Gainers
- UTime Limited UTME jumped 97.4% to $76.99. UTime shares jumped 875% on Tuesday after the company priced its IPO at $4 per share.
- XL Fleet Corp. XL surged 26.4% to $10.57.
- Odonate Therapeutics, Inc. ODT gained 25% to $4.31.
- Ouster, Inc. OUST surged 21.4% to $9.53 after Citigroup initiated coverage on the stock with a Buy rating and announced a $17 price target.
- SOS Limited SOS shares gained 20.7% to $5.43. A post on a Reddit thread late Tuesday, which has since then been deleted, called upon traders to buy the stock to initiate a short squeeze over the next five trading days.
- Titan Medical Inc. TMDI rose 17.3% to $2.0999. Oppenheimer initiated coverage on Titan Medical with an Outperform rating and announced a price target of $4.
- Greenwich LifeSciences, Inc. GLSI rose 16.5% to $58.25 after climbing 18% on Tuesday.
- ION Geophysical Corporation IO gained 16% to $2.47. ION Geophysical, recently, reported preliminary Q1 results.
- Insignia Systems, Inc. ISIG rose 16.4% to $7.52.
- Astrotech Corporation ASTC gained 14% to $2.485 after the company's subsidiary, BreathTech Corp. announced it has signed an agreement with Cleveland Clinic Foundation to develop a rapid COVID-19 breath test.
- Canoo Inc. GOEV climbed 14% to $10.56.
- 9 Meters Biopharma, Inc. NMTR rose 12.2% to $1.2450 after Form 4 filings from company executives showed the CEO bought 100k shares and CFO bought 50k shares.
- IZEA Worldwide, Inc. IZEA gained 11.6% to $5.09.
- Biohaven Pharmaceutical Holding Company Ltd. BHVN jumped 10.7% to $72.85.
- Altimeter Growth Corp. AGC rose 7% to $13.58 after gaining over 4% on Tuesday.
Check out these big penny stock gainers and losers
Losers
- FibroGen, Inc. FGEN fell 37.2% to $21.75 after after a murky disclosure for roxadustat, the company’s anemia treatment in chronic kidney disease patients. While preparing for an advisory committee meeting ahead of potential approval of roxadustat, FibroGen said it realized it submitted altered information to the FDA about the drug’s cardiovascular safety.
- The GEO Group, Inc. GEO dropped 18.7% to $6.34 after the company announced it is suspending its quarterly dividend to 'maximize repayment of debt while it evaluates corporate structure.'
- CoreCivic, Inc. CXW fell 17.7% to $7.47 after the company filed for a mixed shelf offering.
- Homology Medicines, Inc. FIXX fell 17.6% to $7.66 after the company priced its underwritten public offering for proceeds of approximately $50.0 million.
- Elite Education Group International Limited EEIQ dropped 16.3% to $7.12.
- Galectin Therapeutics Inc.GALT fell 14% to $2.41 after climbing 35% on Tuesday. The company recently announced the launch of NAVIGATEnash.com, its dedicated trial website.
- AeroCentury Corp. ACY declined 14% to $11.16.
- Maxeon Solar Technologies, Ltd. MAXN dropped 13.4% to $24.72.
- PLBY Group, Inc. PLBY declined 12.6% to $25.94. Roth Capital maintained PLBY Group with a Buy and raised the price target from $26 to $35.
- Romeo Power, Inc. RMO fell 11.4% to $11.33 after jumping around 60% on Tuesday. Romeo Power and PACCAR entered into long-term supply agreement for Peterbilt 579 and 520 battery-electric vehicles.
- Xcel Brands, Inc. XELB dropped 10.7% to $2.4982.
- Second Sight Medical Products, Inc. EYES dipped 9.1% to $8.57.
- Scienjoy Holding Corporation SJ fell 8.8% to $11.39. Scienjoy shares surged 30% on Tuesday after the company announced a strategic alliance with Snipp to launch a new loyalty and rewards system and to explore Bitcoin and NFT rewards for its approximately 250 million users and 300,000 broadcasters..
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