Altimmune, GH Research, Gyre Therapeutics And Other Big Stocks Moving Higher On Monday
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U.S. stocks rose significantly on Monday, with the Dow Jones gaining over 500 points. Notable stock movements included Altimmune Inc, which surged 23.6% after receiving FDA Breakthrough Therapy Designation for Pemvidutide. GH Research PLC gained 33.8% following the lifting of a clinical hold by the FDA. Other significant gainers included Vicor Corp (+20.7%), Critical Metals Corp (+19.6%), and Kosmos Energy Ltd (+19.3%). Rayonier Advanced Materials appointed a new CEO, while Gyre Therapeutics announced alignment with China's CDE for hydronidone approval. Overall, many stocks in the U.S. energy sector also saw increases.
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