Absci (ABSI) shares were up roughly 18% in Thursday trading after Leerink Partners initiated coverage of the stock with an outperform rating and $12 price target.
Intraday trading volume stood at more than 6.2 million shares, against a daily average of roughly 4.7 million shares.
Price: $7.02, Change: $+1.08, Percent Change: +18.18%
Essent (ESNT) shares rose 2.2% in Thursday afternoon trading after Keefe, Bruyette & Woods upgraded the stock to outperform from market perform.Trading volume for the stock stood at 318,712 shares against the daily average of 700,792 shares.Price: $57.06, Change: $+1.22, Percent Change: +2.18%
RTX (RTX) shares were up over 3% in Thursday trading after Jefferies upgraded its rating on the company's stock to buy from hold and adjusted its price target to $220 from $210.Trading volume stood at about 2.3 million shares against a daily average of roughly 5.4 million.Price: $178.11, Change: $+5.56, Percent Change: +3.22%
Broadcom's (AVGO) decision not to upgrade its 2027 artificial intelligence guidance apparently disappointed investors, especially as the chip designer reported strong semiconductor demand, UBS Securities said in a client note sent Thursday.Shares dropped 13%, with intraday trading volume rising to more than 62.1 million from the stock's daily average of about 24.4 million.ADC Therapeutics (ADCT) shares sank 55% amid heavy trading after RBC downgraded the company's stock rating and lowered its price target to $2 from $6, following new late-stage trial data for the company's lymphoma therapy Zynlonta.More than 9.1 million shares of the company traded intraday compared with a daily average of about 990,000.Xos (XOS) has announced a registered direct offering of about 1.09 million common shares at $5.50 per share, for gross proceeds of about $6 million, the company said Thursday.Shares sank 26% following an increase in intraday trading volume to over 10.8 million from a daily average of about 2.24 million.Price: $417.61, Change: $-61.62, Percent Change: -12.86%