Stocks making the biggest moves on September 14, 2021.
NNVC – Nanoviricides shares are trading higher after the company announced it completed the process of licensing the human Coronavirus field for drug development and commercialization from TheraCour Pharma, Inc.
NNVC is up 30% ($5.20) during the time of this publication.
JCS – “The company’s board of directors has declared a special dividend of $3.50 per share payable on October 15, 2021, to CSI shareholders of record at the close of business on September 30, 2021. And the aggregate amount of the special dividend is approximately $34 million to be funded from the net proceeds of the sale of CSI’s Transition Networks and Net2Edge businesses — which comprised substantially all of the assets of the company’s Electronics & Software Segment to Lantronix that closed on August 2, 2021, and CSI’s existing cash on hand.”
JCS stock is up 30% ($8.50) by the time of this publication.
LIFE – aTyr Pharma, is up 30% ($11.75) by the time of this publication. The stock was up 60% yesterday with the news of clinical trial and the stock is showing bullish sentiment. Analyst increase the price target to $20 per share.
SDC – Smile Direct Club is moving higher today due to the higher short interest. The stock is up 6% ($6.37) by the time of this publication.
JMIA – Jumia is up 3% ($20.35) with the news of “(NYSE:JMIA)(“Jumia”), the leading pan-African e-commerce platform, announces that Jeremy Hodara, co-Chief Executive Officer of Jumia has informed the company of the purchase, using personal funds, of 50,000 Jumia ADS on the open market at prevailing market price. The purchase was completed on September 13, 2021, in accordance with applicable securities laws, rules and regulations promulgated thereunder.”