Mid Cap Gainers: RKLB, ADGI, PD
3:36 pm Friday, September 03rd, 2021
Vector Acquisition Corp (NASDAQ:RKLB) continued strength; the stock has now advanced by approx. +38% through the most recent two sessions. Co announced on Wednesday that construction is underway on a new high volume reaction wheel production facility.
Adagio Therapeutics Inc (NASDAQ:ADGI) – the August IPO breaks out to new record highs. Adagio Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of antibody-based solutions for infectious diseases in the United States. Its lead product candidate is the ADG20, a neutralizing antibody that is in Phase II/III clinical trials for the treatment and prevention of coronavirus disease.
Pagerduty Inc (NYSE:PD) posted upside Q2 EPS and revs while issuing in-line EPS guidance for Q3 and FY22 and upside revs guidance for both periods. Co’s customer base as of July 31 totaled almost 18,000 companies; accelerating demand for co’s new Automation offering and its comprehensive Digital Operations plan drove top-line growth. Price target raised at various firms, including to $66 at Monness Crespi & Hardt.
