two days. One in Trevena Inc (TRVN), which moved from about $0.60 to nearly $1.50 per share over the last two days. The stock was up due to news of a pathway to possible FDA approval for its flagship product. The other big […]
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The healthcare and biotech sectors were both bearish today. The overall US equities market declined over 1% during the session, as the markets were unable to find positive news catalysts in the wake of negative earnings results in major names in multiple sectors. This suggests that the markets are beginning to re-evaluate current stock valuations, […]
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The equities markets traded on relatively low volume today, as traders appear to be awaiting the outcome of the US mid-term elections. The outcome should set the tone for economic expectations going forward, with potential tax cuts and further deregulatory actions unlikely to pass through Congress in the event the Democratic party takes control. While […]
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