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Here are some of our top movers today. “Trade the Fed” LIVE today with Jeff Bishop & Jason Bond @2pm EST? must be in Mission to Million to take part. Super sale ends today?. Be the best prepared trader on the Street!
FOCUS LIST?
BDRX – Up over 45% in the pre-market after announcing it is on track to initiate its funded Phase 3 trial in FAP next quarter
XHLD – Up over 40% in pre after announcing $1million stock repurchase program yesterday
BDTX – Up over 29% in pre after announcing a global licensing agreement with Servier for BDTX-4933, a targeted oncology therapy
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HOTLIST?
BDRX – Up over 45% in the pre-market after announcing it is on track to initiate its funded Phase 3 trial in FAP next quarter
Biodexa Pharmaceuticals Plc (BDRX) is a clinical stage biopharmaceutical company that focuses on developing a pipeline of products for the treatment of Type 1 diabetes and rare/orphan cancers of the brain.
In the pre-market this morning, the company announced it is making progress in readying the launch of a phase 3 trial for eRapa, its proprietary encapsulated form of rapamycin being developed for the treatment of familial adenomatous polyposis (FAP).
In just the last few weeks, Biodexa received Fast Track designation from the FDA, conducted a successful Type C (pre-Phase 3 protocol finalization) meeting with the FDA and appointed a clinical research organization (CRO) to conduct the European component of its registrational Phase 3 trial. A CRO for the U.S. component was appointed earlier.
Shares of BDRX traded up over 45% in the pre-market in reaction to the update.
The first target for bulls is the pre-market high at $3.32.
Beyond that, $3.50, $4, $4.20, $4.75 and $5.05 come into play.
Below $3.32, targets to the downside are $3, $2.80, $2.40, $2.25 and then a gap fill at $2.02.
XHLD – Up over 40% in pre after announcing $1million stock repurchase program yesterday
TEN Holdings Inc. (XHLD) provides event, production, and broadcasting services in the United States. The company organize virtual, hybrid, and physical events for conferences, marketing events, product launches, training, and investor and shareholder meetings.
Yesterday after-noon, the company announced that its board of directors (the “Board of Directors”) has authorized a stock repurchase program, effective March 17, 2025. Under the program, the Company may, from time to time, repurchase up to $1 million worth of its outstanding shares of common stock with an evergreen term.
After closing yesterday up over 17%, XHLD traded up over 40% in the pre-market this morning in reaction to the news.
The $0.7411 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $0.80, $0.85, $0.90 and then the pre-market high at $0.95. Beyond that, $1, $1.10, $1.20, $1.30 and $1.38 come into play.
Below $0.7411, targets to the downside are $0.70, $0.65, $0.60, $0.55 and then $0.50.
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BDTX – Up over 29% in pre after announcing a global licensing agreement with Servier for BDTX-4933, a targeted oncology therapy
Black Diamond Therapeutics Inc. (BDTX) is a clinical-stage oncology medicine company that focuses on the discovery and development of MasterKey therapies for patients with genetically defined tumors.
In the pre-market this morning, the company announced a strategic worldwide licensing agreement for BDTX-4933, a potential best-in-class targeted therapy for solid tumors.
Under this global agreement, Servier will develop and commercialize BDTX-4933, a small molecule designed by Black Diamond Therapeutics to address unmet medical needs in RAF/RAS-mutant solid tumors.
Under the terms of the agreement, Servier will lead the development activities and the worldwide commercialization of BDTX-4933 across multiple indications, including non-small cell lung cancer (NSCLC), with potential applications in other solid tumors. Black Diamond Therapeutics will receive an upfront payment of $70 million and will be eligible to receive up to $710 million in development and commercial sales milestone payments, along with tiered royalties based on global net sales.
Based on yesterday’s closed, BDTX had a market cap of $95 million according to Finviz.
BDTX traded up over 29% in the pre-market in reaction to the news.
The $2.05 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $2.30 and then the pre-market high at $2.43. Beyond that, $2.60, $2.80, $3 and $3.40 come into play.
Below $2.05, targets to the downside are $1.98, $1.80 and then a gap fill at $1.68.
MARKET NEWS ?
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