Today's Market Winners and Losers
The stock market is up Friday, with the Dow Jones Industrial Average up 0.65%, the Nasdaq up 0.32% and the S&P 500 up 0.47%. The biggest winners today include a pharmaceutical company with strong clinical trial results and an investment firm getting rid of delinquent loans. The biggest loser is offering $100 million in senior notes to the public.
Here are Tuesday's market winners and loser.
Shares of Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS) are up 31.82% to $3.48 on trading volume of 5.5 million shares. The company on Tuesday reported strong results for its Phase 3 trial vosaroxin, a drug intended for patients with lukemia. The 52-week high is $3.57.
Shares of MGIC Investment Corp. (NYSE: MTG) are up 10.25% to $1.78 on trading volume of 5.6 million shares. The firm announced it had ended primary deliquent inventory of 150,388 loans. The 52-week high is $5.15.
Shares of Sequenon Inc. (NASDAQ: SQNM) are down 9.91% to $3.52 on trading volume of 2.7 million. The company announced a proposed offering of $100 million of convertible senior notes. The 52-week low is $2.65.
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Filed under: 24/7 Wall St. Wire Tagged: MTG, SNSS, SQNM