Why Adial Pharmaceuticals Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

• XORTX Therapeutics Inc. XRTX shares jumped 60.2% to $0.5101 after jumping 34% on Thursday.
• Lipella Pharmaceuticals Inc. LIPO climbed 58.7% to $2.46. Lipella Pharmaceuticals announced FDA clearance of IND for LP-310 for oral lichen planus.
• Catalyst Biosciences, Inc. CBIO jumped 44% to $0.5780.
• MMTec, Inc. MTC gained 37.6% to $2.84 after jumping 51% on Thursday. MMTEC is scheduled to hold its 2023 annual meeting of shareholders on Nov. 10, 2023.
• Nouveau Monde Graphite Inc. NMG surged 28% to $2.60
• Aravive, Inc. ARAV shares climbed 26.3% to $0.1780 after falling 15% on Thursday.
• HUB Cyber Security Ltd. HUBC shares jumped 22.7% to $0.6994 after jumping 25% on Thursday. HUB Cyber Security recently reported the strategic appointment of Mr. Noah Hershcoviz as Chief Strategy Officer and a member of the Company’s Board of Directors.
• Urgent.ly Inc. ULY shares gained 21% to $6.66 after falling around 52% on Thursday. Urgent.ly announced the closing of its acquisition of Otonomo Technologies Ltd.
• FLJ Group Limited FLJ surged 17.5% to $ 0.2574.
• Eiger BioPharmaceuticals, Inc. EIGR gained 17.4% to $0.3199.
• Versus Systems Inc. VS climbed 16.8% to $0.2150.
• American Well Corporation AMWL shares rose 13.9% to $1.0750. American Well and Leidos Holdings have recently won a next-generation contract to provide a hybrid care technology platform designed to power the "Digital First" transformation of the U.S. Military Health System (MHS).
• Wheeler Real Estate Investment Trust, Inc. WHLR shares climbed 12.1% to $1.11 after falling 12% on Thursday.
• Knight-Swift Transportation Holdings Inc. KNX shares gained 11.1% to $50.95 after the company reported better-than-expected third-quarter financial results.
• Intelligent Living Application Group Inc. ILAG rose 9.8% to $0.90 after falling around 17% on Thursday.
• SuperCom Ltd. SPCB gained 9.6% to $0.4715.
• Bowlero Corp. BOWL shares rose 9.4% to $11.92 after the company announced it completed a $432.9 million sale-leaseback with VICI Properties.
• TeraWulf Inc. WULF surged 9.3% to $1.19.
• Nocera, Inc. NCRA gained 8.8% to $1.4250.
• Vicarious Surgical Inc. RBOT rose 6.7% to $0.4150.

Losers

• WEBUY GLOBAL LTD. WBUY shares tumbled 33.7% to $3.5407 after surging 33% on Thursday. Webuy Global priced $15.2 million initial public offering of 3.8 million ordinary shares at $4 per share.
• SolarEdge Technologies, Inc. SEDG shares fell 28.3% to $81.68 after the company issued preliminary third-quarter revenue results below estimates and lowered its non-GAAP gross margin forecast. Deutsche Bank downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $300 to $150, while Roth MKM downgraded the stock from Buy to Neutral and cut the price target from $280 to $100.
• Processa Pharmaceuticals, Inc. PCSA shares fell 27.8% to $0.39.
• Outlook Therapeutics, Inc. OTLK dipped 26.7% to $0.4833.
• RVL Pharmaceuticals plc RVLP fell 22.8% to $0.0320.
• Arcutis Biotherapeutics, Inc. ARQT shares fell 22.4% to $2.35. Arcutis Biotherapeutics priced $100 million public offering of 32.5 million common shares at $2.50 per share.
• Lazydays Holdings, Inc. LAZY fell 21.1% to $6.49.
• SeaStar Medical Holding Corporation ICU fell 21% to $0.94 after gaining over 54% on Thursday. The FDA recently granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal syndrome.
• Renovaro Biosciences Inc. RENB fell 19.6% to $2.7650.
• Adial Pharmaceuticals, Inc. ADIL dipped 19.6% to $2.2601 after the company announced a $4 million private placement priced at-the-market under Nasdaq rules.
• Atreca, Inc. BCEL shares fell 18.5% to $0.30, after jumping around 35% on Thursday.
• Alpine 4 Holdings, Inc. ALPP dipped 18% to $0.9101.
• Gamer Pakistan Inc. GPAK declined 18% to $0.8850.
• Neptune Wellness Solutions Inc. NEPT declined 14% to $0.8245.
• Enphase Energy, Inc. ENPH shares fell 13.3% to $100.42 in sympathy with SolarEdge, which issued weak preliminary third-quarter outlook.
• Regions Financial Corporation RF declined 12.6% to $14.40 after the company reported worse-than-expected third-quarter financial results.
• SunPower Corporation SPWR shares fell 9.7% to $5.03. Exane BNP Paribas analyst Moses Sutton initiated coverage on SunPower with an Underperform rating and announced a price target of $4.
• Spectral AI, Inc. MDAI fell 9.7% to $3.2601. Spectral AI shares jumped 39% on Thursday after the company announced that its DeepView SnapShot Wound Imaging System was marked for use in the U.K. and received Class 1 medical device classification with the FDA.
• Cuentas Inc. CUEN fell 9.4% to $1.0602. The company recently appointed Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer.
• Bitdeer Technologies Group BTDR fell 9% to $ 3.10. Bitdeer announced a new $2 million share repurchase program.
• Definitive Healthcare Corp. DH declined 8.7% to $6.92.
• Lindsay Corporation LNN fell 8.7% to $111.95. Lindsay recently reported better-than-expected fourth-quarter financial results.
• Sunrun Inc. RUN shares declined 7.8% to $9.75 in pre-market trading in sympathy with SolarEdge, which issued weak preliminary Q3 outlook.
• Hewlett Packard Enterprise Company HPE fell 7.3% to $15.11 after it chalked out long-term and FY24 outlook at its recent investor day.
• Oracle Corporation ORCL declined 6.1% to $101.71.
• Sunnova Energy International Inc. NOVA shares fell 5.8% to $8.69. Deutsche Bank downgraded Sunnova Energy Intl from Buy to Hold and lowered the price target from $23 to $12.5.
• Intuitive Surgical, Inc. ISRG fell 5% to $259.98 after the company reported mixed third-quarter financial results.

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