Stocks of Medicinova Inc $MNOV grew 53.87%, GTT Communications Inc $GTT rose 29.95% while Express Inc $EXPR increased 25.47% among other stocks making the headlines. We have highlighted below some of the reasons for the price movements.
Medicinova Inc $MNOV
Medicinova shares traded 53.87% upwards after the company announced a partnership with BARDA to develop MN-166 as a medical countermeasure against chlorine gas-induced lung injury. The stock had closed the previous day’s trading at $5.68 to begin Wednesday at $9.88 and closed at $8.74 per share price.
GTT Communications Inc $GTT
GTT Communications shares increased 29.95% after the company announced Charter Schools USA selected GTT to upgrade its network infrastructure with SD-WANtechnology. The stock opened at $2.06 to close at $2.43. It had closed the previous day trading at $1.87 per share.
Express Inc $EXPR
Shares of Express Inc grew 25.74% after the company released better-than-expected Q4 EPS and sales results. The stock previously closed at $3.38, opened Wednesday at $4.10 and closed at $4.25 per share price.
Inari Medical Inc $NARI
Inari Medical Shares rose 19.06% after the company reported better-than-expected Q4 EPS and sales results and issued Q1 2021 & FY21 revenue guidance estimates. The stock opened trading at $115.36 to close at $118.27.