• Sat. Mar 2nd, 2024

Why Calyxt Shares Are Trading Higher By Around 116%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session

ByLisa Levin

Jan 17, 2023
Why Calyxt Shares Are Trading Higher By Around 116%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session

Gainers

  • Celyad Oncology SA CYAD jumped 187% to $2.30 after gaining 21% on Friday. Celyad Oncology, last month, decided to discontinue the development of its remaining clinical program CYAD-211.
  • Calyxt, Inc. CLXT gained 116% to $0.4014 after the company and Cibus announced a definitive merger agreement.
  • BIT Mining Limited BTCM shares climbed 34.5% to $4.13 after the company announced the launch of a new energy efficient LiteCoin/DogeCoin Miner, LD3.
  • Aligos Therapeutics, Inc. ALGS jumped 29.9% to $2.13 after Piper Sandler maintained an Overweight rating on the stock and raised its price target from $3 to $7.
  • Neovasc Inc. NVCN surged 29.5% to $27.90 after Shockwave Medical announced it will acquire the company.
  • Theseus Pharmaceuticals, Inc. THRX rose 27.8% to $12.27.
  • Inspirato Incorporated ISPO gained 27% to $1.79.
  • Cuentas Inc. CUEN surged 26.7% to $0.38.
  • Hepion Pharmaceuticals, Inc. HEPA gained 26.7% to $1.18.
  • Tritium DCFC Limited DCFC jumped 25.4% to $1.8691 after the company reported FY22 preliminary sales of $95 million to $102 million. The company issued FY23 sales guidance in excess of $200 million.
  • Avenue Therapeutics, Inc. ATXI gained 23.8% to $1.5350.
  • Digihost Technology Inc. DGHI climbed 23.8% to $0.9776.
  • Aterian, Inc. ATER jumped 23% to $1.1808 after the company issued Q4 revenue guidance above analyst estimates.
  • Energy Focus, Inc. EFOI gained 22.4% to $0.6890.
  • Silvergate Capital Corporation SI surged 20.2% to $15.86 following Q4 results.
  • Bed Bath & Beyond Inc. BBBY gained 18.9% to $4.3115.
  • GreenPower Motor Company Inc. GP jumped 18.9% to $3.71.
  • Bit Digital, Inc. BTBT shares rose 18.6% to $1.40 after gaining 8% on Friday. Bit Brother recently regained compliance with Nasdaq minimum bid price requirements for continued listing.
  • Argo Blockchain plc ARBK shares rose 18.4% to $1.74. Argo Blockchain recently announced a December operational update.
  • Hut 8 Mining Corp. HUT shares gained 18.1% to $1.8660 after gaining 10% on Friday. Shares of crypto-related stocks traded higher amid a rise in Bitcoin and Ethereum prices.
  • The9 Limited NCTY surged 16.3% to $1.50.
  • AIM ImmunoTech Inc. AIM rose 16.2% to $0.73 in pre-market trading after gaining around 8% on Friday.
  • electroCore, Inc. ECOR gained 15.9% to $0.35 after the company issued Q4 and FY22 revenue guidance above analyst estimates.
  • Marathon Digital Holdings, Inc. MARA gained 13.3% to $8.70 after climbing 9% on Friday. Shares of crypto-related stocks traded higher amid a rise in Bitcoin prices.
  • National Instruments Corporation NATI rose 13.3% to $53.28 after Emerson submitted a proposal to acquire the company for $3 per share in cash.
  • Carvana Co. CVNA surged 11.4% to $7.82. Carvana announced that it adopted tax asset preservation plan designed to preserve availability of net operating losses.
  • Turkcell Iletisim Hizmetleri A.S. TKC gained 11.1% to $4.8350. SOCAR Türkiye recently selected the company to deploy a 5G-ready private wireless network.
  • Grab Holdings Limited GRAB gained 10.8% to $3.9650 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $3.6 to $4.2.
  • Canaan Inc. CAN climbed 10.8% to $3.2691. Shares of crypto-related stocks traded higher amid a rise in Bitcoin and Ethereum prices.
  • Casa Systems, Inc. CASA jumped 9.6% to $3.65. Northland Capital Markets upgraded Casa Systems from Market Perform to Outperform.
  • MGO Global Inc. MGOL shares gained 9.3% to $5.08. MGO Global priced its 1.5 million share IPO at $5 per share.
  • Coinbase Global, Inc. COIN climbed 5.6% to $52.72. Shares of crypto-related stocks traded higher amid a rise in Bitcoin and Ethereum prices.
  • Tesla, Inc. TSLA gained 5.5% to $129.09. Multiple analysts provided updates on the Elon Musk-led automaker. Jefferies maintained Tesla with a Buy rating and lowered the price target from $350 to $180.



Losers

  • Viveve Medical, Inc. VIVE shares tumbled 69.1% to $0.2724 after the company reported it will seek strategic alternatives and will be delisted from the Nasdaq. The company also announced its treatment for female stress urinary incontinence did not meet the primary endpoint.
  • Edesa Biotech, Inc. EDSA shares dipped 35.3% to $1.63 after the company reported topline Phase 2b results for its dermatology drug.
  • Angion Biomedica Corp. ANGN fell 27.5% to $0.74 after the company and Elicio Therapeutics entered a definitive merger agreement.
  • BigBear.ai Holdings, Inc. BBAI fell 23% to $1.63 after the company announced a $25 million private placement.
  • ZW Data Action Technologies Inc. CNET dropped 22.7% to $0.44.
  • FaZe Holdings Inc. FAZE fell 21.6% to $1.30.
  • Leap Therapeutics, Inc. LPTX dropped 18.4% to $0.4751 amid the company’s acquisition of Flame Biosciences.
  • Acer Therapeutics Inc. ACER fell 16.7% to $2.50.
  • Kazia Therapeutics Limited KZIA dropped 15.2% to $0.89.
  • NLS Pharmaceutics AG NLSP fell 14.5% to $1.47.
  • iQIYI, Inc. IQ fell 14.3% to $1.63. iQIYI priced its 76.5 million ADS offering at $5.90 per ADS.
  • HTG Molecular Diagnostics, Inc. HTGM shares dropped 14.2% to $4.2072. HTG recently issued a year-end update on its drug discovery business.
  • EUDA Health Holdings Limited EUDA dropped 14% to $1.84.
  • ioneer Ltd IONR fell 11.3% to $15.15. Ioneer, last week, announced finalization of a term sheet and offer of a conditional commitment for a proposed $700 million loan from the US Department of Energy.
  • ASAP, Inc. ASAP fell 11% to $0.6399 after jumping 46% on Friday.
  • Mullen Automotive, Inc. MULN shares fell 10.2% to $0.3210 after dropping over 8% on Friday.
  • Esports Entertainment Group, Inc. GMBL fell 7.4% to $0.0743. Esports Entertainment Group recently announced a preferred stock dividend.

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Image and article originally from www.benzinga.com. Read the original article here.