Why This Biotechnology Surged More Than 60%; Here Are 67 Biggest Movers From Yesterday

Gainers

• Ayala Pharmaceuticals, Inc. AYLA shares surged 94.3% to close at $1.69 on Tuesday after the company filed a request for the withdrawal of the Registration Statement on Form S-1.
• Pagaya Technologies Ltd. PGY jumped 73.1% to close at $16.74. The stock has seen continued volatility after the company completed its SPAC merger agreement last month.
• Freight Technologies, Inc. FRGT jumped 67.6% to close at $2.48 after the company announced it was awarded Samsung Mexico SDS business and has begun using its platform to assist with effecting Samsung's shipments from Mexico to the United States.
• Comera Life Sciences Holdings, Inc. CMRA gained 60.8% to settle at $2.75. Comera Life Sciences reported preclinical topline safety results of lead SQore Excipient.
• InflaRx N.V. IFRX climbed 38.1% to close at $1.92 after the company announced plans to apply for Emergency Use Authorization from the FDA for vilobelimab for the treatment of critically ill COVID-19 patients.
• Sunshine Biopharma, Inc. SBFM rose 32% to settle at $1.36.
• HTG Molecular Diagnostics, Inc. HTGM gained 30.1% to close at $1.22.
• Nutriband Inc. NTRB jumped 28.5% to close at $6.53. Nutriband said 1.2 million shares will be cancelled from total outstanding shares following final court judgment in favor of the company.
• AMTD Digital Inc. HKD rose 28.4% to settle at $56.31 on continued post-IPO volatility.
• Greenbrook TMS Inc. GBNH surged 24.6% to close at $2.38.
• Bellerophon Therapeutics, Inc. BLPH rose 19.9% to settle at $1.69.
• Versus Systems Inc. VS gained 19.6% to settle at $0.54 after the USPTO issued U.S. Patent No. 11,376,498 to the company to cover games and challenges that produce real world rewards inside of apps and streaming media.
• Evaxion Biotech A/S EVAX gained 19.3% to close at $3.03. Oppenheimer recently assumed Evaxion Biotech with an Outperform rating and announced a price target of $16.
• Mustang Bio, Inc. MBIO jumped 18.3% to close at $0.65.
• Covenant Logistics Group, Inc. CVLG gained 18.1% to settle at $34.51 following better-than-expected Q2 results.
• Chimerix, Inc. CMRX gained 17.7% to close at $2.40.
• Code Chain New Continent Limited CCNC rose 17.7% to close at $0.3611 after dropping over 19% on Monday.
• Zenvia Inc. ZENV surged 17.1% to settle at $2.46.
• ProKidney Corp. PROK rose 16.1% to close at $11.25.
• Endo International plc ENDP gained 16.1% to close at $0.5224.
• Vapotherm, Inc. VAPO jumped 15.5% to settle at $2.38.
• Venus Concept Inc. VERO rose 15.4% to close at $0.60.
• Talaris Therapeutics, Inc. TALS gained 15.1% to settle at $4.51.
• Empire Petroleum Corporation EP gained 14.7% to close at $10.39.
• Imperial Petroleum Inc. IMPP rose 14.6% to settle at $0.49.
• Redbox Entertainment Inc. RDBX rose 14.1% to settle at $6.33.
• Calix Inc CALX shares gained 13.7% to close at $50.38 after the company announced upbeat Q2 results and issued strong Q3 sales forecast.
• Bluejay Diagnostics, Inc. BJDX rose 13.3% to settle at $1.41. Bluejay Diagnostics posted a Q2 loss of $0.10 per share.
• Encore Wire Corporation WIRE shares jumped 10.5% to close at $122.50 after the company reported Q2 results.
• Shell Midstream Partners, L.P. SHLX gained 10.3% to close at $16.05 after the company, and Shell USA, announced the two have reached a definitive merger agreement.
• Virax Biolabs Group Limited VRAX rose 9.8% to close at $18.44 after the company announced it has launched distribution of Monkeypox and Varicella-Zoster Viruses Real Time PCR Detection Kits in response to the world's major Monkeypox outbreak.
• TrueBlue, Inc. TBI gained 7.7% to close at $20.64 following upbeat Q2 earnings.
• GeoVax Labs, Inc. GOVX gained 6.9% to close at $1.70. GeoVax Labs shares jumped 150% on Monday on news that WHO has declared Monkeypox a public health emergency over the weekend.
• Altisource Asset Management Corporation AAMC rose 6.2% to close at $16.46. Altisource Asset Management recently announced it purchased 286,873 shares of its common stock from Putnam Focused Equity Fund at $10 per share.
• STRATA Skin Sciences, Inc. SSKN rose 4.6% to settle at $1.15 after the company announced U.S. commercial launch of TheraClearX Acne Therapy System.

Losers

• Revelation Biosciences, Inc. REVB shares dipped 51.4% to close at $0.4910 on Tuesday after the company reported pricing of $5 million public offering. Revelation Biosciences shares jumped 55% on Monday after the company announced the data from its Phase 1b CLEAR clinical study of REVTx-99b met the primary endpoint.
• Luokung Technology Corp. LKCO fell 41.2% to close at $0.2350 after the company announced an $8 million registered direct offering priced at $0.30 per share.
• Exela Technologies, Inc. XELA shares fell 36.4% to close at $1.85 amid effectiveness of a 1-for-20 reverse stock split of the company's common stock.
• Onion Global Limited OG fell 32.1% to settle at $0.38 in sympathy with Walmart, which cut guidance amid inventory markdowns.
• Koss Corporation KOSS fell 25.8% to close at $8.31. Koss shares jumped 45% on Monday following a Bloomberg Law report titled "Apple, Koss Reach Deal in AirPods Patent Case on Eve of Trial."
• Sundial Growers Inc. SNDL fell 23.3% to close at $2.28 following effect of 1:10 reverse stock split.
• Trinseo PLC TSE fell 22% to close at $33.52 after the company announced it will pause the sale process of its styrenics business.
• Cyteir Therapeutics, Inc. CYT dropped 21.9% to settle at $2.71.
• Coinbase Global, Inc. COIN fell 21.1% to close at $52.93.
• Vinco Ventures, Inc. BBIG dipped 20.8% to close at $0.7920. Vinco Ventures postponed stockholder meeting from July 26, 2022 to August 23, 2022.
• Verb Technology Company, Inc. VERB dropped 20.3% to close at $0.6699.
• JE Cleantech Holdings Limited JCSE fell 19% to close at $1.96.
• Dermata Therapeutics, Inc. DRMA dropped 18.6% to close at $0.57.
• Aurinia Pharmaceuticals Inc. AUPH dropped 16% to settle at $8.82 after the company received a notice regarding the U.S. Patent Office Patent Trial and Appeal Board's decision to institute trial.
• BridgeBio Pharma, Inc. BBIO fell 15.8% to settle at $9.29. BridgeBio Pharma announced interim results from PROPEL 2 Phase 2 trial of infigratinib in children with achondroplasia, the most common form of short-limbed dwarfism.
• The Aaron's Company, Inc. AAN fell 15.3% to close at $13.13 after the company lowered its sales guidance for the full year.
• MINISO Group Holding Limited MNSO fell 15% to close at $6.13. Blue Orca Capital issued a short report on MINISO Group.
• Jaguar Health, Inc. JAGX fell 14.9% to close at $0.2850.
• Histogen Inc. HSTO dipped 14.7% to settle at $2.67.
• Airspan Networks Holdings Inc. MIMO fell 14.5% to close at $2.90.
• Missfresh Limited MF dipped 14.5% to settle at $0.25.
• Zedge, Inc. ZDGE fell 14.4% to close at $2.61.
• Nuvectis Pharma, Inc. NVCT declined 14.3% to settle at $9.54.
• Kaival Brands Innovations Group, Inc. KAVL dipped 14.2% to close at $1.1150. Kaival Brands recently announced the launch of PMI's self-contained e-vapor product, VEEBA, in Canada.
• Shopify Inc. SHOP dropped 14.1% to close at $31.55 after the company announced it will lay off 10% of its workforce.
• Borqs Technologies, Inc. BRQS fell 13.7% to close at $1.20.
• NextPlay Technologies, Inc. NXTP fell 13.6% to close at $0.2428.
• Party City Holdco Inc. PRTY dipped 13.5% to settle at $1.09.
• SpringBig Holdings, Inc. SBIG dropped 10.6% to close at $1.85.
• Rent-A-Center, Inc. RCII fell 10.3% to close at $21.09.
• Cooper-Standard Holdings Inc. CPS dropped 8.9% to close at $4.52.
• Walmart Inc. WMT shares fell 7.6% to close at $121.98 after the company cut guidance for the second quarter and full fiscal year. Walmart said it revised its outlook as a result of pricing actions aimed to improve inventory levels at Walmart and Sam's Club in the U.S. and mix of sales.