Medical Stocks To Consider: Galectin Therapeutics Inc.(NASDAQ:GALT), Dynavax Technologies Corporation(NASDAQ:DVAX), and Cannabis Science Inc.(OTCMKTS:CBIS)
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Galectin Therapeutics Inc.(NASDAQ:GALT) enjoyed a 22.71% boost in value as the stock gained $1.14 to move to a new closing price of $6.16. Nevertheless, the stock’s value is than a third of its 52 week trading high of $19.11. Galectin Therapeutics, Inc.(NASDAQ:GALT) is currently facing a lawsuit from shareholders regarding possible violations of Federal Securities Laws. As a result of the lawsuit, the stock’s trading volume has spiked to a figure of 1,938,222, which is significantly higher than its three month average of 691,589.
Dynavax Technologies Corporation(NASDAQ:DVAX) fell three cents to finish the day at a closing price of $1.42. The California-based clinical-stage biopharmaceutical company has not published a press release since the company reported its second quarter financial results on Aug. 7th. Nevertheless, Dynavax Technologies Corporation(NASDAQ:DVAX) remains a relatively active stock with its trading volume just slightly below its three month average. The stock, which has traded within a range of $1.10 to $2.14 over the past 52 weeks, regained one cent during after-hours trading.
Cannabis Science Inc(OTCMKTS:CBIS) suffered a 2.11% loss in value as the stock lost $0.0016 to fall to a closing price of $0.0744. The Colorado-based phytocannabinoid-based pharmaceutical products developer has closed within a range of $0.0720 to $0.1260 over the past three months. On Aug. 26th, Cannabis Science Inc(OTCMKTS:CBIS) provided updated guidance for its canabis cultivation programs in Europe and North America. The company also recently announced it was in final negotiations to acquire a company from British Columbia.
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