Companhia De Saneamento Stock (NYSE: SBS)

Companhia De Saneamento (NYSE:SBS) Stock

Companhia De Saneamento

Companhia De Saneamento Basico Do Estado De Sao Paulo is engaged in the provision of basic and environmental sanitation services in the Sao Paulo State and supplies treated water and sewage services on a wholesale basis. The company operates in a single segment, which is Sanitation services.

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Companhia De Saneamento Basico Do Estado De Sao

11 worst performers last week: SYM (-25.83%), GRAB (-11.82%), RDDT (-10.97%), BBD (-10.88%), HTHT (-10.44%), VRT (-9.82%), ITUB (-8.53%), SBS (-8.40%), DELL (-8.16%), NTNX (-7.98%), ADSK (-7.98%)

Reddit, Grab And Autodesk Are Among Top 11 Large-Cap Losers Last Week (Nov 25-Nov 29): Are The Others In Your Portfolio?

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When it comes to short-term investing or trading, they say &#34;the trend is your friend.&#34; And there&#39;s no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.

Here&#39;s Why Momentum in Sabesp Should Keep Going

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U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday.

The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&amp;P 500, also fell, dropping, 0.60% to 4,105.64.

Nasdaq Down 100 Points; Crude Oil Drops Over 1%

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares)

Companhia De Saneamento Basico Do Estado De Sao Paulo

SPANISH BRDCSTNG SYS A by Spanish Broadcasting System, Inc.

Spanish Broadcasting System Inc

Southside Bancshares Inc

Schibsted ASA

SBS Holdings Inc

SBS Transit Ltd

S&B Foods Inc

Sibanye Stillwater Ltd

WIIM

ABEV

AZUL

BBDO

BSBR

Embraer-Empresa Brasileira De Aeronautica

VALE

Shares of Brazilian companies are trading lower. A new government fiscal spending package and last week's central bank rate hike could be eroding global investor confidence and raising concerns over the nation's deficit.

MELI

Shares of Brazilian stocks are trading lower amid a rise in borrowing costs and a depreciation of the Brazilian Real.

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) shares tumbled 25.83% after the company cut its <a href="https://www.benzinga.com//node/42213634" target="_blank" rel="noreferrer noopener">first-quarter FY25 revenue outlook</a> and analysts cut <a href="https://www.benzinga.com/quote/sym/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Grab Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) shares dipped 11.82% after analysts downgraded or <a href="https://www.benzinga.com/quote/grab/analyst-ratings" target="_blank" rel="noreferrer noopener">cut the price forecast on the stock</a>.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock declined 10.97%. The company said it is accelerating its global expansion, focusing on international markets such as India and Brazil to drive<a href="https://www.benzinga.com//node/42221015" target="_blank" rel="noreferrer noopener"> user growth and unlock advertising opportunities</a>.</li>
<li>Banco Bradesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBD#NYSE">BBD</a>) shares dived 10.88%. JP Morgan analyst Domingos Falavina downgraded the <a href="https://www.benzinga.com/quote/bbd/analyst-ratings" target="_blank" rel="noreferrer noopener">company from Overweight to Neutral</a>.</li>
<li>H World Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) stock plummeted 10.44%  after the company reported <a href="https://www.benzinga.com//node/42197824" target="_blank" rel="noreferrer noopener">worse-than-expected financial results</a>.</li>
<li>Vertiv Holdings, LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) stock decreased 9.82%.</li>
<li>Itau Unibanco Banco Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITUB#NYSE">ITUB</a>) shares fell 8.53%.</li>
<li>Sabesp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBS#NYSE">SBS</a>) shares were down 8.40% last week.</li>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) shares fell 8.16% after the company reported third-quarter results, and several analysts revised their <a href="https://www.benzinga.com//node/42221770" target="_blank" rel="noreferrer noopener">forecasts for the stock</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock lost 7.98% last week after the company reported better-than-expected Q1 financial results. However, the company&#8217;s Q1 <a href="https://www.benzinga.com//node/42221971" target="_blank" rel="noreferrer noopener">performance was offset by slowing ARR</a>. Several analysts revised price forecasts on the stock.</li>
<li>Autodesk Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) stock dipped 7.98% after it reported third-quarter financial results, and analysts revised <a href="https://www.benzinga.com//node/42218196" target="_blank" rel="noreferrer noopener">their price target on the stock</a>.</li>
</ol>
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Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/12/42256613/rivian-automotive-rocket-lab-and-moderna-are-among-top-10-large-cap-gainers-last-week-nov-25-nov-29-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Rivian Automotive, Rocket Lab And Moderna Are Among Top 10 Large-Cap Gainers Last Week (Nov 25-Nov 29): Are The Others In Your Portfolio?</a></li>
</ul>

When it comes to short-term investing or trading, they say &quot;the trend is your friend.&quot; And there&#39;s no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our &quot;Recent Price Strength&quot; screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Sabesp</h2>
(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. SBS is quite a good fit in this regard, gaining 24.1% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 19.4% over the past four weeks ensures that the trend is still in place for the stock of this waste management company.
Moreover, SBS is currently trading at 96.3% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in SBS may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2323601/here-s-why-momentum-in-sabesp-sbs-should-keep-going?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2323601">To read this article on Zacks.com click here.</a>

Here's Why Momentum in Sabesp Should Keep Going

Shares of utilities companies are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday.
The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&amp;P 500, also fell, dropping, 0.60% to 4,105.64.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/05/32362810/top-5-industrials-stocks-that-may-explode-in-q2"> Top 5 Industrials Stocks That May Explode In Q2</a>
&nbsp; 
<h3>Leading and Lagging Sectors</h3>
<ul>
<li>Utilities shares rose by 0.3% on Friday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo - SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>), up 7%, and Azure Power Global Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azre#NYSE">AZRE</a>), up 6%.</li>
<li>In trading on Friday, consumer discretionary shares fell 1.2%.</li>
</ul>

&nbsp; 
<h3>Top Headline</h3>

The total number of active U.S. oil rigs fell by 2 to 586 rigs this week, Baker Hughes Inc reported.
&nbsp;
Equities Trading UP
<ul>
<li>ARS Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spry#NASDAQ">SPRY</a>) shares shot up 80% to $8.14 after the company reported the FDA&#39;s Advisory Committee voted in support of favorable benefit-risk assessment for neffy in the treatment of severe allergic reactions (Type 1), including anaphylaxis.</li>
<li>Shares of AirSculpt Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/airs#NASDAQ">AIRS</a>) got a boost, shooting 38% to $6.77 after the company reported better-than-expected Q1 sales results.</li>
<li>Getaround, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/getr#NYSE">GETR</a>) shares were also up, gaining 61% to $0.5330 after the company announced it is acquiring substantially all of the assets of HyreCar for an aggregate purchase price of $9.45 million.</li>
</ul>

&nbsp; 
<h3>Equities Trading DOWN</h3>
<ul>
<li>TOP Financial Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/top#NASDAQ">TOP</a>) shares dropped 30% to $6.42 after the SEC said it is temporarily suspending trading in the securities of the company because of &quot;recent, unusual, and unexplained market activity&quot; raising concerns regarding the adequacy and accuracy of publicly-available information.</li>
<li>Shares of Heron Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hrtx#NASDAQ">HRTX</a>) were down 37% to $1.4050 after the company reported mixed Q1 financial results.</li>
<li>Assure Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ionm#NASDAQ">IONM</a>) was down, falling 39% to $1.18 after the company announced pricing of a $6 million underwritten public offering.</li>
</ul>

Also Check This Out: <a href="https://www.benzinga.com/news/23/05/32363425/wall-streets-most-accurate-analysts-say-hold-these-3-materials-stocks-delivering-high-dividend-yield"> Wall Street&#39;s Most Accurate Analysts Say Hold These 3 Materials Stocks Delivering High-Dividend Yields</a>
&nbsp; 
<h3>Commodities</h3>

In commodity news, oil traded down 1.2% to $70.00 while gold traded down 0.1% at $2,019.00.
Silver traded down 1.2% to $24.135 on Friday while copper rose 0.5% to $3.7290.
&nbsp; 
<h3>Euro zone</h3>

European shares closed higher today. The eurozone&rsquo;s STOXX 600 gained 0.40%, London&rsquo;s FTSE 100 rose 0.31% while Spain&rsquo;s IBEX 35 Index rose 0.56% The German DAX rose 0.50%, French CAC 40 rose 0.45% and Italy&rsquo;s FTSE MIB Index rose 0.92%.
Spain&#39;s annual consumer price inflation increased to 4.1% in April from 3.3% in the previous month, while annual inflation rate in France increased to 5.9% in April from 5.7% in the prior month.
The UK economy grew 0.2% year-over-year during the first quarter, recording the smallest annual expansion since 2021. Industrial production in the UK rose 0.7% month-over-month in March, while trade deficit narrowed to &pound;2.86 billion in March versus a revised &pound;3.35 billion in the earlier month.
&nbsp; 
<h3>Asia Pacific Markets</h3>

Asian markets closed mixed on Friday, with Japan&rsquo;s Nikkei 225 gaining 0.90%, Hong Kong&rsquo;s Hang Seng Index dropping 0.59% and China&rsquo;s Shanghai Composite Index falling 1.12%. India&rsquo;s S&amp;P BSE Sensex rose 0.3%.
Hong Kong&rsquo;s economy expanded 2.7% year-over-year in the first quarter versus a revised 4.1% contraction in the earlier quarter. Annual inflation rate in India eased to 4.7% in April from 5.7% in March.
&nbsp; 
<h3>Economics</h3>
<ul>
<li>U.S.&nbsp;export prices increased by 0.2% from a month ago in April, while import prices rose 0.4% month-over-month in April.</li>
<li>The University of Michigan consumer sentiment dropped to a six-month low level of 57.7 in May from 63.5 in the prior month.</li>
<li>The total number of active U.S. oil rigs fell by 2 to 586 rigs this week, Baker Hughes Inc reported.</li>
</ul>

Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/05/32365384/over-5m-bet-on-this-communication-services-stock-check-out-these-3-penny-stocks-insiders"> Over $5M Bet On This Communication Services Stock? Check Out These 3 Penny Stocks Insiders Are Aggressively Buying</a>
&nbsp; 
<h3>COVID-19 Update</h3>

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 106,790,390 cases with around 1,162,690 deaths. India confirmed a total of at least 44,978,170 cases and 531,750 deaths, while France reported over 40,029,700 COVID-19 cases with 166,860 deaths. In total, there were at least 688,143,330 cases of COVID-19 worldwide with more than 6,873,530 deaths.

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>The following stocks are considered to be notable value stocks in the utilities sector:</h2>
<ol>
<li>Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) - P/E: 4.1</li>
<li>Suburban Propane Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPH#NYSE">SPH</a>) - P/E: 5.95</li>
<li>Kenon Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEN#NYSE">KEN</a>) - P/E: 4.66</li>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) - P/E: 6.45</li>
<li>Companhia De Saneamento (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBS#NYSE">SBS</a>) - P/E: 9.72</li>
</ol>
This quarter, Pampa Energia experienced a decrease in earnings per share, which was $3.23 in Q3 and is now $2.05. Suburban Propane Partners has reported Q1 earnings per share at $0.71, which has increased by 182.56% compared to Q4, which was -0.86. The company's most recent dividend yield sits at 8.28%, which has increased by 0.31% from 7.97% last quarter. 
Most recently, Kenon Hldgs reported earnings per share at $-15.63, whereas in Q3 earnings per share sat at $4.65. NRG Energy's earnings per share for Q4 sits at $-4.56, whereas in Q3, they were at 0.29. Its most recent dividend yield is at 4.36%, which has decreased by 0.51% from 4.87% in the previous quarter.
Companhia De Saneamento has reported Q4 earnings per share at $0.18, which has decreased by 40.0% compared to Q3, which was 0.3. The company's most recent dividend yield sits at 1.83%, which has increased by 0.76% from 1.07% last quarter. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

Overview Of Value Stocks In The Utilities Sector

Shares of several Brazilian stocks are trading higher after Brazil's Supreme Court granted an injunction that will allow the country to extend welfare payments for low-income Brazilians.

RAIN

RCEL

RDCM

REAX

REED

RGLS

RKDA

RPID

RSSS

RVLP

RYAN

SANW

SGHT

SHCR

SIEN

SLVM

SMRT

SNCE

SOHO

SOUN

SPPI

SSIC

SSYS

STXS

SWIM

SWIR

TACT

TGTX

TMDI

TNON

TOST

TOVX

TRMD

TRVI

TTOO

UGRO

URGN

USEG

USFD

VERO

VIVE

VRME

VSTA

VTEX

VTGN

VTRU

WALD

WELL

WRBY

XMTR

XNET

XPOF

XWEL

YETI

ZVIA

Earnings Scheduled For November 10, 2022

MNTK

WTRG

Shares of companies in the broader utilities sector are trading higher amid overall market strength as stocks rebound following Friday's selloff after the UK's finance minister reversed the recently proposed tax cuts. A decline in Treasury yields has also helped lift stocks in the sector.

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 308.7% to close at $0.47 after dipping around 28% on Friday.</li>
<li>Oblong, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oblg#NASDAQ">OBLG</a>) gained 167% to settle at $0.40. Shares of several companies in the technology sector traded higher as stocks rebound following recent weakness.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares rose 92.9% to close at $6.50 after the stock rose more than 80% Friday.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) gained 48.9% to close at $1.31 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) gained 44.2% to close at $2.38. FSI reported termination of merger with Lygos Inc.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares climbed 36.1% to close at $24.44 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) gained 34% to settle at $0.3015.</li>
<li>Blue Star Foods Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bsfc#NASDAQ">BSFC</a>) jumped 32% to close at $0.8316. Blue Star Foods recently signed a one-year extension to its multi-year supply contract with Sysco Corp.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) climbed 29.5% to close at $9.30.</li>
<li>Engine Gaming and Media, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/game#NASDAQ">GAME</a>) gained 28.9% to close at $0.7262. Engine Gaming&#39;s Frankly Media and Aggregated Media announced a partnership.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) climbed 26.9% to close at $38.37 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Energy Vault Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrgv#NYSE">NRGV</a>) surged 23.1% to settle at $6.50.</li>
<li>MyMD Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mymd#NASDAQ">MYMD</a>) gained 22.6% to close at $3.20.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 22.4% to close at $11.15.</li>
<li>Snow Lake Resources Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/litm#NASDAQ">LITM</a>) surged 22.2% to close at $2.15.</li>
<li>F-star Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fstx#NASDAQ">FSTX</a>) rose 21.7% to settle at $6.23. F-star Therapeutics, in August, posted a Q2 loss of $0.88 per share.</li>
<li>Locafy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lcfy#NASDAQ">LCFY</a>) gained 20.5% to settle at $0.47.</li>
<li>Isoray, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/isr#NYSE">ISR</a>) jumped 20.4% to close at $0.2769. IsoRay recently announced it entered into a definitive agreement to acquire Viewpoint Molecular Targeting.</li>
<li>Century Aluminum Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cenx#NASDAQ">CENX</a>) gained 18.6% to close at $6.26. Shares of aluminum companies traded higher as the London Metal Exchange considers a potential ban on Russian commodities.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) climbed 18.6% to close at $4.02.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) gained 18.4% to close at $2.19.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 18.3% to close at $47.81 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Immunovant, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imvt#NASDAQ">IMVT</a>) gained 18.1% to close at $6.59.</li>
<li>Gol Linhas A&eacute;reas Inteligentes S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gol#NYSE">GOL</a>) jumped 16.7% to close at $3.84 as Brazilian President Bolsonaro outperforms polls in the Brazilian runoff election.</li>
<li>Azul S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azul#NYSE">AZUL</a>) gained 16.3% to close at $9.47 after the Brazilian election resulted in a runoff giving Bolsonaro a chance to maintain the presidency.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 15.7% to close at $11.25. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Kiora Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kprx#NASDAQ">KPRX</a>) rose 15.6% to close at $7.11.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.8% to close at $1.01. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>BGC Partners, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bgcp#NASDAQ">BGCP</a>) rose 14.7% to close at $3.60. BGC Partners recently said it expects Q3 sales to be below the midpoint of the range it previously stated.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) rose 14.2% to close at $11.51.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 13.9% to close at $2.29.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to close at $3.89.</li>
<li>Endeavour Silver Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/exk#NYSE">EXK</a>) gained 13.6% to close at $3.43.</li>
<li>Oceaneering International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oii#NYSE">OII</a>) jumped 12.9% to close at $8.99. Shares of oil-related stocks traded higher as oil rises amid reports suggesting OPEC+ is considering an oil production cut of 1 million barrels per day.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) gained 12.7% to close at $1.33.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) gained 12.7% to close at $0.3370 after gaining 8% on Friday.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 12.6% to close at $13.90.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 11.1% to close at $37.39.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 10.6% to close at $3.0963. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 8.8% to close at $0.1850. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) gained 8.5% to close at $8.47.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) gained 8.2% to close at $3.18 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) gained 7.9% to close at $5.58. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a 1M barrel per day oil production cut.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) gained 7.3% to close at $2.73.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) gained 7% to settle at $19.39.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) gained 6.2% to close at $0.50.</li>
</ul>
&nbsp;
<h3>Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) fell 45.3% to close at $3.16 on Monday after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares fell 28.2% to close at $2.01 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>Nuwellis, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nuwe#NASDAQ">NUWE</a>) dipped 22.1% to settle at $0.4201 after the company announced results of the AVOID-HF clinical study analysis at the 2022 HFSA meeting, showing a &quot;statistically superior clinical benefit of Aquadex therapy in reducing heart failure events and mortality.&quot;</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) dropped 20.9% to close at $0.0949. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 20.6% to close at $2.40. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 19.5% to close at $14.59. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Pharvaris N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phvs#NASDAQ">PHVS</a>) dropped 19.3% to close at $6.19.</li>
<li>Ecoark Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zest#NASDAQ">ZEST</a>) fell 19.2% to settle at $1.05.</li>
<li>GigaCloud Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gct#NASDAQ">GCT</a>) dropped 18.5% to close at $8.24. Aegis Capital initiated coverage on GigaCloud Tech with a Buy rating and announced a price target of $26.</li>
<li>Adamis Pharmaceuticals Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/admp#NASDAQ">ADMP</a>) dropped 16.8% to close at $0.1651. Adamis Pharmaceuticals announced a review of strategic alternatives.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15.8% to close at $8.15.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14.9% to close at $5.90 after dropping 20% on Friday.</li>
<li>Eve Holding, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/evex#NYSE">EVEX</a>) dropped 14.6% to settle at $7.89.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) fell 14% to close at $29.10. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 13.8% to close at $0.8970.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) fell 12.8% to close at $16.16.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) fell 12% to close at $8.80.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 10.6% to close at $61.04.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) fell 10.6% to close at $7.86.</li>
<li>Third Harmonic Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thrd#NASDAQ">THRD</a>) dropped 10.4% to close at $17.00.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) fell 10.3% to close at $0.0969. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ape#NYSE">APE</a>) fell 10% to close at $2.44.</li>
<li>mCloud Technologies Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcld#NASDAQ">MCLD</a>) dipped 9.3% to settle at $1.36.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 9.2% to close at $2.07. Lilium recently announced partnership with GlobeAir.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 8.6% to close at $242.40 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
<li>Lordstown Motors Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ride#NASDAQ">RIDE</a>) dropped 7.7% to settle at $1.69.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) fell 6.1% to close at $10.44.</li>
</ul>

Pre-Market Outlook

ACOR

ADMP

ADTX

ANEB

APLS

APRN

ATHX

ATXI

AURA

AVCT

BGCP

BLTE

BSFC

CALA

CENX

CLNN

CSCW

EVEX

FAZE

FNGR

FNHC

FSTX

GAME

HIPO

IDCC

IMVT

Kiora Pharmaceuticals, Inc. - Common Stock

KPRX

Kintara Therapeutics, Inc. - Common Stock

KTRA

KUKE

LCFY

LILM

LITM

LOGC

LTRY

LVWR

MCLD

MESO

MOND

MyMD Pharmaceuticals, Inc. - Common Stock

MYMD

MYOV

NRGV

NUWE

OBLG

PHVS

QTEK

RELY

Lordstown Motors Corp. - Class A Common Stock

RIDE

SHF Holdings, Inc. - Class A Common Stock

SHFS

TENX

THRD

TKAT

TMBR

TSLA

TYRA

VSAT

WLDS

ZEST

Why Oil-Related Stocks Traded Higher; Here Are 74 Biggest Movers From Yesterday

Shares of Brazilian companies are trading higher as President Bolsonaro outperforms polls in the Brazilian runoff election.

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 223% to $0.3725 after dipping around 28% on Friday.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares gained 63.3% to $5.50 after the stock rose more than 80% Friday.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) gained 47.1% to $14.83.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares gained 36% to $24.43 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) climbed 33% to $1.1701 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) rose 32% to $1.56.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) rose 25.7% to $2.0736. FSI reported termination of merger with Lygos Inc.</li>
<li>Bionomics Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bnox#NASDAQ">BNOX</a>) gained 24.4% to $7.79.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 20.9% to $3.3861. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Versus Systems Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vs#NASDAQ">VS</a>) gained 20.5% to $0.2254.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) rose 20.3% to $8.64.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 20.2% to $10.95.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) jumped 19.9% to $0.5645.</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 19.4% to $0.2030. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) climbed 18.5% to $3.4876 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) rose 16.7% to $0.3490 after gaining 8% on Friday.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 16.3% to $2.33.</li>
<li>Freight Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frgt#NASDAQ">FRGT</a>) climbed 15.6% to $0.59.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.5% to $1.0087. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) surged 13.7% to $8.17.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to $3.89.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 13% to $11.02 Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Atlis Motor Vehicles, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amv#NASDAQ">AMV</a>) rose 12.8% to $23.00 after dropping around 40% on Friday.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) jumped 12% to $2.85.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 11.9% to $13.81.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) fell 11.7% to $8.73.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) gained 10% to $3.70.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 8.5% to $36.52.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) jumped 6% to $19.20.</li>
</ul>
<h3>
Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) dropped 35% to $3.76 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares dipped 31.4% to $1.92 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 31.2% to $2.0812. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) fell 23.3% to $0.0920. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) dropped 20.8% to $26.80. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) dropped 15% to $8.50.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15% to $8.23.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14% to $5.96 after dropping 20% on Friday.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 14% to $0.8949.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 12.9% to $1.9850. Lilium recently announced partnership with GlobeAir.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 12.1% to $60.03.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 11.7% to $16.00. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) dropped 11.5% to $7.78.</li>
<li>Lion Group Holding Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lghl#NASDAQ">LGHL</a>) fell 11% to $0.89.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) declined 9.7% to $16.72.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) dropped 8.2% to $0.0991. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) dipped 7.8% to $10.25.</li>
<li>SAI.TECH Global Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sai#NASDAQ">SAI</a>) fell 7.3% to $3.0050 after jumping 43% on Friday.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 7.2% to $246.09 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
</ul>

Alternative Asset Management Acquisition Corp

BNOX

FRGT

LGHL

Why Tesla Shares Are Trading Lower By Over 7%, Here Are 52 Stocks Moving In Monday's Mid-Day Session

U.S. stocks traded higher, with the Dow Jones gaining more than 500 points on Monday. Here are some big stocks recording gains in today&rsquo;s session.
<ul>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 20.2% to $10.95.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 13% to $11.02. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) gained 12.7% to $2.47.</li>
<li>Companhia Energ&eacute;tica de Minas Gerais (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cig#NYSE">CIG</a>) jumped 12.3% to $2.27. Shares of Brazilian companies traded higher after the Brazilian presidential election resulted in a runoff, giving Bolsonaro a chance to maintain the presidency.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 11.9% to $13.81.</li>
<li>Cosan S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/csan#NYSE">CSAN</a>) gained 9.6% to $14.11.</li>
<li>Matador Resources Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtdr#NYSE">MTDR</a>) rose 9.6% to $53.63. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>SM Energy Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sm#NYSE">SM</a>) gained 9% to $40.99. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 8.5% to $36.52.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) jumped 6% to $19.20.</li>
</ul>

CSAN

Viasat, Vertiv Holdings And Some Other Big Stocks Moving Higher On Monday

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