Puma Biotechnology (PBYI) pulled back slightly at the open of trade Monday, but has suddenly spiked sharply to the upside in the last few minutes on increased volume. Shares are now up 17.35 at $55.15.
Puma Biotechnology has suddenly surged to a 7-month high.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.