MorphoSys, Nuburu And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded mixed, with the Dow Jones gaining more than 50 points on Wednesday. Here are some big stocks recording gains in today’s session.
  • U.S. stocks traded mixed, with the Dow Jones gaining more than 50 points on Wednesday. Here are some big stocks recording gains in today’s session.
  • Nuburu, Inc. (NYSE:BURU) shares climbed 104% to $5.55 after the company announced it has been selected by the U.S. Department of Defense for a position on the multiple award Indefinite Delivery/Indefinite Quantity contract for high energy laser beams.
  • InflaRx N.V. (NASDAQ:IFRX) shares surged 49.8% to $5.65 on continued upward momentum after the company yesterday announced it received FDA EUA for Gohibic for the treatment of critically ill COVID-19 patients. Today, LifeSci Capital upgraded the stock from Market Perform to Outperform.
  • MorphoSys AG (NASDAQ:MOR) gained 11.1% to $4.42. MorphoSys said it completed enrollment of Phase 3 MANIFEST-2 study of Pelabresib in Myelofibrosis.
  • Lanvin Group Holdings Limited (NYSE:LANV) jumped 8.3% to $5.06.
  • Scilex Holding Company (NASDAQ:SCLX) jumped 7% to $8.48.
  • The Vita Coco Company, Inc. (NASDAQ:COCO) gained 5.6% to $20.70. Craig-Hallum initiated coverage on Vita Coco with a Buy rating and announced a price target of $25.
  • Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) surged 5.4% to $16.98. Calumet Specialty Products Partners recently reported better-than-expected Q4 sales.

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