{"id":62347,"date":"2025-01-27T10:13:03","date_gmt":"2025-01-27T15:13:03","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62347"},"modified":"2025-01-27T10:13:03","modified_gmt":"2025-01-27T15:13:03","slug":"stock-market-today-allakos-dropped-by-76-37-whereas-onconetix-jumped-by-77-10-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-allakos-dropped-by-76-37-whereas-onconetix-jumped-by-77-10-in-early-trading\/62347\/","title":{"rendered":"Stock market today: Allakos dropped by 76.37% whereas Onconetix jumped by 77.10% in early trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">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, <\/span><b>Allakos Inc.<\/b><span style=\"font-weight: 400\"> as it recorded a decline of <\/span><b>76.37%<\/b><span style=\"font-weight: 400\">, with its stock priced at <\/span><b>0.29 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>108.11\u202fM USD<\/b><span style=\"font-weight: 400\">. The company has announced that it will discontinue further clinical development of AK006 and at the same time <\/span><b>Allakos <\/b><span style=\"font-weight: 400\">will cut down its workforce.\u00a0<\/span><\/p>\n<p><b>Veru Inc.<\/b><span style=\"font-weight: 400\"> fell <\/span><b>41.34%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>0.71 USD<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>103.9\u202fM USD<\/b><span style=\"font-weight: 400\">. On the brighter side, <\/span><b>Onconetix, Inc.<\/b><span style=\"font-weight: 400\"> exhibited a gain of <\/span><b>77.10%<\/b><span style=\"font-weight: 400\">, with its stock at <\/span><b>0.8501 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>7.05\u202fM USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>PMGC Holdings Inc.<\/b><span style=\"font-weight: 400\"> dropped <\/span><b>37.42%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>1.94 USD<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>5.96\u202fM USD<\/b><span style=\"font-weight: 400\">.In the consumer durables sector, <\/span><b>Planet Image International Limited<\/b><span style=\"font-weight: 400\"> surged <\/span><b>105.58%<\/b><span style=\"font-weight: 400\">, pricing at <\/span><b>4.42 USD<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>115.85\u202fM USD<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Finally, <\/span><b>HWH International Inc.<\/b><span style=\"font-weight: 400\"> rose <\/span><b>49.15%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>0.4291 USD<\/b><span style=\"font-weight: 400\"> and holding a market cap of <\/span><b>13.9\u202fM USD<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u202fM USD.<\/p>\n","protected":false},"author":433,"featured_media":58627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24562,24068,24036,23740,24542,24563],"class_list":["post-62347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-allakos","tag-hwh-international","tag-onconetix","tag-planet-image-international","tag-pmgc-holdings","tag-veru"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62347"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58627"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}