28 Stocks Moving In Wednesday's Mid-Day Session

Gainers

• Immuron Limited IMRN shares jumped 40.2% to $3.5887. Immuron received funding of A$6.2 ($4.45) million from the U.S Department of Defense to examine a dosing regimen for Travelan more suited for use by the military.
• Fresh Vine Wine, Inc. VINE surged 38.3% to $6.74 after the company reported a partnership with CRAVE American Kitchen & Sushi Bar.
• Immix Biopharma, Inc. IMMX gained 28% to $6.95 after the company announced preclinical data of its lead program, IMX-110. The data showed that IMX-110 produced a 50% response rate in first-line-therapy-resistant cancer - soft tissue sarcoma (STS) mouse study, surpassing the STS standard of care doxorubicin’s 0% response rate in the same mouse study.
• Fathom Digital Manufacturing Corporation FATH shares climbed 26.9% to $6.74.
• Merida Merger Corp. I MCMJ rose 18.9% to $9.98. Leafly and Merida Merger Corp. I reported a $30 million convertible note financing.
• Kidpik Corp. PIK rose 15.7% to $7.00 after jumping more than 27% on Tuesday. Kidpik, last month, posted a Q3 loss of $0.22 per share.
• BTCS Inc. BTCS gained 15.2% to $6.49.
• Sonendo, Inc. SONX jumped 15% to $7.76. Sonendo recently issued Q4 and FY21 sales guidance above estimates.
• Qutoutiao Inc. QTT gained 14.3% to $3.18. Shares of several Chinese companies traded higher following data that showed China's inflation rose slower than expected in December, which increased policy easing optimism.
• Ebix, Inc. EBIX gained 11% to $34.47.
• Vinco Ventures, Inc. BBIG jumped 10.1% to $2.5773.
• Journey Medical Corporation DERM gained 10% to $6.05.
• Jaguar Health, Inc. JAGX rose 9.7% to $1.0199 following a 13G filing from Oasis Capital showing a 9.99% stake in the company.
• 51job, Inc. JOBS shares surged 9.4% to $50.14. 51job reported receipt of a proposal to amend merger consideration for going-private transaction.
• inTEST Corporation INTT gained 9.2% to $13.05.
• Planet Labs PBC PL shares rose 9.1% to $6.16 after Goldman Sachs initiated coverage on the stock with a Buy rating and a $11 price target.

Check out these big penny stock gainers and losers

Losers

• Prothena Corporation plc PRTA shares fell 15.8% to $32.96.
• Koninklijke Philips N.V. PHG shares dropped 15% to $32.96 after the company hiked the cost of its recall of ventilators and warned earnings would take a big hit from global supply chain shortages.
• Aclaris Therapeutics, Inc. ACRS dipped 14.6% to $10.98. Providing a R&D update, Aclaris Therapeutics said David Gordon, its chief medical officer left the company, effective Jan. 7. The company also announced update on its two Phase 2 programs that evaluate zunsemetinib in subjects with moderate to severe rheumatoid arthritis and in subjects with moderate to severe hidradenitis suppurative.
• Nam Tai Property Inc. NTP dropped 14.4% to $9.87. Nam Tai Property issued an update on local affairs and efforts to preserve social stability.
• Theravance Biopharma, Inc. TBPH shares declined 12.7% to $9.74. Theravance Biopharma recently reported enrollment of first patient in YUPELRI® Phase 4 study.
• Jefferies Financial Group Inc. JEF fell 9.7% to $37.42 after the company reported worse-than-expected Q4 sales results.
• Phio Pharmaceuticals Corp. PHIO shares fell 9.6% to $0.9299. Phio Pharmaceuticals shares gained 8% on Tuesday after the company announced regulatory clearance of the clinical trial of PH-762 to treat melanoma.
• ATA Creativity Global AACG fell 9.2% to $2.08.
• Lucira Health, Inc. LHDX shares declined 8.9% to $7.33. The company recently said that its Lucira™ Check-It PCR-Quality, At-Home Molecular COVID-19 Test is now available in the Optum Store.
• Biogen Inc. BIIB fell 8.7% to $220.53 following a U.S. Centers For Medicare listing for "Monoclonal Antibodies Directed Against Amyloid for the Treatment of Alzheimer's Disease."
• Hour Loop, Inc. HOUR dropped 7.8% to $6.20. The company recently priced its IPO at $4 per share.
• Wipro Limited WIT fell 7.7% to $8.77 following Q3 results. The company reported third-quarter FY22 gross revenue of $2.7 billion, an increase of 3.3% Q/Q and 29.6% Y/Y.