Shares of Clovis Oncology Inc $CLVS increased 47.74%, Gevo Inc $GEVO went up 18.04% while Luminar Technologies $LAZR grew 16.58% among other stocks making the headlines. We have highlighted below some of the reasons for the price movements.
Clovis Oncology Inc $CLVS
Shares of $CLVS went up 47.74% on Friday as its price moved from its previous day’s closing of $5.32 to $7.86 per share price. The company is a pharmaceutical company that mainly markets products for treatment in oncology.
Gevo Inc $GEVO
Gevo shares traded 18.04% upwards in the last session as its price moved from the previous day’s closing of $8.48 to $10.01 per share.
Luminar Technologies $LAZR
Shares of $LAZR traded within their normal range but saw a 16.58% upward change in its price from the previous day’s closing of $26.30 to close Friday at $30.66 per share price. The rise in price came after the company supplied investors with a business update as well as preliminary 2020 results.
High Point Resources Corp $HPR
Shares of $HPR traded within their normal range but increased from its previous day’s closing of $4.74 to $5.50. Investors are reacting to the company’s announcement that the United States Bankruptcy Court for the District of Delaware affirmed and entered a written order confirming the company’s previously announced prepackaged plan of reorganization on March 18, 2021.