Apnimed (NASDAQ:APMD) soars 56% as FDA decision could push sleep-apnea valuation close to $1 billion

Apnimed Inc. finished its first session on Nasdaq at $25, representing a 56.25% increase from its IPO price of $16. Market data indicated a market capitalization close to $950 million. The regular session had ended, but after-hours trading was still ongoing. The stock was last quoted at $23, reflecting an 8% drop from the closing price.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

Shares of Alphabet (NASDAQ:GOOGL) 91/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

TSMC (NYSE:TSM) 90/100 • ★★★★½
#3 Strong buy

Amazon

Amazon (NASDAQ:AMZN) 88/100 • ★★★★½
#4 Buy

Microsoft

Microsoft (NASDAQ:MSFT) 86/100 • ★★★★
#5 Buy

Visa

Visa (NYSE:V) 83/100 • ★★★★
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Walmart earnings

Walmart has the potential to influence outlooks on U.S. consumer strength, grocery inflation, discretionary spending, and retail profit margins.

#2

8:30 ET macro cluster

Jobless claims and the Philadelphia Fed survey often influence Treasury yields, the US dollar, and equity index futures ahead of the market open.

#3

Deere earnings

Outlooks for large agriculture demand and construction equipment are key indicators for industrial cyclicals and the broader farm economy.

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Times and estimates may change. Verify before trading.