Spruce Biosciences, Inc. shares recorded a significant increase, rising by 8.16% in a single day.

老虎证券2026/02/18 14:46

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The recent stock price fluctuation was triggered by the company's announcement of a key breakthrough in the development of a drug targeting a rare pediatric brain disease, officially entering the stage of submitting an application to the U.S. Food and Drug Administration (FDA). This milestone event has sparked positive market expectations for the company's future commercialization prospects, boosting investor confidence. The drug targets a rare pediatric brain disease, and if ultimately approved by the FDA, it is expected to fill a gap in this therapeutic area.

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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

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