54 Biggest Movers From Thursday

Gainers

• 22nd Century Group, Inc. XXII surged 38.6% to settle at $3.05. The FDA authorized marketing of tobacco products that help reduce exposure to and consumption of nicotine for smokers who use them.
• The Oncology Institute, Inc. TOI gained 38.5% to close at $10.44.
• Pasithea Therapeutics Corp. KTTA shares climbed 36.7% to close at $2.01 on Thursday. Pasithea recently said it expanded its footprint with second Ketamine Therapy Clinic in the UK.
• Eliem Therapeutics, Inc. ELYM gained 31% to settle at $14.19. Eliem Therapeutics, during November, reported a Q3 loss of $0.70 per share.
• REE Automotive Ltd. REE jumped 26.6% to close at $5.04. Hitachi and Ree Automotive recently agreed on collaboration to advance and simplify the adoption of sustainable electric vehicles globally.
• Biofrontera Inc. BFRI gained 25.4% to close at $13.17.
• Theseus Pharmaceuticals, Inc. THRX jumped 24.1% to settle at $11.14.
• Allakos Inc. ALLK surged 22.2% to close at $10.45. Morgan Stanley maintained Allakos with an Equal-Weight and lowered the price target from $86 to $10. Allakos shares tumbled 90% on Wednesday after the company reported data from ENIGMA 2 Phase 3 study of lirentelimab in eosinophilic gastritis (EG) or eosinophilic duodenitis (EoD) and KRYPTOS Phase 2/3 study of lirentelimab in eosinophilic esophagitis (EoE).
• Genocea Biosciences, Inc. GNCA shares jumped 19.7% to close at $1.2450 after gaining over 7% on Wednesday.
• Nxt-ID, Inc. NXTD gained 19.7% to close at $4.01.
• View, Inc. VIEW shares climbed 19% to close at $4.57. View recently entered a strategic agreement with RXR Realty to combine the WorxWell data analytics platform into its technology stack.
• HTG Molecular Diagnostics, Inc. HTGM gained 18.1% to settle at $4.37. HTG recently completed HTP product next-phase development milestone.
• Nikola Corporation NKLA jumped 18% to close at $11.09 following a tweet by the company highlighting the delivery of its first truck to a customer.
• TRACON Pharmaceuticals, Inc. TCON rose 18% to settle at $3.6450.
• Sunlight Financial Holdings Inc. SUNL gained 17% to close at $4.48.
• BioSig Technologies, Inc. BSGM jumped 16.9% to settle at $2.70.
• Lightning eMotors, Inc. ZEV surged 16.5% to close at $6.79.
• Finch Therapeutics Group, Inc. FNCH shares gained 15.8% to close at $10.79.
• Xilio Therapeutics, Inc. XLO jumped 15.7% to close at $16.00.
• NextDecade Corporation NEXT gained 15.6% to settle at $3.19.
• New Pacific Metals Corp. NEWP surged 15.5% to close at $3.42.
• Archer Aviation Inc. ACHR rose 14.5% to close at $6.86.
• Sunlight Financial Holdings Inc. SUNL jumped 17% to settle at $4.48. Sunlight Financial, last month, reported Q3 sales of $30.00 million.
• Hyzon Motors Inc. HYZN rose 13.6% to close at $7.08 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $12 price target.
• Osmotica Pharmaceuticals plc OSMT rose 11.3% to close at $1.18. HC Wainwright & Co. initiated coverage on Osmotica Pharmaceuticals with a Buy rating and announced a price target of $5.
• XL Fleet Corp. XL jumped 9.8% to close at $3.81.
• Scientific Games Corporation SGMS climbed 9% to close at $67.75 after the company announced it has withdrew its offer to acquire the remaining 19% equity interest in SciPlay.
• uCloudlink Group Inc. UCL climbed 8.9% to close at $3.30.
• Energy Focus, Inc. EFOI gained 8.7% to close at $4.02.
• Bright Health Group, Inc. BHG gained 7.1% to close at $3.76. Morgan Stanley recently downgraded Bright Health from Equal-Weight to Underweight and lowered the price target from $5 to $4.
• Sigilon Therapeutics, Inc. SGTX gained 7.1% to close at $3.00. Canaccord Genuity maintained Sigilon Therapeutics with a Buy and lowered the price target from $12 to $7.
• ESS Tech, Inc. GWH gained 6.6% to close at $13.50. Baird recently initiated ESS Tech with an Outperform rating and a price target of $15, implying an upside of 17.6%.

Check out these big penny stock gainers and losers

Losers

• InnovAge Holding Corp. INNV shares fell 35.6% to close at $5.31 on Thursday. The Centers for Medicare and Medicaid Services (CMS) has determined to suspend new enrollments at InnovAge Holding’s Colorado centers based on deficiencies detected in an audit.
• Zhangmen Education Inc. ZME dropped 28.7% to settle at $6.05.
• American Virtual Cloud Technologies, Inc. AVCT fell 24% to close at $1.90 after jumping 34% on Wednesday.
• CNFinance Holdings Limited CNF dropped 20.3% to settle at $2.99.
• Longeveron Inc. LGVN fell 18.9% to close at $13.70.
• Nuverra Environmental Solutions, Inc. NES dipped 18.6% to settle at $2.01. Nuverra Environmental Solutions recently entered into merger agreement with Select Energy Services.
• Quidel Corporation QDEL dipped 17.4% to close at $137.39 after the company announced it will acquire Ortho Clinical Diagnostics for $24.68 per share in cash and stock.
• Acasti Pharma Inc. ACST fell 17.2% to settle at $1.40. Acasti Pharma jumped over 52% on Wednesday after Oppenheimer initiated coverage on the stock with an Outperform rating and a $6 price target.
• Hyperfine Inc. HYPR dropped 15.8% to close at $9.19.
• Evelo Biosciences, Inc. EVLO declined 15.1% to settle at $6.79. Evelo Bio’s 8-K showed that the company gave planned updates to study protocol for Phase 2 trial of EDP1815 in atopic dermatitis.
• Codex DNA, Inc. DNAY dropped 14.4% to close at $6.31. Codex DNA highlighted release of new full-length synthetic genome of SARS-CoV-2 virus for omicron.
• GreenPower Motor Company Inc. GP fell 13.1% to close at $8.86.
• SciPlay Corporation SCPL fell 12.8% to close at $13.49 after the company reported its independent special committee was unable to reach a deal with Scientific Games.
• Inspira Technologies Oxy B.H.N. Ltd. IINN dropped 12.4% to close at $3.66.
• Lilium N.V. LILM dropped 12.2% to close at $7.83 after climbing around 15% on Wednesday.
• Crocs, Inc. CROX fell 11.6% to close at $123.53 after the company announced the acquisition of HEYDUDE for $2.5 billion.
• NEXGEL, Inc. NXGL dropped 11.4% to settle at $3.12. The company recently priced its IPO at $5.50 per share.
• Reliance Global Group, Inc. RELI fell 10.7% to close at $4.32. Reliance Global Group recently announced definitive agreement to acquire Medigap Health Insurance Company for $19.6 million in cash and stock.
• Willdan Group, Inc. WLDN fell 10.6% to close at $32.08. Willdan recently won a $90 million contract to reduce greenhouse gas emissions in New York Housing.
• Mission Produce, Inc. AVO shares fell 8.5% to close at $15.82 after the company reported weaker-than-expected results for its fourth quarter on Wednesday.
• TMC the metals company Inc. TMC dropped 8.1% to close at $2.05.
• JD.com, Inc. JD fell 6.9% to close at $68.65 after Tencent said it will distribute the majority of its shares in JD.com, valued at HKD 127.7 billion ($16.4 billion), to its shareholders as an interim dividend, effectively diluting its stake in JD.Com from around 17% to about 2.3%.