Healthcare stocks are moving in Monday's intraday session. Gainers include NuCana NCNA, Immutep IMMP, INVO Fertility IVF, Regencell Bioscience RGC, Alterity Therapeutics ATHE, and Cyclacel Pharmaceuticals CYCC. Losers include Integra Lifesciences IART, Nexalin Technology NXL, Impact BioMedical IBO, AirSculpt Technologies AIRS, ImmunityBio IBRX, and PTC Therapeutics PTCT.
Healthcare stocks experienced mixed performance in Monday's intraday session, with several notable gains and losses. Gainers included NuCana (NCNA), Immutep (IMMP), INVO Fertility (IVF), Regencell Bioscience (RGC), Alterity Therapeutics (ATHE), and Cyclacel Pharmaceuticals (CYCC). Conversely, losers included Integra Lifesciences (IART), Nexalin Technology (NXL), Impact BioMedical (IBO), AirSculpt Technologies (AIRS), ImmunityBio (IBRX), and PTC Therapeutics (PTCT).
NuCana (NCNA), a clinical-stage biopharmaceutical company, reported encouraging Phase 1b/2 data for its NUC-3373 drug in combination with pembrolizumab or docetaxel, showing promising results in advanced solid tumor patients [2]. The company's stock saw a significant gain, contributing to the overall positive performance in the healthcare sector.
Immutep (IMMP) and INVO Fertility (IVF) also experienced notable gains, driven by positive clinical trial results and strong financial performance. Regencell Bioscience (RGC) and Alterity Therapeutics (ATHE) benefited from advancements in their respective biotechnological research and development efforts.
On the losing side, Integra Lifesciences (IART) and Nexalin Technology (NXL) faced setbacks due to disappointing quarterly earnings and market expectations. Impact BioMedical (IBO), AirSculpt Technologies (AIRS), ImmunityBio (IBRX), and PTC Therapeutics (PTCT) also experienced losses, likely due to regulatory uncertainties and market volatility.
Overall, Monday's intraday session highlighted the continued resilience and potential of the healthcare sector, with several companies demonstrating strong performance in their respective fields. Investors should closely monitor these developments and consider the potential long-term implications for their portfolios.
References:
[1] https://economictimes.indiatimes.com/markets/stocks/news/these-8-banking-stocks-can-give-more-than-29-returns-in-1-year-according-to-analysts/articleshow/120940378.cms
[2] https://www.stocktitan.net/news/NCNA/
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