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Why Tech Stocks Dropped Monday

Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.

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American Electric Power Is Attractive Going Forward, Analyst Double-Upgrades Stock

BofA Securities analyst Ross Fowler upgraded the shares of American Electric Power Company Inc (NASDAQ:AEP) from Underperform to Buy and raised the price target from $98 to $104. The analyst upgraded the stock after the company announced the sale of a 19.9% minority stake in its transmission holding assets for $2.8 billion, along with the appointment of Trevor Mihalik as CFO. The analyst sees the asset sale as a strategic move to meet external equity needs and expect AEP to continue addressing t

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Cancer-Focused Phio Pharmaceuticals Stock Gains 300% On Monday - Here's Why

On Monday, Phio Pharmaceuticals Corp. (NASDAQ:PHIO) stock skyrocketed with a strong session volume of 201.04 million, compared to the average volume of 362.72k, according to data from Benzinga Pro. Phio reported pathologic responses for patients enrolled in the 2nd cohort, which includes two patients with a complete response or 100% tumor clearance. Phio’s ongoing Phase 1b clinical study is designed to evaluate the safety and tolerability of neoadjuvant use of intratumoral PH-762 in Stages 1, 2

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