48 Biggest Movers From Yesterday

Gainers

• Gaucho Group Holdings, Inc. VINO shares jumped 95.1% to close at $7.98 on Wednesday. Gaucho Group highlighted the launch of its Amazon Storefront.
• Orphazyme A/S ORPH gained 61.3% to settle at $16.21 ahead of the June 17 PDUFA date for Arimocolmol. Arimocolmol was developed by CytRx and has been licensed to Orphazyme.
• Kindred Biosciences, Inc. KIN shares surged 45.6% to close at $9.23 on Wednesday after Elanco announced an agreement to acquire the company for $9.25 per share.
• Anavex Life Sciences Corp. AVXL gained 21.5% to settle at $21.06.
• United Time Technology Co., Ltd. UTME surged 20.4% to close at $59.00.
• GTT Communications, Inc. GTT shares jumped 20% to close at $2.46.
• Torchlight Energy Resources, Inc. TRCH climbed 18.2% to close at $5.99. Torchlight Energy Resources shares jumped around 42% on Tuesday after the company late Monday declared a special dividend and said its combination with Metamaterial is expected to close before the end of June.
• Opthea Limited OPT shares gained 17.5% to close at $10.35 on Wednesday. The company recently appointed Mrs. Karen Adams as Vice President of Finance and Company Secretary.
• Applied UV, Inc. AUVI surged 17.4% to close at $10.60 after the company announced laboratory results confirming SteriLumen's Lumicide Ribbon kills SARS-CoV-2.
• Altimmune, Inc. ALT rose 16.5% to settle at $16.46 as the company announced results from a prespecified 6-week interim analysis of its Phase 1 trial of ALT-801 in healthy, overweight, and obese volunteers.
• Arcimoto, Inc. FUV gained 16.3% to close at $14.84.
• X Financial XYF surged 16.1% to settle at $9.60 after the company swung to a Q1 profit. The company also raised Q2 guidance for loan facilitations.
• Forward Industries, Inc. FORD shares jumped 15.8% to settle at $3.16 after the company announced a U.S. distribution agreement with Chipolo.
• Creative Realities, Inc. CREX gained 15.3% to close at $2.49.
• GBS Inc. GBS surged 14.2% to close at $4.98.
• Loop Industries, Inc. LOOP gained 13.6% to settle at $11.61.
• BioCardia, Inc. BCDA rose 12.6% to close at $4.99. BioCardia will be added to the Russell Microcap Index.
• Entera Bio Ltd. ENTX rose 11.5% to settle at $4.16. B. Riley Securities initiated coverage on Entera Bio with a Buy rating and announced a price target of $9.
• Maxar Technologies Inc. MAXR gained 11.2% to close at $39.99 after Goldman Sachs initiated coverage on the stock with a Buy rating and announced a $52 price target.
• Aprea Therapeutics, Inc. APRE rose 10.9% to settle at $5.38 after the company announced that the Phase 1/2 trial evaluating eprenetapopt in acute myeloid leukemia (AML) has met the pre-specified primary efficacy endpoint of complete remission (CR) rate.
• Sunrun Inc. RUN jumped 10.6% to close at $47.73 after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $86 to $91.
• SPI Energy Co., Ltd. SPI gained 10.4% to close at $7.24. SPI Energy’s unit, Phoenix Motorcars, recently announced it started production of third-generation electric products.
• Arrival ARVL rose 10.4% to close at $21.96 after gaining around 6% on Tuesday. Arrival provided an update regarding its partnership with United Parcel on Twitter on Wednesday.
• BriaCell Therapeutics Corp. BCTX rose 9% to settle at $6.57 after the company announced it is expanding its breast cancer platform into prostate, melanoma and lung cancers.
• Catabasis Pharmaceuticals, Inc. CATB gained 8.3% to close at $2.21 after a 13G filing from Ra Capital showed a 7.5% stake in the company.
• Camber Energy, Inc. CEI gained 8% to close at $0.7449.

Check out these big penny stock gainers and losers

Losers

• ReShape Lifesciences Inc. RSLS shares fell 31.2% to settle at $6.30 on Wednesday.
• Inhibikase Therapeutics, Inc. IKT shares tumbled 27.1% to close at $2.94 on Wednesday after the company priced an underwritten public offering of 15 million shares at $3/share for gross proceeds of approximately $45 million.
• Alzamend Neuro, Inc. ALZN shares fell 23.3% to close at $10.35 on Wednesday. Alzamend Neuro shares jumped 170% on Tuesday after the company priced its IPO at $5 per share
• Blue Apron Holdings, Inc. APRN dropped 21.5% to close at $4.34 after the company priced public offering of 4.706 million shares of Class A common stock at $4.25 per share.
• TAL Education Group TAL fell 16.9% to close at $23.97. China is planning a tough crackdown on the country's $120 billion private tutoring industry, Reuters reported.
• 9F Inc. JFU dropped 15.2% to settle at $2.23.
• Fusion Pharmaceuticals Inc. FUSN dropped 14% to close at $8.29. Fusion Pharmaceuticals recently announced the presentation of preliminary Phase 1 data from the single-dose portion of the study at the Society of Nuclear Medicine and Molecular Imaging Virtual Annual Meeting.
• Uxin Limited UXIN fell 12.6% to close at $3.94, continuing down from Tuesday. The stock initially gained on Tuesday after the company announced it secured $315 million in financing, but sold off.
• Gaotu Techedu Inc. GOTU fell 12.5% to close at $13.71. China is planning a tough crackdown on the country's $120 billion private tutoring industry, Reuters reported.
• New Oriental Education & Technology Group Inc. EDU shares declined 12.3% to settle at $8.37. Morgan Stanley downgraded New Oriental Education from Overweight to Equal-Weight and announced $8.6 price target.
• Paratek Pharmaceuticals, Inc. PRTK fell 12.1% to close at $8.99. Paratek Pharmaceuticals initiated Phase 2b trial evaluating Nuzyra (omadacycline) for Nontuberculous Mycobacterial (NTM) Pulmonary Disease caused by Mycobacterium abscessus complex (MABc).
• Yumanity Therapeutics, Inc. YMTX dropped 12.1% to settle at $13.20.
• Sphere 3D Corp. ANY fell 11.9% to close at $2.45.
• La-Z-Boy Incorporated LZB dropped 11.6% to settle at $37.34 after the company reported Q4 earnings results.
• Nexa Resources S.A. NEXA dipped 11.4% to settle at $8.67. Morgan Stanley, last week, downgraded the stock from Overweight to Equal-Weight and announced a $10.2 price target.
• Glory Star New Media Group Holdings Limited GSMG fell 11.4% to settle at $2.65.
• E-Home Household Service Holdings Limited EJH fell 11% to settle at $35.60.
• QuickLogic Corporation QUIK fell 10.9% to close at $6.50.
• Roblox Corporation RBLX dropped 8% to settle at $82.59 after announcing May user statistics. In the month of May, daily active users were 43.0 million for Roblox. This figure was up 28% year-over-year and down 1% from the month of April..
• Document Security Systems, Inc. DSS dipped 7.7% to settle at $1.68. Document Security Systems shares fell 34% on Tuesday after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company's common stock at a price of $1.50 per share.
• H&R Block, Inc. HRB dropped 6.5% to settle at $23.62 after the company reported worse-than-expected Q4 sales results.
• Oracle Corporation ORCL fell 5.6% to close at $77.08. Oracle reported upbeat results for its fourth quarter, but issued weak profit forecast for the current quarter.