Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

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Shares of ASLAN Pharmaceuticals Limited ASLN fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation.

ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday.

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

Gainers

  • Aptevo Therapeutics Inc. APVO shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering.
  • Shimmick Corporation SHIM shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.
  • Aditxt, Inc. ADTX shares climbed 45.3% to $2.3107. Aditxt and Evofem amended merger agreement.
  • Locafy Limited LCFY gained 31.2% to $7.15.
  • Autonomix Medical, Inc. AMIX jumped 27.2% to $1.3505.
  • Alpha Teknova, Inc. TKNO gained 18% to $1.60. Alpha Teknova 10% owner Telegraph Hill Partners Management Company, LLC bought a total of 12,096,773 shares at an average price of $1.24.
  • Asset Entities Inc. ASST shares climbed 17% to $1.8350.
  • Meiwu Technology Company Limited WNW gained 17% to $1.0650
  • Aehr Test Systems AEHR gained 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.
  • Allarity Therapeutics, Inc. ALLR rose 14.5% to $0.2330. Allarity Therapeutics, last month, announced that it received notice from the NASDAQ Stock Market that it was granted a hearing.
  • ClearSign Technologies Corporation CLIR gained 14.4% to $0.9499 as the company received initial order from Birwelco.
  • The Honest Company, Inc. HNST gained 14% to $4.0350.
  • GLOBALFOUNDRIES Inc. GFS climbed 12.7% to $61.36.
  • Bloom Energy Corporation BE rose 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.
  • fuboTV Inc. FUBO climbed 9.1% to $1.5610
  • GitLab Inc. GTLB gained 8.4% to $54.92 following a report suggesting the company is exploring a sale.
  • Bloom Energy Corporation BE rose 8% to $16.27 after the company announced a strategic partnership with CoreWeave.
  • V.F. Corporation VFC gained 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.

Losers

  • Cassava Sciences, Inc. SAVA fell 29.8% to $9.51 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.
  • 4D Molecular Therapeutics, Inc. FDMT declined 20.9% to $21.16. 4DMT announced Phase 2 PRISM interim results for intravitreal 4D-150 in a broad wet AMD population affirming favorable safety profile and robust clinical activity.
  • Five Below, Inc. FIVE shares dipped 19.7% to $81.93 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.
  • Sonim Technologies, Inc. SONM fell 18.2% to $0.4138.
  • Adverum Biotechnologies, Inc. ADVM dipped 16.3% to $7.46. Adverum Biotechnologies revealed 26-week interim analysis results of Ixo-vec from LUNA Phase 2 trial at 2024 ASRS Annual Meeting.
  • Structure Therapeutics Inc. GPCR fell 16.2% to $37.44.
  • Cyclerion Therapeutics, Inc. CYCN fell 13.7% to $2.50.
  • Scinai Immunotherapeutics Ltd. SCNI dipped 11.8% to $4.68.
  • Luminar Technologies, Inc. LAZR fell 11.7% to $1.8974.
  • Viking Therapeutics, Inc. VKTX dipped 10.8% to $50.89.
  • Onto Innovation Inc. ONTO fell 10% to $214.17. Onto Innovation announced Dr. Stephen Schwartz has joined its board of directors.
  • ASML Holding N.V.  ASML shares declined 9.8% to $963.01. ASML reported better-than-expected second-quarter earnings, driven by robust sales in China and a surge in new bookings.
  • Aurora Innovation, Inc. AUR fell 9.5% to $4.46.
  • Nova Ltd. NVMI declined 9.2% to $219.39.
  • Eightco Holdings Inc. OCTO shares fell 9% to $0.48. Eightco Holdings recently said first-quarter revenue fell to $9.6 million from $15.9 million in the year-ago period.
  • Credo Technology Group Holding Ltd CRDO dipped 8.8% to $30.87.
  • Siebert Financial Corp. SIEB fell 8.5% to $1.7381 after gaining over 9% on Tuesday.
  • Spirit Airlines, Inc. SAVE shares declined 8.4% to $2.8950 as the company issued soft second-quarter preliminary revenue estimates. The company estimated total revenue for the second quarter of 2024 to be approximately $1.28 billion, lower than previously expected primarily due to lower-than-expected non-ticket revenue.
  • Virpax Pharmaceuticals, Inc. VRPX shares fell 8.1% to $1.3890 after jumping 41% on Tuesday.
  • Advanced Micro Devices, Inc. AMD dipped 8% to $163.01.
  • Semtech Corporation SMTC fell 7.4% to $33.66.
  • NaaS Technology Inc. NAAS fell 7.3% to $4.32.
  • e.l.f. Beauty, Inc. ELF declined 7.1% to $175.56.
  • Safe and Green Development Corporation SGD shares dipped 7.1% to $0.38.
  • J.B. Hunt Transport Services, Inc. JBHT fell 7% to $163.74 after the company reported worse-than-expected second-quarter financial results.
  • QUALCOMM Incorporated QCOM fell 6.5% to $195.94 after HSBC downgraded the stock from Buy to Hold.
  • Snap Inc. SNAP fell 6.3% to $15.11 after Donald Trump made comments in support of TikTok.
  • NVIDIA Corporation NVDA fell 5.2% to $119.82. Shares of semiconductor stocks traded lower amid reports Biden is considering further China restrictions.

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