Shares of Tempest Therapeutics (NASDAQ:TPST) closed nearly 4,000% higher Wednesday after the company released updated data from a Phase 1/2 study of its drug TPST-1120 in the first-line treatment of advanced or metastatic hepatocellular carcinoma, a type of liver cancer.
The stock closed at $9.77 after opening at $2.13.
In conjunction with the study update, the...
Peak Resorts, a company responsible for operating ski resorts in the Midwest, Mid-Atlantic, Northeast, United States soars up by 112.75%. This sudden rise has been caused from a company called Vali Resorts NYSE:MTN , in which will acquire Peak Resorts for $11.00 a share.
Peak Resorts is currently trading at 10.85 from the time this has published and is...
Hedge funds are shorting the $VIX again at a near record level. Don't forget what happened last time they did this. It was October 2017.
Non-commercials, who are now at the other extreme, continue to bet that volatility remains suppressed. Last week, they added 7.8k week-over-week to take their net shorts to 177,754 contracts – a new record (Chart 4). The...
