Madrigal Pharmaceuticals, Cerevel Therapeutics And Some Other Big Stocks Moving Higher On Monday

Author: Lisa Levin | December 19, 2022 11:49am

U.S. stocks traded mixed, with the Nasdaq Composite dropping around 90 points on Monday. Here are some big stocks recording gains in today’s session.

• Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) shares climbed 259% to $229.35 after the company announced resmetirom achieved both primary endpoints in NASH and liver fibrosis trial.
• Viking Therapeutics, Inc. (NASDAQ:VKTX) shares surged 61% to $6.48 in sympathy with Madrigal Pharmaceuticals which announced a successful trial for liver fibrosis.
• Cerevel Therapeutics Holdings, Inc. (NASDAQ:CERE) rose 24% to $31.53 after the company said its Emraclidine Ambulatory Blood Pressuring Monitoring Trial did not cause an increase in blood pressure.
• CI&T Inc (NYSE:CINT) rose 12.8% to $5.89. CI&T said that it has become an Amazon Web Services (AWS) Advanced Tier Services Partner within the AWS Partner Network.
• Reading International, Inc. (NASDAQ:RDIB) gained 10.2% to $19.77.
• Summit Therapeutics Inc. (NASDAQ:SMMT) gained 10% to $3.9699.
• Youdao, Inc. (NYSE:DAO) jumped 9.1% to $5.68.
• Perfect Corp. (NYSE:PERF) gained 8.4% to $7.10.
• TDCX Inc. (NYSE:TDCX) surged 8.3% to $12.12.
• Empire State Realty OP, L.P. (NYSE:ESBA) rose 7.4% to $6.66.
• Amyris, Inc. (NASDAQ:AMRS) gained 6.8% to $2.1122 amid the company announcing an amended loan agreement and the purchase of Aprinnova shares for $49M.

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Posted In: AMRS CERE CINT DAO ESBA MDGL PERF RDIB SMMT TDCX VKTX