Investors have six stocks to watch, with one firm’s 17% daily gain likely driven by a short squeeze.
First, Moderna gained 17% to close near $40.00 on Tuesday. Health and Human Services Secretary Robert F. Kennedy, Jr. added two experts to HHS’s advisory committee on immunization practices. Investors bid MRNA stock higher on expectations that Dr. Adam Urato and Dr. Kimberly Biss would support the approval process of vaccines.
Dr. Urato is a maternal-fetal specialist, while Dr. Biss is a fellow of the American College of Obstetricians and Gynecologists. Dr. Biss has published research on COVID-19 vaccine safety during pregnancy.
Second, Intel (INTC) traded at a fresh yearly high, closing up 7.33%. KeyBank upgraded its rating on both INTC and AMD stock.
Third on the list is Strategy (MSTR). The Bitcoin (BTC-USD) holding firm bought $1.25 billion worth of the cryptocurrency last week.
Readers also have three stocks to watch that dipped. Salesforce (CRM) fell by over 7%. Oppenheimer downgraded Adobe (ADBE) yet called CRM stock a thematic play on the AI market.
Analysts thought that its AI business momentum would accelerate. Instead, Adobe saw digital media growth decelerating in the fiscal year of 2025.
Healthcare supplier Solventum (SOLV) pulled back on no news. Lastly, Atlassian (TEAM) dropped by nearly 6%. Competition among Microsoft’s (MSFT) GitHub, GitLab (GTLB), and Atlassian continues to intensify.
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