Clvs stocktwits

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Clovis Oncology Inc. There looks to be no company news acting as a catalyst that moved the share price, but likely the stock moved as retail traders pushed it. The stock was trending on social media sites such as StockTwits. Clovis Oncology was down 1. Bullish traders would like to see the stock bounce off of support and start moving back higher.

Clvs stocktwits

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The movement in CLVS stock is largely being driven by online chatter, as no announcement has been made concerning an acquisition. There is also a report on Seeking Alpha today about the possible takeover, further intensifying interest in CLVS stock. Talk of a takeover comes after Clovis announced positive results last week from two Phase 3 clinical trials involving medications used to treat metastatic ovarian cancer and prostate cancer. The clinical trial results were greeted enthusiastically by investors, leading to a brief bounce in CLVS stock. Clovis Oncology is a small pharmaceutical startup that has never commercialized a medication and successfully brought it to market. Also, CLVS stock has proven to be popular with retail traders , who have executed short squeezes on it several times over the past two years. Talk of a takeover is pure speculation at this point. No deal has been announced, and there is no guarantee a purchase will ever come to fruition. Given the ups and downs of the share price in recent months, investors might want to wait and see if the rumors become fact before taking a position in CLVS stock.

Clvs stocktwits

Elsewhere, the Dow lost 5. Prior to today's trading, shares of the biopharmaceutical company had lost This has lagged the Medical sector's loss of 8. Investors will be hoping for strength from CLVS as it approaches its next earnings release. This would mark year-over-year growth of Any recent changes to analyst estimates for CLVS should also be noted by investors.

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Market cap, also known as market capitalization, is the total market value of a company. The day moving average is a frequently used data point by active investors and traders to understand the trend of a stock.

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