Getty Images (NYSE:GETY) stock is rising higher on Monday despite a lack of news concerning the company today. Instead, it looks like speculative meme stock traders are behind the rise in price for GETY stock. Evidence of that includes the fact that more than 7 million shares have changed hands as of this writing. Without any news to speak of, this heavy trading is likely a sign of retail traders buying shares. Companies that have been of interest to traders lately include those that went public through special purpose acquisition company (SPAC) mergers. Getty Images fits this description; its shares went public earlier this year via a SPAC.
Perfect (NYSE:PERF) stock is taking off on Monday as investors pump shares higher on their first day of trading. Perfect and Provident Acquisition only recently completed their special purpose acquisition company (SPAC) merger with PERF shares making their public debut today. Shares trade on the New York Stock Exchange under the “PERF” ticker with warrants trading under the “PERF WS” ticker.
Actinium Pharmaceuticals (NYSEMKT:ATNM) stock is gaining on Monday after posting positive results from a Phase 3 clinical trial. The point of this clinical trial was to determine the effectiveness of Iomab-B in treating patients suffering from “Elderly Relapsed or Refractory AML.” The good news for ATNM stock is that the trial met its primary endpoint. Specifically, this saw Iomab-B achieve “durable complete remission or dCR of 6 months post initial remission” following a bone marrow transplant. Actinium Pharmaceuticals says it will share additional data from the trial by the end of the year.