BioNTech SE - ADR (NASDAQ: BNTX) shares are trading higher in sympathy with Moderna Inc (NASDAQ: MRNA), which reported better-than-expected second-quarter results.
Kintara Therapeutics Inc (NASDAQ: KTRA) shares are trading higher by 76.8% to $0.31 Wednesday morning after the company entered into an equity purchase agreement with Lincoln Park Capital for up to $20 million.
What Happened?
NeuroOne Medical Technologies Corp (NASDAQ: NMTC) shares are trading higher by 25.4% to $1.51 Wednesday morning after the company announced a $3.5 million accelerated milestone payment from Zimmer Biomet.
Ping Identity Holding Corp (NYSE: PING) shares are trading higher by 60.3% to $28.00 Wednesday morning after the company announced it will be acquired by Thoma Bravo for $28.50 per share in cash.
What Happened?
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What Are FAANG Stocks?
The term FAANG stocks refers to five of the most popular tech stocks traded on the NASDAQ.
PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher by 1.50% to $89.90 Tuesday afternoon, The stock is possibly trading higher in anticipation of the company's second-quarter earnings announcement which is scheduled for after the market close today.
Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading higher by 2.88% to $99.57 Tuesday afternoon, possibly in anticipation of the company's second-quarter earnings announcement which is scheduled for after the market close today.
Plug Power Inc (NASDAQ: PLUG) shares are trading higher by 6.71% to $22.66 during Tuesday's trading session as clean energy stocks continue to gain amid U.S. energy policy optimism.
Lincoln Educational Services Corp (NASDAQ: LINC) shares are trading higher by 5.34% to $7.70 Tuesday morning after the company signed an agreement with Tesla, Inc. (NASDAQ: TSLA) to train EV technicians.