Why RAPT Therapeutics Shares Are Trading Lower By Over 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Gainers

  • Ainos, Inc. AIMD shares jumped 69.3% to $1.27 after the company announced it signed a Memorandum of Understanding with Merdury Biopharmaceutical to jointly explore and develop a strategic business relationship.
  • First Republic Bank FRC surged 45% to $45.24 as part of what appears to be a relief rally in the financial sector as several bank names bounce back after facing heavy selling pressure over the last few trading sessions.
  • PacWest Bancorp PACW shares jumped 44.7% to $14.11 after multiple insider buys by Officers, Directors reported late Monday. Several bank names bounced back after facing heavy selling pressure over the last few trading sessions. Multiple insider buys by Officers, Directors reported late Monday.
  • PaxMedica, Inc. PXMD gained 41.5% to $2.53.
  • Western Alliance Bancorporation WAL shares gained 36% to $35.63. Wells Fargo maintained an Overweight rating on the stock, but lowered its price target from $90 to $65. Western Alliance Bancorporation’s form 13G showed Citadel Advisors LLC increased stake in company to 5.3%.
  • Ambipar Emergency Response AMBI surged 33.6% to $7.55.
  • Metropolitan Bank Holding Corp. MCB rose 32.7% to $33.88 after dropping 44% on Monday.
  • MMTec, Inc. MTC gained 33.5% to $1.99. MMTec announced relocation of operations from Beijing to Hong Kong.
  • Avid Bioservices, Inc. CDMO surged 30.6% to $18.05 following upbeat quarterly earnings.
  • Akumin Inc. AKU gained 26.5% to $1.05.
  • Sigilon Therapeutics, Inc. SGTX gained 26.3% to $0.8886.
  • SMX (Security Matters) Public Limited Company SMX gained 26% to $3.7450.
  • Seacoast Banking Corporation of Florida SBCF gained 23.2% to $26.05.
  • First Foundation Inc. FFWM gained 20.4% to $9.34.
  • Momentive Global Inc. MNTV shares rose 19.4% to $9.22 as the company agreed to be acquired by Symphony Technology Group for $1.5 billion.
  • Coastal Financial Corporation CCB gained 18.1% to $38.66.
  • Inhibikase Therapeutics, Inc. IKT surged 18.1% to $0.88. The FDA recently lifted the full Clinical Hold on Inhibikase Therapeutics’ IkT-148009, the company's c-Abl inhibitor, in Multiple System Atrophy (MSA), allowing the company to proceed with its plans for a future Phase 2 clinical trial in MSA.
  • Vincerx Pharma, Inc. VINC jumped 17.7% to $1.13.
  • Tempest Therapeutics, Inc. TPST gained 17.5% to $1.34.
  • KeyCorp KEY shares rose 17.5% to $13.38 after dropping 27% on Monday.
  • Amylyx Pharmaceuticals, Inc. AMLX rose 16.2% to $36.21 as the company posted a narrower-than-expected quarterly loss.
  • The Bancorp, Inc. TBBK gained 16.2% to $30.21.
  • Veritex Holdings, Inc. VBTX gained 15.6% to $20.05.
  • Bunge Limited BG jumped 14.1% to $104.30 after it was announced the company will replace Signature Bank in the S&P 500.
  • Cvent Holding Corp. CVT gained 12.2% to $8.31 after the company announced it will be acquired by Blackstone for $8.50 per share.
  • Cipher Mining Inc. CIFR surged 11.3% to $2.0250 after the company provided a Q4 and full year 2022 business update.
  • Imperial Petroleum Inc. IMPP shares rose 7.4% to $0.1790. Imperial Petroleum reported termination of at-the-market equity offering program.

Losers

  • RAPT Therapeutics, Inc. RAPT shares declined 30.6% to $18.46 following Q4 results.
  • GitLab Inc. GTLB dropped 28.4% to $31.94 after the company issued weak revenue guidance.
  • Oportun Financial Corporation OPRT fell 28.4% to $3.00 following weak quarterly results.
  • Aspen Group, Inc. ASPU shares fell 25.3% to $ 0.1270 after the company announced voluntary delisting from Nasdaq Capital Market.
  • Aridis Pharmaceuticals, Inc. ARDS dropped 22.1% to $0.4248 after the company announced a $2.28 million registered direct offering.
  • Gaotu Techedu Inc. GOTU declined 19.1% to $3.8299.
  • Unicycive Therapeutics, Inc UNCY fell 17.5% to $1.79 after declining 19% on Monday.
  • BigBear.ai Holdings, Inc. BBAI dropped 15.3% to $1.93 after reporting a wider-than-expected quarterly loss.
  • OKYO Pharma Limited OKYO fell 15.2% to $1.78. OKYO Pharma priced $5.3 million offering of 3,503,665 ADSs at a price of $1.50 per ADS.
  • Natura &Co Holding S.A. NTCO dropped 14.8% to $4.76 following Q4 results.
  • Loyalty Ventures Inc. LYLT fell 14.8% to $0.1890 after declining around 8% on Friday. Loyalty Ventures recently announced bankruptcy filings and plans to delist from the Nasdaq Global Select Market.
  • Cingulate Inc. CING fell 11.3% to $1.1701. Cingulate shares dropped around 29% on Monday after the company reported worse-than-expected Q4 EPS results.
  • Couchbase, Inc. BASE dropped 10.7% to $13.64.
  • Toro Corp. TORO shares fell 10% to $3.5580 after gaining over 6% on Monday.
  • Ambrx Biopharma Inc. AMAM dropped 9.6% to $9.26.
  • BuzzFeed, Inc. BZFD shares dropped 9.4% to $1.16 after the company issued weak first-quarter guidance.
  • NextPlay Technologies, Inc. NXTP fell 8.3% to $0.9901 after dropping over 11% on Monday.
  • The Lovesac Company LOVE dropped 6.6% to $22.25.
  • United Airlines Holdings, Inc. UAL fell 5.4% to $46.22. United Airlines said it now sees Q1 adjusted EPS of $0.60 to $1.00 per share, versus analysts’ estimates of $0.66 per share.

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