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Qualstar (OTC:QBAK) Stock, Option Chain

Qualstar

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. The company has geographical presence in North America, Europe, Asia Pacific and Others. The company generates the majority of its revenue from Data Storage segment.

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22nd Century Group, Inc. (NASDAQ: XXII) has named Lawrence (Larry) Firestone as the company’s chairman and CEO.

Cannabis Industry&#39;s New Mavericks: Two Companies Introduce Fresh Leadership

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	SCWorx Corp. (NASDAQ: WORX) shares climbed 424.9% to close at $12.02 on Monday after the company reported a first installment of purchase order for 48 million coronavirus rapid testing units.


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Intraday Update

Toward the end of trading Monday, the Dow traded down 1.84% to 23283.06 while the NASDAQ fell 0.34% to 8,126.05. The S&amp;P also fell, dropping 1.49% to 2,748.23.

Mid-Afternoon Market Update: Crude Oil Up 2%; Biocept Shares Surge

Qualstar Corp

22nd Century Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xxii#NASDAQ">XXII</a>) has named Lawrence (Larry) Firestone as the company&rsquo;s chairman and CEO.
The Buffalo-based company announced the news on Wednesday shortly after&nbsp;revealing that it will&nbsp;sell &quot;substantially all&quot; of its GVB Biopharma hemp/cannabis operations to Specialty Acquisition Corporation in a $2.25 million deal.&nbsp;Specialty Acquisition, based in&nbsp;Nevada, <a href="https://www.benzinga.com/markets/cannabis/23/11/35978826/22nd-century-group-offloads-hempcannabis-franchise-in-2-25m-deal-seeks-to-reduce-cash-and-operat">is an entity affiliated with </a>current GVB employees.
Firestone brings over four decades of enterprise, operations, and financial management experience in both public and private companies, including tenures as CEO, CFO and COO across multiple industry sectors.
Most recently, Firestone served as CFO of Oakland Manager, a privately-held purveyor of cannabis with both retail and wholesale market penetration, and as chairman of FirePower Technology, a privately held manufacturer of ATX power supplies for the IT and instrumentation markets.
He also served as CEO of Eastside Distilling, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/east#NASDAQ">EAST</a>) and Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>), CFO of Advanced Energy Industries (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aeis#NASDAQ">AEIS</a>) and Applied Films Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afco#NASDAQ">AFCO</a>).
Firestone praised the company&rsquo;s team, which he was appointed to lead.
&quot;The team at 22nd Century has created one of the industry&#39;s most innovative integrated tobacco platforms, from plant genetics to fully commercialized disruptive consumer products,&rdquo; he said. &ldquo;I am confident we can build upon the success the Company has had to date while developing strategies that can enhance value for shareholders.&rdquo;
In the meantime, 22nd Century recently reported an 8.2% year-over-year drop in net revenue to $17.8 million in the third quarter and an operating loss of $71.5 million for the same period, compared to $15.3<a href="https://www.benzinga.com/markets/cannabis/23/11/35619381/cost-reductions-could-save-millions-for-this-nasdaq-hemp-tobacco-co-reporting-yoy-q3-revenue-dro"> million in the corresponding quarter </a>of 2022.
<h3>Blinc Group Promotes COO Pete Sahani To CEO</h3>
Cannabis vape&nbsp;producer The Blinc Group promoted Pete Sahani, the company&rsquo;s COO since 2022, to CEO.
Arnaud Dumas de Rauly, co-founder and current CEO, will be stepping down&nbsp;to embark on a new strategic direction within the company as chief experience and science officer and will remain on the board. This transition will become effective as of Friday, Dec. 1, 2023.
&ldquo;Pete has been a pivotal figure in our leadership team, playing a significant role in not only steering us to positive EBITDA and Net Income but also in the introduction of innovative services like Scale Now Pay Later (SNPL) and Vendor Managed Inventory (VMI),&rdquo; Dumas de Rauly said. &ldquo;With his exceptional skill in operational management and strategic planning, I am confident that Pete is the ideal leader to propel Blinc into a future marked by sustained profitability and expanded service offerings.&rdquo;
<h3>XXII Price Action</h3>
22nd Century Group&rsquo;s shares traded 10.6977% higher at $0.2380 per share at the time of writing on Wednesday morning.
See also:<a href="https://www.benzinga.com/markets/cannabis/23/08/33523838/the-blinc-group-acquires-ip-portfolio-with-advanced-vaping-solutions"> The Blinc Group Acquires IP Portfolio With Advanced Vaping Solutions</a>
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Photo: Courtesy of Iryna Rahalskaya on Shutterstock

Cannabis Industry's New Mavericks: Two Companies Introduce Fresh Leadership

Qualstar (NASDAQ:<a class="ticker" href="/stock/QBAK#NASDAQ">QBAK</a>) reported quarterly losses of $(0.080) per share. This is a 214.29 percent decrease over earnings of $0.070 per share from the same period last year. The company reported $2.054 million in sales this quarter. This is a 28.08 percent decrease over sales of $2.856 million the same period last year.

Earnings

Qualstar Q1 EPS $(0.080) Down From $0.070 YoY, Sales $2.054M Down From $2.856M YoY

Wednesday&#39;s morning session saw 14 companies set new 52-week lows.
<h3>Significant Points:</h3>
<ul>
<li>Telecom Argentina&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/teo#NYSE">TEO</a>)&nbsp;was the biggest company in terms of market cap to set a new 52-week low.</li>
<li>The smallest company in terms of market cap to set a new 52-week low was&nbsp;Ocean Power Technologies&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/optt#NASDAQ">OPTT</a>).</li>
<li>Actinium Pharmaceuticals&nbsp;(AMEX: ATNM)&nbsp;shares traded down 31.46% to reach its 52-week low, making it the biggest loser.</li>
</ul>
The following stocks set new 52-week lows as of 10 a.m. ET on Wednesday:
<ul>
<li>Telecom Argentina&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/teo#NYSE">TEO</a>)&nbsp;stock hit a new 52-week low of $7.27 to begin trading. The stock was down 2.64% on the session.</li>
<li>Acadia Realty Trust&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/akr#NYSE">AKR</a>)&nbsp;shares began trading with a new 52-week low of $10.02 on Wednesday. The stock was down 4.67% for the day.</li>
<li>Covanta Holding&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cva#NYSE">CVA</a>)&nbsp;shares set a new yearly low of $6.58 this morning. The stock was down 3.34% on the session.</li>
<li>Valaris&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/val#NYSE">VAL</a>)&nbsp;shares began trading with a new 52-week low of $0.35 on Wednesday. The stock was down 12.82% for the day.</li>
<li>Venator Materials&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vntr#NYSE">VNTR</a>)&nbsp;shares moved down 2.49% on Wednesday&#39;s session after setting a new 52-week low of $1.15 to begin trading.</li>
<li>Secoo Holding&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seco#NASDAQ">SECO</a>)&nbsp;stock hit a yearly low of $2.26 this morning. The stock was down 6.43% for the day.</li>
<li>TimkenSteel&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmst#NYSE">TMST</a>)&nbsp;shares were down 4.15% over the session, having began the day with a 52-week low of $2.23.</li>
<li>Olympic Steel&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zeus#NASDAQ">ZEUS</a>)&nbsp;stock hit $8.03 on Wednesday morning, setting a new 52-week low. The stock traded down 1.29% over the course of the day.</li>
<li>Kingsway Financial Servs&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kfs#NYSE">KFS</a>)&nbsp;stock hit a yearly low of $1.30 this morning. The stock was down 7.53% for the day.</li>
<li>Actinium Pharmaceuticals&nbsp;(AMEX: ATNM)&nbsp;shares fell to $0.16 on Wednesday morning, setting a new 52-week low. Shares then moved down 31.46%.</li>
<li>RigNet&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnet#NASDAQ">RNET</a>)&nbsp;shares set a new 52-week low of $0.86 today morning. The stock traded down 4.45% over the session.</li>
<li>Unit&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unt#NYSE">UNT</a>)&nbsp;shares reached a new 52-week low of $0.14 on Wednesday morning, later moving down 8.41% over the rest of the day.</li>
<li>Qualstar&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>)&nbsp;stock set a new 52-week low of $1.66 on Wednesday morning, with shares later moving down 1.75%.</li>
<li>Ocean Power Technologies&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/optt#NASDAQ">OPTT</a>)&nbsp;stock dropped to a yearly low on Wednesday morning of $0.33. Shares then traded down 8.32%.</li>
</ul>

Benzinga will continue to update traders about these equities going forward. Stay tuned for further market updates.

OPTT

RNET

SECO

Telecom Argentina Stet - France Telecom S.A.

TMST

VNTR

ZEUS

Stocks That Hit 52-Week Lows On Wednesday

<h3>Gainers</h3>
<ul>
<li>SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) shares climbed 424.9% to close at $12.02 on Monday after the company reported a first installment of purchase order for 48 million coronavirus rapid testing units.</li>
<li>Independence Contract Drilling, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/icd#NYSE">ICD</a>) shares jumped 106.9% to close at $12.93 on Monday after surging over 160% on Thursday.</li>
<li>Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) shares gained 69.1% to close at $0.6024 after the company said in a Thursday press release that it intends to begin accepting physician-ordered COVID-19 molecular diagnostic testing requests for processing beginning April 15.</li>
<li>Sundance Energy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snde#NASDAQ">SNDE</a>) surged 63.3% to close at $3.82.</li>
<li>Kandi Technologies Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kndi#NASDAQ">KNDI</a>) rose 39.5% to close at $3.78. Kandi Technologies issued a press release highlighting launch of first pure electric SUV by the company affiliate, Fengsheng Automotive, The Maple 30x.</li>
<li>Can-Fite BioPharma Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/canf#NYSE">CANF</a>) gained 35.2% to close at $1.96 after the company announced it has received approval to initiate a pilot clinical study of its drug candidate, Piclidenoson, for the treatment of moderate-to-severe symptoms in coronavirus infected patients.</li>
<li>Nautilus, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nls#NYSE">NLS</a>) shares climbed 28.7% to close at $4.84.</li>
<li>Enable Midstream Partners, LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/enbl#NYSE">ENBL</a>) shares gained 26.6% to close at $3.43.</li>
<li>Chembio Diagnostics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cemi#NASDAQ">CEMI</a>) gained 26.6% to close at $10.23 after the company reported collaboration with Stony Brook Medicine to identify coronavirus survivors.</li>
<li>Penn Virginia Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pvac#NASDAQ">PVAC</a>) rose 26.1% to close at $3.96 after declining around 7% on Thursday.</li>
<li>Canaan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/can#NASDAQ">CAN</a>) jumped 26% to close at $4.03.</li>
<li>U.S. Well Services, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usws#NASDAQ">USWS</a>) shares rose 25% to close at $0.65. U.S. Well Services shares climbed over 90% on Thursday after the company disclosed a long-term contract to provide electric hydraulic fracturing services for EQT using its next-generation Clean Fleet&reg; technology.</li>
<li>Oil States International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ois#NYSE">OIS</a>) rose 23.7% to close at $2.98.</li>
<li>Summit Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smmt#NASDAQ">SMMT</a>) gained 22.9% to close at $3.28.</li>
<li>Carvana Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvna#NYSE">CVNA</a>) jumped 22.7% to close at $75.28.</li>
<li>ContraFect Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cfrx#NASDAQ">CFRX</a>) gained 22.4% to close at $7.27.</li>
<li>Caledonia Mining Corporation Plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmcl#NYSE">CMCL</a>) shares surged 22.3% to close at $11.85.</li>
<li>Ideal Power Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ipwr#NASDAQ">IPWR</a>) gained 22.2% to close at $2.48.</li>
<li>GameStop Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>) shares rose 21.9% to close at $4.74 after jumping 14% on Thursday.</li>
<li>USA Compression Partners, LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/usac#NYSE">USAC</a>) gained 21.5% to close at $8.66.</li>
<li>Cytosorbents Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctso#NASDAQ">CTSO</a>) rose 21.4% to close at $8.00 after the company was granted emergency use authorization by the FDA for its CytoSorb to treat coronavirus.</li>
<li>Braemar Hotels &amp; Resorts, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bhr#NYSE">BHR</a>) gained 21.3% to close at $2.90.</li>
<li>GasLog Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glop#NYSE">GLOP</a>) jumped 20.5% to close at $2.70.</li>
<li>Biomerica, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bmra#NASDAQ">BMRA</a>) jumped 20% to close at $8.95.</li>
<li>Domo, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/domo#NASDAQ">DOMO</a>) gained 19.9% to close at $14.05.</li>
<li>Navios Maritime Partners L.P. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nmm#NYSE">NMM</a>) surged 19.7% to close at $6.94.</li>
<li>DRDGOLD Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/drd#NYSE">DRD</a>) gained 19.4% to close at $8.81.</li>
<li>Bellicum Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blcm#NASDAQ">BLCM</a>) shares jumped 19% to close at $5.95.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) rose 18.9% to close at $3.46 after the company announced the FDA has authorized the company to initiate a pivotal clinical trial evaluating MultiStem Cell Therapy in patients with coronavirus induced acute respiratory distress syndrome.</li>
<li>Catasys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cats#NASDAQ">CATS</a>) gained 18.4% to close at $23.80.</li>
<li>ThermoGenesis Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thmo#NASDAQ">THMO</a>) gained 18.3% to close at $4.26 after the company disclosed that its ImmuneCyte joint venture completed acquisition of Worldride IP to develop fully human polyclonal and monoclonal antibody therapeutics for coronavirus.</li>
<li>Selecta Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/selb#NASDAQ">SELB</a>) rose 18.3% to close at $2.6150.</li>
<li>Protalix BioTherapeutics, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/plx#NYSE">PLX</a>) shares jumped 17.6% to close at $2.88.</li>
<li>Crestwood Equity Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ceqp#NYSE">CEQP</a>) gained 16.7% to close at $6.64.</li>
<li>Aquestive Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aqst#NASDAQ">AQST</a>) gained 16.6% to close at $3.37.</li>
<li>MediciNova, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mnov#NASDAQ">MNOV</a>) climbed 16% to close at $7.06.</li>
<li>Fulgent Genetics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flgt#NASDAQ">FLGT</a>) gained 15.9% to close at $12.23.</li>
<li>RedHill Biopharma Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rdhl#NASDAQ">RDHL</a>) shares climbed 13.7% to close at $6.88 after the company announced both of its coronavirus patients treated with its Opaganib treatment showed improvement.</li>
<li>BioCryst Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcrx#NASDAQ">BCRX</a>) climbed 13.5% to close at $2.35 after the company began its clinical trial of Galidesivir for treatment of coronavirus.</li>
<li>Pluristem Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/psti#NASDAQ">PSTI</a>) shares climbed 13.5% to close at $7.91 after the company disclosed that it has treated its first patient suffering from coronavirus complications in the US under the FDA Single Patient Expanded Access Program.</li>
<li>Milestone Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mist#NASDAQ">MIST</a>) surged 13% to close at $2.70.</li>
<li>Ovid Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ovid#NASDAQ">OVID</a>) climbed 10.9% to close at $3.15.</li>
<li>Oasis Midstream Partners LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omp#NASDAQ">OMP</a>) shares rose 10.1% to close at $5.22.</li>
<li>Noble Midstream Partners LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nblx#NASDAQ">NBLX</a>) gained 8.8% to close at $4.95.</li>
<li>Conn&#39;s, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/conn#NASDAQ">CONN</a>) jumped 8.1% to close at $4.53.</li>
<li>Veritone, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/veri#NASDAQ">VERI</a>) surged 7.8% to close at $3.19.</li>
</ul>

<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>
<h3>Losers</h3>
<ul>
<li>Express, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/expr#NYSE">EXPR</a>) shares dropped 20.9% to close at $2.04 on Monday.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) shares dipped 20% to close at $2.08 on Monday. AMC is in talks to hire bankruptcy law firm Weil Gotshal as theaters shutdown since mid-March due to coronavirus, the NY Post reported.</li>
<li>Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>) shares tumbled 19.1% to close at $1.99 on Monday after the company reported plans to delist from the NASDAQ and deregister its common stock.</li>
<li>Movado Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mov#NYSE">MOV</a>) fell 17.4% to close at $10.91.</li>
<li>Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) shares fell 17% to close at $33.37 amid continued uncertainty in travel demand outlook.</li>
<li>Armada Hoffler Properties, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ahh#NYSE">AHH</a>) dipped 16.2% to close at $9.65. Stifel downgraded Armada Hoffler Properties from Hold to Sell and lowered the price target from $19 to $8.</li>
<li>Mid-Con Energy Partners, LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcep#NASDAQ">MCEP</a>) fell 16.2% to close at $2.90.</li>
<li>Community Health Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cyh#NYSE">CYH</a>) dropped 15.8% to close at $3.25.</li>
<li>Century Communities, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccs#NYSE">CCS</a>) shares fell 15.6% to close at $16.01.</li>
<li>LGI Homes, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lgih#NASDAQ">LGIH</a>) fell 15.5% to close at $46.25.</li>
<li>Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) shares dropped 15.1% to close at $5.95 on Monday after the company reported offerings of senior secured notes and senior exchangeable notes.</li>
<li>Fox Factory Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxf#NASDAQ">FOXF</a>) declined 14.9% to close at $42.96 after the company announced plans to temporarily suspend non-essential operations in certain manufacturing facilities. The company will suspend its earlier issued FY20 guidance.</li>
<li>The E.W. Scripps Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssp#NASDAQ">SSP</a>) fell 14.3% to close at $6.74.</li>
<li>Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) dipped 14.2% to close at $6.49 after the company furloughed 2,300 employees across plants in U.S. and Europe.</li>
<li>Belden Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdc#NYSE">BDC</a>) dropped 14% to close at $32.11 after the company reported preliminary results for its first quarter.</li>
<li>Meredith Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdp#NYSE">MDP</a>) declined 13.8% to close at $14.88.</li>
<li>Cinemark Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnk#NYSE">CNK</a>) fell 13.6% to close at $10.80.</li>
<li>Akero Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akro#NASDAQ">AKRO</a>) declined 13.4% to close at $20.91.</li>
<li>Norwegian Cruise Line Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nclh#NYSE">NCLH</a>) fell 13.4% to close at $11.36.</li>
<li>Atlantic Union Bankshares Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aub#NASDAQ">AUB</a>) dipped 13.2% to close at $22.72.</li>
<li>Exantas Capital Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xan#NASDAQ">XAN</a>) dipped 13.2% to close at $3.02. Raymond James downgraded Exantas Capital from Outperform to Market Perform.</li>
<li>Welbilt, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wbt#NYSE">WBT</a>) shares declined 13% to close at $4.48.</li>
<li>Replimune Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/repl#NASDAQ">REPL</a>) fell 13% to close at $10.99.</li>
<li>TPI Composites, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tpic#NASDAQ">TPIC</a>) dropped 12.9% to close at $14.29.</li>
<li>RCI Hospitality Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rick#NASDAQ">RICK</a>) fell 12.9% to close at $9.02.</li>
<li>1-800-FLOWERS.COM, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flws#NASDAQ">FLWS</a>) fell 12.8% to close at $14.18. DA Davidson downgraded 1-800</li>
<li>Flowers.com from Buy to Neutral and lowered the price target from $26 to $14.</li>
<li>Brinker International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eat#NYSE">EAT</a>) declined 12.8% to close at $15.08. Deutsche Bank maintained Brinker with a Hold and lowered the price target from $44 to $21.</li>
<li>EPR Properties (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/epr#NYSE">EPR</a>) fell 12.7% to close at $22.34.</li>
<li>EverQuote, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ever#NASDAQ">EVER</a>) shares tumbled 12.5% to close at $31.26. EverQuote is expected to release Q1 earnings on May 4.</li>
<li>Intellicheck, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idn#NASDAQ">IDN</a>) shares fell 12.3% to close at $3.64.</li>
<li>GrubHub Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/grub#NYSE">GRUB</a>) dropped 12% to close at $39.68 after the company said it expects to reinvest most Q2 profits into programs to drive more business to its restaurant partners.</li>
<li>Noodles &amp; Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ndls#NASDAQ">NDLS</a>) dropped 10.5% to close at $5.13.</li>
<li>Ellington Financial Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/efc#NYSE">EFC</a>) shares fell 10% to close at $9.94.</li>
<li>O-I Glass, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oi#NYSE">OI</a>) dipped 9.9% to close at $6.80. B of A Securities downgraded O-I Glass from Buy to Neutral.</li>
<li>Phunware, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phun#NASDAQ">PHUN</a>) shares fell 9.7% to close at $0.65. Phunware reported that it has applied for US small business admin. loan under CARES Act.</li>
<li>Arbor Realty Trust, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/abr#NYSE">ABR</a>) fell 9.7% to close at $7.05 after rising around 19% on Thursday.</li>
<li>Astrotech Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/astc#NASDAQ">ASTC</a>) fell 7.9% to close at $3.14 after jumping 44% on Thursday.</li>
<li>Akers Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aker#NASDAQ">AKER</a>) fell 7.6% to close at $4.74.</li>
<li>MarineMax, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hzo#NYSE">HZO</a>) fell 7% to close at $11.22.</li>
<li>Dave &amp; Buster&#39;s Entertainment, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/play#NASDAQ">PLAY</a>) dropped 6.1% to close at $13.79.</li>
</ul>

Toward the end of trading Monday, the Dow traded down 1.84% to 23283.06 while the NASDAQ fell 0.34% to 8,126.05. The S&amp;P also fell, dropping 1.49% to 2,748.23.
The U.S. is the epicenter of the coronavirus pandemic with the highest number of cases and deaths around the world. U.S. reported a total of 557,500 coronavirus cases with around 22,100 deaths. Spain confirmed a total of over 169,400 coronavirus cases with 17,400 deaths, while Italy reported a total of at least 156,300 confirmed cases and 19,800 deaths. In total, there were at least 1,859,000 cases of COVID-19 worldwide with over 114,900 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Consumer discretionary shares climbed 0.4% on Monday. Meanwhile, top gainers in the sector included Kandi Technologies Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kndi#NASDAQ">KNDI</a>), up 30%, and Nautilus, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nls#NYSE">NLS</a>), up 28%.
In trading on Monday, real estate shares fell 4.3%.
Top Headline
The Organization of the Petroleum Exporting Countries and allies agreed to long-awaited production cuts in a Sunday meeting.
The 9.7 million barrels per day cut (mb/d) fell below the market expectations. The meeting effectively ended a price war between oil powerhouses Saudi Arabia and Russia started in March. OPEC+ proposed a 10 mb/d in its last meeting on Thursday, but Mexico disagreed with the 400,000 mb/d it was asked to cut. Under the latest deal, the country is only required to cut 100,000 mb/d.

Equities Trading UP
SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) shares shot up 454% to $12.68. SCWorks said it has received a committed purchase order from Rethink My Healthcare &mdash;a virtual healthcare network &mdash;for 2 million COVID-19 rapid testing units. The order also carries the provision for additional weekly orders of 2 million units for 23 weeks. The order is valued at $35 million per week, accoridng to SCWorks.
Shares of Can-Fite BioPharma Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/canf#NYSE">CANF</a>) got a boost, shooting 36% to $1.97 after the company announced it has received approval to initiate a pilot clinical study of its drug candidate, Piclidenoson, for the treatment of moderate-to-severe symptoms in coronavirus infected patients.
Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) shares were also up, gaining 77% to $0.6301 after the company said in a Thursday press release that it intends to begin accepting physician-ordered COVID-19 molecular diagnostic testing requests for processing beginning April 15.

Equities Trading DOWN
Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) shares tumbled 19% to $5.65 after the company reported offerings of senior secured notes and senior exchangeable notes.
Shares of AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) were down 20% to $2.0739. AMC is in talks to hire bankruptcy law firm Weil Gotshal as theaters shutdown since mid-March due to coronavirus, the NY Post reported.
Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>) was down, falling 19% to $1.99 after the company reported plans to delist from the NASDAQ and deregister its common stock.
Commodities

In commodity news, oil traded up 2% to $23.22, while gold traded up 0.6% to $1,763.00.
Silver traded down 3.1% Monday to $15.56, while copper rose 2.1% to $2.3065.
Euro zone
European markets were closed today for the Easter Monday holiday.
Economics
On the economics calendar Monday, there is no important data due out.

<h3>Gainers</h3>
<ul>
<li>SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) shares jumped 241% to $7.81. SCWorks said it has received a committed purchase order from Rethink My Healthcare &mdash;a virtual healthcare network &mdash;for 2 million COVID-19 rapid testing units. The order also carries the provision for additional weekly orders of 2 million units for 23 weeks. The order is valued at $35 million per week, accoridng to SCWorks.</li>
<li>Independence Contract Drilling, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/icd#NYSE">ICD</a>) shares gained 68% to $10.49 after surging over 160% on Thursday.</li>
<li>Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) shares climbed 60% to $0.57 after the company said in a Thursday press release that it intends to begin accepting physician-ordered COVID-19 molecular diagnostic testing requests for processing beginning April 15.</li>
<li>Can-Fite BioPharma Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/canf#NYSE">CANF</a>) rose 43.5% to $2.08 after the company announced it has received approval to initiate a pilot clinical study of its drug candidate, Piclidenoson, for the treatment of moderate-to-severe symptoms in coronavirus infected patients.</li>
<li>Sundance Energy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snde#NASDAQ">SNDE</a>) gained 35.7% to $3.1741.</li>
<li>U.S. Well Services, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usws#NASDAQ">USWS</a>) shares rose 28.2% to $0.6671. U.S. Well Services shares climbed over 90% on Thursday after the company disclosed a long-term contract to provide electric hydraulic fracturing services for EQT using its next-generation Clean Fleet&reg; technology.</li>
<li>Mohawk Group Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mwk#NYSE">MWK</a>) gained 23.8% to $2.65. The company last week said it saw a &quot;significant&#39; increase in demand across most product categories.</li>
<li>Cytosorbents Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctso#NASDAQ">CTSO</a>) rose 23.1% to $8.11 after the company was granted emergency use authorization by the FDA for its CytoSorb to treat coronavirus.</li>
<li>Biomerica, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bmra#NASDAQ">BMRA</a>) surged 22.3% to $9.12.</li>
<li>Penn Virginia Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pvac#NASDAQ">PVAC</a>) rose 21% to $3.80 after declining around 7% on Thursday.</li>
<li>BioCryst Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcrx#NASDAQ">BCRX</a>) rose 20.8% to $2.4999 after the company began its clinical trial of Galidesivir for treatment of coronavirus.</li>
<li>Chembio Diagnostics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cemi#NASDAQ">CEMI</a>) gained 20% to $9.69 after the company reported collaboration with Stony Brook Medicine to identify coronavirus survivors.</li>
<li>MediciNova, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mnov#NASDAQ">MNOV</a>) surged 19.5% to $7.28.</li>
<li>Canaan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/can#NASDAQ">CAN</a>) jumped 16.9% to $3.74.</li>
<li>Noble Midstream Partners LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nblx#NASDAQ">NBLX</a>) gained 16.5% to $5.30.</li>
<li>Pluristem Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/psti#NASDAQ">PSTI</a>) shares rose 16.4% to $8.11 after the company disclosed that it has treated its first patient suffering from coronavirus complications in the US under the FDA Single Patient Expanded Access Program.</li>
<li>Domo, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/domo#NASDAQ">DOMO</a>) gained 16.2% to $13.62.</li>
<li>Milestone Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mist#NASDAQ">MIST</a>) surged 14.6% to $2.74.</li>
<li>Oasis Midstream Partners LP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omp#NASDAQ">OMP</a>) shares rose 14.1% to $5.41.</li>
<li>Summit Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smmt#NASDAQ">SMMT</a>) gained 13.5% to $3.03.</li>
<li>RedHill Biopharma Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rdhl#NASDAQ">RDHL</a>) shares climbed 13.4% to $6.86 after the company announced both of its coronavirus patients treated with its Opaganib treatment showed improvement.</li>
<li>Oil States International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ois#NYSE">OIS</a>) rose 13.3% to $2.73.</li>
<li>Enable Midstream Partners, LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/enbl#NYSE">ENBL</a>) shares gained 13.3% to $3.07.</li>
<li>GameStop Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>) shares rose 13.1% to $4.40 after jumping 14% on Thursday.</li>
<li>Ovid Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ovid#NASDAQ">OVID</a>) jumped 13% to $3.21.</li>
<li>GasLog Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glop#NYSE">GLOP</a>) gained 12.9% to $2.5278.</li>
<li>Nautilus, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nls#NYSE">NLS</a>) shares surged 10.4% to $4.1501.</li>
<li>Veritone, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/veri#NASDAQ">VERI</a>) gained 9.5% to $3.24.</li>
<li>Conn&#39;s, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/conn#NASDAQ">CONN</a>) jumped 9.3% to $4.5780.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) rose 6.4% to $3.0950 after the company announced the FDA has authorized the company to initiate a pivotal clinical trial evaluating MultiStem Cell Therapy in patients with coronavirus induced acute respiratory distress syndrome.</li>
</ul>
&nbsp;
<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>
<h3>Losers</h3>
<ul>
<li>Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) shares dipped 20.7% to $5.55 after the company reported offerings of senior secured notes and senior exchangeable notes.</li>
<li>Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>) fell 19% to $2.00 after the company reported plans to delist from the NASDAQ and deregister its common stock.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) fell 17.7% to $2.14. AMC is in talks to hire bankruptcy law firm Weil Gotshal as theaters shutdown since mid-March due to coronavirus, the NY Post reported.</li>
<li>Intellicheck, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idn#NASDAQ">IDN</a>) shares declined 17.6% to $3.42.</li>
<li>Akero Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akro#NASDAQ">AKRO</a>) dipped 16.7% to $20.11.</li>
<li>Express, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/expr#NYSE">EXPR</a>) shares fell 16.3% to $2.16.</li>
<li>Ellington Financial Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/efc#NYSE">EFC</a>) shares declined 16.1% to $9.26.</li>
<li>Community Health Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cyh#NYSE">CYH</a>) dropped 16% to $3.2399.</li>
<li>Century Communities, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccs#NYSE">CCS</a>) shares declined 16% to $15.93.</li>
<li>Armada Hoffler Properties, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ahh#NYSE">AHH</a>) fell 16% to $9.66. Stifel downgraded Armada Hoffler Properties from Hold to Sell and lowered the price target from $19 to $8.</li>
<li>MarineMax, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hzo#NYSE">HZO</a>) fell 15.7% to $10.18.</li>
<li>Meredith Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdp#NYSE">MDP</a>) dropped 15.6% to $14.57.</li>
<li>Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) shares declined 14.8% to $34.26 amid continued uncertainty in travel demand outlook.</li>
<li>Akers Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aker#NASDAQ">AKER</a>) dipped 14.8% to $4.3720.</li>
<li>Exantas Capital Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xan#NASDAQ">XAN</a>) fell 13.8% to $3.00. Raymond James downgraded Exantas Capital from Outperform to Market Perform.</li>
<li>Fox Factory Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxf#NASDAQ">FOXF</a>) fell 13.9% to $43.47 after the company announced plans to temporarily suspend non-essential operations in certain manufacturing facilities. The company will suspend its earlier issued FY20 guidance.</li>
<li>LGI Homes, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lgih#NASDAQ">LGIH</a>) dropped 13.7% to $47.24.</li>
<li>Brinker International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eat#NYSE">EAT</a>) declined 13% to $15.05. Deutsche Bank maintained Brinker with a Hold and lowered the price target from $44 to $21.</li>
<li>Francesca&#39;s Holdings Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fran#NASDAQ">FRAN</a>) fell 13% to $2.5501 after gaining about 24% on Thursday.</li>
<li>Granite Point Mortgage Trust Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gpmt#NYSE">GPMT</a>) shares fell 12.8% to $4.90 after gaining around 25% on Thursday.</li>
<li>O-I Glass, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oi#NYSE">OI</a>) dipped 12.7% to $6.59. B of A Securities downgraded O-I Glass from Buy to Neutral.</li>
<li>1-800-FLOWERS.COM, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flws#NASDAQ">FLWS</a>) fell 12.3% to $14.26. DA Davidson downgraded 1-800-Flowers.com from Buy to Neutral and lowered the price target from $26 to $14.</li>
<li>Movado Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mov#NYSE">MOV</a>) fell 12.1% to $11.60.</li>
<li>Invesco Mortgage Capital Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ivr#NYSE">IVR</a>) dropped 12% to $3.89.</li>
<li>Phunware, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phun#NASDAQ">PHUN</a>) shares fell 11.8% to $0.6351. Phunware reported that it has applied for US small business admin. loan under CARES Act.</li>
<li>Noodles &amp; Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ndls#NASDAQ">NDLS</a>) dropped 11.3% to $5.08.</li>
<li>Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) dipped 10.9% to $6.74 after the company furloughed 2,300 employees across plants in U.S. and Europe.</li>
<li>Dave &amp; Buster&#39;s Entertainment, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/play#NASDAQ">PLAY</a>) dropped 10.8% to $13.10.</li>
<li>Arbor Realty Trust, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/abr#NYSE">ABR</a>) fell 9.9% to $7.04 after rising around 19% on Thursday.</li>
<li>Sundial Growers Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sndl#NASDAQ">SNDL</a>) fell 9.8% to $0.5593 after gaining around 11% on Thursday.</li>
<li>Astrotech Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/astc#NASDAQ">ASTC</a>) fell 9.8% to $3.0750 after jumping 44% on Thursday.</li>
<li>GrubHub Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/grub#NYSE">GRUB</a>) dropped 8.8% to $41.12 after the company said it expects to reinvest most Q2 profits into programs to drive more business to its restaurant partners.</li>
<li>Cocrystal Pharma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cocp#NASDAQ">COCP</a>) fell 7.3% to $0.7250 after declining over 9% on Thursday.</li>
</ul>

COCP

FRAN

GPMT

SNDL

63 Stocks Moving In Monday's Mid-Day Session

Midway through trading Monday, the Dow traded down 2.25% to 23185.53 while the NASDAQ fell 0.89% to 8,081.03. The S&amp;P also fell, dropping 1.95% to 2,735.29.
The U.S. is the epicenter of the coronavirus pandemic with the highest number of cases and deaths around the world. U.S. reported a total of 557,500 coronavirus cases with around 22,100 deaths. Spain confirmed a total of over 169,400 coronavirus cases with 17,400 deaths, while Italy reported a total of at least 156,300 confirmed cases and 19,800 deaths. In total, there were at least 1,859,000 cases of COVID-19 worldwide with over 114,900 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Consumer discretionary shares climbed 0.1% on Monday. Meanwhile, top gainers in the sector included GameStop Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>), up 17%, and Nautilus, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nls#NYSE">NLS</a>), up 16%.
In trading on Monday, financial shares fell 3.6%.
Top Headline
The Organization of the Petroleum Exporting Countries and allies agreed to long-awaited production cuts in a Sunday meeting.
The 9.7 million barrels per day cut (mb/d) fell below the market expectations. The meeting effectively ended a price war between oil powerhouses Saudi Arabia and Russia started in March. OPEC+ proposed a 10 mb/d in its last meeting on Thursday, but Mexico disagreed with the 400,000 mb/d it was asked to cut. Under the latest deal, the country is only required to cut 100,000 mb/d.

Equities Trading UP
SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) shares shot up 247% to $7.94. SCWorks said it has received a committed purchase order from Rethink My Healthcare &mdash;a virtual healthcare network &mdash;for 2 million COVID-19 rapid testing units. The order also carries the provision for additional weekly orders of 2 million units for 23 weeks. The order is valued at $35 million per week, accoridng to SCWorks.
Shares of Can-Fite BioPharma Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/canf#NYSE">CANF</a>) got a boost, shooting 35% to $1.96 after the company announced it has received approval to initiate a pilot clinical study of its drug candidate, Piclidenoson, for the treatment of moderate-to-severe symptoms in coronavirus infected patients.
Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) shares were also up, gaining 53% to $0.5438 after the company said in a Thursday press release that it intends to begin accepting physician-ordered COVID-19 molecular diagnostic testing requests for processing beginning April 15.

Equities Trading DOWN
Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) shares tumbled 21% to $5.50 after the company reported offerings of senior secured notes and senior exchangeable notes.
Shares of AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) were down 17% to $2.1550. AMC is in talks to hire bankruptcy law firm Weil Gotshal as theaters shutdown since mid-March due to coronavirus, the NY Post reported.
Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>) was down, falling 21% to $1.95 after the company reported plans to delist from the NASDAQ and deregister its common stock.
Commodities

In commodity news, oil traded up 1.9% to $23.19, while gold traded up 0.2% to $1,756.10.
Silver traded down 2.7% Monday to $15.625, while copper rose 2.7% to $2.32.
Euro zone
European markets were closed today for the Easter Monday holiday.

Economics
On the economics calendar Monday, there is no important data due out.

Mid-Day Market Update: Dow Falls Over 500 Points; SCWorx Shares Spike Higher

Monday&#39;s morning session saw 5 companies set new 52-week lows.
<h3>Things to Consider:</h3>
<ul>
<li>Qualstar&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>)&nbsp;was the biggest company by market cap to set a new 52-week low.</li>
<li>Helios Technologies&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hlio#NASDAQ">HLIO</a>)&nbsp;was the smallest company by market cap to set a new 52-week low</li>
<li>Qualstar&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>)&#39;s stock dropped the most, trading down 16.19% to reach a new 52-week low.</li>
<li>Biofrontera&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bfra#NASDAQ">BFRA</a>)&nbsp;shares were the most resilient of the group, as shares actually moved up 0.34% in response to hitting its 52-week low.</li>
</ul>
Here is a list of stocks that set new 52-week lows during the first half-hour of trading on Monday:
<ul>
<li>Qualstar&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>)&nbsp;stock hit $1.80 on Monday morning, setting a new 52-week low. The stock traded down 16.19% over the course of the day.</li>
<li>JMU&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mfh#NASDAQ">MFH</a>)&nbsp;stock set a new 52-week low of $0.50 on Monday morning, with shares later moving up 9.47%.</li>
<li>36KR Holdings&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/krkr#NASDAQ">KRKR</a>)&nbsp;shares fell to $3.43 on Monday morning, setting a new 52-week low. Shares then moved down 1.67%.</li>
<li>Biofrontera&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bfra#NASDAQ">BFRA</a>)&nbsp;stock moved down 0.34% over Monday&#39;s trading session after setting a new 52-week low of $5.90 to open trading.</li>
<li>Helios Technologies&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hlio#NASDAQ">HLIO</a>)&nbsp;shares fell to $29.54 on Monday morning, setting a new 52-week low. Shares then moved down 4.81%.</li>
</ul>

Stay with Benzinga for further updates about these companies and many others going forward.

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Stocks That Hit 52-Week Lows On Monday

Following the market opening Monday, the Dow traded down 1.35% to 23,399.06 while the NASDAQ fell 0.42% to 8,119.59. The S&amp;P also fell, dropping 1.24% to 2,755.34.
The U.S. is the epicenter of the coronavirus pandemic with the highest number of cases and deaths around the world. U.S. reported a total of 557,500 coronavirus cases with around 22,100 deaths. Spain confirmed a total of over 169,400 coronavirus cases with 17,400 deaths, while Italy reported a total of at least 156,300 confirmed cases and 19,800 deaths. In total, there were at least 1,859,000 cases of COVID-19 worldwide with over 114,900 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Energy shares climbed 1.5% on Monday. Meanwhile, top gainers in the sector included Sundance Energy Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snde#NASDAQ">SNDE</a>), up 33%, and EnLink Midstream LLC (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/enlc#NYSE">ENLC</a>), up 26%.
In trading on Monday, real estate shares fell 3.2%.
Top Headline
The Organization of the Petroleum Exporting Countries and allies agreed to long-awaited production cuts in a Sunday meeting.
The 9.7 million barrels per day cut (mb/d) fell below the market expectations. The meeting effectively ended a price war between oil powerhouses Saudi Arabia and Russia started in March. OPEC+ proposed a 10 mb/d in its last meeting on Thursday, but Mexico disagreed with the 400,000 mb/d it was asked to cut. Under the latest deal, the country is only required to cut 100,000 mb/d.

Equities Trading UP
SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) shares shot up 154% to $5.82 after the company reported a first installment of purchase order for 48 million coronavirus rapid testing units.
Shares of Independence Contract Drilling, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/icd#NYSE">ICD</a>) got a boost, shooting 77% to $11.06 after surging over 160% on Thursday.
Biocept, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bioc#NASDAQ">BIOC</a>) shares were also up, gaining 64% to $0.5855 after the company said in a Thursday press release that it intends to begin accepting physician-ordered COVID-19 molecular diagnostic testing requests for processing beginning April 15.

Equities Trading DOWN
Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) shares tumbled 18% to $5.71 after the company reported offerings of senior secured notes and senior exchangeable notes.
Shares of AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) were down 17% to $2.1501. AMC is in talks to hire bankruptcy law firm Weil Gotshal as theaters shutdown since mid-March due to coronavirus, the NY Post reported.
Qualstar Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qbak#NASDAQ">QBAK</a>) was down, falling 20% to $1.97 after the company reported plans to delist from the NASDAQ and deregister its common stock.
Commodities

In commodity news, oil traded up 0.9% to $22.97, while gold traded down 0.6% to $1,742.70.
Silver traded down 2.2% Monday to $15.695, while copper rose 3.4% to $2.3365.
Euro zone
European markets were closed today for the Easter Monday holiday.

Economics
On the economics calendar Monday, there is no important data due out.

ENLC

Mid-Morning Market Update: Markets Open Lower; OPEC+ Reaches Deal To Cut Oil Production

Qualstar Corporation Announces Plan To Delist From Nasdaq And Deregister Its Common Stock

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Stocks That Hit 52-Week Lows On Thursday

Qualstar (NASDAQ:<a class="ticker" href="/stock/QBAK#NASDAQ">QBAK</a>) reported quarterly earnings of $0.03 per share. This is a 85 percent decrease over earnings of $0.2 per share from the same period last year. The company reported $3.7 million in sales this quarter. This is a 17.31 percent increase over sales of $3.154 million the same period last year.

Qualstar Q3 EPS $0.03 Down From $0.2 YoY, Sales $3.7M Up From $3.154M YoY

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Shares of several tech companies are trading higher with the broader stock market after the Chinese Minister of Commerce said the leaders of the US and China are set to meet in Washington D.C in October.

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Shares of many technology companies are trading higher as Hong Kong tensions ease on the withdrawal of the extradition bill that has caused mass protesting. The protests are seen as a potential disruption to the global economy and U.S.-China trade talks.

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