Why STAAR Surgical Shares Are Trading Higher By Around 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Source: Business Insider
- STAAR Surgical Company Stock: STAAR Surgical Company's stock (NASDAQ:STAA) surged after issuing strong preliminary first-quarter net sales guidance.
- Gainers: Several other stocks experienced significant gains in the mid-day session, including TC Biopharm, Allurion Technologies, and Tevogen Bio Holdings among others.
- Losers: On the flip side, some stocks like eFFECTOR Therapeutics, Keyarch Acquisition Corporation, and View, Inc. faced notable declines.
- Bitcoin Price Surge: Bitcoin's price surpassed $66,000 following positive jobless claims data.
- Ethena Top Gainer: Ethena emerged as a top gainer in the market.
Analyst Views on NVX
About NVX
NOVONIX Limited is a battery materials and technology company. The Company manufactures battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. The Company's segments include Battery Materials and Battery Technology. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services and carries out research and development in battery development (inclusive of cathode technology). The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America. The Company's battery technology solutions include battery testing equipment and research and development services. It provides ultra-high precision coulometry systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
