Why Sharps Technology Shares Are Trading Lower By Around 32%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

• ShiftPixy, Inc. PIXY shares jumped 152.8% to $1.09. The company announced the effective date for its reverse stock split after the close. Shareholders voted to approve a reverse split on Aug. 21. After the closing bell on Tuesday, ShiftPixy said the one-for-twenty-four reverse split will take effect on Sept. 30.
• SciSparc Ltd. SPRC gained 120.9% to $0.3450. The company reported its previously announced 1-for-26 reverse share split is expected to be implemented after market close today.
• Rite Aid Corporation RAD climbed 44% to $0.6175. Consulting firm McKinsey & Company has reached a substantial settlement agreement of $230 million to resolve lawsuits filed by numerous U.S. local governments and school districts, accusing the firm of contributing to the opioid addiction crisis through its consulting work with OxyContin maker Purdue Pharma and other pharmaceutical companies.
• MillerKnoll, Inc. MLKN surged 27% to $24.31 after the company announced better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.
• Biohaven Ltd. BHVN shares gained 24.6% to $21.99.
• American Strategic Investment Co. NYC climbed 22.8% to $7.64 after Bellevue Capital Partners, LLC launched a tender offer for shares of the company.
• Inpixon INPX gained 18.4% to $0.1512.
• MSP Recovery, Inc. LIFW shares climbed 18.3% to $0.1799 after falling around 25% on Tuesday.
• Gaucho Group Holdings, Inc. VINO gained 18.2% to $2.4699 after falling over 12% on Tuesday. Gaucho Group recently announced a 1-for-10 reverse stock split.
• Galecto, Inc. GLTO shares climbed 17.3% to $0.6740 after the company announced plans to explore strategic alternatives.
• Phoenix New Media Limited FENG climbed 16% to $1.3004 as the company announced up to $2 million share repurchase program.
• Ramaco Resources, Inc. METC rose 15.3% to $10.77.
• SoundHound AI, Inc. SOUN gained 15% to $1.84 after DA Davidson initiated coverage on the stock with a Buy rating and $5 price target.
• VBI Vaccines Inc. VBIV rose 14% to $0.7142 as the company Announced interim data from the Phase 1 study of its multivalent pan-coronavirus vaccine candidate, VBI-2901.
• Finance Of America Companies Inc. FOA gained 14% to $1.39.
• Advanced Emissions Solutions, Inc. ADES climbed 11.7% to $1.7095.
• Warrior Met Coal, Inc. HCC surged 10.5% to $51.93.
• Immunovant, Inc. IMVT climbed 10.2% to $44.04 as the company reported a proposed offering of $300 million of common stock.
• PROS Holdings, Inc. PRO surged 9.4% to $35.00. PROS Holdings is working with Qatalyst Partners to explore a sale, Reuters reported.
• WW International, Inc. WW gained 7.2% to $11.03. Craig-Hallum upgraded WW International from Sell to Hold.
• Cardiff Oncology, Inc. CRDF shares gained 7% to $1.73 after the company announced clinical data in pancreatic cancer and small cell lung cancer, including single-agent activity from onvansertib monotherapy.

Losers

• mCloud Technologies Corp. MCLD shares dipped 45.5% to $0.1569 after the company said it would not meet the listing requirements of the Nasdaq Stock Market LLC.
• Know Labs, Inc. KNW fell 32.3% to $0.24 after the company announced pricing of a $7 million public offering of common stock.
• Sharps Technology, Inc. STSS fell 31.6% to $0.56 after the company reported a $5.6 million registered direct and private placement priced at the market under Nasdaq rules.
• XWELL, Inc. XWEL dipped 29.9% to $0.1142. XWELL announced a 1-for-20 reverse stock split.
• Minerva Surgical, Inc. UTRS fell 29.6% to $0.1990 after jumping 55% on Tuesday.
• Faraday Future Intelligent Electric Inc. FFIE tumbled 26.4% to $1.8099 after the company announced an "at-the-market" equity offering program.
• Femasys Inc. FEMY dipped 25% to $1.11. Femasys shares jumped 346% on Tuesday after the company received FDA 510(k) clearance for FemaSeed, an infertility treatment.
• Tharimmune, Inc. THAR fell 24.4% to $0.2222 after surging 33% on Tuesday.
• Conduit Pharmaceuticals Inc. CDT fell 19% to $5.32 after declining more than 36% on Tuesday.
• Cheche Group Inc. CCG declined 17.4% to $13.31.
• NextEra Energy Partners, LP NEP fell 17.2% to $38.82 after the company announced it is revising its limited partner distribution per unit growth rate to 5% to 8% per year through at least 2026.
• Soleno Therapeutics, Inc. SLNO tumbled 15.8% to $22.55.
• Avinger, Inc. AVGR fell 15.5% to $6.43. Avinger raised gross proceeds of approximately $5.3 million through its at-the-market, selling an aggregate of 596,200 shares at a weighted average price of $8.97.
• DMK Pharmaceuticals Corporation DMK declined 15.2% to $0.6499. The company was recently granted a Canadian patent titled 'An Opioid For Use To Reduce And/Or Treat Drug Addiction.'
• TransCode Therapeutics, Inc. RNAZ fell 13.5% to $0.5969. TransCode Therapeutics recently priced its $8 million public offering of 15.7 million shares at $0.51/share.
• Apellis Pharmaceuticals, Inc. APLS declined 12% to $37.98.
• American Oncology Network, Inc. AONC fell 11.3% to $11.63.
• Axcella Health Inc. AXLA fell 11% to $7.07 after declining around 10% on Tuesday.
• VinFast Auto Ltd. VFS declined 9.3% to $11.68.
• PolyPid Ltd. PYPD fell 9% to $4.8980 after declining 4% on Tuesday. PolyPid recently announced a successful Good Manufacturing Practice (GMP) audit by the Israeli Ministry of Health.
• Traeger, Inc. COOK fell 8.1% to $2.60. Morgan Stanley downgraded Traeger from Equal-Weight to Underweight and lowered the price target from $4.75 to $3.
• AngloGold Ashanti Limited AU declined 7.2% to $16.87.
• Wabash National Corporation WNC fell 7% to $20.60. DA Davidson downgraded Wabash National from Buy to Neutral and announced a $25 price target.

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