Why Smith Micro Software Shares Are Trading Lower By Over 46%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Gainers

• Lucira Health, Inc. LHDX jumped 354% to $0.6369 after the company announced FDA authorization for its at-home combination COVID-19 & flu test.
• ContraFect Corporation CFRX shares jumped 66% to $5.14.
• ObsEva SA OBSV jumped 56.5% to $0.1299. ObsEva shares dropped over 50% on Friday after the company announced strategic reorganization to consolidate operations in Switzerland.
• Blackboxstocks Inc. BLBX rose 33% to $0.7300. Blackboxstocks said it sees Q4 revenue of $950K-$1.05M.
• Moolec Science SA MLEC gained 25.3% to $5.14.
• AERWINS Technologies Inc. AWIN shares rose 24.5% to $2.0909 after gaining more than 10% on Friday.
• Fisker Inc. FSR shares climbed 24% to $6.95 after the company reported Q4 financial results. The company said Q4 and FY22 operational results were better than expected. FY22 total spending was below the company's anticipated range and its cash balance at year end 2022 was ahead of expectations.
• Rubius Therapeutics, Inc. RUBY jumped 23.3% to $0.1510.
• Opera Limited OPRA gained 20.4% to $8.80 after the company reported better-than-expected Q4 financial results.
• Troika Media Group, Inc. TRKA gained 20% to $0.3671 after gaining over 17% on Friday.
• Milestone Scientific Inc. MLSS jumped 18.2% to $0.76. Milestone Scientific named Peter Milligan as the CFO, on a part-time basis, effective Feb. 1, 2023.
• Altisource Asset Management Corporation AAMC gained 17.5% to $48.66. AAMC recently announced an agreement with B. Riley Financial to repurchase common stock.
• Kiromic BioPharma, Inc. KRBP shares rose 17.4% to $0.1995 after gaining over 5% on Friday.
• Fortress Biotech, Inc. FBIO gained 17% to $0.7698.
• Broadmark Realty Capital Inc. BRMK jumped 16.9% to $4.8588 after the company announced it would be acquired by Ready Capital in an all-stock deal.
• Ontrak, Inc. OTRK jumped 15.8% to $0.73.
• Sarcos Technology and Robotics Corporation STRC climbed 15.1% to $0.6836.
• Verastem, Inc. VSTM gained 13.8% to $0.51.
• Concord Medical Services Holdings Limited CCM gained 13.6% to $1.17.
• Universal Insurance Holdings, Inc. UVE gained 13.1% to $17.01. Piper Sandler upgraded Universal Insurance from Neutral to Overweight and raises the price target from $11 to $19.
• FREYR Battery FREY gained 12.6% to $9.30 following upbeat quarterly earnings.
• Seagen Inc. SGEN gained 11.9% to $180.51 following reports indicating pharmaceutical giant Pfizer Inc PFE is considering acquiring the biotech company. According to a Wall Street Journal report citing people familiar with the matter, Pfizer is in early stage talks to acquire Seagen.
• Union Pacific Corporation UNP gained 10.5% to $212.99 after the company said it would name a new CEO in 2023 after hedge fund Soroban Capital Partners called for leadership changes. B of A Securities upgraded the stock from Neutral to Buy.
• Inpixon INPX rose 9.5% to $1.2596.
• Kosmos Energy Ltd. KOS gained 9% to $8.24 following better-than-expected quarterly results.

Losers

• Smith Micro Software, Inc. SMSI shares dipped 46.4% to $1.3392 after the company announced notice of termination from Tier 1 carrier for the company's family safety solution.
• Mount Rainier Acquisition Corp. RNER dropped 43.3% to $5.16 after company’s general meeting was cancelled on Sunday, seeing reports that investors in merging co. hub security's SPAC have not deposited the money due before merger, according to Calcalist.
• Reata Pharmaceuticals, Inc. RETA fell 24.45 to $33.66.
• Movella Holdings Inc. MVLA dropped 23.2% to $2.7088.
• TEGNA Inc. TGNA fell 21.3% to $1.3392 after the Federal Communications Commission said it would hold a hearing to review the company's pending acquisition by Standard General. The company also posted downbeat quarterly results.
• Ambow Education Holding Ltd. AMBO dipped 18.8% to $0.3058.
• Atlas Lithium Corporation ATLX dropped 17.2% to $12.21.
• Apexigen, Inc. APGN fell 17% to $1.0702. Apexigen has engaged Ladenburg thalmann to evaluate strategic alternatives and plans to reduce its workforce by 55%.
• Locafy Limited LCFY dropped 16.7% to $8.37.
• Genprex, Inc. GNPX fell 16.2% to $1.14 after the company announced a $4 million reigstered direct offering with an institutional investor.
• Cuentas Inc. CUEN dropped 15% to $0.7099.
• Ready Capital Corporation RC dropped 14.5% to $10.69 after the company announced it would acquire Broadmark Realty with Ready Capital stock.
• Bridger Aerospace Group Holdings, Inc. BAER fell 13.9% to $6.80. Jeffrey E. Kelter reported a 22.4% stake in a 13D filing on Thursday.
• fuboTV Inc. FUBO fell 13.6% to $2.0050 after the company reported Q4 financial results.
• Connexa Sports Technologies Inc. CNXA fell 13% to $0.1820 after jumping more than 49% on Friday.
• Manchester United plc MANU dropped 12.5% to $20.01 following an article from FT's Lex-in-depth, in which the FT said it calculated the club is worth around $1.6 billion.
• Cyren Ltd. CYRN fell 11.9% to $0.2997 after surging around 62% on Friday. CYREN, last week, said it will be delisted from the Nasdaq.
• LendingTree, Inc. TREE dipped 11.2% to $33.09 following Q4 results.
• SoundHound AI, Inc. SOUN fell 10.9% to $3.1750.
• Ocean Biomedical, Inc. OCEA shares dropped 10.4% to $8.95 after dropping over 7% on Friday. Ocean Biomedical recently issued a press release celebrating the discovery of bispecific antibodies and immune checkpoint inibitors that kill glioblastoma cells and melanoma cells and block the metastasis of malignant melanoma cells to the lung by over 90%.
• Definitive Healthcare Corp. DH fell 8.8% to $10.95.
• SeqLL Inc. SQL fell 7.8% to $0.6998. SeqLL recently announced pricing of an $1.8 million registered direct offering.
• Taboola.com Ltd. TBLA fell 6% to $3.1050. Taboola.com shares dropped 19% on Friday after the company reported Q4 financial results.

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