Ever-Glory stock rockets to pace premarket gainers, Exicure leads most-actives list

2 months ago 18
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Shares of Ever-Glory International Group Inc. EVK, +73.89% rocketed 99.1% successful progressive trading aboriginal Monday, capable to gait each of the gainers successful the premarket session, aft the China-based apparel retailer and proviso concatenation solution supplier announced a stock repurchase programme of up to $5 million. Trading measurement of 10.9 cardinal shares, which compares with the full-day mean of astir 755,000 shares, made the banal the second-most progressive successful the premarket. Based connected Friday's banal closing terms of $2.26, the buyback program, which lasts done the extremity of the year, could correspond 14.9% of the company's marketplace capitalization. The astir progressive banal successful the premarket is Exicure Inc.'s XCUR, +39.22%, which ran up 36.3% connected 16.0 cardinal shares aft Ipsen IPSEY, +4.23% said it volition marque an upfront currency outgo of $20 cardinal to Exicure arsenic portion of an exclusive collaboration to research, make and commercialize imaginable treatments for Huntington's illness and Angelman syndrome. Exicure volition besides beryllium eligible to person $1 cardinal successful enactment workout fees and milestone payments. The rallies travel arsenic futures ES00, +0.43% for the S&P 500 SPX, +0.47% roseate 0.4%.

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