Shares of Vaxart (VXRT), Churchill Capita (CCIV), GameStop (GME), AMC Entertainment (AMC) grabbed the headlines among other stocks. We have highlighted below some of the reasons for the price movements.
Vaxart Inc (VXRT)
Share of VXRT traded within their normal range but also recorded an upward movement of almost 50% in the day’s session. The stock opened trading at $17.09 to close at $23.33 on the day.
Prothena Corporation plc (PRTA)
The clinical-stage neuroscience company shares traded higher after the company announced that its confirmatort phase 3 AFFIRM-AL study of Britamimab in mayo stage IV patients with AL Amyloidosis is under a SPA agreement with the FDA. Its shares rose 30.45% from its previous day’s closing around $11 to close Tuesday at $14.35.
Churchill Capital Corp. (CCIV)
Shares of blank check company Churchill Capital increase 27% amid investors M&A speculation. The stock has been rumoured to merge with EV company Lucid Motors. Its stock opened Tuesday at $28 to close at $32.14.
Shares of GME was down about 60% on Tuesday as its price per share dropped from its opening of $140 to close at $90. It has been increasingly volatile following interest from retail investors.
AMC Entertainment (AMC)
There was no party for AMC Entertainment shares as it dropped 41.20% from its previous day’s closing around $13 to close Tuesday at $7.82. It has also been increasingly volatile as a result of interest from retail investors.
Shares of Blackberry traded lower to close the session 21.05% down. The stock has been volatile following interest from retail investors. It had close the previous day’s session around $14.63 to finish at $11.55.