Why Sonnet BioTherapeutics Shares Surged Over 66%; Here Are 63 Biggest Movers From Yesterday

Gainers

• Sonnet BioTherapeutics Holdings, Inc. SONN climbed 66.4% to close at $1.93 on Monday after the company announced an agreement with Janssen for the evaluation of three Sonnet product candidates.
• Acorda Therapeutics, Inc. ACOR gained 63.4% to close at $1.07. Acorda Therapeutics recently provided long-term financial guidance.
• 1847 Holdings LLC EFSH shares jumped 39.9% to close at $2.63 on Monday after the company reported it sees over $60 million in revenue and over $7 million in cash flow from operations in 2023 from its existing portfolio.
• Actinium Pharmaceuticals, Inc. ATNM surged 39.2% to close at $13.54 after the company announced the results from its pivotal Phase 3 SIERRA trial of iomab-b in patients with active relapsed or refractory acute myeloid leukemia met its primary endpoint of durable complete remission.
• Shineco, Inc. SISI gained 38% to settle at $1.09. Shineco recently announced plans to acquire 51% equity interest in Changzhou Biowin Pharmaceutical Co., Ltd.
• Getty Images Holdings, Inc. GETY shares gained 34.7% to close at $6.80.
• Sientra, Inc. SIEN gained 31.1% to settle at $0.2748.
• Aravive, Inc. ARAV climbed 23.6% to close at $1.31. Aravive recently announced approximately $41.5 million private placement financing.
• Arcadia Biosciences, Inc. RKDA rose 20.3% to close at $0.4210.
• Monopar Therapeutics Inc. MNPR gained 19.4% to close at $2.46.
• China Liberal Education Holdings Limited CLEU surged 18.9% to close at $1.57.
• Gritstone bio, Inc. GRTS gained 18.8% to close at $3.22. Piper Sandler initiated coverage on Gritstone Bio with an Overweight rating and announced a price target of $6.
• TrueCar, Inc. TRUE surged 18.4% to close at $1.80. JP Morgan upgraded TrueCar from Underweight to Overweight.
• Nikola Corporation NKLA gained 18.4% to close at $3.79 after the company announced a hydrogen supply collaboration with Keystate.
• Canopy Growth Corporation CGC rose 18.4% to settle at $3.73. Shares of cannabis companies traded higher after Senate Majority Leader Schumer said Congress is 'very close' to passing a marijuana banking and expungements bill.
• Enservco Corporation ENSV gained 17.6% to close at $2.61.
• Steakholder Foods Ltd. STKH jumped 17.2% to close at $2.32.
• Farmer Bros. Co. FARM rose 16.7% to settle at $6.00.
• Performant Financial Corporation PFMT gained 16% to settle at $2.32.
• Renalytix Plc RNLX rose 13.4% to close at $1.95 after reporting FY22 results.
• Cimpress plc CMPR gained 13.2% to close at $23.28. Barrington Research maintained Cimpress with an Outperform and lowered the price target from $76 to $57.
• Gol Linhas Aéreas Inteligentes S.A. GOL climbed 12.5% to close at $3.70 amid volatility in Brazilian stocks following the election of Lula as president.
• RPC, Inc. RES surged 12.4% to close at $11.13. The company recently posted upbeat quarterly earnings.
• Global Partners LP GLP gained 12.2% to close at $33.58.
• Tilray Brands, Inc. TLRY rose 12.1% to settle at $4.07. Shares of cannabis companies traded higher after Senate Majority Leader Schumer said Congress is 'very close' to passing a marijuana banking and expungements bill.
• Silicom Ltd. SILC climbed 11.9% to close at $44.66 following upbeat Q3 results.
• Anterix Inc. ATEX rose 11.3% to close at $38.35.
• Opera Limited OPRA gained 10.7% to settle at $4.77 after Cowen maintained an Outperform rating on the stock and raised its price target form $10.50 to $12.50.
• Insperity, Inc. NSP gained 10.2% to close at $118.02 after the company reported better-than-expected Q3 EPS results and raised its FY22 EPS guidance above analyst estimates.
• Presto Automation, Inc. PRST jumped 10.1% to close at $1.85.
• First Solar, Inc. FSLR surged 9.7% to close at $145.57 after B of A Securities maintained a Buy rating on the stock and raised its price target from $138 to $165.
• Berkeley Lights, Inc. BLI rose 7.3% to close at $2.22. Berkeley Lights is expected to report Q3 financial results on November 8, 2022.

Losers

• Quanergy Systems, Inc. QNGY shares tumbled 68.2% to close at $1.05 on Monday after the company priced its $16.7 million offering.
• Y-mAbs Therapeutics, Inc. YMAB dipped 59.8% to close at $3.61 after the FDA Oncologic Drugs Advisory Committee voted Y-mAbs did not provide sufficient evidence to conclude its treatment improves overall survival.
• TuSimple Holdings Inc. TSP dipped 45.6% to close at $3.43 following a media report stating the company is being investigated over ties to a Chinese startup. TuSimple board terminated CEO, President, and Chief Technology Officer Dr. Xiaodi Hou from his position.
• Satixfy Communications Ltd. SATX dropped 44.5% to close at $16.31.
• Argo Blockchain plc ARBK declined 43.7% to close at $1.11 after the company announced it believes its previously announced non-binding LOI with a strategic investor to raise $27 million via a subscription for ordinary shares will no longer be consummated. Roth Capital downgraded Argo Blockchain from Neutral to Sell and lowered the price target from $2 to $0.25.
• Quotient Limited QTNT declined 37.4% to close at $0.0806. Quotient announced intent to effect 1-for-40 reverse stock split November 22.
• Instil Bio, Inc. TIL fell 37.1% to close at $3.30 after the company voluntarily paused enrollment of its ongoing clinical trials.
• Ucommune International Ltd UK declined 29.4% to close at $1.27.
• D-Wave Quantum Inc. QBTS fell 24.4% to close at $2.91.
• Starry Group Holdings, Inc. STRY dipped 23.8% to close at $0.2210. Citigroup downgraded Starry Group Holdings from Neutral to Sell and lowered the price target from $3.75 to $0.25.
• ReTo Eco-Solutions, Inc. RETO dropped 22.5% to close at $0.55.
• Genius Group Limited GNS fell 21.5% to close at $1.06. Genius Group recently announced 1H revenue of $7.44 million.
• Tantech Holdings Ltd TANH dropped 21.4% to close at $0.1294 after the company announced a reverse stock split.
• Inventiva S.A. IVA fell 21.4% to close at $4.58. Inventiva said AbbVie communicated that they decided to stop the development of cedirogant (ABBV-157) for the treatment of autoimmune disease.
• Leju Holdings Limited LEJU declined 18.8% to close at $1.32.
• Golden Sun Education Group Limited GSUN dropped 18.6% to close at $21.16.
• ESSA Pharma Inc. EPIX dipped 18.4% to close at $3.60 after the company announced Janssen Research and Development is suspending enrollment into the Phase 1 clinical study of EPI-7386 with apalutamide or EPI-7386 with abiraterone acetate plus prednisone.
• Schmitt Industries, Inc. SMIT dropped 18.2% to close at $1.2850.
• Freight Technologies, Inc. FRGT fell 17.8% to settle at $0.4193.
• Edible Garden AG Incorporated EDBL fell 17.2% to close at $0.5702. Edible Garden recently added three new, greenhouse grown, salad kits to its list of Stock Keeping Units (SKU).
• Ensysce Biosciences, Inc. ENSC dropped 16.8% to close at $3.23. Ensysce Biosciences announced topline results from a human abuse potential (HAP) study for PF614.
• Apexigen, Inc. APGN declined 14.9% to close at $2.2550.
• Fangdd Network Group Ltd. DUO fell 13.4% to close at $1.68 after jumping around 27% on Friday.
• Waterdrop Inc. WDH fell 12.2% to close at $1.30.
• T Stamp Inc. IDAI dropped 10.4% to close at $0.8155.
• GDS Holdings Limited GDS fell 10.4% to settle at $8.63.
• Advanced Human Imaging Limited AHI dropped 9.5% to close at $0.48.
• ON Semiconductor Corporation ON declined 9% to close at $61.43 after the company reported Q3 financial results and issued Q4 guidance.
• Global Payments Inc. GPN fell 8.8% to close at $114.26 following downbeat quarterly earnings.
• Newell Brands Inc. NWL dropped 8.2% to close at $13.81. Barclays downgraded Newell Brands from Equal-Weight to Underweight and lowered the price target from $16 to $11.
• DoorDash, Inc. DASH dipped 7.5% to close at $43.53.