Why ZIM Integrated Shipping Services Shares Are Trading Lower By 14%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Gainers

  • Greenhill & Co., Inc. GHL shares jumped 116.4% to $14.67 after Mizuho announced it would acquire the company for $15 per share.
  • AVROBIO, Inc. AVRO gained 93.5% to $1.50 after the company announced it would sell its gene therapy program to Novartis for $87.5 million.
  • Microbot Medical Inc. MBOT rose 66% to $2.0450 after the company announced it achieved a 100% success rate for the LIBERTY system in an extensive pre-clinical animal study performed by leading European physicians.
  • Hepion Pharmaceuticals, Inc. HEPA shares gained 39.7% to $12.45 after the company announced results of its phase 2 study to treat liver function.
  • VectivBio Holding AG VECT climbed 38.5% to $16.20 after Ironwood Pharmaceuticals announced it would acquire the company for $17 per share.
  • Atea Pharmaceuticals, Inc. AVIR shares climbed 33.5% to $4.9375. Tang Capital Partners, Concentra sent acquisition proposal to Atea Pharmaceuticals with terms to acquire all of its outstanding common stock.
  • Appreciate Holdings, Inc. SFR gained 30% to $0.3551. Appreciate announced receipt of notice from Nasdaq regarding late filing of its form 10-Q and 10-K.
  • D-Wave Quantum Inc. QBTS surged 25.5% to $0.6080. Benchmark reiterated D-Wave Quantum with a Buy and maintained a $2 price target.
  • CNS Pharmaceuticals, Inc. CNSP shares climbed 24.3% to $1.9850 after gaining around 18% on Friday. CNS Pharmaceuticals posted a wider first-quarter loss.
  • SeqLL Inc. SQL shares climbed 23.9% to $0.4149 after dropping 14% on Friday. SeqLL recently posted a wider first-quarter loss.
  • Cricut, Inc. CRCT gained 22.2% to $8.78. Cricut declared a $234 million special cash dividend of $1/share to holders of the company’s Class A and Class B common stock.
  • Yunji Inc. YJ gained 19.8% to $0.22.
  • Histogen Inc. HSTO rose 18.7% to $1.00.
  • Absci Corporation ABSI jumped 18.7% to $1.65.
  • ADS-TEC Energy PLC ADSE rose 18.6% to $7.13.
  • Akebia Therapeutics, Inc. AKBA climbed 18.1% to $1.37 after the company announced UK MHRA approval of Vafseo for the treatment of symptomatic anemia associated with chronic kidney disease in adults on chronic maintenance dialysis.
  • Peraso Inc. PRSO gained 17.3% to $0.3050. Benchmark maintained Peraso with a Buy and lowered the price target from $2.5 to $1.5.
  • Outlook Therapeutics, Inc. OTLK rose 17.2% to $1.57.
  • Rackspace Technology, Inc. RXT jumped 16.6% to $1.3185.
  • Netcapital Inc. NCPL shares gained 16.1% to $2.29 after gaining over 6% on Friday.
  • Upstart Holdings, Inc. UPST jumped 14.6% to $26.41.
  • Recursion Pharmaceuticals, Inc. RXRX surged 14.5% to $7.36.
  • CI&T Inc CINT gained 14.2% to $4.0750. CI&T recently reported Q1 financial results.
  • ZyVersa Therapeutics, Inc. ZVSA rose 13.1% to $0.4821 after the company reported changes to ZyVersa’s board of directors.
  • IonQ, Inc. IONQ gained 13% to $10.04.
  • Nanobiotix S.A. NBTX gained 12.5% to $5.25. NANOBIOTIX recently issued an update on operational progress and reported financial results for the for the first quarter.
  • Kodiak Sciences Inc. KOD climbed 12.2% to $6.63. Kodiak Sciences recently reported a year-over-year increase in first-quarter EPS.
  • Celularity Inc. CELU shares climbed 9.6% to $0.7124. Celularity highlighted presentation of Phase 1 data on MLASC therapy in patients with Crohn's Disease.
  • Immix Biopharma, Inc. IMMX shares rose 8.5% to $1.7812 after the company announced NXC-201 clinical results showed 100% overall response rate in DARZALEX-relapsed or refractory AL amyloidosis with zero ICANs in the ongoing NEXICART-1 Phase 1b/2a trial.
  • NIO Inc. NIO gained 7.7% to $8.69 after the Chinese government announced interest rates would remain unchanged.

Losers

  • Rain Oncology Inc. RAIN shares dipped 87.3% to $1.2700 after the company’s Phase 3 MANTRA trial of milademetan in dedifferentiated liposarcoma, did not meet its primary endpoint of progression-free survival, compared to the standard of care, trabectedin.
  • Mallinckrodt plc MNK fell 45.1% to $3.46.
  • Monogram Orthopaedics, Inc. MGRM dropped 36% to $8.65.
  • Volcon, Inc. VLCN fell 34.5% to $0.7125 as the company reported $9 million in securities offerings and pricing of previously announced public offering.
  • Bright Health Group, Inc. BHG dropped 27% to $12.18.
  • Intercept Pharmaceuticals, Inc. ICPT fell 24.3% to $10.27. FDA's Gastrointestinal Drugs Advisory Committee voted 12 to 2—with two abstentions—that the benefits of Intercept Pharmaceuticals’ Ocaliva 25 mg, also known as Obeticholic acid (OCA), don't outweigh the risks in nonalcoholic steatohepatitis (NASH) patients with stage 2 or 3 fibrosis.
  • Daxor Corporation DXR shares dropped 23.1% to $9.61 after the company reported pricing of $4.0 million underwritten public offering.
  • SunCar Technology Group Inc. SDA fell 22.5% to $6.03 amid continued volatility following the recent completion of the company's combination with Goldenbridge Acquisition to become a publicly-traded company.
  • Enveric Biosciences, Inc. ENVB dipped 21.2% to $2.79. Enveric Biosciences announced manuscript detailing the development of novel psilocin prodrugs for the treatment of anxiety and other mental health disorders.
  • Interactive Strength Inc. TRNR fell 20.7% to $5.61.
  • Sigilon Therapeutics, Inc. SGTX fell 18.3% to $0.51 after the company announced a 1-for-13 reverse stock split.
  • Bluejay Diagnostics, Inc. BJDX dropped 17.5% to $0.2303.
  • WaveDancer, Inc. WAVD dipped 16% to $0.3359.
  • Ault Alliance, Inc. AULT dropped 15.3% to $12.45. Ault Alliance and BitNile Metaverse launched social gaming on the platform with the launch of Online Roulette.
  • ZIM Integrated Shipping Services Ltd. ZIM dipped 13.9% to $15.07 after the company reported a year-over-year decrease in first-quarter EPS results and worse-than-expected sales results.
  • Baudax Bio, Inc. BXRX fell 13.2% to $0.55. Baudax Bio recently posted a first-quarter loss of $3.19 per share.
  • Biocept, Inc. BIOC shares dropped 10.1% to $5.98. Biocept recently announced a 1-for-30 reverse stock split..
  • Nutex Health Inc. NUTX fell 8.7% to $0.5081.
  • Flora Growth Corp. FLGC fell 8% to $0.2392 after surging 8% on Friday. Flora Growth recently posted a narrower-than-expected quarterly loss.
  • The Vita Coco Company, Inc. COCO dropped 7.6% to $22.57 after the company reported a secondary offering of 4.5 million shares of common stock by selling stockholder.
  • Icahn Enterprises L.P. IEP fell 5.8% to $30.33.
  • Micron Technology, Inc. MU shares dropped 4.1% to $65.43 after China banned some of its product sales after a seven-week investigation into Micron.

Now Read This: Ethereum Trades Above $1,800; TRON Becomes Top Gainer

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasBiotechnologyHealth CareMid-Day MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!