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US Stocks Mixed; NY Manufacturing Activity Dips In December
Benzinga· 2025-12-15 15:02
Market Overview - U.S. stocks showed mixed performance with the Dow Jones index increasing by approximately 0.1% to 48,502.84, while the NASDAQ decreased by 0.03% to 23,187.60, and the S&P 500 rose by 0.13% to 6,836.56 [1] Sector Performance - Health care shares experienced a rise of 1% on Monday, indicating strong performance in that sector [1] - Conversely, energy stocks fell by 1% during the same trading session [1] Economic Indicators - The NY Empire State Manufacturing Index dropped to -3.9 in December, a significant decline from the previous month's one-year high of 18.7, and it fell short of market expectations of 10 [2][7] Commodity Market - In commodity trading, oil prices decreased by 0.6% to $57.08, while gold prices increased by 0.9% to $4,366.60. Silver saw a rise of 3% to $63.850, and copper prices rose by 1.9% to $5.4595 [4] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 gaining 0.8%. Spain's IBEX 35 Index rose by 1%, London's FTSE 100 jumped by 1%, Germany's DAX 40 increased by 0.4%, and France's CAC 40 gained 1.1% [5] Asian Market Performance - Asian markets closed lower, with Japan's Nikkei falling by 1.31%, Hong Kong's Hang Seng dipping by 1.34%, China's Shanghai Composite declining by 0.55%, and India's BSE Sensex falling by 0.06% [6] Company-Specific Movements - 3 E Network Technology Group Ltd (NASDAQ:MASK) shares surged by 88% to $0.57 after signing a master services agreement for an AI data center in Finland [9] - AlphaVest Acquisition Corp (NASDAQ:AMCI) shares increased by 31% to $10.30 [9] - Artiva Biotherapeutics Inc (NASDAQ:ARTV) shares rose by 32% to $4.34 following positive initial safety data for AlloNK® in autoimmune disease [9] - iRobot Corp (NASDAQ:IRBT) shares plummeted by 69% to $1.36 after filing for Chapter 11 bankruptcy [9] - CCH Holdings Ltd (NASDAQ:CCHH) shares fell by 68% to $0.85 [9] - Momentus Inc (NASDAQ:MNTS) shares decreased by 36% to $0.54 after announcing a 1-for-17.85 reverse split [9]
Recent Market Trends and Notable Price Changes in Companies
Financial Modeling Prep· 2025-10-17 22:00
Company Developments - Rani Therapeutics Holdings, Inc. (RANI) experienced a significant price increase of 303.48% to $1.9, attributed to a licensing agreement with Chugai Pharmaceutical potentially worth up to $1.09 billion, involving an oral drug and possibly extending to five drugs [1][7] - Artiva Biotherapeutics, Inc. (ARTV) saw a 148.74% rise to $6.89, linked to the FDA granting Fast Track Designation for its AlloNK® development targeting refractory rheumatoid arthritis, with promising trial results showing consistent B-cell depletion and favorable safety profiles [2][7] - Sunshine Biopharma, Inc. (SBFMW) had a 71.22% increase to $0.29, driven by investor optimism regarding potential breakthroughs in its anticancer research [3][7] - NextPlat Corp (NXPLW) rose by 55.52% to $0.1, possibly reflecting new contracts or technological advancements in mobile satellite services, with expansion into new markets impacting its business model and revenue streams [4] - XORTX Therapeutics Inc. (XRTX) experienced a 52.35% increase to $1.29, due to acquiring a renal anti-fibrotic therapeutic program from Vectus Biosystems, enhancing its clinical programs [5] Market Trends - Recent market trends indicate notable price changes among several companies, reflecting various factors driving investor interest, underscoring the dynamic nature of the stock market [6]
Artiva Biotherapeutics Appoints Subhashis Banerjee, M.D., as Chief Medical Officer
Globenewswire· 2025-04-08 20:05
Core Insights - Artiva Biotherapeutics has appointed Dr. Subhashis Banerjee as Chief Medical Officer, enhancing its development team focused on autoimmune diseases and cell therapy [1][2] - Dr. Banerjee has over 20 years of clinical development experience, previously holding significant roles at Bristol Myers Squibb and VYNE Therapeutics [1][2] - The company aims to advance its AlloNK® program for treating B-cell driven autoimmune diseases, leveraging Dr. Banerjee's expertise in regulatory approval of major therapies [2][5] Company Overview - Artiva Biotherapeutics is a clinical-stage biotechnology company dedicated to developing safe and effective cell therapies for autoimmune diseases and cancers [5][6] - The lead program, AlloNK®, is a non-genetically modified NK cell therapy designed to enhance the efficacy of monoclonal antibodies for B-cell depletion [5] - Artiva was founded in 2019 as a spin-out from GC Cell, holding exclusive rights to NK cell manufacturing technology outside of Asia, Australia, and New Zealand [5] Recent Appointments - Dr. David Moriarty has been appointed as SVP of Clinical Operations, bringing nearly 25 years of experience in clinical research related to cell therapy and autoimmune diseases [3][4] - Benjamin Dewees has joined as SVP of Regulatory Affairs, with over 25 years of experience in regulatory affairs across various therapeutic areas [9] - Feng Xu has been appointed as SVP of Biometrics, contributing over 20 years of clinical development experience, including successful global regulatory filings [9]