Bullish Stock With Strong Quarterly Performance: $MREO $LPRO $SITM – Wire Real Estate

Bullish Stock With Strong Quarterly Performance: $MREO $LPRO $SITM




Sep 3, 2020

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MEREO BIOPHARMA is bullish as it launches 1b/2 trial of its COVID-19 vaccine

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MEREO BIOPHARMA (NASDAQ:MREO) was up 128.35% over the past quarter.

Mereo has launched Phase 1b/2 placebo-controlled clinical trial to study the efficacy and safety of alvelestat in patients with moderate to severe COVID-19. The new drug is an oral small molecule that is used to inhibit neutrophil elastase (NE). neutrophil elastase is an enzyme that is involved in the destruction of lung tissue.

Acute Lung Injury (ALI) involves inflammations in the lungs and can be caused by SARS-CoV-2 infection.

Open Lending Corp is positive as it announces changes in its leadership

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Open Lending Corp (NASDAQ:LPRO) was up 121.97% over the past quarter.

Open Lending Corporation has announced the appointment of Jessica Snyder and Shubhi Rao to be members of its Board of Directors. The appointment takes effect August 5, 2020. The company appointed Ms. Snyder to its Nominating and Corporate Governance Committee. Ms. Rao was appointed a member of the audit committee.

Jessica Snyder currently serves as the president and chief executive officer of GuideOne Insurance Company. She previously at Auto Insurance Companies where she worked as senior vice president - Commercial and Specialty Lines. On his side, Rao is a known Board Member and Advisor and global finance executive and is experienced in offering strategic and operational leadership for complex and dynamic businesses like Ford, Tyco, PwC, Tesco, and Alphabet/Google.

SiTime is bullish as it unveils new clock family

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SiTime Corp (NASDAQ:SITM) was up 119.48% over the past quarter.

SiTime Corporation has unveiled the Cascade(TM) family of MEMS clock ICs for wireline telecom, 5G, and datacenter infrastructure. The SiT9514x is a clock-system-on-a-chip (ClkSoC(TM)) family and is made of jitter cleaners, clock generators, and network synchronizers that offer multiple clock signals in a system. The clock family uses third-generation MEMS resonators that was launched recently by SiTime and is used to deliver higher performance without using much power.

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