Top Moving Stocks for Monday 01/02/2021

Top moving stocks

Shares of Dynavax Technologies Corp. (DVAX), Tuscan Holdings (THCB), Inovio Pharmaceuticals traded higher among other stocks. We have highlighted below some of the reasons for the price movements.

Dynavax Technologies Corp. (DVAX)
Dynavax Technologies shares traded higher following the company’s announcement that it would launch a Phase 2/3 trial of its COVID-19 vaccine candidate. The stock surged 62.76% with its price moving from the previous day closing at $6.31 to close Monday at $10.27

Tuscan Holdings Corp. (THCB)
Shares of Tuscan Holding increased more than 56% after reports about the company’s interest in acquiring batter maker Microvast. The share price moved from its previous day’s closing $15.66 to close Monday at $24.50.

Ferroglobe PLC (GSM)
Ferroglobe shares rose about 55.93% after the company announced an agreement with noteholders for a potential refinancing agreement including recapitalization. The stock began Monday’s session at $2.05 to close at $2.76

BioCryst Pharmaceuticals Inc (BCRX)
Shares of BioCryst Pharma traded higher amid interest in the stock from retail investors and mention of the stock in online forums. The share price grew about 39% after opening the day’s session at $10.78 to close at $11.85

Inovio Pharmaceuticals (INO)
Inovia shares grew a little above 33% without company-specific news from the session. Its share price was up from its starting of$13.78 to close the day at $16.96.