Major Biotech Stock Gainers: NASDAQ:AVXL, NASDAQ:CVM, NASDAQ:IBIO

Here are the recap for the top 3 major gainers in the biotech sector on Wednesday. keep an eye on the following stocks.

Anavex Life Sciences (NASDAQ:AVXL) was one of the key gainers as the stock closed higher by 9.10% to $12.11. Total volume was 906K shares, compared to its 30-day average volume of 1.29 million shares. The stock has moved within a range of $11.10 – 12.12 after opening at $11.10. The stock has soared almost 187% over the past year. On Wednesday, the company announced the appointment of Ms. Jiong Ma, PhD to its Board of Directors.

CEL-SCI Corporation (NASDAQ:CVM) increased by 9.64% to $21.60 on the volume of 556K shares, compared to its daily average volume of 941K shares. In yesterday’s trading session, the stock made a  high and low of $19.41 and $21.66 respectively. Over the past year, the stock has moved up 77%, but down 22% in the past month. The stock is trading 47.20% below its 52-week high and 100.74% higher from its 52-week low.

iBio, Inc (NASDAQ:IBIO) continued to move higher and extended weekly gains. On Wednesday, stock has gained by $0.12 or 8.40% to end the session at $1.55. After opening at $1.44, the stock has moved within a wide range of $1.4300 Р1.5800. The stock moved up as the company issued an update on the Company’s business at the UBS Global Healthcare Virtual Conference on Wednesday. Over the past 52-week, the stock moved within a range of $1.0300 Р7.4500. The stock has fallen 16% in the past quarter, but still up 48% YTD.

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