Welltower [WELL] - Last Close: $65.42
Welltower is rebounding from a new low in this morning's premarket.
The senior housing REIT set a new 52-week low in Wednesday's trading session, when share prices touched $64.04.
However, shares recaptured some of their lost ground before the closing bell, and the stock seems to be carrying some momentum into today's premarket.
WELL is one of this morning's top S&P 500 stocks, with a 3.0% gain in early-morning trading.
My Take: This chart could be worth watching. WELL is in a pronounced downtrend, but today's rebound could be a pivot point for the REIT stock.
Axcella Health [AXLA] - Last Close: $1.73
Axella Health is on the move after a clinical update.
The clinical-stage biotech company unveiled interim data from a Phase 2b EMMPACT study of AXA1125 in nonalcoholic steatohepatitis (NASH) patients.
The study found the drug produced clinically and statistically significant improvements in liver stiffness, according to non-invasive liver scanning data.
Subjects also experienced significant improvements in liver cell inflammation at both dosing levels of AXA1125.
The interim data also showed the drug continues to present a safe and well-tolerated profile.
AXLA is trading actively with a 14.4% gain.
My Take: The interim data looks good, and there could be more catalysts in this stock's future if they can push AXA1125 to market. However, a lot can happen between now and then, so don't get tripped up playing around with this micro-cap biotech stock.
