Gainers
- Scopus BioPharma Inc. SCPS shares jumped 123.7% to $13.33 after the company reported the FDA approval of IND application for CpG-STAT3siRNA, its distinctive immuno-oncology RNA therapy for the treatment of multiple cancers.
- MMA Capital Holdings, Inc. MMAC gained 58.2% to $27.05 after Fundamental Advisors announced plans to acquire the company in an all-cash transaction valued at $161.7 million.
- Aptorum Group Ltd APM gained 43% to $3.41 after the company highlighted interim Phase I clinical trial progress for ALS-4 and Pre-IND progress for SACT-1.
- Creative Realities, Inc. CREX shares jumped 35.1% to $1.7697. The company, last week, recently Q1 results.
- Obalon Therapeutics, Inc. OBLN shares jumped 30.7% to $4.47 after climbing 30% on Friday. Obalon Therapeutics recommended stockholders vote for all proposals related to merger with ReShape Lifesciences.
- Virgin Galactic Holdings, Inc. SPCE rose 15.5% to $24.33. Virgin Galactic’s VSS Unity spacecraft completed its first spaceflight from New Mexico's Spaceport America, AP reported.
- Veritiv Corp VRTV gained 14% to $57.20 after the company added $50 million to buyback program.
- Strongbridge Biopharma plc SBBP surged 13.3% to $2.73 after Xeris Pharmaceuticals agreed to acquire the company for stock and contingent value rights (CVRs), valuing Strongbridge at approximately $267 million.
- Inhibrx Inc INBX shares jumped 12.5% to $18.87. Inhibrx, earlier during the month, reported a Q1 loss.
- CLPS Inc CLPS climbed 11.7% to $4.58 after the company announced a strategic cooperation with MCT to jointly develop a next generation loan trading software and to explore global financial technology services market.
- Quest Resource Holding Corp QRHC gained 10.7% to $4.95.
- Contango Oil & Gas Co MCF climbed 10.7% to $4.20. The company, earlier during the month, reported Q1 results.
- CLPS Inc CLPS gained 9.8% to $4.50 after the company announced a strategic cooperation with MCT to jointly develop a next generation loan trading software and to explore global financial technology services market.
- Full House Resorts, Inc FLL gained 9.5% to $11.09.
- ThredUp Inc TDUP gained 9.2% to $23.76.
- UiPath Inc PATH gained 9.1% to $85.91.
- Lucira Health Inc LHDX shares climbed 8.7% to $5.11. Lucira Health, earlier during the month, reported a Q1 loss.
- Beyond Meat Inc BYND shares rose 8.2% to $115.35. Bernstein analyst Alexia Howard upgraded Beyond Meat from Underperform to Outperform and announced a $130 price target Monday.
Check out these big penny stock gainers and losers
Losers
- NGM Biopharmaceuticals, Inc. NGM shares dipped 40.2% to $16.98 after the company reported results from the 24-week Phase 2b ALPINE 2/3 study evaluating aldafermin in non-alcoholic steatohepatitis (NASH) patients with stage 2 or 3 liver fibrosis (F2/F3). The study did not meet its primary endpoint evaluating a dose-response improvement in liver fibrosis by more than 1 stage with no worsening of NASH at week 24 (p=0.55).
- Meten EdtechX Education Group Ltd. METX shares dropped 30.8% to $0.99 after the company priced its $40 million underwritten public offering of ordinary shares. Meten EdtechX Education shares jumped 15% on Friday after the company said April gross billing for junior English-language teaching was up 1,900%year over year and student enrollment was up 758% year over year.
- China Online Education Group – ADR COE shares fell 17.4% to $10.58 after dropping 15% on Friday.
- Castor Maritime Inc. CTRM shares fell 15% to $0.36. Castor Maritime reported a reverse stock split to be effective May 28, 2021.
- TAL Education Group TAL fell 13.1% to $37.30. TAL Education shares dropped 10% on Friday amid a potential rotation out of larger-cap Chinese education names in to smaller cap plays.
- Shift Technologies Inc SFT shares declined 12.9% to $6.51. Shift Technologies is seeking to raise $75 million from a private institutional offering of senior notes due 2026.
- New Oriental Education & Tech Grp EDU fell 12.7% to $9.70 after Chinese President Xi commented on the need for regulation in online education.
- ContextLogic Inc WISH fell 11.8% to $8.22.
- Newegg Commerce, Inc. NEGG dropped 11.8% to $11.94.
- Enveric Biosciences Inc ENVB fell 11.7% to $2.40. Enveric Biosciences announced plans to acquire MagicMed Industries.
- GSX Techedu Inc. GOTU fell 11.4% to $19.04. GSX Techedu is expected to release Q1 earnings on May 26.
- Puxin Limited NEW fell 11.1% to $2.24 after the company reported Q1 earnings.
- Big Rock Partners Acquisition Corp BRPA dropped 11.1% to $24.47 after dropping 24% on Friday.
- 89bio Inc ETNB fell 10.7% to $20.18.
- Moxian, Inc. MOXC fell 9.1% to $13.30.
- Stable Road Acquisition Corp SRAC shares declined 8.6% to $11.00. Stable Road Acquisition said Momentus has informed the company it does not expect to fly any missions in 2021 based on info from SpaceX.
- Navios Maritime Partners L.P. NMM dropped 7.9% to $30.30 after the company filed for an offering worth up to $110 million.
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