PRISM Mid-Day Movers: Pharmaceuticals and New Energy are Todays Index Leaders
IO Biotech Inc. (NASDAQ: IOBT) is rebounding today, with the stock trading around 0.30–0.36 dollars, up roughly 40–50% off yesterday’s 0.20–0.21 lows after a brutal selloff that drove shares to a new 52‑week trough. The move comes as traders digest news that the immuno‑oncology company has begun a strategic‑options review while continuing to advance its lead off‑the‑shelf cancer vaccine IO102‑IO103, designed to simultaneously target IDO1‑ and PD‑L1‑expressing tumor and immune‑suppressive cells in the tumor microenvironment, with Phase 3 melanoma data and Phase 2 basket‑trial readouts aimed at multiple solid tumors.
Ascent Solar Technologies Inc. (NASDAQ: ASTI) is having a strong session, up 35% with the stock recently trading around the mid‑$5s to upper‑$5s after ranging between roughly $4.50 and $6.36 today, putting it up solid double digits intraday and well above its 52‑week low near $1.10. The renewed interest reflects growing attention on Ascent’s flexible CIGS thin‑film photovoltaic technology, which delivers ultra‑lightweight, highly flexible solar panels on a polyimide substrate for use cases such as space, defense, UAVs, agrivoltaics, and other applications where conventional rigid glass modules are not practical.
Other Notable movers:
SKYX Platforms ( $SKYX) up 22%
USA Rare Earth, LLC ( $USAR) up 22%
Mullen Automotive ( $MULN) down 19%
