5 Biggest Gainers and Losers: December 29, 2020

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2. Caesarstone Ltd. (NASDAQ:CTSE)

Caesarstone Ltd. (NASDAQ:CTSE) stock jumped more than 20 percent today after receiving upgrades from two different research firms. KeyBanc increased its ratings for CTSE stock from “Sector Weight” to “Overweight.” Separately, Benchmark initiated coverage on Caesarstone by issuing a “Buy” rating.

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1. Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT)

Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) shares lost half their value this morning after the San Diego, California-based biotech company released Phase 1/2 data of its Covid-19 vaccine candidate. The data showed that its vaccine candidate ARCT-021 was effective against the virus, but the level of efficacy was below the rival vaccines. Raymond James cut its ratings for ARCT stock from “Outperform” to “Market Perform” following the results, calling the data underwhelming. Nevertheless, ARCT received the green signal from the Singapore Health Sciences Authority to initiate its Phase-2 trial.

Please also see 10 Best Dow Stocks To Buy Now and Billionaire Lee Cooperman’s Top 10 Stock Picks

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