Why Virios Therapeutics Shares Are Trading Lower By Around 48%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Shares of Virios Therapeutics, Inc. VIRI fell sharply during Monday's session after the company priced a $1.7 million public offering of 8.5 million shares of common stock at $0.20 per share.

Virios Therapeutics shares dipped 47.6% to $0.1850 on Monday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• MultiMetaVerse Holdings Limited MMV shares jumped 224% to $2.01. MultiMetaVerse Holdings signed a non-binding term sheet to acquire 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries.
• GT Biopharma, Inc. GTBP rose 146% to $7.64. GT Biopharma, last week, posted a narrower-than-expected quarterly loss.
• Tantech Holdings Ltd TANH jumped 89.8% to $1.2501.
• Faraday Future Intelligent Electric Inc. FFIE shares gained 62.1% to $1.6701. Faraday Future Intelligent Electric is scheduled to report its fourth quarter and full year 2023 results after the closing bell on Tuesday, May 28.
• CN Energy Group. Inc. CNEY surged 58% to $1.0501.
• Scorpius Holdings, Inc. SCPX gained 57.8% to $0.1635. Scorpius, last week, announced closing of public offering.
• NKGen Biotech, Inc. NKGN rose 46% to $1.6250 after the company’s SNK01 NK Cell Therapy was cleared to begin a Phase 2 trial in Alzheimer’s disease.
• Bruush Oral Care Inc. BRSH jumped 41% to $0.1658.
• Rekor Systems, Inc. REKR gained 36% to $1.80 after the company announced a partnership with MS2.
• MIRA Pharmaceuticals, Inc. MIRA gained 34.3% to $0.8866 after the company said it has advanced new preclinical studies using Ketamir-2 towards clinical development.
• Scilex Holding Company SCLX gained 34% to $1.21.
• Hims & Hers Health, Inc. HIMS rose 30.5% to $19.01 after the company announced the addition of GLP-1 injections to its weight loss portfolio.
• BYND Cannasoft Enterprises Inc. BCAN surged 29.5% to $1.4250.
• Cheetah Mobile Inc. CMCM gained 24.3% to $5.70.
• Concord Medical Services Holdings Limited CCM jumped 23% to $0.6188.
• Wix.com Ltd. WIX rose 21.6% to $164.94 as the company posted upbeat results for its first quarter and raised its 2024 forecast on Monday.
• Sintx Technologies, Inc. SINT shares rose 21.1% to $0.1029 after dipping over 39% on Friday.
• Sutro Biopharma, Inc. STRO climbed 17.6% to $4.7150.
• PTC Therapeutics, Inc. PTCT jumped 17.2% to $38.78 after the company announced the European Commission has returned the Translarna opinion to the CHMP for re-evaluation.
• Cue Health Inc. HLTH gained 17.1% to $0.1128 after dipping around 18% on Friday. Cue Health, last week, announced that it voluntarily and temporarily paused sales and distribution of its EUA COVID-19 Test Cartridge.
• NextDecade Corporation NEXT climbed 16% to $8.10 after ADNOC announced it secured an equity position and LNG offtake agreement in NextDecade’s Rio Grande LNG project.
• NuScale Power Corporation SMR rose 15.5% to $7.29.
• VinFast Auto Ltd. VFS gained 15% to $5.61.
• Crown ElectroKinetics Corp. CRKN shares rose 14.8% to $0.1964 after falling around 29% on Friday.
• Tellurian Inc. TELL gained 14% to $0.5870.
• Shineco, Inc. SISI shares climbed 10.2% to $1.09 after jumping 19% on Friday. Shineco recently announced that its subsidiaries Fuzhou Medashan Biotechnology and Kaifeng Yixi Biotechnology invented a new natural active water-soluble product.
• Independent Bank Group, Inc. IBTX gained 8.5% to $47.69 after SouthState announced it will acquire the company.
• Doximity, Inc. DOCS surged 5.1% to $29.46.

Losers

• Akoustis Technologies, Inc. AKTS fell 53.8% to $0.1647 after Qorvo won a jury verdict against the company in a trade secret misappropriation and patent infringement case.
• Cheetah Net Supply Chain Service Inc. CTNT declined 48% to $5.61.
• FLJ Group Limited FLJ shares fell 44.5% to $0.86 after surging 224% on Friday.
• Jaguar Health, Inc JAGX fell 39.8% to $0.1557 after the company announced a 1-for-60 reverse stock split.
• Fangdd Network Group Ltd. DUO declined 38% to $1.04.
• Jeffs’ Brands Ltd JFBR shares declined 35.8% to $0.4189 after jumping 109% on Friday.
• DermTech, Inc. DMTK fell 33.8% to $0.3302.
• CervoMed Inc. CRVO declined 25.3% to $17.99. CervoMed named William Elder as Chief Financial Officer, effective June 1.
• Barnes & Noble Education, Inc. BNED dipped 22.6% to $0.3482.
• Akanda Corp. AKAN shares fell 22.3% to $0.1339 following a 30% surge on Friday.
• iPower Inc. IPW shares fell 20.8% to $2.29 after jumping 98% on Friday. iPower, last week, reported better-than-expected third-quarter financial results.
• Nature’s Miracle Holding Inc. NMHI declined 19.9% to $0.5396. Nature’s Miracle mutually agreed to terminate plan to merge with Agrify Corp.
• Li Auto Inc. LI fell 12.6% to $21.74 after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.
• GameStop Corp. GME declined 10% to $19.99.
• Oklo Inc. OKLO fell 8.6% to $8.23.
• IGM Biosciences, Inc. IGMS declined 8.2% to $8.46.
• Cemtrex, Inc. CETX shares fell 7.6% to $0.45 after climbing 49% on Friday. Cemtrex, last week, posted a wider quarterly loss.
• The Beauty Health Company SKIN declined 5.8% to $2.58.
• Inovio Pharmaceuticals, Inc. INO fell 5.6% to $11.33.
• ATRenew Inc. RERE shares fell 4.3% to $2.71 after reporting weak quarterly earnings.

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