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Day: November 10, 2020
Market Activity

Aptevo Therapeutics (APVO) Stock on a roll after Tang Capital Partners Discloses 54.40% Stake in APVO

Aptevo stock is trading in its highest range since Oct. 2018 as the biotech firm updates on completeremission of APVO436 while Tang discloses its stake in the company. The clinical-stage biotech firm, Aptevo Therapeutics Inc. (APVO) shares are on a roll from the start of this month and currently trading at its highest price range since Oct. 2018. Entering into November 2020, the stock market seems to ease the burden of pandemic and with the news of virus vaccine on the line, stocks are eyeing for a bullish run. On Monday, APVO stock surged up to 38.14% to $32.74 at the
Stock Investing

DraftKings Inc. (DKNG) Will Further Benefitted From Legalization of Sport Betting In Some More US States

The U.S. digital sports entertainment and gaming company, DraftKings Inc. (DKNG) was down -1.94% on Monday to close trading at $41.50. But the company’s shares rose +16.18% over the past week following reports of the legalization of sports betting in several other US states. Stocks of the online sports betting and fantasy sports matchmaking company are up 57.97% while the performance significantly increases to a rise of 287.85% from year to date. In the coming months, the states of Louisiana, South Dakota and Maryland will authorize their people to bet on sporting events. DraftKings will be one of the winners
Trading Signals

8×8 Inc (EGHT) – Quarterly Results And An Agreement With Mediterranean Shipping

Communications business solutions provider 8×8 Inc. (EGHT) posted quarterly results and revenue growth at the end of October. Investors responded positively to the news, and stocks, adding more than 12 percent over the month, returned to growth. Although on November 9, EGHT stock dropped by -1.18% to $18.48 but was up 6.82% in over the week trading while that raise to 15.79% over a quarter. During the mass shift of Americans to remote work due to COVID-19, the communication solutions provider has become particularly common. Furthermore, due to the cancellation of many conventional presentations and conferences, the market for connectivity
Equity News

General Electric (GE) Stock Rallies on GE Healthcare Collaboration with GenesisCare

GE Healthcare multi-year strategic partnership is valued at $130 million which includes clinical education and services, imaging technologies, and digital solutions. The stock market is driving towards bullish momentum after the potential COVID-19 vaccine obtaining 90% of completion in final stage trials. However, General Electric Company (GE) stock is rallying with a major update in-store. Shares of GE stock rallied over 10% in the premarket today partially driven by vaccine news, and also by GE Healthcare partnership with GenesisCare. This multiyear collaboration will be based on improving patient outcomes suffering from heart disease and cancer. GE Stock started the day

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