54 Biggest Movers From Thursday
$ACHR
$ACST
$ALLK
$AVCT
Aerospace
Industrials
Biotechnology: Pharmaceutical Preparations
Health Care
Gainers
- 22nd Century Group, Inc. (NASDAQ:XXII) surged 38.6% to settle at $3.05. The FDA authorized marketing of tobacco products that help reduce exposure to and consumption of nicotine for smokers who use them.
- The Oncology Institute, Inc. (NASDAQ:TOI) gained 38.5% to close at $10.44.
- Pasithea Therapeutics Corp. (NASDAQ:KTTA) shares climbed 36.7% to close at $2.01 on Thursday. Pasithea recently said it expanded its footprint with second Ketamine Therapy Clinic in the UK.
- Eliem Therapeutics, Inc. (NASDAQ:ELYM) gained 31% to settle at $14.19. Eliem Therapeutics, during November, reported a Q3 loss of $0.70 per share.
- REE Automotive Ltd. (NASDAQ:REE) jumped 26.6% to close at $5.04. Hitachi and Ree Automotive recently agreed on collaboration to advance and simplify the adoption of sustainable electric vehicles globally.
- Biofrontera Inc. (NASDAQ:BFRI) gained 25.4% to close at $13.17.
- Theseus Pharmaceuticals, Inc. (NASDAQ:THRX) jumped 24.1% to settle at $11.14.
- Allakos Inc. (NASDAQ:ALLK) surged 22.2% to close at $10.45. Morgan Stanley maintained Allakos with an Equal-Weight and lowered the price target from $86 to $10. Allakos shares tumbled 90% on Wednesday after the company reported data from ENIGMA 2 Phase 3 study of lirentelimab in eosinophilic gastritis (EG) or eosinophilic duodenitis (EoD) and KRYPTOS Phase 2/3 study of lirentelimab in eosinophilic esophagitis (EoE).
- Genocea Biosciences, Inc. (NASDAQ:GNCA) shares jumped 19.7% to close at $1.2450 after gaining over 7% on Wednesday.
- Nxt-ID, Inc. (NASDAQ:NXTD) gained 19.7% to close at $4.01.
- View, Inc. (NASDAQ:VIEW) shares climbed 19% to close at $4.57. View recently entered a strategic agreement with RXR Realty to combine the WorxWell data analytics platform into its technology stack.
- HTG Molecular Diagnostics, Inc. (NASDAQ:HTGM) gained 18.1% to settle at $4.37. HTG recently completed HTP product next-phase development milestone.
- Nikola Corporation (NASDAQ:NKLA) jumped 18% to close at $11.09 following a tweet by the company highlighting the delivery of its first truck to a customer.
- TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) rose 18% to settle at $3.6450.
- Sunlight Financial Holdings Inc. (NYSE:SUNL) gained 17% to close at $4.48.
- BioSig Technologies, Inc. (NASDAQ:BSGM) jumped 16.9% to settle at $2.70.
- Lightning eMotors, Inc. (NYSE:ZEV) surged 16.5% to close at $6.79.
- Finch Therapeutics Group, Inc. (NASDAQ:FNCH) shares gained 15.8% to close at $10.79.
- Xilio Therapeutics, Inc. (NASDAQ:XLO) jumped 15.7% to close at $16.00.
- NextDecade Corporation (NASDAQ:NEXT) gained 15.6% to settle at $3.19.
- New Pacific Metals Corp. (NYSE:NEWP) surged 15.5% to close at $3.42.
- Archer Aviation Inc. (NYSE:ACHR) rose 14.5% to close at $6.86.
- Sunlight Financial Holdings Inc. (NYSE:SUNL) jumped 17% to settle at $4.48. Sunlight Financial, last month, reported Q3 sales of $30.00 million.
- Hyzon Motors Inc. (NASDAQ:HYZN) rose 13.6% to close at $7.08 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $12 price target.
- Osmotica Pharmaceuticals plc (NASDAQ:OSMT) rose 11.3% to close at $1.18. HC Wainwright & Co. initiated coverage on Osmotica Pharmaceuticals with a Buy rating and announced a price target of $5.
- XL Fleet Corp. (NYSE:XL) jumped 9.8% to close at $3.81.
- Scientific Games Corporation (NASDAQ:SGMS) climbed 9% to close at $67.75 after the company announced it has withdrew its offer to acquire the remaining 19% equity interest in SciPlay.
- uCloudlink Group Inc. (NASDAQ:UCL) climbed 8.9% to close at $3.30.
- Energy Focus, Inc. (NASDAQ:EFOI) gained 8.7% to close at $4.02.
- Bright Health Group, Inc. (NYSE:BHG) gained 7.1% to close at $3.76. Morgan Stanley recently downgraded Bright Health from Equal-Weight to Underweight and lowered the price target from $5 to $4.
- Sigilon Therapeutics, Inc. (NASDAQ:SGTX) gained 7.1% to close at $3.00. Canaccord Genuity maintained Sigilon Therapeutics with a Buy and lowered the price target from $12 to $7.
- ESS Tech, Inc. (NYSE:GWH) gained 6.6% to close at $13.50. Baird recently initiated ESS Tech with an Outperform rating and a price target of $15, implying an upside of 17.6%.
Check out these big penny stock gainers and losers
Losers
- InnovAge Holding Corp. (NASDAQ:INNV) shares fell 35.6% to close at $5.31 on Thursday. The Centers for Medicare and Medicaid Services (CMS) has determined to suspend new enrollments at InnovAge Holding’s Colorado centers based on deficiencies detected in an audit.
- Zhangmen Education Inc. (NYSE:ZME) dropped 28.7% to settle at $6.05.
- American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) fell 24% to close at $1.90 after jumping 34% on Wednesday.
- CNFinance Holdings Limited (NYSE:CNF) dropped 20.3% to settle at $2.99.
- Longeveron Inc. (NASDAQ:LGVN) fell 18.9% to close at $13.70.
- Nuverra Environmental Solutions, Inc. (NYSE:NES) dipped 18.6% to settle at $2.01. Nuverra Environmental Solutions recently entered into merger agreement with Select Energy Services.
- Quidel Corporation (NASDAQ:QDEL) dipped 17.4% to close at $137.39 after the company announced it will acquire Ortho Clinical Diagnostics for $24.68 per share in cash and stock.
- Acasti Pharma Inc. (NASDAQ:ACST) fell 17.2% to settle at $1.40. Acasti Pharma jumped over 52% on Wednesday after Oppenheimer initiated coverage on the stock with an Outperform rating and a $6 price target.
- Hyperfine Inc. (NASDAQ:HYPR) dropped 15.8% to close at $9.19.
- Evelo Biosciences, Inc. (NASDAQ:EVLO) declined 15.1% to settle at $6.79. Evelo Bio’s 8-K showed that the company gave planned updates to study protocol for Phase 2 trial of EDP1815 in atopic dermatitis.
- Codex DNA, Inc. (NASDAQ:DNAY) dropped 14.4% to close at $6.31. Codex DNA highlighted release of new full-length synthetic genome of SARS-CoV-2 virus for omicron.
- GreenPower Motor Company Inc. (NASDAQ:GP) fell 13.1% to close at $8.86.
- SciPlay Corporation (NASDAQ:SCPL) fell 12.8% to close at $13.49 after the company reported its independent special committee was unable to reach a deal with Scientific Games.
- Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) dropped 12.4% to close at $3.66.
- Lilium N.V. (NASDAQ:LILM) dropped 12.2% to close at $7.83 after climbing around 15% on Wednesday.
- Crocs, Inc. (NASDAQ:CROX) fell 11.6% to close at $123.53 after the company announced the acquisition of HEYDUDE for $2.5 billion.
- NEXGEL, Inc. (NASDAQ:NXGL) dropped 11.4% to settle at $3.12. The company recently priced its IPO at $5.50 per share.
- Reliance Global Group, Inc. (NASDAQ:RELI) fell 10.7% to close at $4.32. Reliance Global Group recently announced definitive agreement to acquire Medigap Health Insurance Company for $19.6 million in cash and stock.
- Willdan Group, Inc. (NASDAQ:WLDN) fell 10.6% to close at $32.08. Willdan recently won a $90 million contract to reduce greenhouse gas emissions in New York Housing.
- Mission Produce, Inc. (NASDAQ:AVO) shares fell 8.5% to close at $15.82 after the company reported weaker-than-expected results for its fourth quarter on Wednesday.
- TMC the metals company Inc. (NASDAQ:TMC) dropped 8.1% to close at $2.05.
- JD.com, Inc. (NASDAQ:JD) fell 6.9% to close at $68.65 after Tencent said it will distribute the majority of its shares in JD.com, valued at HKD 127.7 billion ($16.4 billion), to its shareholders as an interim dividend, effectively diluting its stake in JD.Com from around 17% to about 2.3%.