Stocks finished mixed Thursday after the Federal Reserve indicated it would tighten monetary policy earlier than previously expected.
Here are some of the big movers in the stock market on Thursday:
1. Midatech Pharma | Increase 45%
Midatech Pharma (MTP) - Get Report shares soared after the U.K.-based biotechnology company announced a "breakthrough" in the development of its specialized technology that can form proteins into long-lasting injectable drug therapies.
2. Danaher | Increase 5%
Danaher said it expected to finance the acquisition using cash on hand or by issuing commercial paper.
3. Lennar | Increase 3.6%
Lennar earned $831.4 million, or $2.65 a share, compared with $517.4 million, or $1.65 a share, a year earlier.
The report comes as post-pandemic demand for housing in the U.S. is nothing short of frenzied.
4. Advanced Micro Devices | Increase 5.6%
5. Nvidia | Increase 4.8%
Nvidia (NVDA) - Get Report climbed after Jefferies analyst Mark Lipacis raised his price target on the semiconductor maker to a Wall Street high of $854 from $740 a share. Lipacis said that he saw a strong opportunity for software licensing in data centers.