Shares of RayzeBio, Inc. RYZB rose sharply during Tuesday’s session after the company announced that it will be acquired by Bristol Myers Squibb for $62.50 per share in cash in a deal worth $4.1 billion.
RayzeBio shares gained 100% to $61.38 on Tuesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- ARB IOT Group Limited ARBB shares rose 270% to $3.4850 after gaining around 18% on Friday.
- IMAC Holdings, Inc. BACK shares jumped 108% to $5.05 after jumping 53% on Friday.
- Inspira Technologies Oxy B.H.N. Ltd. IINN jumped 75% to $2.0988 after the company announced 95% accuracy results for HYLA blood sensor.
- Gracell Biotechnologies Inc. GRCL shares gained 60.3% to $9.92 after AstraZeneca announced plans to buy Gracell Biotechnologies for up to $1.2 billion.
- Science 37 Holdings, Inc. SNCE jumped 52% to $6.62. Science 37 Holdings got notification from Nasdaq indicating the company regained compliance with minimum closing bid price requirement for continued listing.
- Volcon, Inc. VLCN rose 49.8% to $0.1483 after jumping around 24% on Friday.
- Sight Sciences, Inc. SGHT gained 48.9% to $5.42.
- AERWINS Technologies Inc.AWIN gained 36.4% to $0.1637 after the company entered into a letter of intent to form an entity with Helicopter Technology. The company will own 70% and Helicopter Technology will own 30%.
- SCWorx Corp. WORX rose 32% to $2.3349 after the company announced that it signed a definitive agreement and plan of merger with American Environmental Partners.
- 60 Degrees Pharmaceuticals, Inc. SXTP gained 30% to $1.1750 after the company announced IRB approval of its Phase IIA clinical study to evaluate tafenoquine for babesiosis.
- Absci Corporation ABSI jumped 27% to $4.23.
- CVRx, Inc. CVRX rose 19% to $29.72. CVRx received FDA approval for expanded labeling of barostim.
- Wheels Up Experience Inc. UP gained 15.5% to $3.66.
- GigaCloud Technology Inc. GCT jumped 13.9% to $16.93.
- Fusion Pharmaceuticals Inc. FUSN rose 13.5% to $7.75.
- Tuya Inc. TUYA gained 11.9% to $2.2950.
- Stratasys Ltd. SSYS shares gained 11.1% to $14.57. Stratasys confirmed receipt of unsolicited preliminary proposal from Nano Dimension at $16.50 per share.
- Sentage Holdings Inc. SNTG shares gained 10.3% to $1.82 following results for the six months ended June 30, 2023.
- Verona Pharma plc VRNA rose 10.1% to $19.36.
- Applied Optoelectronics, Inc. AAOI gained 9.9% to $22.97.
- NIO Inc. NIO rose 9.9% to $9.25 after the company unveiled a new smart EV model over the weekend.
- Polestar Automotive Holding UK PLC PSNY gained 9.5% to $2.52.
- Hollysys Automation Technologies Ltd. HOLI shares gained 6.7% to $27.24 as the company got an increased acquisition offer from a buyer Consortium led by Dazheng Group Acquisition Limited.
Losers
- PARTS iD, Inc. ID shares declined 43.3% to $0.0489 after the company entered into a Credit Agreement with Fifth Star.
- Milestone Pharmaceuticals Inc. MIST fell 32.2% to $1.9534 after the company announced that it received a Refusal to File letter from the FDA for the New Drug Application for self-administered etripamil nasal spray for the treatment of paroxysmal supraventricular tachycardia.
- Prospector Capital Corp. LDTC shares fell 30.3% to $2.9218 after jumping around 77% on Friday.
- NextPlay Technologies, Inc. NXTP shares fell 23.8% to $2.08 after surging over 200% on Friday.
- ENDRA Life Sciences Inc. NDRA fell 23.6% to $1.91.
- Esports Entertainment Group, Inc. GMBL dipped 23.6% to $5.28.
- Banzai International, Inc. BNZI declined 20.7% to $2.75.
- Adit EdTech Acquisition Corp. ADEX shares fell 20.6% to $3.9801. Adit EdTech Acquisition announced intention to voluntarily de-list from NYSE American.
- Know Labs, Inc. KNW dipped 19.2% to $0.47. Know Labs filed for mixed shelf of up to $18 million.
- Turbo Energy, S.A. TURB fell 19% to $1.23.
- Starbox Group Holdings Ltd. STBX declined 16.2% to $0.2599.
- Jin Medical International Ltd. ZJYL fell 15.7% to $116.94 after jumping 94% on Friday.
- ZIM Integrated Shipping Services Ltd. ZIM declined 15.2% to $9.82.
- Vroom, Inc. VRM shares fell 14.5% to $0.6295. Vroom filed a preliminary proxy statement with the SEC regarding a special stockholders' meeting to be held on Feb. 5, 2024 to effect a reverse stock split of the company's common stock at an exchange ratio between 1-for-35 to 1-for-80.
- NeoVolta Inc. NEOV fell 14.4% to $1.54.
- Journey Medical Corporation DERM dipped 13.8% to $6.86.
- Asset Entities Inc. ASST fell 13.4% to $0.6907 after surging 21% on Friday.
- Enlivex Therapeutics Ltd. ENLV fell 11% to $2.57.
- FlexShopper, Inc. FPAY fell 9.5% to $1.6191.
- BTC Digital Ltd. BTCT fell 9.3% to $4.08. BTC Digital announced entry into $1.014 million share subscription agreements in connection with private placement of ordinary shares for the issue and sale of 303,497 ordinary shares of the company, par value $0.06 per share.
- Oncternal Therapeutics, Inc. ONCT fell 8% to $0.55. Oncternal Therapeutics updated the status of a recent study involving a treatment for relapsed or refractory aggressive B-cell lymphoma, including patients who have failed previous CD19 CAR-T treatment.
- Gannett Co., Inc. GCI fell 6.2% to $2.43.
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