Bullish US Stocks That Surged Higher In One Week: $CRIS $FTCH $DVAX

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Curis Reports Revenue Of $2.4 Million in Q2 2020

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Curis, Inc. (NASDAQ:CRIS) jumped 13.01% over the past week. The company reported a net loss of $6.7 million or 17 cents per share in Q2 2020 compared to a loss of $7.2 million or 22 cents a share in Q2 2019. For the first half of 2020, the company reported a net loss of $16.4 million or 44 cents per share. Revenue for the quarter ended June 30 2020 was $2.4 million with that of the first six months being $5.1 million.

In the quarter the company started a new first phase study of CA-4948 in refractory or relapsed acute myeloid leukemia and high-risk myelodysplastic syndrome in addition to the study in non-Hodgkins Lymphoma. The study will commence before the year ends and will evaluate the combination of CA-4948 ad ibrutinib in NHL patients as well as those with MYD88 altered disease.

Farfetch Signs Partnership With Fenty

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Over the past one week, Farfetch Ltd (NYSE:FTCH) stock has gained 13.49%. The company plans to release its Q2 2020 results on August 13 2020 after the US market close. Recently the company entered a partnership with Rihanna's Fenty line as its exclusive digital partner. Following the deal, the retailer will be the main e-commerce channel that will stock the label besides its own channel.

The partnership comes days after Fenty's launch of Release 6-20. Most importantly Fenty is one of the brands with backing from LVMH Moet Hennessey Louis Vuitton. Farfetch chief commercial and sustainability officer Giorgio Belloli said that they are delighted to have Fenty in their platform as they have long admired their innovative approach in retailing of luxury fashion.

Dynavax Dose First Subject In Phase 1 Study Evaluating COVID-19 Vaccine

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Dynavax Technologies Corporation (NASDAQ:DVAX) has also gained 12.80% this past week. The biopharmaceutical company announced the dosing of the first subjects in the first phase clinical study evaluating Medicagos's COVID-19 vaccine candidate in combination with CpG 1018. The companies are evaluating the combination of Dynavax's CpG 1018 and the Coronavirus Virus-Like Particle of Medicago in the prevention of COVID-19. CpG 1018 is expected to enhance the immune response of CoVLP which will minimize the amount required per dose thus offering more doses.

Also, the company has partnered with Medigen Vaccine Biologics in developing an adjuvanted vaccine candidate for COVID-19. The partnership will leverage the stable prefusion form of Medigen's SARS-CoV2 recombinant protein in combination with CpG 1018.

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The post Bullish US Stocks That Surged Higher In One Week: $CRIS $FTCH $DVAX appeared first on The Market Signals.

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