Why Nvidia Shares Are Trading Higher By Over 5%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Gainers

  • QualTek Services Inc. QTEK shares jumped 127.2% to $0.1740 after dropping around 21% on Friday. Qualtek Services recently filed voluntarily petitions for Chapter 11 bankruptcy.
  • T2 Biosystems, Inc. TTOO shares climbed 99.4% to $0.1886 after the company reported second largest sepsis-driven instrument sale in company history.
  • Aclarion, Inc. ACON climbed 69% to $1.0430 after the company announced a commercial agreement with the London Clinic and London Spine Clinic
  • Arlington Asset Investment Corp. AAIC shares gained 50.1% to $4.1285 after Ellington Financial announced plans to acquire the company.
  • GreenLight Biosciences Holdings GRNA rose 37.8% to $0.2750 after the company announced it entered into a definitive agreement to be acquired by a group of buyers led by Fall Line Capital in an all-cash transaction valuing the company at approximately $45.5 million.
  • Equitrans Midstream Corporation ETRN gained 37.4% to $8.35 after RBC Capital upgraded the stock from Sector Perform to Outperform and raised its price target from $7 to $10.
  • GD Culture Group Limited GDC gained 31.3% to $5.83.
  • Atento S.A. ATTO shares surged 30.6% to $1.91 after gaining 8% on Friday.
  • Monopar Therapeutics Inc. MNPR rose 30% to $1.1726.
  • Babylon Holdings Limited BBLN surged 25.6% to $0.66.
  • PyroGenesis Canada Inc. PYR gained 24.6% to $0.8328.
  • Ideanomics, Inc. IDEX rose 22.6% to $0.0466.
  • Taro Pharmaceutical Industries Ltd. TARO surged 22.5% to $36.01.
  • Fanhua Inc. FANH climbed 18.8% to $7.69 following first-quarter results.
  • Ashford Inc. AINC rose 17.6% to $10.89.
  • Virios Therapeutics, Inc. VIRI gained 17.4% to $1.69. Virios Therapeutics recently regained compliance with Nasdaq minimum bid price requirement.
  • mCloud Technologies Corp. MCLD jumped 14.6% to $0.6150. mCloud Technologies recently formed a special committee for the purpose of exploring strategic alternatives.
  • Iovance Biotherapeutics, Inc. IOVA rose 14.5% to $8.65 after the company reported the FDA acceptance of the Biologics License Application of lifileucel for the treatment of advanced melanoma.
  • UP Fintech Holding Limited TIGR gained 13% to $2.9250 following better-than-expected quarterly results.
  • C3.ai, Inc. AI shares climbed 12.3% to $37.03. The stock appears to be moving in anticipation of the company's quarterly results, which are due after the close Wednesday.
  • Riot Platforms, Inc. RIOT gained 12.3% to $12.26.
  • ChargePoint Holdings, Inc. CHPT climbed 12.2% to $9.52 after B of A Securities upgraded the stock from Neutral to Buy.
  • Wearable Devices Ltd. WLDS shares rose 11.3% to $1.3020 after dropping 17% on Friday. Wearable Devices recently announced its Mudra Band for Apple Watch is available for preorder.
  • Kingsoft Cloud Holdings Limited KC gained 11% to $4.2050. Kingsoft Cloud recently said first-quarter FY23 earnings missed estimates.
  • Nexters Inc. GDEV climbed 9.9% to $7.50.
  • United Homes Group, Inc. UHG rose 9.9% to $11.50.
  • Coinbase Global, Inc. COIN gained 8% to $61.46 after Atlantic Equities upgraded the stock from Neutral to Overweight and announced a $70 price target.
  • Broadcom Inc. AVGO climbed 6.7% to $867.42. Several analysts, including, Keybanc, Evercore ISI Group and BMO Capital raised their price targets on the stock.
  • NVIDIA Corporation NVDA gained 5.3% to $409.94 after the company announced it would build the Israel-1 generative AI cloud supercomputer. The stock is also trading higher on continued upward AI momentum following the company's Q1 results.

Losers

  • Smart for Life, Inc. SMFL shares fell 36.6% to $1.3750. Smart for Life reported exercise of warrants for $4.5 million in gross proceeds.
  • Applied UV, Inc. AUVI dropped 33% to $0.3751. Applied UV reported a 1-for-5 reverse stock split.
  • SeqLL Inc. SQL fell 26.8% to $0.38. SeqLL entered into definitive merger agreement with Lyneer Staffing Solutions and Atlantic Acquisition Corp.
  • D-Wave Quantum Inc. QBTS dropped 21.5% to $1.3105.
  • Oncorus, Inc. ONCR fell 20.4% to $0.1750 after jumping 10% on Friday. Oncorus recently posted a narrower-than-expected quarterly loss.
  • Bright Health Group, Inc. BHG fell 18.3% to $9.61. RBC Capital maintained Bright Health with a Sector Perform and lowered the price target from $80 to $13.
  • Beamr Imaging Ltd. BMR dropped 17.3% to $3.34.
  • Unique Fabricating, Inc. UFAB dropped 16.8% to $0.2108.
  • Presto Automation Inc. PRST fell 16.7% to $2.99 after jumping 64% on Friday. Presto Automation recently entered into commitments for an $10 million common equity pipe.
  • TScan Therapeutics, Inc. TCRX shares fell 16.5% to $2.6646 after jumping 31% on Friday. TScan Therapeutics raised $140 million via secondary stock offering of 23 million at $2 per share and 47 million pre-funded warrants at $2 per share.
  • 9 Meters Biopharma, Inc. NMTR dropped 16.2% to $0.6708. 9 Meters Biopharma announced management change and issued a clinical update on vurolenatide in patients with short bowel syndrome.
  • Enveric Biosciences, Inc. ENVB dropped 15.5% to $3.6472.
  • Allarity Therapeutics, Inc. ALLR fell 14.7% to $0.2670 after declining 9% on Friday.
  • Appreciate Holdings, Inc. SFR shares dropped 11.7% to $0.2820 after jumping around 60% on Friday.
  • IronNet, Inc. IRNT shares dropped 11.4% to $0.2320 after climbing 33% on Friday. IronNet 13G Filing showed 3i, LP increased stake in the company to 9.99%.
  • Atea Pharmaceuticals, Inc. AVIR dipped 10.6% to $4.18. Atea Pharmaceuticals' board unanimously rejected unsolicited proposal from Tang Capital Partners' Affiliate, Concentra Biosciences.
  • HUTCHMED (China) Limited HCM fell 9.9% to $12.06.
  • Seelos Therapeutics, Inc. SEEL fell 9.3% to $0.8419. On May 23, Nasdaq provided notice to Seelos Therapeutics that it has not regained compliance with rule 5550(A)(2).
  • Sana Biotechnology, Inc. SANA dropped 9% to $5.72.
  • Lexicon Pharmaceuticals, Inc. LXRX shares declined 8.3% to $2.9150. Lexicon Pharmaceuticals reported the FDA approval of INPEFA for the treatment of heart failure..
  • Weibo Corporation WB fell 8.2% to $14.03.
  • Skyline Champion Corporation SKY dropped 7.6% to $59.61 after the company reported mixed Q4 financial results.
  • Comerica Incorporated CMA fell 6.8% to $36.34.

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