Stocks

Coherus BioSciences and Ascent Industries Highlight Stocks to Watch as Market Futures Dip

Published December 28, 2023

Investors are bracing for a potentially tumultuous trading day as U.S. stock futures point downwards early Wednesday morning. Among the stocks poised to capture the market's attention are several noteworthy companies that have recently made significant moves or announcements.

Coherus BioSciences Inc. CHRS

Coherus BioSciences, Inc. CHRS, a biopharmaceutical company specializing in biosimilars and immuno-oncology, shared positive news that has resonated with investors. The company, based in Redwood City, California, has announced FDA approval for UDENYCA ONBODY, a device for pegfilgrastim-cbqv delivery. The announcement led to an impressive surge in Coherus BioSciences shares, which jumped 37.2% to $2.99 earlier. This development underlines the company's ongoing commitment to innovation in medical treatments.

Ascent Industries ACNT

Ascent Industries Co. ACNT, with its specialty in manufacturing and selling specialty metals and chemicals, operates both domestically and internationally. Headquartered in Oak Brook, Illinois, Ascent Industries is another stock that deserves attention from the investors amidst the current market conditions.

Bridgeline Digital BLIN

Bridgeline Digital, Inc. BLIN, a digital participation company based in the United States, is intertwining with the current digital wave sweeping across various sectors. Bridgeline Digital's efforts to enhance digital engagement for businesses may influence its stock performance in the market today.

Other Stocks of Interest

Investors may also want to keep an eye on stocks like TOMI Environmental Solutions, Inc. TOMZ, a company specializing in bacterial decontamination and infectious disease control, headquartered in Frederick, Maryland. As the world continues to grapple with health concerns, such companies remain relevant and critical to watch.

While specific stocks have the potential to stand out, overall market sentiment and broader economic factors will invariably affect individual stock performances. Investors will be closely monitoring these and other stocks as the day progresses.

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