Most Volatile Stocks: Eli Lilly and Company (NYSE:LLY), Zillow Group, Inc. (NASDAQ:Z), The Gap, Inc. (NYSE:GPS)

April 26, 2023 2:18 am10 commentsViews: 84

Eli Lilly and Company (NYSE:LLY) declared that a panel of the U.S. FDA held a “constructive discussion” on the benefit-risk profile of its investigational cancer drug necitumumab. The senior VP, product development and medical affairs for Lilly Oncology, Richard Gaynor stated that they ¬†are encouraged by the Committee’s constructive discussion on the benefit-risk profile of necitumumab as few advances have been made over the past two decades in the first-line treatment of advanced squamous NSCLC, leaving a significant unmet medical need. “We believe necitumumab with gemcitabine and cisplatin represents a meaningful advance in the search for a new first-line treatment option and look forward to working closely with the FDA as they continue their review.” Shares of Eli Lilly and Company (NYSE:LLY) traded at $88.29 by moving up 0.93% with price volatility of 1.71% for a week and 1.97% for a month. Its beta stands at 0.31 times.

Zillow Group, Inc. (NASDAQ:Z) declared that chief financial officer Chad Cohen will resign effective August 7 to pursue other business interests. The company said it is conducting a search for a new chief financial officer, and that Cohen will remain as CFO through second quarter earnings and the 10-Q filing. Zillow Group, Inc. (NASDAQ:Z) stock has highest price of $83.49 in last session, beginning with a price of $83.49 and reported a decrease of -7.73% to close at $78.67 with a day range of $77.62-$83.49. The stock is going forward its 52-week low with -2.96% and moving down from its 52 week high price with -52.29%.

The Gap, Inc. (NYSE:GPS) reported that its same-store sales for June 2015 fell 1%. Net sales for the five-week period ended July 4, 2015 were $1.54 billion or flat compared with last year. For June, same-store sales fell 5% at the company’s namesake stores, while it rose 1% each at Banana Republic and Old Navy stores. The Gap, Inc. (NYSE:GPS) stock hit highest price at $37.75, beginning with a price of $37.72 and reported a decrease of -0.53% to close at $37.58 with a day range of $36.83-$37.75. The total market capitalization remained 15.68 Billion, total volume of 9.84 Million shares held in the session was surprisingly higher than its average volume of 3807.19 shares.

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