Why Avenue Therapeutics Shares Surged Around 106%; Here Are 87 Biggest Movers From Yesterday
Gainers Spero Therapeutics, Inc. (NASDAQ: SPRO ) shares jumped 167.7% to close at $2.20 on Thursday after the company announced it has entered into an exclusive license agreement with GSK for Spero''s late-stage antibiotic asset, tebipenem HBr. Spero Therapeutics will receive $66 million upfront, with potential for future milestone payments, and tiered royalties. Avenue Therapeutics, Inc. (NASDAQ: ATXI ) gained 105.9% to close at $0.44 after the company received meeting minutes from the FDA regarding a meeting conducted on August 9, 2022, for IV Tramadol. The company also announced the effectiveness of its 1-for-15 reverse split on Sept. 23. Panbela Therapeutics, Inc. (NASDAQ: PBLA ) gained 46.4% to close at $0.3550. American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT ) jumped 44.7% to close at $0.3118 on Thursday. ShiftPixy, Inc. (NASDAQ: PIXY ) shares gained 39% to close at $18.98. ShiftPixy, on Wednesday, announced pricing of $5 million private placement. Cassava Sciences, Inc. (NASDAQ: SAVA ) climbed 35.7% to close at $51.06.
Why Avenue Therapeutics Shares Surged Around 106%; Here Are 87 Biggest Movers From Yesterday
Gainers Spero Therapeutics, Inc. (NASDAQ: SPRO ) shares jumped 167.7% to close at $2.20 on Thursday after the company announced it has entered into an exclusive license agreement with GSK for Spero''s late-stage antibiotic asset, tebipenem HBr. Spero Therapeutics will receive $66 million upfront, with potential for future milestone payments, and tiered royalties. Avenue Therapeutics, Inc. (NASDAQ: ATXI ) gained 105.9% to close at $0.44 after the company received meeting minutes from the FDA regarding a meeting conducted on August 9, 2022, for IV Tramadol. The company also announced the effectiveness of its 1-for-15 reverse split on Sept. 23. Panbela Therapeutics, Inc. (NASDAQ: PBLA ) gained 46.4% to close at $0.3550. American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT ) jumped 44.7% to close at $0.3118 on Thursday. ShiftPixy, Inc. (NASDAQ: PIXY ) shares gained 39% to close at $18.98. ShiftPixy, on Wednesday, announced pricing of $5 million private placement. Cassava Sciences, Inc. (NASDAQ: SAVA ) climbed 35.7% to close at $51.06.