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Tag: Clearside stock

  • Why Has CLSD Stock Skyrocketed In Premarket Trading?

    Why Has CLSD Stock Skyrocketed In Premarket Trading?

    Shares of Clearside Biomedical Inc. (CLSD) were up 35.10% in premarket trading at $4.08. By the close of last session, CLSD’s stock was trading at $3.02, +0.33%, or $0.01. The share price of Clearside stock has increased 52.53% over the previous twelve months, and has fallen by -4.43% over the past one week. As a result of the positive safety results of an ongoing clinical study, CLSD stock has been skyrocketing before the market opens.

    For what purpose was that study conducted?

    Clearside Clearside is a biopharmaceutical company that develops and manufactures treatments that restore and preserve vision in people with serious diseases of the back of the eye. The CLSD SCS Microinjector is designed to deliver fluid directly into the suprachoroidal space (SCS) and grants unparalleled access to the macula, retina, and choroid areas, where sight-threatening diseases often develop.

    Located inside an office, CLSD’s SCS injection platform provides a non-surgical, inherently flexible, non-invasive process for delivering medication to the site of disease and is capable of working with both established and new forms of medications.

    Clearside today reported today positive safety results from Cohort 1 of this ongoing Phase 1 / 2a clinical trial of its CLS-AX shot via its SCS Micro Injector device into six patients with neovascular age-related macular degeneration (wet AMD).

    • The primary endpoints were achieved in Cohort 1, when CLS-AX was well tolerated at the lowest planned dose of 0.03 mg.
    • CLSD’s Cohort 1 did not exhibit any serious adverse events or treatment-related adverse events during the study period.
    • No signs of inflammation, no vasculitis, no intraocular pressure (IOP)-related negative safety signals, no drug dispersion or any other adverse events associated with the medication were observed in any of the patients reviewed by CLSD.

    CLSD’s further plans for the study:

    After reviewing the data OASIS Safety Monitoring Committee at Clearside (CLSD) has moved the study to Cohort 2. CLSD expects to start Cohort 2 of screening patients to receive 0.1 mg of CLS-AX in June 2021 with completion of this four-month study expected by December 2021.

  • 24 stocks making the biggest moves premarket today

    24 stocks making the biggest moves premarket today

    ‎Bionano Genomics Inc. (BNGO) stock soared 55.84% to $4.8 in the pre-‎market trading. The company recently granted 180-day extension by Nasdaq to regain ‎compliance with bid price rule. The most recent rating by Ladenburg Thalmann, on September ‎‎24, 2020, is a Buy.‎

    ‎Jaguar Health Inc. (JAGX) grew over 14.11% at $0.93 in pre-market trading ‎today.‎

    ‎Castor Maritime Inc. (NASDAQ: CTRM) shares are trading up 5.41% at $0.195 ‎at the time of writing after revealing the pricing of $18.0 million registered direct offering. ‎Company’s 52-week ranged between $0.11 to $2.60.‎

    ‎Bit Digital Inc. (BTBT), a Software – Application company, rose about 18.3% at ‎‎$25.92 ‎in pre-market trading Monday.‎

    ‎Canaan Inc. (CAN) stock moved up 18.72 percent to $7.04 in the pre-market ‎trading.‎

    ‎Ebang International Holdings Inc. (EBON) stock soared 25.7% to $7.63 in the ‎pre-market trading after declared that the Company expects to commence public testing of its ‎cryptocurrency exchange and officially launch the exchange in the first quarter of 2021.‎

    ‎Riot Blockchain Inc. (NASDAQ: RIOT) shares are trading up 7.18% at $18.21 ‎at the time of writing. Company’s 52-week ranged between $0.51 to $18.16.‎

    ‎Marathon Patent Group Inc. (MARA) stock moved up 10.92 percent to $11.58 ‎in the pre-market trading following the declaration from the firm that that it has successfully ‎completed its $200 million shelf offering by utilizing its at-the-market (ATM) facility. ‎

    ‎Seanergy Maritime Holdings Corp. (SHIP) lost over -2.7% at $0.5231 in pre-‎market trading Monday January 04, 2021.‎

    ‎Li Auto Inc. (LI) gained over 4.68% at $30.18 in pre-market ‎trading ‎Monday ‎January ‎‎04, 2021 after reporting that the Company delivered 6,126 Li ONEs in ‎December ‎‎2020, ‎representing an ‎increase of 31.9% month-over-month and 529.6% year-over-‎year. ‎

    ‎Gevo Inc. (GEVO) grew over 10.12% at $4.68 in pre-market trading today.‎

    Before the trading started on January 04, 2021, Kinross Gold Corporation ‎‎(KGC) is up 4.9% to reach $7.7. It has been trading in a 52-week range of $2.72 to ‎‎$10.31.‎

    ‎Ocugen Inc. (OCGN), a Biotechnology company, rose about 125.14% at $4.12 ‎in pre-‎‎‎‎market trading Monday.‎

    ‎Color Star Technology Co. Ltd. (CSCW) stock plunged -9.79% to $0.6351 in the ‎pre-market trading. The company recently revealed strategic partnership with two UAE ‎companies. ‎

    ‎Avinger Inc. (AVGR) is up more than 8.16% at $0.476 in pre-market hours ‎Monday ‎January 04, 2021. The stock had dropped over -6.86% to $0.44 in the last trading ‎session.‎

    ‎Harmony Gold Mining Company Limited (HMY) stock soared 9.19% to $5.11 ‎in ‎the ‎pre-market trading. The most recent rating by JP Morgan, on February 21, 2019, is an ‎Overweight.‎

    ‎PEDEVCO Corp. (PED) is down more than -5.3% at $1.43 in pre-‎‎market ‎hours ‎Monday January 04, 2021. The stock had jumped over 20.80% to $1.51 in the last ‎trading ‎session.‎

    ‎Orbital Energy Group Inc. (NASDAQ: OEG) shares are trading up 5.02% at ‎‎$2.3 at ‎the ‎time of writing after pricing $10 million registered direct offering. Company’s 52-‎week ranged ‎between ‎‎$0.45 to $2.80.‎

    ‎Aethlon Medical Inc. (AEMD) is down more than -6.88% at $2.3 in pre-‎market ‎hours ‎Monday January 04, 2021. The stock had jumped over 19.32% to $2.47 in the last ‎trading session.‎

    Before the trading started on January 04, 2021, Invitae Corporation (NVTA) is ‎up 4.31% to reach $43.61. The company recently revealed that Sean George, co-founder and ‎chief executive officer of Invitae, will present at the 39th Annual J.P. Morgan Healthcare ‎Conference on Tuesday, January 12, 2021 at 10:50 a.m. Eastern/7:50 a.m. Pacific. It has been ‎trading in a 52-week range of $7.41 to $61.59.‎

    ‎Hall of Fame Resort & Entertainment Company (HOFV), a ‎Entertainment ‎company, ‎rose about 31.71% at $1.62 in pre-market trading Monday.‎

    ‎T2 Biosystems Inc. (TTOO) is down more than -3.23% at $1.2 in pre-‎market ‎hours ‎Monday January 04, 2021. The stock had dropped over -0.80% to $1.24 in the last ‎trading session.‎

    ‎Clearside Biomedical Inc. (NASDAQ: CLSD) shares are trading up 7.66% ‎at ‎‎$2.95 ‎at ‎the time of writing. Company’s 52-week ranged between $1.10 to $4.13. Analysts ‎have ‎a ‎consensus ‎price target of $8.‎

    ‎Teligent Inc. (NASDAQ: TLGT) shares are trading down -5.13% at $0.7115 at ‎the time of writing after declaring its financial results for the third quarter ended September ‎‎30, 2020. Company’s 52-week ranged between $0.46 to $6.46. Analysts have a consensus price ‎target of $2.‎

  • Early Morning Vibes: The 4 Best Stocks To Buy Now

    Trading on December 31 at the American stock markets ended in the green zone. The S&P 500 index climbed 0.64% to 3756 points, the Dow Jones rose 0.65%, the NASDAQ added 0.14%. S&P 500 and Dow Jones were able to hit new all-time highs thanks to positive statistics on weekly jobless claims. The growth of the indices for the whole of 2020 was 16% and 7%, respectively, while the growth of the high-tech NASDAQ over the past year was 44%.

    Company news

    Enphase Energy (ENPH: + 1.5%) will be listed in the S&P 500 starting January 7.

    Celsius Holdings (CELH: + 13.3%) will be listed in the S&P SmallCap 600 starting January 7.

    Elf Beauty (ELF: + 7.4%) will be listed on the S&P SmallCap 600 starting January 7.

    Today, global stock markets are showing positive dynamics on the first trading day of 2021. The news background remains calm, but market participants continue to bet on the recovery of the global economy this year thanks to effective vaccines and a fast vaccination process.

    However, while the vaccination campaign in the States is not so successful: as of January 2, only 4.2 million Americans received the first (of two) dose of the vaccine, although it was previously planned to reach the goal of 20 million. The head of the Operation Warp Speed organization suggested increasing the vaccination rate by halving Moderna’s vaccine dose for certain populations, negotiations are underway with the FDA regulator and company representatives. It is important to note that investors do not yet appear to be concerned about the slow pace of vaccinations.

    In Europe, there is still no desire from the authorities to soften coronavirus restrictions. Stricter measures can be taken in the UK. In general, after the holidays, a global increase in diseases and an increase in the burden on the health care system can be expected, but investors are optimistic and look at this as the peak of the fight against coronavirus, after which the burden on healthcare workers will begin to decrease and state borders will open.

    In the United States, an attempt to increase direct payments to the public from $ 600 to $ 2,000 was unsuccessful. Also over the weekend, attention was drawn to the delisting of Chinese telecom companies from American exchanges, which was a consequence of Donald Trump’s decree.

    Technical analysis

    Technically, the S&P 500 is prone to an upward movement. A new historical maximum was reached the day before. Buyers continue to demonstrate relative strength. At the same time, the RSI indicator is close to the overbought zone, so there is a risk of correction. To stay in an uptrend, the S&P 500 needs to hold above the 3640 level.

    Today Top Movers

    Nio Inc (NIO)‎, a Auto Manufacturer company, soared about 2.44% ‎at $49.93 in pre-market trading Monday after providing its December, fourth quarter and full year 2020 delivery results.‎

    ‎Canaan Inc (CAN) share price increased 20.57% to $7.15 during early morning ‎trading session on Monday.‎‎

    ‎Castor Maritime Inc (CTRM) stock ascended 6.48% at $0.19 in the pre-‎market trading today following the announcement of pricing of $18.0 million registered direct offering.‎

    ‎Sundial Growers Inc (SNDL) gained over 2.30% at $0.48 in pre-market ‎trading on Monday.‎ The company recently revealed that it has closed the acquisition of a special purpose vehicle.

    Top Upgrades & Downgrades

    Barclays turned bullish on Ally Financial Inc. (ALLY), upgrading the stock to “Overweight” and assigning a $48 price target.

    The Goldman Sachs Group Inc. (GS) has won the favor of Barclays’s equity research team. The firm upgraded the shares from Equal-Weight to Overweight and moved their price target to $362.

    Morgan Stanley (MS) received an upgrade from analysts at Barclays, who also set their one-year price target on the stock to $88. They changed their rating on MS to Overweight from Equal-Weight in a recently issued research note.

    Earlier Monday Jefferies reduced its rating on Masco Corp (NYSE: MAS) stock to Hold from Buy and assigned the price target to $61.

    Barclays analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Zions Bancorporation (NASDAQ: ZION) has been changed to Equal Weight from Overweight and the new price target is set at $50.

    Analysts at Barclays downgraded Citigroup Inc (NYSE: C)’s stock to Equal Weight from Overweight on Monday.

    Latest Insider Activity

    AbbVie Inc. (ABBV) EVP, Commercial Operations Stewart Jeffrey Ryan announced the sale of shares taking place on Dec 29 at $105.00 for some 25,290 shares. The total came to more than $2.66 million.

    Walmart Inc. (WMT) 10% Owner WALTON JIM C sold on Dec 30 a total 372,175,368 shares at $144.23 on average. The insider’s sale generated proceeds of almost $229.12 million.

    The Kroger Co. (KR) Director SARGENT RONALD declared the purchase of shares taking place on Dec 30 at $31.65 for some 3,200 shares. The transaction amount was around $0.1 million.

    Clearside Biomedical Inc. (CLSD) 10% Owner WHITMORE BRADFORD T bought on Dec 24 a total 3,179,095 shares at $1.95 on average. The purchase cost the insider an estimated $99,897.

    Important Earnings

    Top US earnings releases scheduled for tomorrow include SMART Global Holdings Inc. (NASDAQ:SGH). It will announce its Nov 2020 financial results. The company is expected to report earnings of $0.7 per share from revenues of $290.93M in the three-month period.

  • 38 stocks trending in pre-market

    38 stocks trending in pre-market

    AnPac Bio-Medical Science Co. Ltd. (ANPC) stock plunged 0.0% to $7.14 in the pre-market trading after announcing that it experienced strong demand for its cancer screening tests and set a record in paid test volume in the third quarter.
    BOQI International Medical Inc. (NASDAQ: BIMI) shares are trading down -4.78% at $1.99 at the time of writing. Company’s 52-week ranged between $1.50 to $7.40.
    Slack Technologies Inc. (WORK) lost over -3.44% at $39.3 in pre-market trading Friday November 27, 2020. The technology company will report its financial results for the third quarter of fiscal year 2021, ended October 31, 2020, following the close of the U.S. markets on Wednesday, December 9, 2020.
    Before the trading started on November 27, 2020, Fisker Inc. (FSR) is down -5.0% to reach $20.53. It has been trading in a 52-week range of $8.70 to $21.60.
    Ferroglobe PLC (GSM) stock soared 2.36% to $1.3 in the pre-market trading following the announcement of results for the third quarter of 2020. The most recent rating by Stifel, on September 16, 2019, is a Hold.
    Appian Corporation (NASDAQ: APPN) shares are trading up 1.2% at $177.0 at the time of writing. Company’s 52-week ranged between $29.07 to $139.75. Analysts have a consensus price target of $84.
    The9 Limited (NCTY) tumbled over -3.74% at $3.47 in pre-market trading today. The firm recently reported that it will hold its annual general meeting of shareholders at the 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s Republic of China on December 22, 2020 at 2:00 p.m., Shanghai time.
    Future FinTech Group Inc. (FTFT), a Software – Application company, dropped about -8.33% at $2.75 in pre-market trading Friday.
    ZK International Group Co. Ltd. (ZKIN), a Steel company, dropped about -11.4% at $2.02 in pre-market trading Friday after a news announced by company that its wholly-owned subsidiary, xSigma Corporation, (“xSigma”) www.xsigma.com is launching a Decentralized Finance (“DeFi”) protocol which aims to provide a new level of transparency and legitimacy to decentralized financial blockchain-based smart contracts.
    Athersys Inc. (ATHX) is up more than 8.47% at $1.92 in pre-market hours Friday November 27, 2020. The stock had jumped over 12.03% to $1.77 in the last trading session.
    Sundial Growers Inc. (SNDL) is up more than 12.54% at $0.3151 in pre-market hours Friday November 27, 2020. The firm will participate in Cowen’s 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020. The stock had dropped over -6.95% to $0.28 in the last trading session.
    Before the trading started on November 27, 2020, Tuniu Corporation (TOUR) is up 15.86% to reach $4.09 after declaring that it plans to release its unaudited financial results for the third quarter ended September 30, 2020, before the market opens on December 1, 2020. It has been trading in a 52-week range of $0.73 to $3.26.
    Gevo Inc. (GEVO) stock soared 5.64% to $2.06 in the pre-market trading. The most recent rating by H.C. Wainwright, on September 07, 2018, is a Buy.
    RMG Acquisition Corp. (RMG), a Shell Companies company, rose about 13.13% at $15.94 in pre-market trading Friday after reporting that the close of business on Tuesday, December 1, 2020, has been set as the record date for the determination of stockholders eligible to receive the proxy and vote at the special meeting to be held to consider and approve the previously announced merger with Romeo Systems, Inc., a Delaware corporation.
    Veritone Inc. (NASDAQ: VERI) shares are trading down -4.12% at $20.0 at the time of writing. Company’s 52-week ranged between $1.22 to $19.67. Analysts have a consensus price target of $6.
    Viomi Technology Co. Ltd (VIOT) is up more than 2.09% at $5.85 in pre-market hours Friday November 27, 2020 after the technology company released its unaudited financial results for the third quarter ended September 30, 2020. The stock had dropped over -8.76% to $5.73 in the last trading session.
    Before the trading started on November 27, 2020, Acasti Pharma Inc. (ACST) is down -3.1% to reach $0.2597. It has been trading in a 52-week range of $0.17 to $3.08.
    EHang Holdings Limited (EH) stock soared 7.41% to $14.5 in the pre-market trading after announcing that its two-seater passenger-grade AAV, EHang 216 has completed its maiden flights in three Korean locations – Seoul, Daegu, and Jeju Island. The most recent rating by Needham, on February 07, 2020, is a Buy.
    Apex Technology Acquisition Corporation (APXT) share price soared +36.67% in pre market on Friday after the news declared by AvePoint, Inc., that it has entered into a definitive business combination agreement with Apex Technology Acquisition Corporation (NASDAQ: APXT).
    Canaan Inc. (CAN), a Computer Hardware company, dropped about -8.48% at $5.83 in pre-market trading Friday.
    Tantech Holdings Ltd (TANH) stock moved up 9.05 percent to $2.17 in the pre-market trading after recently declared the closing of $10 million offering.
    BlueCity Holdings Limited (BLCT) is up more than 2.77% at $12.6 in pre-market hours Friday November 27, 2020. The company recently reported that it has entered into a definitive agreement with iRainbow Hong Kong Limited (“Finka”) and all of its subsidiaries and other entities under the control of Finka, pursuant to which BlueCity agreed to acquire 100% equity interests in Finka for an aggregate consideration of RMB240 million in cash. The stock had dropped over -9.19% to $12.26 in the last trading session.
    Before the trading started on November 27, 2020, Uxin Limited (UXIN) is up 13.41% to reach $1.86. It has been trading in a 52-week range of $0.72 to $3.10.
    Blink Charging Co. (BLNK) stock plunged -4.11% to $24.24 in the pre-market trading after declaring that it has acquired the EV charging operator U-Go Stations, Inc. and its portfolio of 44 DCFC charging locations. The most recent rating by H.C. Wainwright, on August 14, 2020, is a Neutral.
    FreightCar America Inc. (NASDAQ: RAIL) shares are trading up 10.45% at $2.22 at the time of writing following the company announced receipt of stockholder approval for issuance of warrant and funding of new term loan. Company’s 52-week ranged between $0.73 to $2.87. Analysts have a consensus price target of $4.50.
    Luokung Technology Corp. (LKCO) grew over 3.3% at $0.5568 in pre-market trading today after reporting that it has closed the acquisition of 67.36% of BOTBRAIN AI LIMITED.
    ClearOne Inc. (CLRO), a Communication Equipment company, rose about 2.43% at $2.53 in pre-market trading Friday. The firm recently declared financial results for the three and nine month periods ended September 30, 2020.
    Pennsylvania Real Estate Investment Trust (PEI) stock plunged -5.41% to $1.05 in the pre-market trading. The most recent rating by SunTrust, on January 16, 2020, is a Sell.
    Yunji Inc. (NASDAQ: YJ) shares are trading down -16.23% at $4.13 at the time of writing after reporting its unaudited financial results for the third quarter ended September 30, 2020. Company’s 52-week ranged between $1.67 to $5.95. Yunji Announces Third Quarter 2020 Unaudited Financial Results.
    Aurora Cannabis Inc. (ACB) is up 38.58% in pre market session on Friday after reporting that it has entered into a strategic Supply Agreement with Cantek Holdings, one of Israel’s leaders in the medical cannabis field.
    Aurora Mobile Limited (JG) is up more than 10.76% at $3.5 in pre-market hours Friday November 27, 2020 following the firm reported that it has entered into a 5G strategic cooperation framework agreement and a 5G messaging connection test agreement with China United Network Communications Limited Beijing Branch. The stock had dropped over -13.42% to $3.16 in the last trading session.
    Before the trading started on November 27, 2020, The ExOne Company (XONE) is up 7.0% to reach $13.0. It has been trading in a 52-week range of $3.55 to $16.89.
    Ideanomics Inc. (IDEX) stock soared 8.49% to $2.94 in the pre-market trading. The technology company lately revealed that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million.
    Medigus Ltd. (MDGS) is down more than -5.14% at $2.95 in pre-market hours Friday November 27, 2020. The stock had dropped over -10.63% to $3.11 in the last trading session.
    The Gap Inc. (NYSE: GPS) shares are trading up 2.55% at $22.15 at the time of writing after releasing its financial results for the third quarter of fiscal year 2020, ending October 31. Company’s 52-week ranged between $5.26 to $26.99. Analysts have a consensus price target of $23.
    Before the trading started on November 27, 2020, Golden Bull Limited (BTBT) is down -15.82% to reach $6.12. It has been trading in a 52-week range of $0.28 to $7.05.
    Ashford Hospitality Trust Inc. (AHT) grew over 0.34% at $2.99 in pre-market trading today after announcing that closing of exchange offers for all Outstanding series of its preferred stock.
    ECMOHO Limited (MOHO), a Specialty Retail company, dropped about -3.85% at $2.75 in pre-market trading Friday after declaring that it will release its unaudited financial results for the third quarter ended September 30, 2020 on Monday, November 30, 2020.