Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Loading...
Loading...

Shares of ASLAN Pharmaceuticals Limited ASLN fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation.

ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday.

Here are some other stocks moving in today’s mid-day session.

Gainers

  • Aptevo Therapeutics Inc. APVO shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering.
  • Shimmick Corporation SHIM shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.
  • Aditxt, Inc. ADTX shares climbed 45.3% to $2.3107. Aditxt and Evofem amended merger agreement.
  • Locafy Limited LCFY gained 31.2% to $7.15.
  • Autonomix Medical, Inc. AMIX jumped 27.2% to $1.3505.
  • Alpha Teknova, Inc. TKNO gained 18% to $1.60. Alpha Teknova 10% owner Telegraph Hill Partners Management Company, LLC bought a total of 12,096,773 shares at an average price of $1.24.
  • Asset Entities Inc. ASST shares climbed 17% to $1.8350.
  • Meiwu Technology Company Limited WNW gained 17% to $1.0650
  • Aehr Test Systems AEHR gained 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.
  • Allarity Therapeutics, Inc. ALLR rose 14.5% to $0.2330. Allarity Therapeutics, last month, announced that it received notice from the NASDAQ Stock Market that it was granted a hearing.
  • ClearSign Technologies Corporation CLIR gained 14.4% to $0.9499 as the company received initial order from Birwelco.
  • The Honest Company, Inc. HNST gained 14% to $4.0350.
  • GLOBALFOUNDRIES Inc. GFS climbed 12.7% to $61.36.
  • Bloom Energy Corporation BE rose 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.
  • fuboTV Inc. FUBO climbed 9.1% to $1.5610
  • GitLab Inc. GTLB gained 8.4% to $54.92 following a report suggesting the company is exploring a sale.
  • Bloom Energy Corporation BE rose 8% to $16.27 after the company announced a strategic partnership with CoreWeave.
  • V.F. Corporation VFC gained 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.

Losers

  • Cassava Sciences, Inc. SAVA fell 29.8% to $9.51 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.
  • 4D Molecular Therapeutics, Inc. FDMT declined 20.9% to $21.16. 4DMT announced Phase 2 PRISM interim results for intravitreal 4D-150 in a broad wet AMD population affirming favorable safety profile and robust clinical activity.
  • Five Below, Inc. FIVE shares dipped 19.7% to $81.93 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.
  • Sonim Technologies, Inc. SONM fell 18.2% to $0.4138.
  • Adverum Biotechnologies, Inc. ADVM dipped 16.3% to $7.46. Adverum Biotechnologies revealed 26-week interim analysis results of Ixo-vec from LUNA Phase 2 trial at 2024 ASRS Annual Meeting.
  • Structure Therapeutics Inc. GPCR fell 16.2% to $37.44.
  • Cyclerion Therapeutics, Inc. CYCN fell 13.7% to $2.50.
  • Scinai Immunotherapeutics Ltd. SCNI dipped 11.8% to $4.68.
  • Luminar Technologies, Inc. LAZR fell 11.7% to $1.8974.
  • Viking Therapeutics, Inc. VKTX dipped 10.8% to $50.89.
  • Onto Innovation Inc. ONTO fell 10% to $214.17. Onto Innovation announced Dr. Stephen Schwartz has joined its board of directors.
  • ASML Holding N.V.  ASML shares declined 9.8% to $963.01. ASML reported better-than-expected second-quarter earnings, driven by robust sales in China and a surge in new bookings.
  • Aurora Innovation, Inc. AUR fell 9.5% to $4.46.
  • Nova Ltd. NVMI declined 9.2% to $219.39.
  • Eightco Holdings Inc. OCTO shares fell 9% to $0.48. Eightco Holdings recently said first-quarter revenue fell to $9.6 million from $15.9 million in the year-ago period.
  • Credo Technology Group Holding Ltd CRDO dipped 8.8% to $30.87.
  • Siebert Financial Corp. SIEB fell 8.5% to $1.7381 after gaining over 9% on Tuesday.
  • Spirit Airlines, Inc. SAVE shares declined 8.4% to $2.8950 as the company issued soft second-quarter preliminary revenue estimates. The company estimated total revenue for the second quarter of 2024 to be approximately $1.28 billion, lower than previously expected primarily due to lower-than-expected non-ticket revenue.
  • Virpax Pharmaceuticals, Inc. VRPX shares fell 8.1% to $1.3890 after jumping 41% on Tuesday.
  • Advanced Micro Devices, Inc. AMD dipped 8% to $163.01.
  • Semtech Corporation SMTC fell 7.4% to $33.66.
  • NaaS Technology Inc. NAAS fell 7.3% to $4.32.
  • e.l.f. Beauty, Inc. ELF declined 7.1% to $175.56.
  • Safe and Green Development Corporation SGD shares dipped 7.1% to $0.38.
  • J.B. Hunt Transport Services, Inc. JBHT fell 7% to $163.74 after the company reported worse-than-expected second-quarter financial results.
  • QUALCOMM Incorporated QCOM fell 6.5% to $195.94 after HSBC downgraded the stock from Buy to Hold.
  • Snap Inc. SNAP fell 6.3% to $15.11 after Donald Trump made comments in support of TikTok.
  • NVIDIA Corporation NVDA fell 5.2% to $119.82. Shares of semiconductor stocks traded lower amid reports Biden is considering further China restrictions.

Now Read This:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsIntraday UpdateMarketsMoversTrading IdeasLosersMid-Day Movers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...