60 Degrees Pharma Nears FDA Deadline in Thin Holiday Trading
60 Degrees Pharmaceuticals Inc. goes into Tuesday with shares at $1.48, unchanged during a quiet session as U.S. stock markets closed Monday for Memorial Day. Investors are watching for a possible update as an FDA notification deadline falls the same day. According to the Nasdaq holiday calendar, markets were closed May 25, with usual trading hours set for 9:30 a.m. to 4 p.m. ET on standard days. No Monday tape and thin trading could hit the next move in SXTP. The stock dipped 0.7% Friday with 49,620 shares trading. Still, SXTP climbed 6.5% over the week, moving from $1.39 last Friday to $1.48 at the May 22 close.