36 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Opthea Limited OPT shares surged 50.7% to $13.28. The company recently appointed Mrs. Karen Adams as Vice President of Finance and Company Secretary.
  • Kindred Biosciences, Inc. KIN shares jumped 45% to $9.19 after Elanco announced an agreement to acquire the company for $9.25 per share.
  • Aprea Therapeutics, Inc. APRE gained 41.2% to $6.85 after the company announced that the Phase 1/2 trial evaluating eprenetapopt in acute myeloid leukemia (AML) has met the pre-specified primary efficacy endpoint of complete remission (CR) rate.
  • Torchlight Energy Resources, Inc. TRCH rose 29% to $6.53. Torchlight Energy Resources shares jumped around 42% on Tuesday after the company late Monday declared a special dividend and said its combination with Metamaterial is expected to close before the end of June.
  • GTT Communications, Inc. GTT shares climbed 27.3% to $2.61.
  • Gaucho Group Holdings, Inc. VINO surged 22% to $4.98. Gaucho Group highlighted the launch of its Amazon Storefront.
  • BriaCell Therapeutics Corp. BCTX gained 16% to $7.03 after the company announced it is expanding its breast cancer platform into prostate, melanoma and lung cancers.
  • Camber Energy, Inc. CEI rose 16% to $0.7997.
  • Catabasis Pharmaceuticals, Inc. CATB rose 15.2% to $2.3499 after a 13G filing from Ra Capital showed a 7.5% stake in the company.
  • Forward Industries, Inc. FORD shares climbed 14.3% to $3.12 after the company announced a U.S. distribution agreement with Chipolo.
  • EXFO Inc. EXFO gained 14.3% to $6.78 after Viavi submitted a proposal to buy the company for $7.50 per share.
  • Altimmune, Inc. ALT rose 14% to $16.11 as the company announced results from a prespecified 6-week interim analysis of its Phase 1 trial of ALT-801 in healthy, overweight, and obese volunteers.
  • Maxar Technologies Inc. MAXR jumped 12.3% to $40.40 after Goldman Sachs initiated coverage on the stock with a Buy rating and announced a $52 price target.
  • Alfi, Inc. ALF gained 12% to $7.80 on continued strength after the company on Tuesday announced an agreement with All-Niter for the fulfillment, staging and shipment of 10,000 digital tablets to countrywide Uber and Lyft drivers.
  • Sunrun Inc. RUN jumped 11% to $47.90 after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $86 to $91.
  • SPI Energy Co., Ltd. SPI rose 9.8% to $7.20. SPI Energy’s unit, Phoenix Motorcars, recently announced it started production of third-generation electric products.
  • PDS Biotechnology Corporation PDSB gained 9.8% to $10.11. PDS Biotechnology shares fell over 28% on Tuesday after the company priced its underwritten public offering of 5,294,118 shares at $8.50 per share.
  • Entera Bio Ltd. ENTX rose 9.1% to $4.0660. B. Riley Securities initiated coverage on Entera Bio with a Buy rating and announced a price target of $9.
  • Arrival ARVL rose 8.1% to $21.50 after gaining around 6% on Tuesday.
  • Greenland Technologies Holding Corporation GTEC shares rose 7.5% to $9.77 after the company announced the launch of an online EV pre-booking service for its new GEL-1800 1.8 ton Electric Loader and its GEX-8000 Electric Excavator.


Check out these big penny stock gainers and losers

Losers

  • Inhibikase Therapeutics, Inc. IKT fell 22.4% to $3.13 after the company priced an underwritten public offering of 15 million shares at $3/share for gross proceeds of approximately $45 million.
  • Alzamend Neuro, Inc. ALZN shares dipped 19% to $10.95. Alzamend Neuro shares jumped 170% on Tuesday after the company priced its IPO at $5 per share
  • Blue Apron Holdings, Inc. APRN dropped 18.5% to $4.5050 after the company priced public offering of 4.706 million shares of Class A common stock at $4.25 per share.
  • Paratek Pharmaceuticals, Inc. PRTK fell 14.9% to $8.71. Paratek Pharmaceuticals initiated Phase 2b trial evaluating Nuzyra (omadacycline) for Nontuberculous Mycobacterial (NTM) Pulmonary Disease caused by Mycobacterium abscessus complex (MABc).
  • Nexa Resources S.A. NEXA dropped 14.2% to $8.39. Morgan Stanley, last week, downgraded the stock from Overweight to Equal-Weight and announced a $10.2 price target.
  • Uxin Limited UXIN fell 13.2% to $3.9150, continuing down from Tuesday. The stock initially gained on Tuesday after the company announced it secured $315 million in financing, but sold off.
  • Fusion Pharmaceuticals Inc. FUSN dropped 12% to $8.48. Fusion Pharmaceuticals recently announced the presentation of preliminary Phase 1 data from the single-dose portion of the study at the Society of Nuclear Medicine and Molecular Imaging Virtual Annual Meeting.
  • Glory Star New Media Group Holdings Limited GSMG fell 11.3% to $2.65.
  • TAL Education Group TAL dipped 10.4% to $25.85. China is planning a tough crackdown on the country's $120 billion private tutoring industry, Reuters reported.
  • Gaotu Techedu Inc. GOTU fell 10.4% to $14.04. China is planning a tough crackdown on the country's $120 billion private tutoring industry, Reuters reported.
  • TDH Holdings, Inc. PETZ fell 9.4% to $2.90 after jumping 19% on Tuesday.
  • H&R Block, Inc. HRB dropped 8.1% to $23.23 after the company reported results fro its fourth quarter.
  • Clearside Biomedical, Inc. CLSD shares fell 7.8% to $3.8322. Clearside Biomedical shares surged around 38% on Tuesday after the company announced safety results from Cohort 1 of OASIS, its ongoing Phase 1/2a clinical trial of CLS-AX in wet AMD. Primary endpoints in Cohort 1 were achieved.
  • Oracle Corporation ORCL fell 6.6% to $76.24. Oracle reported upbeat results for its fourth quarter, but issued weak profit forecast for the current quarter.
  • Document Security Systems, Inc. DSS fell 6.3% to $1.7050. Document Security Systems shares fell 34% on Tuesday after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company's common stock at a price of $1.50 per share.
  • Roblox Corporation RBLX fell 5% to $85.66 after announcing May user statistics. In the month of May, daily active users were 43.0 million for Roblox. This figure was up 28% year-over-year and down 1% from the month of April..
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