Bullish stock with Highest Volume: $AIMT $PCG $UTSI – Wire Real Estate

Bullish stock with Highest Volume: $AIMT $PCG $UTSI




Sep 1, 2020

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Aimmune Therapeutics is bullish as it is acquired by Nestle

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Aimmune Therapeutics Inc. (NASDAQ:AIMT) gained 0.09% on a volume of 44.60 million shares

Aimmune Therapeutics Inc has entered into a definitive agreement with Nestle that will see Nestle Health Science (NHSc) acquire Aimmune. Palforzia produced by Aimmune is the only FDA-approved treatment to reduce the severity of allergic reaction to peanuts. The acquisition is part of NHSc larger strategy to expand its food allergy portfolio and will involve creating a wider spectrum of solutions for allergic children.

PG&E is bullish with increased treading volumes

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PG&E Corporation (NYSE:PCG) gained 1.54% on a volume of 74.50 million shares

PG&E Corporation as issued an update highlighting important safety guidelines to Californians as they return to evacuation zones or burn areas. There have been five major wide fires that have burnt over 850,000 acres in PG&E's service area in Northern and Central California. More than 1,500 have been razed down and affected around 40,000 PG&E electric customers.

The company has managed to restore power to around 30,000 clients as its crew continue to work on an additional 9,000 customers who still don't have access to power.

Another promising stock is UTStarcom Holdings as it unveils SkyFlux.

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UTStarcom Holdings Corp. (NASDAQ:UTSI) gained 8.70% on a volume of 37.91 million shares

UTStarcom has unveiled SkyFlux, a Converged Packet Transport Platform that combines MPLS-TP tunneling and Segment Routing over MPLS (SR-MPLS). SkyFlux SPN805S is the first product of the SkyFlux Converged Packet Transport platform. The SPN805S is built with advanced software and hardware architecture, solid feature set and high performance. It is designed to help network operators and service providers address challenges as well as meet the requirements for 5G network.

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