Shares of Trevi Therapeutics, Inc. (TRVI) are gaining nearly 30% on Tuesday morning despite no stock-related news to drive the shares.
TRVI is currently trading at $6.30, up $1.44 or 29.63%, on the Nasdaq.
Trevi Therapeutics is a clinical-stage biopharmaceutical company focused on the development and commercialization of Haduvio to treat serious neurologically mediated conditions. Trevi is currently developing Haduvio for the treatment of chronic pruritus, chronic cough in patients with idiopathic pulmonary fibrosis and levodopa-induced dyskinesia in patients with Parkinson's disease
Meanwhile, US stocks are generally higher on the news of Russia registering its first vaccine for COVID19.
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Business News
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.