Gainers
- Phoenix Tree Holdings Limited DNK shares jumped 90.4% to close at $4.57 on Wednesday after jumping around 75%on Tuesday.
- Naked Brand Group Limited NAKD shares gained 47.2% to close at $0.1295 after jumping over 21% on Tuesday.
- Kazia Therapeutics Limited KZIA gained 36.3% to close at $13.47 after the company announced at the SNO further Paxalisib data confirming the earlier announced positive safety and efficacy signals in glioblastoma.
- VAALCO Energy, Inc. EGY shares surged 32.4% to close at $1.35 as the company reported transformational acquisition of additional working interest at Etame Marin Block Offshore Gabon from Sasol for $50 million.
- Micro Focus International plc MFGP climbed 30% to close at $4.81.
- BELLUS Health Inc. BLU shares surged 28.9% to close at $3.08. Evercore ISI Group initiated coverage on BELLUS Health with an Outperform rating and announced a price target of $12.
- American Virtual Cloud Technologies, Inc. AVCT gained 27.2% to close at $5.29.
- FuelCell Energy, Inc. FCEL gained 23.8% to close at $5.10.
- CIIG Merger Corp. CIIC jumped 23.7% to close at $13.36. Arrival, a U.K. electric vehicle company, is going public via CIIG Merger.
- Socket Mobile SCKT shares gained 23% to close at $2.89 as the company disclosed that the SocketScan S550 Contactless Membership Card Reader has achieved the Google Wallet Certification.
- Kandi Technologies Group, Inc. KNDI rose 20.5% to close at $11.34 on continued strength after the company on Tuesday reported it received approval from Texas to offer a rebate on its vehicles.
- Greenwich LifeSciences, Inc. GLSI gained 20% to close at $4.99 after the company announced the publication of an abstract at the San Antonio Breast Cancer Symposium of Phase IIb trial data for GP2.
- Arcimoto, Inc. FUV gained 19% to close at $9.44. Arcimoto, earlier during the week, reported downbeat quarterly results.
- Jumia Technologies AG JMIA shares rose 18.9% to close at $20.47 as global e-commerce stocks gain amid growing COVID-19 pandemic fears.
- Nam Tai Property Inc. NTP surged 18.8% to close at $5.55.
- Synalloy Corporation SYNL gained 18.3% to close at $7.10. Synalloy, earlier during the month, posted a loss for the third quarter.
- Pixelworks, Inc. PXLW climbed 17.5% to close at $2.69.
- Natuzzi S.p.A. NTZ gained 17.3% to close at $6.45.
- Ra Medical Systems, Inc. RMED shares climbed 17.1% to close at $5.41. Ra Medical Systems dropped over 11% on Tuesday after the company announced a 1-for-25 reverse stock split.
- Entercom Communications Corp. ETM gained 16.5% to close at $2.54. Entercom Communications, last week, reported closing of purchase of QL Gaming for $32 million in cash.
- HL Acquisitions Corp. HCCH gained 16.4% to close at $16.07.
- LendingClub Corporation LC rose 15.8% to close at $6.53 amid positive vaccine news.
- Independence Contract Drilling, Inc. ICD gained 15.7% to close at $3.09.
- Nikola Corporation NKLA climbed 15.4% to close at $25.42.
- Francesca's Holdings Corporation FRAN gained 15.1% to close at $2.97. Francesca’s recently announced it has adopted a plan to close roughly 140 boutiques by January 30th 2021.
- FTS International, Inc. FTSI rose 15.1% to close at $5.18.
- Veritone, Inc. VERI shares gained 14.5% to close at $14.13. Veritone, last week, posted upbeat quarterly results.
- Liminal BioSciences Inc. LMNL jumped 14.2% to close at $4.42. Liminal BioSciences, last week, released Q3 results.
- Weidai Ltd. WEI shares climbed 13.4% to close at $1.69 after the company regained compliance after receipt of NYSE non-compliance letter.
- GreenSky, Inc. GSKY climbed 11.7% to close at $4.10. GreenSky’s CEO David Zalik David bought 1,105,220 shares at an average price of $3.47.
- Waitr Holdings Inc. WTRH rose 11.4% to close at $3.1750 after a company director disclosed the purchase of 266,113 shares at $2.75 per share.
- Lordstown Motors Corp. RIDE gained 11.3% to close at $27.50. Lordstown Motors recently announced plans to begin production of its Lordstown Endurance in September 2021.
- Kodiak Sciences Inc. KOD climbed 11.2% to close at $127.01. The company late Tuesday priced its $560.9 million common stock offering.
- Medley Management Inc. MDLY rose 9.2% to close at $7.35. Medley Management, on Monday, posted a Q3 loss of $0.16 per share.
- Tata Motors Limited TTM rose 6.7% to close at $11.63 after gaining around 4% on Tuesday.
- Cellectis SA CLLS rose 6.7% to close at $21.02 after the FDA lifted its clinical hold on the MELANI-01 study evaluating UCARTCS1 in multiple myeloma.
- ATIF Holdings Ltd ATIF climbed 5% to close at $0.72 after the company announced it is preparing a securities investment fund aiming to invest in secondary markets and IPO projects. The fund is aiming to raise $100 million in the first phase and around $200 million to $300 million in the second phase.
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Check out these big penny stock gainers and losers
Losers
- CBAK Energy Technology, Inc. CBAT fell 33.6% to close at $6.46. CBAK Energy Technology entered into cancellation agreement with creditor who loaned aggregate of RMB$72 million to unit, Reuters reported.
- PaySign, Inc. PAYS shares dipped 31.6% to close at $4.20 on Wednesday after the company reported worse-than-expected Q3 earnings. DA Davidson downgraded PaySign from Buy to Neutral and lowered the price target from $9 to $6.
- Oncternal Therapeutics, Inc. ONCT fell 30.2% to close at $2.89 after the company announced an increase in its previously announced bought deal offering to 7.25 million shares at $3.10 per share.
- JOYY Inc. YY fell 26.5% to close at $73.66 after Muddy Waters Research issued a short report on the stock, alleging fraud.
- BeyondSpring Inc. BYSI dropped 18.5% to close at $11.53 after announcing a common stock offering of $75 million.
- Alterity Therapeutics Limited ATHE declined 18.4% to close at $1.82 following Monday's surge on positive patent news.
- CVD Equipment Corporation CVV dipped 17.8% to close at $4.53.
- Anterix Inc. ATEX fell 16.1% to close at $27.51 after JP Morgan downgraded the stock from Neutral to Underweight.
- Miragen Therapeutics, Inc. MGEN fell 15.3% to close at $17.65. Miragen Therapeutics shares jumped 32% on Tuesday after the company’s 10%+ owner Logos Global Master Fund reported a 476,667 share purchase at an average price of $4.76 per share.
- Sonoma Pharmaceuticals, Inc. SNOA declined 14.9% to close at $6.82.
- Aptevo Therapeutics Inc. APVO fell 14.9% to close at $35.39. Tang Capital Partners reported a 42.5% stake in Aptevo Therapeutics after the closing bell on Wednesday.
- Riot Blockchain, Inc. RIOT dipped 13.7% to close at $5.25.
- ProPhase Labs, Inc. PRPH fell 13.3% to close at $7.53. ProPhase Labs, earlier during the week, reported a Q3 loss.
- Net Element, Inc. NETE dropped 13.1% to close at $7.99. The company on Monday reported Q3 results.
- Nxt-ID, Inc. NXTD fell 12.5% to close at $0.3571 after climbing around 30% on Tuesday. NXT-ID was awarded US Patent 10,841,301 for ‘System and method to authenticate electronics using electronic-metrics.’
- Abraxas Petroleum Corporation AXAS fell 12% to close at $1.91.
- MoneyGram International, Inc. MGI dropped 11.8% to close at $7.28.
- Interpace Biosciences, Inc. IDXG fell 9.7% to close at $2.88 after the company said it is unable to file its Form 10-Q for the quarter ended September 30, 2020.
- Kingsoft Cloud Holdings Limited KC dipped 8.7% to close at $34.08 after the company reported worse-than-expected Q3 sales and issued Q4 sales guidance.
- Daqo New Energy Corp. DQ fell 8.5% to close at $39.87.
- Lowe's Companies, Inc. LOW fell 8.2% to close at $146.74 after reporting downbeat Q3 earnings.
- Avaya Holdings Corp. AVYA dropped 7.3% to close at $18.06 after the company reported worse-than-expected Q4 earnings.
- Norwegian Cruise Line Holdings Ltd. NCLH fell 7% to close at $20.52 after the company priced a 40 million share offering at $20.80 per share.
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