Why Asset Entities Shares Are Trading Higher By 142%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Gainers

• Asset Entities Inc. ASST shares jumped 142% to $2.79 after the company announced the development of an AI bot as part of its AE360DDM suite of services on Discord.
• Micromobility.com Inc. MCOM shares rose 91.2% to $0.44.
• Chinook Therapeutics, Inc. KDNY jumped 55.9% to $37.40 after Novartis agreed to acquire the company for $40 per share in cash.
• Advanced Health Intelligence Ltd. AHI shares gained 44% to $3.14 after jumping 581% on Friday.
• Auddia Inc. AUUD shares climbed 39.4% to $0.6042. Auddia reported the launch of its faidr 3.0 mobile app.
• Infobird Co., Ltd IFBD shares climbed 38.8% to $2.02. Infobird recently regained compliance with Nasdaq minimum bid price requirement.
• Sono Group N.V. SEV rose 28.6% to $0.2930.
• Motus GI Holdings, Inc. MOTS jumped 26.4% to $0.92.
• Marker Therapeutics, Inc. MRKR surged 23% to $3.09 after it reported first patient was treated in the company's Phase 1 APOLLO trial of MT-601 for lymphoma patients.
• Vera Therapeutics, Inc. VERA shares gained 20.5% to $9.36.
• Tian Ruixiang Holdings Ltd TIRX gained 20.5% to $2.0484.
• Vera Therapeutics, Inc. VERA climbed 19.2% to $9.27.
• Recruiter.com Group, Inc. RCRT surged 18% to $0.3191.
• Olema Pharmaceuticals, Inc. OLMA rose 16% to $9.07.
• Precigen, Inc. PGEN rose 15.6% to $1.3650.
• Gracell Biotechnologies Inc. GRCL climbed 15% to $4.6016.
• Carnival Corporation CCL gained 14.4% to $14.98 after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $11 to $16. Also, B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $11 to $20.
• Kingsoft Cloud Holdings Limited KC rose 14.5% to $5.91.
• The Marygold Companies, Inc. MGLD gained 14% to $1.31.
• XPeng Inc. XPEV shares climbed 12.9% to $10.01 after the company said it received more than 25,000 pre-sale orders in China for its G6 SUV in just three days.
• NET Power Inc. NPWR gained 11.5% to $16.30.
• Disc Medicine Opco Inc IRON gained 11.2% to $50.82. Raymond James upgraded Disc Medicine from Outperform to Strong Buy and raised the price target from $50 to $75.
• Catalent, Inc. CTLT jumped 11.2% to $43.36 after the company reported mixed quarterly financial results.
• Ballard Power Systems Inc. BLDP gained 10.4% to $4.7582.
• SentinelOne, Inc. S climbed 9.7% to $15.97 after Morgan Stanley upgraded the shares to overweight and raised its price target from $15 to $20.
• NIO Inc. NIO rose 8.1% to $8.38. Nio said it would cut prices on all its new models starting Monday. The announcement comes days after the company reported quarterly results below estimates.
• Oracle Corporation ORCL gained 4.3% to $114.53 ahead of quarterly results. Wolfe Research upgraded Oracle from Peer Perform to Outperform and announced a $130 price target.

Losers

• Forza X1, Inc. FRZA shares dropped 44.7% to $1.7250. Forza X1 reported pricing of $8 million public offering of 5,334,000 shares of common stock at a price of $1.50 per share.
• Oncorus, Inc. ONCR fell 26.9% to $0.0715. On June 7, Oncorus board unanimously approved dissolution and liquidation of company pursuant to a plan of liquidation and dissolution.
• Airspan Networks Holdings Inc. MIMO shares fell 21.1% to $0.1723 after dropping 5% on Friday.
• Cyxtera Technologies, Inc. CYXT shares dropped 20.3% to $0.0510. Cyxtera recently received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company’s voluntary Chapter 11 petitions filed on June 4, 2023.
• Tingo Group, Inc. TIO fell 18.8% to $0.9570. Tingo Group announced the results of the proxy vote associated with the Company’s Special Meeting of its Stockholders.
• HTG Molecular Diagnostics, Inc. HTGM dropped 18.1% to $0.6001.
• Beneficient BENF dropped 17% to $6.87.
• Caravelle International Group CACO fell 15% to $0.51.
• Twin Vee Powercats Co. VEEE fell 14.2% to $1.8801.
• Bone Biologics Corporation BBLG dropped 13.1% to $4.8347.
• Sonoma Pharmaceuticals, Inc. SNOA fell 11.4% to $1.24. Sonoma Pharmaceuticals recently announced a new application for intraoperative pulse lavage irrigation treatment.
• Chijet Motor Company, Inc. CJET fell 11.2% to $4.04.
• Nasdaq, Inc. NDAQ dipped 10.9% to $51.53 after the company announced the acquisition of Adenza for $10.5 billion in cash and stock.
• Visionary Education Technology Holdings Group Inc. VEDU fell 9.1% to $0.3999.
• Medigus Ltd MDGS fell 8.5% to $5.52 after gaining around 12% on Friday. Medigus recently said it has sold its entire stake in ScoutCam for $6 million in cash.
• Blue Apron Holdings, Inc. APRN fell 8.4% to $8.20. Blue Apron reported closing of transaction with FreshRealm to execute its asset-light model and focus on its direct-to-consumer business.
• Yunji Inc. YJ fell 8.4% to $0.2046 after gaining around 15% on Friday.
• Methanex Corporation MEOH dipped 7.9% to $39.99. Scotiabank downgraded Methanex from Sector Outperform to Sector Perform.
• Sientra, Inc. SIEN shares dropped 7.3% to $2.30. Sientra shares jumped over 42% on Friday the company announced FDA clearance for its AlloX2 Pro Tissue Expander.

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