Gainers

  • TESSCO Technologies Incorporated TESS shares jumped 86.8% to $8.78 as it agreed to be acquired by entities affiliated with Lee Equity Partners and Twin Point Capital for $9.00 in cash, resulting in an enterprise value of $161.4 million.
  • National CineMedia, Inc. NCMI jumped 84% to $0.37. National CineMedia disclosed filing a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Texas.
  • Altamira Therapeutics Ltd. CYTO gained 64.8% to $2.1759 after the company reported publication of results from Phase 2 trial with AM-125 in acute vestibular syndrome in leading peer reviewed journal.
  • HeartCore Enterprises, Inc. HTCR surged 52% to $1.3563. HeartCore forged an agreement with rYojbaba Inc for its tenth Go IPO consulting service win.
  • Guardforce AI Co., Limited GFAI rose 39% to $22.98.
  • Liquid Media Group Ltd. YVR climbed 37.4% to $0.2050 after dropping 17% on Tuesday. Liquid Media Group recently announced it received an additional deficiency notice from Nasdaq.
  • Jowell Global Ltd. JWEL surged 36.8% to $0.3693.
  • Triton International Limited TRTN gained 32% to $83.20 after Brookfield Infrastructure announced it will acquire the company for consideration valued at $85 per share.
  • China Index Holdings Limited CIH gained 31.1% to $0.9310 after gaining more than 7% on Tuesday.
  • Rosecliff Acquisition Corp I RCLF shares climbed 28% to $13.43 after gaining 5% on Tuesday.
  • Hillstream BioPharma, Inc. HILS rose 27% to $1.0712
  • Panbela Therapeutics, Inc. PBLA gained 25.1% to $0.5416 after the company announced the first patient has been enrolled in the Phase II trial of CPP-1X-T.
  • X4 Pharmaceuticals, Inc. XFOR rose 16.8% to $1.11. X4 Pharmaceuticals said its late-breaker abstract entitled "Results of a Phase 3 trial of an oral CXCR4 antagonist, Mavorixafor, for whim syndrome" has been accepted for oral presentation at the Annual Meeting of the Clinical Immunology Society.
  • Freight Technologies, Inc. FRGT jumped 14.8% to $2.48. Freight Technologies regained compliance with Nasdaq listing rule.
  • SiriusPoint Ltd. SPNT gained 13.4% to $9.48. Daniel Loeb said it has full confidence in SiriusPoint's approach to de-risking of investment portfolio to strengthen balance sheet, capital position.
  • Stryve Foods, Inc. SNAX rose 13.1% to $0.55. Stryve Foods’ meat snacks category brand, Vacadillos, expanded its presence with the rollout of its newest products.
  • Horizon Acquisition Corporation II HZON climbed 12.2% to $11.28. Flexjet agreed to terminate business combination with Horizon Acquisition Corporation II.
  • Textainer Group Holdings Limited TGH gained 11.7% to $35.92. Textainer Group said Q4 adjusted EPS and sales results were lower year over year.
  • Arrowhead Pharmaceuticals, Inc. ARWR jumped 10.6% to $29.02. SVB Securities upgraded Arrowhead Pharma from Market Perform to Outperform and raised the price target from $21 to $35.
  • Chart Industries, Inc. GTLS gained 10.5% to $124.29.
  • National Instruments Corporation NATI climbed 9.5% to $57.58 after Emerson Electric Co EMR agreed to acquire the company for $60 per share.
  • MongoDB, Inc. MDB gained 7.3% to $227.02 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $230 to $270.

Losers

  • Aeglea BioTherapeutics, Inc. AGLE shares fell 35% to $0.1655 after the company announced interim results the ongoing Phase 1/2 clinical trial of pegtarviliase for the treatment of Classical Homocystinuria and said it is exploring strategic alternatives.
  • Cutera, Inc. CUTR shares dropped 26.5% to $19.89 after the company announced the immediate terminations of Executive Chairman Daniel Plants and CEO David Mowry for cause and withdrew 2023 outlook.
  • iMedia Brands, Inc. IMBI fell 22.5% to $0.4023 after reporting weaker-than-expected Q4 results.
  • Blue Safari Group Acquisition Corp. BSGA declined 21.7% to $7.29. Blue Safari Group Acquisition and Bitdeer Technologies Group announced shareholder approval of business combination.
  • Lixte Biotechnology Holdings, Inc. LIXT dropped 21% to $0.6798.
  • NaaS Technology Inc. NAAS fell 19.1% to $8.51.
  • MMTec, Inc. MTC fell 18.5% to $0.9039.
  • 1847 Holdings LLC EFSH dropped 18.3% to $0.4899.
  • ContextLogic Inc. WISH declined 17.5% to $8.09. ContextLogic, on Tuesday, announced a 1-for-30 reverse stock split.
  • Virgin Orbit Holdings, Inc. VORB fell 17% to $0.0979. Virgin Orbit Holdings shares dropped around 30% on Tuesday after the company received a delisting notice.
  • Innovative Eyewear, Inc. LUCY fell 15% to $3.70. Innovative Eyewear filed patent for ChatGPT enabled smart eyewear.
  • ZeroFox Holdings, Inc. ZFOX dropped 14.4% to $1.7022. ZeroFox recently partnered with Google Cloud to disrupt phishing attacks and malicious URLs.
  • IMAC Holdings, Inc. BACK fell 13.5% to $0.1620 after jumping 50% on Tuesday.
  • QualTek Services Inc. QTEK dipped 12.8% to $0.3310.
  • Organigram Holdings Inc. OGI fell 12.3% to $0.6002 after the company reported Q2 financial results.
  • Nutex Health Inc. NUTX fell 12.1% to $0.8401. Nutex Health recently entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
  • Cirrus Logic, Inc. CRUS dipped 10.8% to $90.79.
  • Brenmiller Energy Ltd BNRG shares dropped 10.7% to $2.0995. Brenmiller is in advanced discussions to collaborate with leading global clean energy company to decarbonize heat and energy production worldwide.
  • Mirum Pharmaceuticals, Inc. MIRM fell 9.6% to $22.59 after the company announced preliminary Q1 financial results and a proposed convertible senior notes offering.
  • American Airlines Group Inc. AAL dropped 8.1% to $13.15 after the company issued preliminary results below analyst expectations.

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