& Morning Brew
Good day, 360!
Here are some of our top movers today. And don’t forget to join us in Market Masters – the hottest trading room around 🔥. Be the best prepared trader on the Street!
FOCUS LIST🔎
PLRZ – Up over 200% in the pre-market after announcing it’s moving forward with expected 2025 clinical trial – entered manufacturing agreement for its PL-14 allergy blocker
CGTX – Up over 70% in the pre-market after announcing positive results in Phase 2 study of CT1812 in dementia with Lewy Bodies
OKLO – Up over 10% in pre after announcing partnership with Switch to form landmark strategic relationship to deploy 12 gigawatts of advanced nuclear power, one of the largest corporate clean power agreements ever signed
*sponsored by Klondike Royalties
Are oil & gas royalties right for you?
Klondike Royalties invites you to own a stake in the North Block of Alaska’s Kitchen Lights Unit, with an estimated 300 million barrels of recoverable reserves. Our royalty-based model offers potential for steady returns without the complexities of direct asset ownership.
HOTLIST🔥
PLRZ – Up over 200% in the pre-market after announcing it’s moving forward with expected 2025 clinical trial – entered manufacturing agreement for its PL-14 allergy blocker
Polyrizon Ltd. (PLRZ) is a biotech company that engages in the development of medical device hydrogels in the form of nasal sprays in Israel.
In the pre-market this morning, the company announced that it entered into a manufacturing agreement with Eurofins CDMO Amatsiaquitaine S.A.S, a leading European-based Good Manufacturing Practice (GMP) manufacturer. This collaboration will supply Clinical Trial Material (CTM) for Polyrizon’s PL-14 allergy blocker, in preparation for a clinical trial that is expected to commence in 2025.
The EU-based GMP manufacturer has large-scale commercial production capabilities, to support Polyrizon in future commercialization efforts.
Shares of PLRZ traded up 200% in the pre-market in reaction to the news.
The $2.90 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $3.20, $3.50, $3.89 and then the pre-market high at $4.15. Beyond that is blue sky all-time highs.
Below $2.90, targets to the downside are $2.30, $2.10, $1.80, $1.40 and then a gap fill at $1.05.
CGTX – Up over 70% in the pre-market after announcing positive results in Phase 2 study of CT1812 in dementia with Lewy Bodies
Cognition Therapeutics Inc. (CGTX) is a clinical-stage biopharmaceutical company that engages in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina.
In the pre-market this morning the company announced topline results from the exploratory Phase 2 ‘SHIMMER’ study demonstrating CT1812 produced strong therapeutic responses across behavioral, functional, cognitive, and movement measures in patients with dementia with Lewy bodies (DLB).
Highlights from the study include:
– Improvements Across Measures of Behavior, Function, Cognition and Movement –
– Expediting Plans to Advance CT1812 into Late-Stage Trials –
– Full Results to be Presented at International Lewy Body Dementia Conference (ILBDC) –
Shares of CGTX traded up over 70% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $1.24. Above that, targets to the upside are a gap fill at $1.33, $1.70, $2 and $2.54.
Below $1.24, targets to the downside are $1.10, $1, $0.90, $0.70, $0.60, $0.50 and then a gap fill at $0.4549.
*Sponsored by Morning Brew
Here’s Why Over 4 Million Professionals Read Morning Brew
-
Business news explained in plain English
-
Straight facts, zero fluff, & plenty of puns
-
100% free
OKLO – Up over 10% in pre after announcing partnership with Switch to form landmark strategic relationship to deploy 12 gigawatts of advanced nuclear power, one of the largest corporate clean power agreements ever signed
Oklo Inc. (OKLO) designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States.
In the pre-market this morning, the company announced a partnership with Switch, a premier provider of AI, cloud and enterprise data centers. The two companies have signed a non-binding Master Power Agreement (“Master Agreement”) to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044.
This is one of the largest corporate clean power agreements ever signed. The Master Agreement establishes a framework for collaboration, with the expectation that individual binding agreements will be finalized as project milestones are reached.
Shares of OKLO traded up over 10% in the pre-market in reaction to the news.
The $21.10 area acted as support in the pre-market and will be an important level to watch.
Above it, targets to the upside are $21.50 and then the pre-market high at $21.87. Beyond that $22.50, $23 and $24 come into play.
Below $21.10, targets to the downside are $20.70, $20.50, $20.20. $20, $19.67 and then a gap fill at $19.10.
MARKET NEWS 📰
P.S. Make sure you text “RAGE” to (888) 404-5747 to get all of our latest HOT STOCK ideas
DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.