Most markets are higher this morning as risk-on sentiment dominates: CRISPR Therapeutics AG, Marathon Digital Holdings, Inc., Intellia Therapeutics, Inc. are showing impressive gains as we move into the afternoon trading session.
The leading indices are showing gains — Nasdaq goes up 1.58%, trading at 12,118. S&P 500 up to 4,126, gaining 0.83%.
Today's rise takes place amid mixed market indicators — United States Producer Price Index published today at 12:30 UTC came out at -0.5%, falling short of the 0.1% projections and continuing its decline from the previous 0% figure.
Here are the biggest stocks gainers so far today.
+15.48%: after ending the last session at $43.47, CRISPR Therapeutics explodes to $50.2 (up 15.48%)
After closing yesterday at $43.47, the Swiss biotechnology company went up to $50.57 only to drop back some of the way, and is now trading at $50.2. The gene-editing biotech company's market cap currently stands at $3.95 billion with an average daily trading volume of 957,980 shares. So far this year, it has been under-performing the Nasdaq by 6.91%.
+12.88%: Intellia Therapeutics soars to $39.03 up 12.88%
Despite closing yesterday at $34.58 and then climbing as high as $39.04 today, Intellia Therapeutics has given up a sizeable portion of its gains to now trade at $39.03. Intellia Therapeutics's market cap currently stands at $3.44 billion with an average daily trading volume of 1 million shares. So far this year, it has been under-performing the Nasdaq by 13.13%.
Fate Therapeutics | +10.7% in mid-session
Despite closing yesterday at $5.61 and then climbing as high as $6.22 today, Fate Therapeutics has given up a sizeable portion of its gains to now trade at $6.21.
+13.62%: after ending the last session at $9.95, Marathon Digital Holdings, Inc. surges to $11.3 (up 13.62%)
Following yesterday's session which closed at $9.95, Marathon Digital Holdings, Inc. went up to $11.65 today only to drop back and trade at $11.3. The company is currently trading with a market cap of $1.89 billion with an average daily trading volume of 37.59 million shares.