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As of 10:03 PM EST, stocks in the health technology and consumer durables sectors have experienced mixed movement as trading began on Monday. At the top of the list was, Allakos Inc. as it recorded a decline of 76.37%, with its stock priced at 0.29 USD and a market cap of 108.11 M USD. The company has announced that it will discontinue further clinical development of AK006 and at the same time Allakos will cut down its workforce.
Veru Inc. fell 41.34%, trading at 0.71 USD with a market cap of 103.9 M USD. On the brighter side, Onconetix, Inc. exhibited a gain of 77.10%, with its stock at 0.8501 USD and a market cap of 7.05 M USD.
PMGC Holdings Inc. dropped 37.42%, trading at 1.94 USD with a market cap of 5.96 M USD.In the consumer durables sector, Planet Image International Limited surged 105.58%, pricing at 4.42 USD with a market cap of 115.85 M USD.
Finally, HWH International Inc. rose 49.15%, trading at 0.4291 USD and holding a market cap of 13.9 M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.