The latest stock report for Thursday, July 22, 2021, has many stocks that showed mixed outcomes. After the pandemic, the global stocks markets have started making a comeback but there are still some upsets. This is the reason why there are some mixed-up days in regards to the prices of the majority of the companies.
However, there are five companies that have shown promising growth and are currently experiencing an uptrend in terms of their prices. The details around these top five companies experiencing a rise in the prices are as follows:
The first company that has gained a tremendous surge in its stock prices is ImmunoPrecise Antibodies. The company has reportedly experienced a 144.4% increase in its stock prices on Thursday, July 22, 2021. The share prices for the company went up as it shared the research work. The company revealed its test demonstrating that the TATX-03 anti-SARS-CoV-2 antibody cocktail it had created was successfully destroying the Delta variant of COVID-19.
Then the second company is the India Globalization Capital (IGC), which has reportedly experienced an 87.8% increase in its stock prices. The reason behind IGC’s sudden increase in stock prices was the announcement made by the company itself. It announced that the Trademark Office and Patent of the United States had issued Alzheimer’s disease treatment patent. The patent was reportedly issued by the United of South Florida.
IGC revealed that it already has an agreement with the university, which is exclusive and is pertaining to the Alzheimer’s disease’s conducted research and patent application. IGC-AD1 is reportedly the proprietary formulation of IGC. It currently exists as the clinical trial’s Phase 1 subject.
The next company on the list is Domino’s, one of the largest international Pizza franchises in the entire world. The pizza franchise giant has reportedly experienced an 11% increase in terms of its stock prices. The reason behind the rise in the stock prices for Domino’s was the sharing of the earnings for the second quarter of 2021.
The pizza chain announced that it has experienced a significant surge in its sales for the particular quarters. The sales of the company are also experiencing a surge and they are surprisingly higher than what the company had predicted.
Furthermore, Dominos has announced that it is going to launch a new “common stock” repurchase program. According to the pizza chain giant, it is planning to launch $1 billion worth of the common stock into the market for repurchase.
The last company on the list is Crocs that have reported a 7.2% increase in its stocks prices. Crocs is one of the most prominent and international shoemaker brands known for manufacturing casual footwear. The company experienced a surge in stocks after publishing the earnings report for the second quarter of 2021.