Here are our top movers today. And don’t forget to join us in the Market Masters Trading Room.
And while you’re at it, check out Jason’s Back-to-School special below— only 47 seats remain — back to school equals more time for trading, hell ya!
FOCUS LIST🔎
ELAB – Up over 45% in the pre-market after announcing positive data results with completion of clinical study of Elevai Enfinity™ Topical Exosome Serum
TNXP – Up over 16% in pre after announcing collaboration with Bilthoven Biologicals on advancing development of Tonix’s Mpox Vaccine, TNX-801
GLPG – Up over 10% in pre after Ecor1 Capital reported a 9.9% stake in the company
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HOTLIST🔥
ELAB – Up over 45% in the pre-market after announcing positive data results with completion of clinical study of Elevai Enfinity™ Topical Exosome Serum
Elevai Labs Inc. (ELAB) is a skincare development company, designs, manufactures, and markets skincare products in the United States. The company offers Empower and Enfinity post-skincare procedure care serums for the face, neck, and upper chest regions.
In the pre-market this morning, the company announced the completion of a clinical study examining the effectiveness of Elevai exosomes on facial appearance.
The data, pending peer review, from the clinical study was internally reviewed by the Company, and the results show Elevai enfinity™ to be safe and tolerable with significant improvement noted across many aspects of skin appearance. Elevai aims to publish the full study results in the near future.
The stock traded up over 45% in the pre-market in reaction to the news.
The $0.34 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $0.37, $0.40, $0.45 and then $0.51.
Below $0.34, targets to the downside are $0.32, $0.30, $0.28 and then a gap fill at $0.3070 with $0.2509 below that.
TNXP – Up over 16% in pre after announcing collaboration with Bilthoven Biologicals on advancing development of Tonix’s Mpox Vaccine, TNX-801
Tonix Pharmaceuticals Holding Corp. (TNXP) is a biopharmaceutical company that focuses on developing, discovering, commercializing, and licensing therapeutics to treat and prevent human disease and alleviate suffering.
In the pre-market this morning, the company announced a collaboration with Bilthoven Biologicals to advance TNX-801, Tonix’s mpox vaccine candidate. TNX-801 (recombinant horsepox virus) is a live replicating, attenuated virus vaccine based on horsepox in preclinical development to prevent mpox and smallpox.
BBio is a Netherlands-based end-to-end vaccine manufacturer of viral and bacterial vaccines.
Shares of TNXP traded up over 16% in the pre-market in reaction to the news.
The first targets to the upside are prior resistance at $0.3770, and then the pre-market high at $0.39. Beyond that, $0.4150, $0.45 and $0.4850 come into play.
Below $0.3770, targets to the downside are $0.37, $0.36, $0.35 and then a gap fill at $0.34.
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GLPG – Up over 10% in pre after Ecor1 Capital reported a 9.9% stake in the company
Galapagos NV is a biotechnology company that develops medicines focusing on oncology and immunology primarily in the United States and Europe.
Overnight, Ecor1 Capital reported a 9.9% stake in the company and GLPG is trading up over 10% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $28.89.
Beyond that, targets to the upside are $29.50, $30, $30.60 and then $32.
Below $28.89, targets to the downside are $28.59, $28, $27.50 and then $26.
MARKET NEWS 📰
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