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Stock impact report

Why Celldex Therapeutics Inc. Shares Jumped on Wednesday [The Motley Fool]

Celldex Therapeutics, Inc. (CLDX) 
Last celldex therapeutics, inc. earnings: 11/12 08:01 am Check Earnings Report
US:NASDAQ Investor Relations: ir.celldex.com
Company Research Source: The Motley Fool
A big gain on no news for this clinical-stage biotech. Keith Speights ( TMFFishBiz ) Aug 23, 2018 at 3:03PM What happened Shares of Celldex Therapeutics Inc. ( NASDAQ:CLDX ) closed 13.6% higher on Wednesday. There wasn't any obvious news related to the biotech that served as a catalyst for the stock. Why did Celldex enjoy such a nice bump? Volatility -- both positive and negative -- is commonplace for clinical-stage biotech stocks. A swing of just a few cents makes a big percentage difference for micro-cap stocks like Celldex.  So what It's tempting to begin speculating on why investor interest in Celldex spiked on Wednesday. Did positive news leak out about progress on a clinical trial? Is a big company interesting in partnering with Celldex? There are all kinds of potential explanations we could make up about the biotech stock's big move. Show less Read more
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