Why Janux Therapeutics Crushed the Market Today

CZOVX Fund  USD 30.76  0.10  0.33%   
Slightly above 54% of Zacks All's investor base is interested to short. The analysis of overall sentiment of trading Zacks All Cap Core mutual fund suggests that many investors are impartial at this time. Zacks All's investing sentiment can be driven by a variety of factors including economic data, Zacks All's earnings reports, geopolitical events, and overall market trends.
  
News of an analysts price-target hike plus a new round of capital-raising were the sparks that ignited Janux Therapeutics stock on Wednesday. Well before market open, Scotiabank pundit George Farmer aggressively raised his price target on Janux, cranking it nearly 50 percent higher to 62 per share. What Janux has done, however, is push to extend its runway with a fresh share issue.

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