Onconova plummets after INSPIRE study did not meet primary endpoint Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Takeda Pharmaceutical (TAK) and Blackstone (BX) up 3% and 2%, respectively, after announcing that Takeda has entered into an agreement to divest Takeda Consumer Healthcare, a wholly-owned subsidiary focused on the consumer health care market primarily in Japan, to Oscar A-Co KK, a company controlled by funds managed by Blackstone and its affiliates for a total value of 242B yen
- NN, Inc. (NNBR) up 20% after announcing a definitive agreement under which the company's Life Sciences division will be purchased by affiliates of American Securities for $825M
- AstraZeneca (AZN) up 3% after Financial Times reported The Trump administration is considering bypassing typical regulatory standards to fast-track an experimental coronavirus vaccine being worked on by the company and partner Oxford University
- Party City (PRTY) up 12% after director Norman Matthews disclosed the acquisition of 250,000 common shares of the company at a price of $2 per share
- Gores Metropoulos (GMHI) up 7% after announcing Luminar announced it has entered into a definitive agreement to merge with the company
- Grifols (GRFS) and XBiotech (XBIT) up 6% and 18%, respectively, after the FDA issued an emergency use authorization for investigational convalescent plasma for the treatment of COVID-19 in hospitalized patients
UP AFTER EARNINGS -
- iClick Interactive Asia (ICLK) up 3%
LOWER -
- Onconova (ONTX) down 72% after announcing that INSPIRE, the company's pivotal Phase 3 study assessing the efficacy and safety of IV rigosertib in higher-risk MDS, or HR-MDS, patients, did not meet its primary endpoint of improved survival
- Odonate Therapeutics (ODT) down 30% after announcing top-line results from CONTESSA, a Phase 3 study of tesetaxel in patients with metastatic breast cancer
- Mohawk Group (MWK) down 19% after its 3.4M shares secondary offering priced at $7.00 per share
- Yield10 Bioscience (YTEN) down 16% after pricing a $5.2M public offering at $4.25 per share
Symbols:
TAK BX NNBR AZN PRTY GMHI GRFS XBIT ICLK ONTX ODT MWK YTEN Keywords: Fly Intel, Wall Street, Top Stories, Stocks