U.S. markets open in 4 hours 34 minutes
  • S&P Futures

    4,007.25
    -12.50 (-0.31%)
     
  • Dow Futures

    32,082.00
    -38.00 (-0.12%)
     
  • Nasdaq Futures

    12,315.75
    -67.00 (-0.54%)
     
  • Russell 2000 Futures

    1,783.40
    -6.10 (-0.34%)
     
  • Crude Oil

    109.23
    -1.26 (-1.14%)
     
  • Gold

    1,797.40
    -10.80 (-0.60%)
     
  • Silver

    21.08
    +0.10 (+0.48%)
     
  • EUR/USD

    1.0434
    +0.0017 (+0.17%)
     
  • 10-Yr Bond

    2.9350
    0.0000 (0.00%)
     
  • Vix

    29.60
    -2.17 (-6.83%)
     
  • GBP/USD

    1.2228
    -0.0034 (-0.28%)
     
  • USD/JPY

    129.3700
    +0.1850 (+0.14%)
     
  • BTC-USD

    29,790.83
    +181.27 (+0.61%)
     
  • CMC Crypto 200

    668.01
    -13.09 (-1.92%)
     
  • FTSE 100

    7,427.16
    +9.01 (+0.12%)
     
  • Nikkei 225

    26,547.05
    +119.40 (+0.45%)
     

Why Tricida Stock Is Jumping Today

·1 min read
Why Tricida Stock Is Jumping Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Tricida (NASDAQ: TCDA) were jumping 11% higher as of 11:23 a.m. EST on Tuesday. The solid gain came after the company announced that it had entered into definitive agreements to sell stock and warrants that will generate gross proceeds of around $42 million. It's par for the course for drugmakers to raise additional capital through issuing new shares and/or warrants.