The stock market is up Friday, with the Dow Jones Industrial Average up 0.65%, the Nasdaq up 0.32% and the S&P 500 up 0.47%. The biggest winners today include a pharmaceutical company with strong clinical trial results and an investment firm getting rid of delinquent loans. The biggest loser is offering $100 million in senior notes to the public.
Here are Tuesday’s market winners and loser.
Biggest Winners
Shares of Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS) are up 31.82% to $3.48 on trading volume of 5.5 million shares. The company on Tuesday reported strong results for its Phase 3 trial vosaroxin, a drug intended for patients with lukemia. The 52-week high is $3.57.
Shares of MGIC Investment Corp. (NYSE: MTG) are up 10.25% to $1.78 on trading volume of 5.6 million shares. The firm announced it had ended primary deliquent inventory of 150,388 loans. The 52-week high is $5.15.
Biggest Loser
Shares of Sequenon Inc. (NASDAQ: SQNM) are down 9.91% to $3.52 on trading volume of 2.7 million. The company announced a proposed offering of $100 million of convertible senior notes. The 52-week low is $2.65.
Samuel Weigley
Follow him on Twitter: SWeigley
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
