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Stock impact report

3 Biotech Stocks That Soared This Week: Are They Buys? [The Motley Fool]

Arcus Biosciences, Inc. (RCUS) 
Last arcus biosciences, inc. earnings: 3/5 04:10 pm Check Earnings Report
Company Research Source: The Motley Fool
The COVID-9 coronavirus. Presidential campaigns. Uncertainty about what the Federal Reserve Board will do with interest rates. All of these factors have weighed on investors' minds as the stock market pulled back this week. But some stocks zoomed higher instead of pulling back. Three biotech stocks that absolutely soared this week were Arcus Biosciences ( NYSE:RCUS Avadel Pharmaceuticals NASDAQ:AVDL Abeona Therapeutics NASDAQ:ABEO Image source: Getty Images. . Arcus Biosciences Shares of Arcus Biosciences skyrocketed 5% higher this week. Most of this huge jump came after Mizuho Securities' analyst Mara stein reiterated a buy rating on Arcus with a one-year price target of $, twice as high as the biotech stock's closing price in the previous week. Arcus boasts a robust pipeline for a clinical-stage biotech. Its lead candidate is AB98, which is being evaluated in several early- and mid-stage clinical studies for treating multiple types of cancer. The biotech expects to announce results Show less Read more
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