Top Moving stocks for 16/12/2020

Top moving stocks

These are some of the stocks making the biggest moves that might interest you as you head into a new trading day.

 

US Silica Holdings Inc (SLCA)

On Wednesday December 16th jumped 24% having opened with a price of $6.5 and closing at $7.95 on the trading day to continue to its tremendous growth for the month of December.

The company produces Silica, a specialized mineral that is a critical input into the oil and gas proppants end market and a variety of attractive industrial and specialty products end market,

 

Radius Health Inc. (RDUS)

Shares of Radius Health traded on a high enjoying around 19.2% increase with its opening price of $15.45 and closing at $18.45. So far, the stock has moved 17.96% in the month of December.

The company researches and develops drug therapies. It focuses on helping treat osteoporosis by building new bone in patients, and women’s health conditions including menopause and age-related muscle loss.

 

Tilray Inc

Tilray shares traded higher on the day after the company announced it will combine with Aphria to create the largest canabis company. Aphria will pay 23% premium on company’s December 15 closing price.

It started trading at $9.85 and closed at $9.33 having completed the previous day at $7.87.

 

Dish Network Corp. (DISH)

Shares of Dish traded lower after the satellite TV company said it planned to offer $2 billion of convertible notes to help build its 5G network.. It closed the previous day trading at $35.68 and began December 16th with a price of $32.96 closing at $31.51.

Dish said in a statement that it is granting the initial purchaser an option to buy up to an additional $300M aggregate principal amount to cover any over-allotments. The notes will be unsecured obligation and Dish will settle any conversion obligation with cash, stock or combination thereof.

 

American Well Corporation (AMWL)

American Well saw its shares trade lower on a report that Amazon is building a telehealth business which it would be pitching to major employers including Zillow. Having closed the previous day trading at $30.21, it opened at $28.66 and dropped further to $26.89.

The company offers a single platform to support all health needs from urgent to acute and post-acute care, chronic care management and healthy living.

For Amazon, the move signals another giant steps towards strengthening its health service after launching Amazon pharmacy in November, a drug-delivering business in 48 states with steep discounts for Prime members.

 

 

 

 

 

Share: