Double Digit NASDAQ Stock Winners: ADXS, ACST, ARPO, BBIG
12:01 pm Thursday, May 20th, 2021
Following were major stock gainers on Nasdaq in Wednesday’s trading session:
Advaxis, Inc. (NASDAQ:ADXS) was the active stock gainer on Wednesday. The stock soared 18.65% to close at $0.58 after hitting a high of $0.76. The company announced updated data from the Company’s ongoing Phase 1/2 study evaluating ADXS-503 in combination with KEYTRUDA® which will be presented as a poster at the American Society of Clinical Oncology (ASCO) 2021 Annual Meeting.
Acasti Pharma Inc (NASDAQ:ACST) was another notable winner as the stock went up 18% to close at $0.54. The stock saw a total volume of 51.40 million shares, well above its average volume of 14.30 million shares. Earlier this week, announced that, on May 11, 2021, the Company received notice from the Nasdaq Listing Qualifications Department indicating that, based upon the Company’s non-compliance with the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a) (the “Rule”) as of May 10, 2021, the Company’s securities were subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel.
Aerpio Pharmaceuticals Inc (NASDAQ:ARPO) went up another 12.69% on Wednesday, extending its weekly gains to over 90%. Following the proposed merger, the new entity will operate under the Aadi Bioscience moniker and focus on advancing Aadi’s lead product candidate, Fyarrotm (sirolimus albumin-bound nanoparticles for injectable suspension; nab-sirolimus; ABI-009).Aerpio has entered into PIPE financing of $155 million led by Acuta Capital Partners, KVP Capital, and other institutional investors.
Vinco Ventures Inc (NASDAQ:BBIG) moved up over 12% to close at $2.95 after the company announced that its subsidiary, Emmersive Entertainment, is set to release an exclusive NFT from superstar rapper, singer, songwriter and record producer Tory Lanez.
