FIXX - Hot Stocks: Trump's DWAC jumps on TRUTH Social downloads; DNUT earnings; FDA moves OCGN FIXX
For the overall market, Tuesday's midday trading was dominated by continued concerns about Russia and Ukraine, which had the major averages sharply lower during the early afternoon. That said, some individual stocks managed to post notable gains, with Donald Trump, earnings and regulator decisions spurring upside action during the day. Thanks to robust early results from the launch of its social media app, the SPAC bringing the former president's media company public showed early strength Tuesday. Meanwhile, earnings news gave a lift to Krispy Kreme (NASDAQ:DNUT). At the same time, Ocugen (NASDAQ:OCGN) spiked almost 30% after receiving a positive regulatory decision. On the other side of the spectrum, a regulatory ruling gave the opposite impact to Homology Medicines (NASDAQ:FIXX). The stock lost almost a third of its value around concerns for a clinical trial of its pheNIX gene therapy. Gainers The SPAC taking Donald Trump's media company public saw a
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Hot Stocks: Trump's DWAC jumps on TRUTH Social downloads; DNUT earnings; FDA moves OCGN, FIXX