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Gold Rises Sharply; Lyra Therapeutics Shares Plunge - Atara Biotherapeutics (NASDAQ:ATRA), Day One Biopharmaceutical (NASDAQ:DAWN)
Benzinga· 2026-01-12 17:26
Market Performance - U.S. stocks showed mixed trading, with the Nasdaq Composite gaining over 50 points, while the Dow decreased by 0.19% to 49,411.94, and the S&P 500 rose by 0.04% to 6,969.38 [1] - Consumer staples shares increased by 1%, while financial stocks dipped by 1.1% [1] Commodities - Oil prices fell by 0.7% to $58.72, while gold prices rose by 2.5% to $4,612.70 [5] - Silver increased by 7.1% to $84.970, and copper rose by 1.1% to $5.9655 [5] European Markets - European shares were generally higher, with the eurozone's STOXX 600 gaining 0.21%, Spain's IBEX 35 Index rising 0.12%, and London's FTSE 100 increasing by 0.16% [6] Asian Markets - Asian markets closed higher, with Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite rising 1.09%, and India's BSE Sensex increasing by 0.36% [7] Company Updates - Day One Biopharmaceuticals Inc (NASDAQ:DAWN) shares surged 20% to $10.77, reporting preliminary 2025 OJEMDA net product revenue of $155.4 million, up 172% year over year [9] - Rxsight Inc (NASDAQ:RXST) shares increased by 12% to $9.88, announcing preliminary fourth-quarter revenue of $32.6 million [9] - SunOpta Inc (NASDAQ:STKL) shares rose by 18% to $4.38 after raising its FY2025 sales guidance [9] - Atara Biotherapeutics Inc (NASDAQ:ATRA) shares dropped 53% to $6.41 following an FDA Complete Response Letter citing clinical trial adequacy concerns [9] - Lyra Therapeutics Inc (NASDAQ:LYRA) shares fell 51% to $1.84 after announcing plans to suspend development of its lead product candidate and implement workforce reductions [9] - Lexeo Therapeutics Inc (NASDAQ:LXEO) shares decreased by 28% to $7.60 after announcing interim Phase I/II data for its treatment candidate [9]
Gold Rises Sharply; Lyra Therapeutics Shares Plunge
Benzinga· 2026-01-12 17:26
Market Performance - U.S. stocks showed mixed trading, with the Nasdaq Composite gaining over 50 points, while the Dow decreased by 0.19% to 49,411.94 and the S&P 500 rose by 0.04% to 6,969.38 [1] - Consumer staples shares increased by 1%, while financial stocks dipped by 1.1% [1] Commodities - Oil prices fell by 0.7% to $58.72, while gold prices rose by 2.5% to $4,612.70 [5] - Silver increased by 7.1% to $84.970, and copper rose by 1.1% to $5.9655 [5] European Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.21%, Spain's IBEX 35 Index rising 0.12%, and London's FTSE 100 increasing by 0.16% [6] Asian Markets - Asian markets closed higher, with Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite rising 1.09%, and India's BSE Sensex increasing by 0.36% [7] Company Updates - Day One Biopharmaceuticals Inc (NASDAQ:DAWN) shares surged 20% to $10.77, reporting preliminary 2025 OJEMDA net product revenue of $155.4 million, up 172% year over year [9] - Rxsight Inc (NASDAQ:RXST) shares increased by 12% to $9.88, announcing preliminary fourth-quarter revenue of $32.6 million [9] - SunOpta Inc (NASDAQ:STKL) shares rose by 18% to $4.38 after raising its FY2025 sales guidance [9] - Atara Biotherapeutics Inc (NASDAQ:ATRA) shares dropped 53% to $6.41 following an FDA Complete Response Letter citing clinical trial adequacy concerns [9] - Lyra Therapeutics Inc (NASDAQ:LYRA) shares fell 51% to $1.84 after announcing plans to suspend development of its lead product candidate and implement workforce reductions [9] - Lexeo Therapeutics Inc (NASDAQ:LXEO) shares decreased by 28% to $7.60 after announcing interim Phase I/II data for LX2020 [9]
US Stocks Lower; Dow Tumbles Over 250 Points - Atara Biotherapeutics (NASDAQ:ATRA), Envirotech Vehicles (NASDAQ:EVTV)
Benzinga· 2026-01-12 14:48
Market Overview - U.S. stocks traded lower, with the Dow Jones index falling more than 250 points, down 0.61% to 49,202.71. The NASDAQ declined 0.10% to 23,647.92, and the S&P 500 dropped 0.21% to 6,951.34 [1] - Financial stocks dipped by 1% on Monday [2] Sector Performance - Consumer staples shares gained by 0.6% on Monday [1] Commodities - Oil traded down 0.3% to $58.95, while gold increased by 2.3% to $4,605.90. Silver rose 6.5% to $84.485, and copper increased by 1% to $5.9605 [5] International Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.1%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 gained 0.1%, Germany's DAX rose 0.4%, and France's CAC 40 increased by 0.1% [6] - Asian markets closed higher, with Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite rising 1.09%, and India's BSE Sensex increasing by 0.36% [7] Company News - Envirotech Vehicles Inc (NASDAQ:EVTV) shares surged 155% to $1.18. Ping An Biomedical Co Ltd (NASDAQ:PASW) shares rose 45% to $0.29 after a previous dip of 68% on Friday. Sound Group Inc – ADR (NASDAQ:SOGP) shares also gained 45% to $17.00 [10] - Atara Biotherapeutics Inc (NASDAQ:ATRA) shares dropped 54% to $6.24 after receiving an FDA Complete Response Letter for EBVALLO BLA, citing clinical trial adequacy concerns. Lyra Therapeutics Inc (NASDAQ:LYRA) shares fell 51% to $1.83 due to plans to suspend development of LYR-210 and implement workforce reductions affecting 28 employees. NovaBay Pharmaceuticals Inc (NYSE:NBY) was down 29% to $13.69 [10] Economic Reports - No major economic reports are scheduled for release today [8]