HilleVax Inc.’s stock cratered 89% early Monday, after the biotech said it would discontinue development of a vaccine against norovirus for infants after a trial missed its main goals.
Not all chip stocks enjoyed the exuberant first-half performance seen by Nvidia — and a Melius Research analyst thinks some notable laggards could be primed for solid rebounds.
Morphic’s stock rocketed Monday, after the biopharmaceutical company announced an agreement to be acquired by Eli Lilly in a cash deal valued at about $3.2 billion.