Why Shares Of Chinese Companies Are Trading Lower? Here Are 54 Stocks Moving In Wednesday's Mid-Day Session

Gainers

• Kala Pharmaceuticals, Inc. KALA shares gained 130.5% to $9.03 after the company announced FDA acceptance of a IND application for its KPI-012 for the treatment of persistent corneal epithelial defect.
• Minerva Surgical, Inc. UTRS shares jumped 90.1% to $0.3089 after the company reported a $30 million private placement of common stock led by Accelmed Partners.
• Jounce Therapeutics, Inc. JNCE climbed 61.3% to $1.19 after Gilead Sciences announced plans to acquire all remaining rights to the company's Immunotherapy GS-1811, an anti-CCR8 antibody, for $67 million.
• Gorilla Technology Group Inc. GRRR rose 51% to $6.80 after the company announced it is entering the MENA region with a security convergence offering in a multi-year, multi-million dollar deal.
• Innovative Eyewear, Inc. LUCY gained 44.6% to $1.33 after the company announced a multi-year, global licensing agreement with Authentic Brands Group for Eddie Bauer smart eyewear.
• Unico American Corporation UNAM jumped 35.2% to $1.5413.
• Pagaya Technologies Ltd.. PGY climbed 24.3% to $1.2801 after climbing 23% on Tuesday.
• Instil Bio, Inc. TIL gained 22.8% to $0.5902.
• Smart for Life, Inc. SMFL gained 22.7% to $0.2550.
• Heart Test Laboratories, Inc. HSCS surged 22.2% to $0.99.
• Cosmos Health Inc. COSM shares climbed 20.1% to $5.26.
• Cenntro Electric Group Limited CENN rose 20.1% to $0.4720.
• Virgin Orbit Holdings, Inc. VORB gained 13.7% to $1.8650.
• Miromatrix Medical Inc. MIRO shares rose 12.8% to $2.8220.
• TuSimple Holdings Inc. TSP gained 11.7% to $1.52.
• Aclarion, Inc. ACON rose 11.6% to $0.45.
• GlycoMimetics, Inc. GLYC gained 10.7% to $2.48.
• Mount Rainier Acquisition Corp. RNER shares rose 10.6% to $11.51.
• Lion Group Holding Ltd. LGHL rose 10.3% to $0.75 after dipping 36% on Tuesday. Lion Group recently posted a H1 loss of $0.52 per share.
• Dragonfly Energy Holdings Corp. DFLI gained 10.1% to $11.03.
• SmileDirectClub, Inc. SDC rose 10% to $0.3463 after dropping 10% on Tuesday.
• Meta Materials Inc. MMAT gained 9.9% to $1.08.
• Pharvaris N.V. PHVS jumped 8.9% to $10.94.
• T2 Biosystems, Inc. TTOO jumped 8.5% to $1.1505. T2 Biosystems announced extension of multiyear innovative technology contract with Vizient, Inc.
• Oatly Group AB OTLY surged 8.5% to $1.53.

Losers

• Model Performance Acquisition Corp. MPAC fell 36.6% to $8.64.
• Minerva Neurosciences, Inc. NERV shares dipped 30.3% to $1.6320. Minerva Neurosciences confirmed that the FDA's refuse letter from October 14, 2022 remains in effect.
• Schmitt Industries, Inc. SMIT fell 27.2% to $0.2510 after jumping around 40% on Tuesday.
• Neptune Wellness Solutions Inc. NEPT fell 23% to $0.2773 after surging over 35% on Tuesday. Shohaib Kassam Sumar disclosed a 5.1% active stake in Neptune Wellness Solutions.
• Unicycive Therapeutics, Inc. UNCY dropped 22.3% to $0.5207. Unicycive Therapeutics’ pivotal bioequivalence (BE) study comparing Renazorb to Fosrenol has met the primary endpoint.
• Tuesday Morning Corporation TUEM dropped 21.7% to $0.6499. Tuesday Morning recently announced it will voluntarily delist from the Nasdaq Capital Market.
• Pingtan Marine Enterprise Ltd. PME dropped 21.6% to $0.30. Pingtan Marine Enterprise recently announced receipt of Nasdaq Notification Letter.
• Alset Inc. AEI dropped 19.7% to $2.41.
• Quotient Limited QTNT fell 19.1% to $0.2995 after jumping around 95% on Tuesday. Quotient recently announced the intent to voluntary delist from the Nasdaq Global Market.
• Elys Game Technology, Corp. ELYS fell 18.9% to $0.3001. Elys Game Technology shares jumped around 112% on Tuesday after the company and Cloakbook were granted a license to commence sportsbook operations in Washington, D.C.
• Versus Systems Inc. VS dropped 16.9% to $0.5399.
• TAL Education Group TAL fell 16% to $7.41.
• HTG Molecular Diagnostics, Inc. HTGM fell 15.3% to $3.65. HTG Molecular Diagnostics recently announced the closing of a $10 million offering.
• HUYA Inc. HUYA fell 15% to $3.6950.
• Virax Biolabs Group Limited VRAX dropped 14.7% to $0.5885.
• ProKidney Corp. PROK fell 14.6% to $5.25.
• XORTX Therapeutics Inc. XRTX declined 14.4% to $0.80. XORTX recently announced completion of dosing in XRX-OXY-101 clinical study.
• CONSOL Energy Inc. CEIX fell 14.2% to $61.42. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
• Satixfy Communications Ltd. SATX dropped 13.5% to $4.5056.
• Mobile Global Esports Inc. MGAM dipped 13.4% to $0.97. Mobile Global Esports recently received a Nasdaq notification letter regarding its share price.
• AMC Entertainment Holdings, Inc. APE fell 13.2% to $1.6585 after gaining over 10% on Tuesday.
• Youdao, Inc. DAO fell 12.2% to $5.10. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
• AMTD Digital Inc. HKD dropped 11.8% to $10.75.
• Kiromic BioPharma, Inc. KRBP dropped 11.3% to $0.1532.
• Peabody Energy Corporation BTU fell 11.1% to $26.15. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
• Dada Nexus Limited DADA dropped 10.6% to $6.33. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
• TG Therapeutics, Inc. TGTX fell 9.6% to $7.07.
• iQIYI, Inc. IQ fell 9.4% to $4.2500. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
• DouYu International Holdings Limited DOYU fell 9.2% to $1.3251. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.

Also Check This Out Ethereum Slides Below $1,200; Terra Classic, Solana Among Top Losers