Following are the major micro cap gainers under $5 in the biotech Sector by mid-day session on Tuesday. Keep these stocks on your radar this week.
Clearside Biomedical, Inc (NASDAQ:CLSD) is one of the notable gainers in the biotech Sector as the stock went up 4.31% at $2.78. The stock saw lower than average volume with more than 231K million shares exchanged hands, compared to its average volume of 246K shares. The company announced today that the U.S. Food and Drug Administration (FDA) has accepted the resubmitted New Drug Application for XIPERE™1 (triamcinolone acetonide suprachoroidal injectable suspension).
Calithera Biosciences, Inc. (NASDAQ:CALA) is another gainer in the biotech Sector as the stock moved up 3% at $2.47. The stock witnessed heavy volume as more than 1.59 million shares have been traded hands – compared to its average volume of 939K shares. The stock has slumped 59% over the past year. The stock is trading 60% below its 52-week high and 32% higher from its 52-week low. The company announced that Susan Molineaux, Ph.D., the company’s founder, president and chief executive officer, will present at the Jefferies 2021 Virtual Healthcare Conference on Friday, June 4, 2021 at 9:00 am ET.
Diffusion Pharmaceuticals Inc (NASDAQ:DFFN) continued to move higher and extended its month-long rally gains. The stock has gained by 2.18% to $0.7123. After opening at $0.70, the stock has moved within a wide range of $0.7000 – 0.7489. The stock has fallen 10% over the past six months. The stock is trading 61% below its 52-week high and 21% higher from its 52-week low.
