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$IOVA Iovance Biotherapeutics soared nearly 27% as traders and institutions digested a flurry of analyst updates despite a sharp drop in average 12-month price targets from $22.14 to $13.43. The recent updates show a wide range of sentiment, with Chardan Capital maintaining a $25 target while UBS slashed its view to $2. This volatility reflects uncertainty around Iovance pipeline and cash runway but has pulled momentum traders into the name. The surge in volume to over 108 million shares, far above the 15 million average, indicates heavy speculative interest fueled by potential binary outcomes in the company cell therapy pipeline and price discovery in light of new targets.
$HUMA Humacyte jumped 19% after news broke that it sold its Symvess product to a military treatment facility, igniting optimism around its regenerative medicine potential. This contract highlights the company’s positioning for niche but high-need government healthcare opportunities, providing a credibility boost that smaller biotechs often struggle to secure.
$LUNR Intuitive Machines rallied 18.5%, continuing its 33% monthly uptrend, even as BofA lowered its price target to $10.50 from $16 while maintaining an underperform rating. The driver? Policy shifts that could ease regulations for lunar missions, potentially lowering launch costs and increasing launch frequency for LUNR lunar landers.
$DALN DallasNews Corporation surged over 17% after confirming it received an unsolicited, non-binding acquisition proposal from MNG Enterprises, topping Hearst’s prior offer. M&A activity is often a catalyst for sustained upside in small-cap names, and the competitive bidding signals market confidence in DALN’s strategic value and potential synergies under new ownership.
$TTGT TechTarget climbed 17% after posting its first-half results, sparking renewed interest in the digital media and lead generation player. Investors appear to be focusing on stability in its recurring revenue base and potential for margin expansion as digital marketing budgets recover.
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