Why NovoCure Are Trading Lower By Around 31%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Gainers

  • Mobile Infrastructure Corporation BEEP shares jumped 98.7% to $12.02.
  • GD Culture Group Limited GDC gained 61.8% to $4.11 after it announced the launch of live-streaming e-commerce business on TikTok, a popular social media platform.
  • Hersha Hospitality Trust HT shares climbed 56.5% to $9.82 after it announced a merger with KSL Capital Partners LLC, an investor in travel and leisure businesses.
  • Bionomics Limited BNOX rose 54% to $2.3550.
  • Hawaiian Electric Industries, Inc. HE gained 41.8% to $13.70 after the company released an in-depth response to the lawsuit recently filed by the County of Maui surrounding the tragic fires on August 8.
  • Genius Group Limited GNS shares climbed 35.6% to $1.98 after jumping 29% on Friday.
  • Thorne HealthTech, Inc. THRN gained 29.3% to $10.10 after the company entered an agreement to be acquired by L Catterton for $10.20 per share in cash.
  • Micromobility.com Inc. MCOM shares climbed 28.5% to $0.1028 after gaining 20% on Friday.
  • LQR House Inc. LQR shares climbed 27.5% to $1.30. The company's board authorized a share repurchase program, along with an innovative marketing partnership with Gold Standard Media.
  • IM Cannabis Corp. IMCC rose 22.4% to $0.8450.
  • Selina Hospitality PLC SLNA gained 22.2% to $0.6601. Globant S.A. recently inked a global corporate brand partnership with Selina Hospitality.
  • RPT Realty RPT rose 20% to $11.48. Kimco Realty penned a merger agreement to acquire RPT Realty in an all-stock transaction for around $2 billion, including the assumption of debt and preferred stock.
  • VinFast Auto Ltd. VFS shares climbed 17.2% to $80.60 after jumping 40% on Friday.
  • Rite Aid Corporation RAD jumped 15.7% to $0.8155. Rite Aid is reportedly on the brink of filing for bankruptcy amidst many lawsuits over its purported role in the opioid crisis to address its significant debt burden, which exceeds $3.3 billion, through a Chapter 11 filing.
  • Sangamo Therapeutics, Inc. SGMO gained 15.5% to $0.8900.
  • NeuroMetrix, Inc. NURO gained 13.5% to $0.75.
  • BrightView Holdings, Inc. BV gained 12.2% to $9.15 after the company announced it received a $500 million strategic investment in convertible preferred stock from an affiliate of One Rock Capital Partners.
  • Vahanna Tech Edge Acquisition I Corp. VHNA rose 11% to $10.71. On Aug. 28, 2023, Vahanna Tech Edge Acquisition I Corp. issued a press release, announcing that its previously announced business combination with Roadzen, Inc., was approved at a special meeting of Vahanna shareholders on Aug. 25, 2023.
  • Novavax, Inc. NVAX climbed 9.2% to $8.78.
  • Aehr Test Systems AEHR gained 9.2% to $45.33.
  • FLJ Group Limited FLJ shares rose 8.7% to $0.2001. FLJ Group is scheduled to hold its 2023 annual general meeting on Sept. 18, 2023.
  • BioNexus Gene Lab Corp. BGLC shares surged 8% to $1.4037 after jumping 10% on Friday.
  • Jabil Inc. JBL gained 7.5% to $111.05 after it reached a preliminary deal for potential $2.2B sale of Mobility business To BYD Electronic.

Losers

  • AgileThought, Inc. AGIL shares fell 32.6% to $0.1753. Alliance Global Partners downgraded AgileThought from Buy to Sell.
  • NovoCure Limited NVCR fell 31.4% to $20.42 after the company announced its Phase 3 ENGOT-ov50 / GOG-3029 / INNOVATE-3 trial of TTFields with paclitaxel did not meet its primary endpoint.
  • Faraday Future Intelligent Electric Inc. FFIE fell 23.9% to $9.47. Faraday Future announced a 1-for-80 reverse stock split and authorized share reduction from 1,765,000,000 to 154,437,500.
  • Heliogen, Inc. HLGN shares fell 18.7% to $0.2002 after the company reported a 1-for-35 reverse stock split.
  • Xiao-I Corporation AIXI declined 16.6% to $3.32.
  • Ideanomics, Inc. IDEX fell 15.5% to $3.6341 after the company reported results for the second quarter.
  • Opthea Limited OPT fell 15.3% to $2.61. Opthea successfully completed institutional offer and increased capital raising to A$90.0 million.
  • Mullen Automotive, Inc. MULN dipped 12.9% to $0.5651. Mullen announced a Class 3 vehicle purchase order with NRTC Automation Group.
  • ReTo Eco-Solutions, Inc. RETO fell 12.3% to $0.9550 after declining 4% on Friday.
  • BTC Digital Ltd. METX declined 11.7% to $2.04.
  • Scilex Holding Company SCLX fell 10.9% to $2.93.
  • Electriq Power Holdings, Inc. ELIQ fell 9.3% to $2.1402 after declining 21% on Friday.
  • Pulse Biosciences, Inc. PLSE declined 8.9% to $6.44.
  • Aptorum Group Limited APM shares fell 8% to $2.0250 after jumping 27% on Friday.
  • Nikola Corporation NKLA tumbled 7.3% to $1.21. The company last week announced its intention to conduct a registered direct offering involving senior convertible notes, the total value of which could reach up to $325 million. Anticipated net proceeds for Nikola stand at approximately $124.5 million.
  • YS Biopharma Co., Ltd. YS fell 7.2% to $1.16. YS Biopharma shares jumped over 65% on Friday after the company announced the purchase of shares by company officers.
  • Upwork Inc. UPWK fell 5.4% to $13.96 after BTIG downgraded the stock from Buy to Neutral.

 

Now Read This: This Analyst With 86% Accuracy Rate Sees Around 37% Upside In Nvidia - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMid-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!