Tuesday Biotechnology Losers Report

Following are the major micro-cap losers in the Biotechnology industry in the Healthcare sector on Tuesday. Be sure to keep a close eye on your momentum watch list.

Novan, Inc. (NASDAQ:NOVN) decreased by 40.36% to $0.83 on the volume of above 47 million shares, compared to its daily average volume of 5.81 Million shares. In Tuesday’s trading session, the stock made a high and low of $0.8236 and $0.979 respectively. 

Larimar Therapeutics, Inc. (NASDAQ:LRMR) is trading lower by 10.59% to $13.51. Total volume was 204,262 shares, 42% higher compared to its average volume of 204,262 shares. The stock has moved within a range of $13.14 -15.00 after opening at $15. LRMR is a clinical-stage biotechnology company, developing treatments for rare diseases.

Longboard Pharmaceuticals, Inc. (NASDAQ:LBPH) is another loser in the Biotechnology sector. The stock is down 9.68 % at $ 8.40. More than 26 K shares have been traded hands, compared to its average volume of 72 K. Over the past 52-week, the stock moved within a range of $7.98– 18.95. The stock has lost 50% so far in 2021.

Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:RVPH) moved down on Tuesday It has down by 8.89% to $4.51. After opening, the stock has moved within a range of $4.47– 4.95. Moreover, the stock has lost almost 50% so far in 2021

Enveric Biosciences, Inc. (NASDAQ:ENVB) is one of the major losers in the Biotechnology sector as the stock is down by 8.80 % to trade at $ 2.28. On Tuesday, the stock is witnessing lower than average volume with more than 1.366 million shares exchanged hands, compared to its average volume of 6.884 million. The stock opened at $ 2.40 and moved within a range of $ $2.26 – 2.42. The stock has lost about 38% in the past quarter.

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