Stock Market Live Updates 24/08 – SONN Stock Closes Up 47%

As it happens:

Latest21:04
US Markets Close

• Dow Jones  +1.36%   28,309
• S&P 500      +1.05%   3,432
• Nasdaq        +0.60%  11,379

US indexes follow their European counterparts.

Have a good evening all!

20:39
US Market Movers

Here are some of the biggest US stock movers today…

Gainers:

Cancer Genetics +142% – CGIX STOCK SKYROCKETS AFTER STEMONIX MERGER AGREEMENT

American Outdoor Brands +49%

Sonnet Biotherapeutics +48% – Stock up on news of the FDA approving convalescent plasma treatment for COVID-19

Blink Charging +14%

American Airlines +10%

Losers:

Odonate Therapeutics -43%

Smith and Weston Brands  -21%

Vir Biotechnology -18%

Vaxart -11%

 

 

20:01
Crispr Therapeutics

$CRSP

Crispr Therapeutics stock is down 4.78% today at $86.14.

We haven’t seen any specific stock news regarding the company.

17:23
TikTok US Ban

According to the WSJ TikTok will be filing a lawsuit challenging its US ban.

16:39
European Equities Close Higher

• FTSE 100  +1.53%
• DAX  +2.19%
• EURO STOXX 50  +1.92%

European indexes with some healthy gains.

 

15:14
Zoom Stock Down

$ZM

Zoom Video Communications Inc is trading 1.61% lower at $285 after the video conferencing platform went down worldwide.

The company said it has identified an issue and is working on a fix.

15:12
Apple's Share Price

$AAPL

Apple’s share price is trading above $500. It briefly touched $515 before retracing to where it is now trading at $504, +1.31%.

14:22
Moderna EU COVID Vaccine

$MRNA

Moderna has confirmed that they are in advanced discussions with the European Commission to supply Europe with 80 million doses of its COVID-19 vaccine.

The agreement would allow the European Commission to buy up to 160 million total doses.

$MRNA stock is up 1.37% at $67.36, prior to the open in five minutes.

 

13:22
European Equities Update

• FTSE 100  +1.62%
• DAX  +2.27%
• EURO STOXX 50  +1.88%

 

11:50
AstraZeneca Shares Trade Higher

AstraZeneca’s UK-listed shares are trading 3.57% higher at 8738p after reports that Trump wants to fast-track its COVID-19 vaccine before the election.

 

11:46
Spotify, Riot Games Link up

Spotify has inked an exclusive deal with Riot Games to be official audio streaming partners for league of legends esports events.

There is little reaction in its share price, however, $SPOT is currently trading at $270.76, down 0.08% premarket.

10:18
European Stock Gainers

B&S Group  +21%

Powerhouse Energy  +18%

Integumen +14%

Simec Atlantis Energy  +9%

LleidaNetworks Serveis  +7%

7Digital +6%

08:40
European Equities

• FTSE 100                    +1.37%  6,094
• DAX                             +1.44%  12,970
• EURO STOXX 50      +1.35%  3,314

A strong start to the day.

07:40
Morning Preview

Good morning people…

• Markets traded higher overnight in the Asia session with the Nikkei closing at +0.28% and the ASX up 0.30%. The Hang Seng is currently up by 1.67%.
• US President Donald Trump is reportedly looking at fast-tracking the AstraZeneca/Oxford University COVID-19 vaccine before the election.
• In the US the FDA issues the emergency use of convalescent plasma for COVID-19 treatment.
• In FX markets there hasn’t been too much movement in USD pairs, although we are starting to see the USD weaken slightly this morning.
• There is nothing of note on the economic data calendar today.
• Names on the earnings calendar today include Bank of Montreal, Just Energy, Viomi Technologies, and iClick Interactive.