Amid the drama, Thursday’s session saw First Majestic Silver Corp. (AG) rise about 21%, Bit digital (BTBT) increased 21.29%, Ligand Pharmaceuticals about 17% among market movers. We have highlighted below some of the reasons for the price movements.
First Majestic Silver Corp. (AG)
Shares of First Majestic traded within the normal range but saw an increase of about 21.38% with its price moving from $13.87 the previous day’s closing to finish Thursday at $16.86 per share.
Bit Digital Inc (BTBT)
Shares of several financial companies traded high as markets rebound following Wednesday’s selloff as investors weigh recent earnings in the sector and await upcoming quarterly reports. Heavy speculative retail trading in recent sessions has added to market volatility. The stock previously closed Wednesday at $16.11 to close Thursday at $19.54 per share recording 21.29% increase.
Ligand Pharmaceuticals Inc. (LGND)
Ligand shares rose 17.58% despite trading within the normal range. The stock had previously closed at $162.90 to end Thursday’s trading at $191.59. develops or acquires royalty-generating assets comprising numerous technologies, therapies and drugs.
Coeur Mining Inc (CDE)
Precious metals mining company, Coeur Mining’s shares increased 16.17% in the trading session with its price moving from its previous day’s closing of $7.73 to close Thursday at $8.98 despite trading within the normal range.
Marathon Patent Group (MARA)
Digital asset technology company traded within the normal range to close its price despite its 12.75 on the day. The stock started trading at around $18.39 to close at $19.90 per share.