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Mid-Afternoon Market Update: Dow Gains 75 Points; GW Pharmaceuticals Shares Jump On Acquisition News

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) shares shot up 63% to $7.71 after the company announced a newly-appointed Chief Operating Officer and Chief Technology Officer to spearhead its efforts to enter Bitcoin mining. Shares of GW Pharmaceuticals plc (NASDAQ: GWPH) got a boost, shooting 46% to $212.80 after the company announced it will be acquired by Jazz Pharmaceuticals for $7.2 billion. Tyme Technologies Inc (NASDAQ: TYME) shares were also up, gaining 105% to $3.74 after the company was granted US patent claims covering the use of TYME-19 to treat COVID-19 infections. Equities Trading DOWN Vaxart, Inc. (NASDAQ: VXRT) shares tumbled 59% to $9.65 after reporting that neutralizing antibodies were not detected in volunteers after a single dose of its experimental oral COVID-19 vaccine candidate, VXA-CoV2-1, in a Phase 1 trial of 35 healthy adults.

Mid-Day Market Update: Crude Oil Rises Over 2%; Vaxart Shares Plummet

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) shares shot up 60% to $7.57 after the company announced a newly-appointed Chief Operating Officer and Chief Technology Officer to spearhead its efforts to enter Bitcoin mining. Shares of GW Pharmaceuticals plc (NASDAQ: GWPH) got a boost, shooting 46% to $214.00 after the company announced it will be acquired by Jazz Pharmaceuticals for $7.2 billion. Tyme Technologies Inc (NASDAQ: TYME) shares were also up, gaining 86% to $3.38 after the company was granted US patent claims covering the use of TYME-19 to treat COVID-19 infections. Equities Trading DOWN Vaxart, Inc. (NASDAQ: VXRT) shares tumbled 52% to $11.19 after reporting that neutralizing antibodies were not detected in volunteers after a single dose of its experimental oral COVID-19 vaccine candidate, VXA-CoV2-1, in a Phase 1 trial of 35 healthy adults.

Mid-afternoon market update: Dow gains 75 points; GW Pharmaceuticals (GWPH Stock) shares jump on acquisition news

; Mid-afternoon market update: Dow gains 75 points; GW Pharmaceuticals (GWPH Stock) shares jump on acquisition newsNEWS | 2/3/2021 8:14:08 PM GMT | By Benzinga Team Toward the end of trading Wednesday, the Dow traded up 0.25% to 30,763 while the NASDAQ rose 0.5% to 13,680.71. The S&P also rose, gaining 0.45% to 3,843.70. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 26,436,590 cases with around 446,900 deaths. India confirmed a total of at least 10,777,280 confirmed cases and 154,590 deaths, while Brazil reported over 9,283,410 COVID-19 cases with 226,300 deaths. In total, there were at least 103,972,190 cases of COVID-19 worldwide with over 2,255,490 deaths, according to data compiled by Johns Hopkins University.

Mid-day market update: Crude Oil rises 3%; Immunovant (IMVT Stock) shares plummet

2/2/2021 5:51:13 PM GMT | By Benzinga Team Midway through trading Tuesday, the Dow traded up 2.02% to 30,821.97 while the NASDAQ rose 1.41% to 13,592.22. The S&P also rose, gaining 1.73% to 3,839.07. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 26,322,210 cases with around 443,610 deaths. India confirmed a total of at least 10,766,240 confirmed cases and 154,480 deaths, while Brazil reported over 9,229,320 COVID-19 cases with 225,090 deaths. In total, there were at least 103,499,060 cases of COVID-19 worldwide with over 2,240,720 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors TETRA Technologies, Inc. TTI 29.53%, up 28%, and  Alliance Resource Partners, L.P. ARLP 8.26%, up 11%.

Mid-Day Market Update: Crude Oil Rises 3%; Immunovant Shares Plummet

Mid-Day Market Update: Crude Oil Rises 3%; Immunovant Shares Plummet
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