80 Biggest Movers From Yesterday

Gainers

• Sonnet BioTherapeutics Holdings, Inc. SONN shares gained 86.7% to close at $0.5150 on Wednesday after the company announced FDA clearance of its IND for SON-1010 for the treatment of advanced solid tumors.
• VNET Group, Inc. VNET jumped 83.3% to close at $7.00 on Wednesday after gaining around 5% on Tuesday.
• Zhihu Inc. ZH jumped 79.2% to close at $2.58 on Wednesday. Zhihu recently reported worse-than-expected Q4 EPS results.
• Kingsoft Cloud Holdings Limited KC shares jumped 72.3% to settle at $5.53 on Wednesday. Kingsoft Cloud said it is weighing a dual listing of shares on the Hong Kong Stock Exchange.
• Dingdong (Cayman) Limited DDL climbed 66.7% to close at $4.25 after dropping around 14% on Tuesday.
• JOYY Inc. YY jumped 66.4% to close at $42.27 following Q4 results.
• KE Holdings Inc. BEKE shares jumped 64.4% to close at $14.89 on Wednesday. Morgan Stanley upgraded KE Holdings from Equal-Weight to Overweight and lowered the price target from $23 to $16.
• DouYu International Holdings Limited DOYU gained 60.6% to settle at $2.28 following Q4 earnings.
• Chindata Group Holdings Limited CD climbed 60.3% to close at $6.38. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• MDJM Ltd MDJH gained 57.7% to close at $2.76.
• Pinduoduo Inc. PDD rose 56.1% to settle at $42.62. JP Morgan, on Monday, downgraded Pinduoduo from Overweight to Underweight and lowered the price target from $105 to $23.
• Fangdd Network Group Ltd. DUO gained 53.4% to close at $0.41 on Wednesday. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• Xinyuan Real Estate Co., Ltd. XIN jumped 53% to close at $1.0401.
• GDS Holdings Limited GDS gained 52.2% to settle at $37.10 after gaining over 15% on Tuesday.
• Hello Group Inc. MOMO surged 51.5% to close at $7.27. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• Dada Nexus Limited DADA gained 50.6% to close at $8.87. Dada Nexus said its local on-demand retail platform, JDDJ, will start booking COVID antigen self-test kits online.
• iQIYI, Inc. IQ rose 49.8% to close at $3.16. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• Tuya Inc. TUYA gained 48.2% to close at $2.95.
• Agora, Inc. API climbed 47.2% to close at $10.41.
• DiDi Global Inc. DIDI rose 41.7% to settle at $2.55.
• Bilibili Inc. BILI rose 47.6% to close at $27.83. JP Morgan, on Monday, downgraded Bilibili from Overweight to Underweight.
• Kanzhun Limited BZ gained 37.8% to close at $25.41 after climbing 15% on Tuesday.
• Full Truck Alliance Co. Ltd. YMM rose 35.8% to close at $6.79 after gaining around 8% on Tuesday.
• Hello Group Inc. MOMO gained 51.5% to close at $7.27.
• Dada Nexus Limited DADA jumped 50.6% to close at $8.87. JP Morgan, on Monday, downgraded Dada Nexus from Overweight to Neutral.
• Tuya Inc. TUYA climbed 48.2% to close at $2.95. Tuya recently posted Q4 loss of $0.06 per share.
• 360 DigiTech, Inc. QFIN climbed 43.7% to settle at $17.23. 360 DigiTech recently reported Q4 earnings results.
• FinVolution Group FINV gained 42.5% to close at $4.56. Citigroup maintained FinVolution with a Neutral and lowered the price target from $7.27 to $3.27.
• HUYA Inc. HUYA jumped 39.8% to close at $27.01. JP Morgan, on Monday, downgraded HUYA from Neutral to Underweight.
• Futu Holdings Limited FUTU jumped 39.5% to close at $36.63. Futu, last week, reported Q4 earnings results.
• JD.com, Inc. JD gained 39.4% to settle at $64.08. U.S. Tiger Securities analyst Bo Pei upgraded the China Internet Sector to Outperform from Neutral.
• Baidu, Inc. BIDU jumped 39.2% to close at $150.87. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• Kanzhun Limited BZ surged 37.8% to close at $25.41.
• Canaan Inc. CAN gained 37.6% to close at $4.76 after the company announced a $100 million buyback.
• Lufax Holding Ltd LU gained 36.9% to close at $27.01.
• Alibaba Group Holding Limited BABA jumped 36.8% to settle at $104.98 following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators. JPMorgan, on Monday, downgraded Alibaba Group to Underweight from Overweight.
• Burning Rock Biotech Limited BNR climbed 35.1% to settle at $9.05. Burning Rock recently secured second NGS kit approval from NMPA.
• Huize Holding Limited HUIZ shares jumped 34.3% to close at $0.9001 Huize Holding is expected to report Q4 financial results on March 18, 2022.
• Li Auto Inc. LI gained 31.9% to close at $26.05 after gaining 12% on Tuesday.
• Vipshop Holdings Limited VIPS jumped 31.8% to close at $8.48.
• UP Fintech Holding Limited TIGR shares gained 30.8% to close at $4.03 following a 10% surge on Tuesday.
• Noah Holdings Limited NOAH jumped 30% to settle at $27.01. B of A Securities maintained Noah Holdings with a Buy and lowered the price target from $51.5 to $35.
• Puxin Limited NEW gained 29.8% to close at $1.70.
• XPeng Inc. XPEV rose 29.6% to close at $27.53.
• Tencent Music Entertainment Group TME jumped 29.3% to settle at $4.63 after climbing around 15% on Tuesday.
• Trip.com Group Limited TCOM shares gained 28.4% to close at $23.34. JP Morgan, on Monday, downgraded Trip.com Group from Overweight to Neutral.
• I-Mab IMAB climbed 27.7% to settle at $17.21 after gaining around 8% on Tuesday.
• Grid Dynamics Holdings, Inc. GDYN rose 27.5% to close at $11.73.
• Baozun Inc BZUN rose 26.3% to close at $7.54. JP Morgan, on Monday, downgraded Baozun from Overweight to Underweight.
• ATRenew Inc. RERE rose 26.2% to close at $2.99. ATRenew recently reported better-than-expected Q4 sales results.
• NIO Inc. NIO jumped 25.6% to close at $18.75. Shares of Chinese companies traded higher following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with US regulators.
• Zai Lab Limited ZLAB rose 23.3% to close at $35.81.
• RLX Technology Inc. RLX gained 22.8% to close at $2.10. RLX Technology, last week, reported Q4 earnings results.
• GitLab Inc. GTLB rose 19.8% to settle at $42.74. Goldman Sachs maintained GitLab with a Neutral and lowered the price target from $100 to $86.
• Robinhood Markets, Inc. HOOD surged 15.8% to close at $12.78.
• MongoDB, Inc. MDB climbed 15.3% to settle at $343.82. Morgan Stanley maintained MongoDB with an Overweight and lowered the price target from $633 to $475.
• Membership Collective Group Inc. MCG shares gained 15.2% to close at $7.97 following quarterly results. The company’s CFO Humera Afzal will also leave his position in June.
• LianBio LIAN gained 15% to close at $3.23.
• SentinelOne, Inc. S gained 13.5% to close at $35.05following better-than-expected Q4 results and FY22 guidance.
• Waterdrop Inc. WDH rose 12.1% to close at $1.02.

Losers

• Tantech Holdings Ltd TANH shares dipped 68.8% to close at $0.4985 on Wednesday. Tantech said it intends to offer its securities in a public offering.
• Incannex Healthcare Limited IXHL shares fell 59.4% to close at $13.80 after jumping 55% on Tuesday.
• Blue Water Vaccines, Inc. BWV fell 38.1% to close at $42.00.
• NLS Pharmaceutics AG NLSP dipped 29% to settle at $1.25. NLS Pharmaceutics announced interim topline data from its Phase 2a trial of its lead product candidate, Quilience (Mazindol ER), in narcolepsy.
• Imperial Petroleum Inc. IMPP fell 25.3% to close at $2.04. Imperial Petroleum F-1 showed registration for 18.315m unit common stock and warrants offering.
• The Very Good Food Company Inc. VGFC dropped 24.8% to close at $0.40.
• SIFCO Industries, Inc. SIF dipped 24.7% to close at $5.27.
• Nine Energy Service, Inc. NINE fell 23.2% to settle at $2.51.
• Talis Biomedical Corporation TLIS dipped 23.1% to close at $1.30. Talis Biomedical said that it had not started its phased launch of the Talis One COVID-19 Test System due to challenges with manufacturing.
• Bird Global, Inc. BRDS fell 22.5% to close at $2.71 after reporting Q4 results. The company also gave Q1 and FY22 guidance.
• The Marygold Companies, Inc. MGLD fell 18.6% to close at $2.32.
• Direct Digital Holdings, Inc. DRCT fell 18.6% to settle at $2.19.
• Palisade Bio, Inc. PALI dipped 16.1% to close at $0.99. Palisade Bio announced data from a Pooled-Analysis of Studies LBS-IST-POI-101 and LBS-POI-201-CN (PROFILE-CN), highlighting LB1148 reduced incidence of adhesions by 72% in patients undergoing bowel resection.
• Jaguar Health, Inc. JAGX fell 15.7% to settle at $0.4593.
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• Intrepid Potash, Inc. IPI dipped 14.7% to close at $58.00. The company recently posted a profit for the fourth quarter.
• NortonLifeLock Inc. NLOK fell 13.3% to settle at $26.11 after the UK Competition and Markets Authority announced it would refer the company's Avast merger to a Phase 2 investigation of the company does not offer Phase 1 remedies.
• CKX Lands, Inc. CKX fell 12.2% to close at $10.42.
• Telos Corporation TLS dipped 11.3% to close at $1.84 following weak quarterly sales.
• S&W Seed Company SANW fell 11.1% to close at $1.84.
• AgriFORCE Growing Systems, Ltd. AGRI fell 10.4% to close at $3.37 after dropping 5% on Tuesday.