Why iMedia Brands Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

• Prestige Wealth Inc. PWM shares jumped 65.6% to $8.28. Prestige Wealth reported pricing of $5 million initial public offering of 1 million shares of common stock at a price of $5 per share.
• Gorilla Technology Group Inc. GRRR jumped 68.9% to $3.52 after the company signed a $270 million contract with the Government of Egypt to implement a Smart Government Security Convergence solution.
• Bluejay Diagnostics, Inc. BJDX shares climbed 64.8% to $0.3576 after dropping over 5% on Thursday.
• Castle Biosciences, Inc. CSTL shares surged 42.2% to $18.89. Castle Biosciences will present new DecisionDx-SCC and DecisionDx-melanoma data at the American Head & Neck Society's International Conference on head and neck cancer.
• SCWorx Corp. WORX gained 28.8% to $0.3780.
• Near Intelligence, Inc. NIR climbed 27.6% to $1.5182. Benchmark initiated coverage on Near Intelligence with a Speculative Buy rating and announced a price target of $3.
• CareDx, Inc CDNA climbed 19.7% to $10.04.
• The Beachbody Company, Inc. BODY gained 17.2% to $0.3749 after dropping around 24% on Thursday.
• NuZee, Inc. NUZE climbed 15.6% to $10.57 after the company announced it entered into a five-year global licensing agreement with Stone Brewing.
• TMC the metals company Inc. TMC rose 15.5% to $2.3450.
• Society Pass Incorporated SOPA jumped 14.7% to $0.5389. Society Pass subsidiary, NextGen Retail, will acquire Indonesia's PT Inetindo Infocom for $1.85 million.
• ZyVersa Therapeutics, Inc. ZVSA climbed 14.5% to $0.2766 after the company announced the European Patent Office granted a patent covering the company's Phase 2a-ready Cholesterol Efflux Mediator VAR 200 for use in diabetic nephropathy/diabetic kidney disease.
• T2 Biosystems, Inc. TTOO shares rose 14.2% to $0.0948. T2 Biosystems recently announced the conversion of approximately 20% of its term loan with entities affiliated with CRG Servicing LLC into its common stock and Series B convertible preferred stock.
• Applied Optoelectronics, Inc. AAOI jumped 12.4% to $7.32.
• Cenntro Electric Group Limited CENN gained 12.4% to $0.3672.
• Paramount Group, Inc. PGRE climbed 11.4% to $4.8250.
• TOP Financial Group Limited TOP rose 11.3% to $7.42 after dropping 9% on Thursday. TOP Financial Group recently said fiscal year 2023 revenue increased 24% to $9.7 million, up from $7.8 million in the previous year.
• Iris Energy Limited IREN climbed 11.6% to $6.80.
• Rivian Automotive, Inc. RIVN rose 11.2% to $24.05 after Wedbush raised its price target on the stock from $25 to $30.
• Greenidge Generation Holdings Inc. GREE gained 10.6% to $4.28.
• Riot Platforms, Inc. RIOT jumped 10.3% to $14.93. The company announced June 2023 production and operations updates.
• COMPASS Pathways plc CMPS rose 9.6% to $10.24.
• TG Therapeutics, Inc. TGTX gained 9.2% to $25.18.
• WW International, Inc. WW rose 6.3% to $8.16.

Losers

• EdtechX Holdings Acquisition Corp. II EDTX shares dropped 21.4% to $18.04 after gaining over 93% on Thursday.
• FOXO Technologies Inc. FOXO fell 20.6% to $0.2485.
• Alpine Summit Energy Partners, Inc. ALPS dropped 17.4% to $0.2399.
• PainReform Ltd. PRFX fell 17.5% to $4.58. PainReform recently said its supplier of API has received a deficiency notice from the FDA related to its drug master file.
• ASLAN Pharmaceuticals Limited ASLN shares fell 13.5% to $2.49. ASLAN Pharmaceuticals recently said the eblasakimab 400mg Q4W dosing arm did not meet the primary or secondary endpoints with statistical significance.
• UTStarcom Holdings Corp. UTSI dropped 12.5% to $3.16.
• NLS Pharmaceutics AG NLSP fell 11.7% to $1.05. NLS Pharmaceutics recently announced that the FDA reviewed the full protocol for the NLS-1031 study and the Institutional Review Board approved the Phase 3 clinical trial protocol to evaluate Mazindol ER in patients with narcolepsy type 1.
• iMedia Brands, Inc. IMBI fell 11.3% to $0.1198 after the company announced it received a delisting notice from Nasdaq following its Chapter 11 filing.
• authID Inc. AUID dropped 10.5% to $0.76. authID announced 1-for-8 reverse stock split effective Monday July 10, 2023.
• Forian Inc. FORA declined 10.5% to $2.13.
• Micromobility.com Inc. MCOM fell 8.5% to $0.1181.
• Powerbridge Technologies Co., Ltd. PBTS declined 8.3% to $0.6420. Powerbridge Technologies announced a strategic joint venture to drive digital financial innovation for agriculture and livestock industries.
• Kontoor Brands, Inc. KTB fell 7.7% to $37.94.
• EHang Holdings Limited EH dipped 7.1% to $15.00.
• Levi Strauss & Co. LEVI dropped 5.1% to $13.50. Levi Strauss reported upbeat earnings for its second quarter, but lowered its annual profit outlook.

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