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Relmada Therapeutics, Xenon Pharmaceuticals, Dianthus Therapeutics And Other Big Stocks Moving Higher On Monday
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U.S. stocks were lower, with the Dow Jones index falling around 650 points on Monday.

Shares of Relmada Therapeutics Inc (NASDAQ:RLMD) rose sharply during Monday's session following the release of promising interim data from its Phase 2 trial of NDV-01 for treating non-muscle invasive bladder cancer.

The 12-month interim data from the ongoing Phase 2 trial showed a complete response rate of 76%, with an impressive 80% in the BCG-unresponsive patient population.

Relmada Therapeutics shares jumped 40.8% to $6.27 on Monday.

Here are some other big stocks recording gains in today’s session.

  • Hims & Hers Health Inc (NYSE:HIMS) shares jumped 42.6% to $22.44 after reports suggested that the company has agreed with Novo Nordisk to market weight-loss drugs from the Danish drugmaker on the Hims platform. Also, Novo Nordisk dropped its patent infringement case against the company.
  • Xenon Pharmaceuticals Inc (NASDAQ:XENE) gained 42% to $59.53 following the announcement of positive topline results from the Phase 3 X-TOLE2 study of azetukalner in focal onset seizures.
  • W&T Offshore, Inc. (NYSE:WTI) shares jumped 27.4% to $4.00.
  • Dianthus Therapeutics Inc (NASDAQ:DNTH) gained 26.7% to $82.62 following an early GO decision announced by the company based on an interim responder analysis in the Phase 3 CAPTIVATE trial of claseprubart in chronic inflammatory demyelinating polyneuropathy (CIDP).
  • Uniqure NV (NASDAQ:QURE) gained 21.1% to $17.28 after news that Dr. Vinay Prasad will step down from leading the U.S. Food and Drug Administration's biologics division.
  • Solid Biosciences Inc (NASDAQ:SLDB) shares rose 20% to $8.10.
  • Regenxbio Inc (NASDAQ:RGNX) shares jumped 18.7% to $10.26.
  • Kingsoft Cloud Holdings Ltd (NASDAQ:KC) shares climbed 14.3% to $13.70.
  • Garden Stage Ltd (NASDAQ:GSIW) shares climbed 10.2% to $10.51.
  • Dyne Therapeutics Inc (NASDAQ:DYN) gained 10.2% to $16.37. Dyne Therapeutics said it initiated Phase 3 HARMONIA trial of Zeleciment Basivarsen (Z-basivarsen, DYNE-101) For Myotonic Dystrophy Type 1.
  • Lumentum Holdings Inc (NASDAQ:LITE) gained 9.2% to $609.76.
  • Circle Internet Group Inc (NYSE:CRCL) gained 8.7% to $110.80.
  • United Therapeutics Corp (NASDAQ:UTHR) shares climbed 6.8% to $510.51. United Therapeutics announced a $2 billion stock repurchase authorization and enters into $1.5 billion accelerated share repurchase program.
  • StubHub Holdings Inc (NYSE:STUB) gained 6.7% to $8.92.
  • Denali Therapeutics Inc (NASDAQ:DNLI) shares surged 6.6% to $21.00.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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