Another Week of Big Gains and Losses as September Ends
September’s last full week had pharmaceutical companies making much of the news. So for successful online trading, let’s get to the gainers and losers of the week.
One name that comes to mind with regard to big movers is Tetraphase Pharmaceuticals Inc ($TTPH). Trading View gave it a Strong Buy after its humungous 2327.97% growth to $5.73. A Buy rating is also given for Chilean airline LATAM Airlines Group ($LTM) after its 31.08% growth to $11.81. The company has just announced a partnership with Delta Air Lines ($DAL) with the leading airline companies in Latin America and North America respectively forming a formidable alliance. Just Energy Group Inc ($JE) soared 28.32% and received a Buy rating. Another pharmaceutical company that hogged the limelight was Milestone Pharmaceuticals Inc ($MIST) that got a Sell rating despite its 12.50% growth to $18.90.
In the S&P 500, Wells Fargo & Co ($WFC) rose 3.77% to $50.71 while Emerson Electric Co ($EMR) rose 3.44% to $66.40. Ulta Beauty Inc ($ULTA) had a 3.42% rise to $244.40.
Concert Pharmaceuticals Inc ($CNCE) had a Sell rating following its 36.68% dip to $6.25. Pieris Pharmaceuticals Inc ($PIRS) dropped 21.52% for a Sell rating. Plastic surgery skin tightening company InMode Ltd ($INMD) was a Strong Sell after its 16.01% drop to $22.24. Biotechnology company Atreca Inc ($BCEL) dipped 14.46% to 11.12. It had a Sell rating.
In the S&P 500, Micron Technology Inc ($MU) had an 11.09% drop to $43.21. Lam Research Corp ($LRCX) had a 5.25% dip to $230.08. Applied Materials Inc ($AMAT) sank 5.22%, dropping to $49.43. Boston Scientific Corp ($BSX) dropped 4.82% to $40.31.
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