Why Skye Bioscience Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Shares of Skye Bioscience, Inc. SKYE fell sharply during Monday's session after the company announced its SBI-100 Ophthalmic Emulsion Phase 2a trial did not achieve target product profile and has discontinued the program.

Skye Bioscience shares tumbled 18.9% to $8.87 on Monday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• Big Tree Cloud Holdings Limited DSY shares jumped 123% to $4.3001 following the completion of the company’s business combination with Plutonian Acquisition Corp. and amid continued volatility following its Nasdaq debut last week.
• KWESST Micro Systems Inc. KWE gained 79.8% to $0.7082 after the company was awarded a sub-contract worth up to C$48 million by Thales Canada for software development services.
• Wearable Devices Ltd. WLDS jumped 63% to $0.5547. Wearable Devices reported the successful completion of its first phase of integration with Qualcomm’s Snapdragon Spaces™, extended reality (XR) Developer Platform.
• New Horizon Aircraft Ltd. HOVR gained 45.1% to $1.0450 after declining around 8% on Friday.
• ICC Holdings, Inc. ICCH jumped 43% to $22.03. Mutual Capital Group announced plans to acquire ICC Holdings, Inc. for $23.50 per share in a $73.8 million transaction.
• Spectaire Holdings Inc. SPEC shares gained 32.3% to $0.5623 after jumping over 15% on Friday.
• QXO, Inc. QXO gained 28.6% to $283.00.
• Renovaro Inc. RENB rose 25.6% to $1.62.
• Wetouch Technology Inc. WETH surged 25% to $2.23.
• Journey Medical Corporation DERM gained 24% to $5.83.
• Opera Limited OPRA surged 22% to $16.83.
• MicroAlgo Inc. MLGO rose 20.2% to $5.33.
• Ivanhoe Electric Inc. IE gained 18% to $10.74.
• iLearningEngines, Inc. AILE jumped 17.5% to $5.58.
• Silynxcom Ltd. SYNX surged 17% to $2.62.
• Spectaire Holdings Inc. SPEC jumped 16.6% to $0.4960 after the company announced a purchase order and delivery of its advanced AireCore units to American Ag Energy.
• AgriFORCE Growing Systems Ltd. AGRI gained 15% to $0.1070 after the company was awarded a new US patent titled ‘Automated Growing Systems.’
• FuelCell Energy, Inc. FCEL rose 13.6% to $0.9869. FuelCell Energy reported a second-quarter fiscal 2024 revenue decline of 42% year-over-year to $22.42 million, beating the consensus of $21.35 million.
• Cactus, Inc. WHD gained 13.6% to $53.19.
• Tellurian Inc. TELL gained 12.8% to $0.8448.
• SEACOR Marine Holdings Inc. SMHI gained 12.1% to $13.26.
• Presto Automation Inc. PRST shares rose 10.9% to $0.0988 after surging 17% on Friday.
• KKR & Co. Inc. KKR gained 9.8% to $107.63 after it was announced the company will join the S&P 500.
• Diamond Offshore Drilling, Inc. DO climbed 9.8% to $15.30 after Noble announced an agreement to acquire the company.
• CrowdStrike Holdings, Inc. CRWD gained 8.8% to $379.95 after it was announced the company will join the S&P 500.
• LENZ Therapeutics, Inc. LENZ rose 8.2% to $16.85.
• Nisun International Enterprise Development Group Co., Ltd NISN shares rose 7.6% to $3.6302 after the company said it has established a daily supply capacity of over 20 million eggs.
• Esperion Therapeutics, Inc. ESPR gained 7.5% to $3.01.
• Southwest Airlines Co. LUV gained 6.8% to $29.66 following a report indicating Elliott Investment Management has built a stake in the company.
• Geron Corporation GERN rose 5.9% to $4.8592. Barclays initiated coverage on Geron with an Overweight rating and announced a price target of $9.

Losers

• 1847 Holdings LLC EFSH dipped 32.5% to $0.4828.
• Baijiayun Group Ltd RTC fell 32% to $3.7001
• Sunshine Biopharma, Inc. SBFM shares fell 31.4% to $0.3830.
• Tharimmune, Inc. THAR dipped 30% to $3.6051
• Tonix Pharmaceuticals Holding Corp. TNXP fell 29.3% to $2.3550. Tonix Pharmaceuticals recently announced a 1-for-32 reverse stock split.
• Enservco Corporation ENSV fell 29.3% to $0.1713 after the company announced the staff of NYSE Regulation determined to commence proceedings to delist its common stock.
• Perion Network Ltd. PERI shares fell 28.3% to $8.84 after the company cut its revenue outlook.
• Sify Technologies Limited SIFY fell 24.7% to $0.6249 after the company announced the voluntary delisting date of its ADS rights from Nasdaq.
• SeaStar Medical Holding Corporation ICU declined 23% to $4.22.
• Latam Logistic Properties, S.A. LPA fell 19.9% to $19.62
• China Liberal Education Holdings Limited CLEU shares fell 16.8% to $2.66 in pre-market trading after jumping 58% on Friday.
• Virax Biolabs Group Limited VRAX shares fell 14.8% to $1.68.
• Trinity Place Holdings Inc. TPHS fell 14.7% to $0.1498 after jumping 45% on Friday.
• GameStop Corp. GME fell 13.1% to $24.53. On Friday, the stock traded lower as Roaring Kitty held a live stream and the company reported Q1 earnings.
• Golden Matrix Group, Inc. GMGI declined 12.5% to $3.16.
• Novavax, Inc. NVAX declined 11.8% to $16.01.
• Anywhere Real Estate Inc. HOUS fell 10.6% to $3.4150.
• Methode Electronics, Inc. MEI fell 10.6% to $10.11
• BioCardia, Inc. BCDA shares fell 10% to $3.35. On Friday, BioCardia announced it received approval from the United States Patent Office for its application entitled, "Radial and Transendocardial Delivery Catheter."
• Cumulus Media Inc CMLS shares fell 7.6% to $2.9550 after jumping around 22% on Friday.
• Compass Minerals International, Inc. CMP fell 7.6% to $12.36. Compass Minerals International named Jeffrey Cathey as its new chief financial officer.
• Celsius Holdings, Inc. CELH fell 7% to $68.08.
• Roma Green Finance Limited ROMA shares declined 6% to $0.4683. Roma Green Finance filed for offering in a best efforts self-underwritten offering of up to 3.6 million of ordinary shares.

Now Read This: FlexShopper And 3 Other Stocks Under $5 Insiders Are Buying