Here are the recap for the top 4 major losers in the small-cap biotech sector on Friday. keep an eye on the following stocks this week.
Vaxart, Inc. (NASDAQ:VXRT) was one of the major losers as the stock closed lower by$0.20 or 2.83% to close at $6.87. Total volume was 3.95 million shares, compared to its 30-day average volume of 16.04 million shares. The stock moved within a range of $6.84–$7.31after opening at $7.22. The market capitalization of the stock stands at $839.981 million.
Aurinia Pharmaceuticals Inc.(NASDAQ:AUPH) continued to move lower and closed lower by2.50% to $12.48 on the volume of 3.89 million shares, compared to its daily average volume of 3.66 million shares. The company today presented an analysis of its Phase 3 AURORA 1 study data at the European Renal Association – European Dialysis and Transplant Association (ERA-EDTA) 2021 Congress.
Immunovant, Inc. (NASDAQ:IMVT) continued to move lowerand extended weekly losses. On Friday, stock decreased by $0.80 or 7.46% to end the session at $9.93. After opening at $10.74, the stock has moved within a wide range of $9.80 – $10.73. Over the past 52-week, the stock moved within a range of $5.39 – $23.83. The stock has more thanhalved in the past year. RSI of the stock is 27.97.
MannKind Corporation (NASDAQ:MNKD) was one of the major losers as the stock closed lower by$0.19 or 5% to close at $3.61. Total volume was 3.65 million shares, compared to its 30-day average volume of 4.13 million shares. The stock moved within a range of $3.56–$3.80after opening at $3.80. The market capitalization of the stock stands at $899.457 million.