Why Adial Pharmaceuticals Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Gainers

• XORTX Therapeutics Inc. (NASDAQ:XRTX) shares jumped 60.2% to $0.5101 after jumping 34% on Thursday.
• Lipella Pharmaceuticals Inc. (NASDAQ:LIPO) climbed 58.7% to $2.46. Lipella Pharmaceuticals announced FDA clearance of IND for LP-310 for oral lichen planus.
• Catalyst Biosciences, Inc. (NASDAQ:CBIO) jumped 44% to $0.5780.
• MMTec, Inc. (NASDAQ:MTC) gained 37.6% to $2.84 after jumping 51% on Thursday. MMTEC is scheduled to hold its 2023 annual meeting of shareholders on Nov. 10, 2023.
• Nouveau Monde Graphite Inc. (NYSE:NMG) surged 28% to $2.60
• Aravive, Inc. (NASDAQ:ARAV) shares climbed 26.3% to $0.1780 after falling 15% on Thursday.
• HUB Cyber Security Ltd. (NASDAQ:HUBC) shares jumped 22.7% to $0.6994 after jumping 25% on Thursday. HUB Cyber Security recently reported the strategic appointment of Mr. Noah Hershcoviz as Chief Strategy Officer and a member of the Company’s Board of Directors.
• Urgent.ly Inc. (NASDAQ:ULY) shares gained 21% to $6.66 after falling around 52% on Thursday. Urgent.ly announced the closing of its acquisition of Otonomo Technologies Ltd.
• FLJ Group Limited (NASDAQ:FLJ) surged 17.5% to $ 0.2574.
• Eiger BioPharmaceuticals, Inc. (NASDAQ:EIGR) gained 17.4% to $0.3199.
• Versus Systems Inc. (NASDAQ:VS) climbed 16.8% to $0.2150.
• American Well Corporation (NYSE:AMWL) shares rose 13.9% to $1.0750. American Well and Leidos Holdings have recently won a next-generation contract to provide a hybrid care technology platform designed to power the "Digital First" transformation of the U.S. Military Health System (MHS).
• Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shares climbed 12.1% to $1.11 after falling 12% on Thursday.
• Knight-Swift Transportation Holdings Inc. (NYSE:KNX) shares gained 11.1% to $50.95 after the company reported better-than-expected third-quarter financial results.
• Intelligent Living Application Group Inc. (NASDAQ:ILAG) rose 9.8% to $0.90 after falling around 17% on Thursday.
• SuperCom Ltd. (NASDAQ:SPCB) gained 9.6% to $0.4715.
• Bowlero Corp. (NYSE:BOWL) shares rose 9.4% to $11.92 after the company announced it completed a $432.9 million sale-leaseback with VICI Properties.
• TeraWulf Inc. (NASDAQ:WULF) surged 9.3% to $1.19.
• Nocera, Inc. (NASDAQ:NCRA) gained 8.8% to $1.4250.
• Vicarious Surgical Inc. (NASDAQ:RBOT) rose 6.7% to $0.4150.

Losers

• WEBUY GLOBAL LTD. (NASDAQ:WBUY) shares tumbled 33.7% to $3.5407 after surging 33% on Thursday. Webuy Global priced $15.2 million initial public offering of 3.8 million ordinary shares at $4 per share.
• SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares fell 28.3% to $81.68 after the company issued preliminary third-quarter revenue results below estimates and lowered its non-GAAP gross margin forecast. Deutsche Bank downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $300 to $150, while Roth MKM downgraded the stock from Buy to Neutral and cut the price target from $280 to $100.
• Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) shares fell 27.8% to $0.39.
• Outlook Therapeutics, Inc. (NASDAQ:OTLK) dipped 26.7% to $0.4833.
• RVL Pharmaceuticals plc (NASDAQ:RVLP) fell 22.8% to $0.0320.
• Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) shares fell 22.4% to $2.35. Arcutis Biotherapeutics priced $100 million public offering of 32.5 million common shares at $2.50 per share.
• Lazydays Holdings, Inc. (NASDAQ:LAZY) fell 21.1% to $6.49.
• SeaStar Medical Holding Corporation (NASDAQ:ICU) fell 21% to $0.94 after gaining over 54% on Thursday. The FDA recently granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal syndrome.
• Renovaro Biosciences Inc. (NASDAQ:RENB) fell 19.6% to $2.7650.
• Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) dipped 19.6% to $2.2601 after the company announced a $4 million private placement priced at-the-market under Nasdaq rules.
• Atreca, Inc. (NASDAQ:BCEL) shares fell 18.5% to $0.30, after jumping around 35% on Thursday.
• Alpine 4 Holdings, Inc. (NASDAQ:ALPP) dipped 18% to $0.9101.
• Gamer Pakistan Inc. (NASDAQ:GPAK) declined 18% to $0.8850.
• Neptune Wellness Solutions Inc. (NASDAQ:NEPT) declined 14% to $0.8245.
• Enphase Energy, Inc. (NASDAQ:ENPH) shares fell 13.3% to $100.42 in sympathy with SolarEdge, which issued weak preliminary third-quarter outlook.
• Regions Financial Corporation (NYSE:RF) declined 12.6% to $14.40 after the company reported worse-than-expected third-quarter financial results.
• SunPower Corporation (NASDAQ:SPWR) shares fell 9.7% to $5.03. Exane BNP Paribas analyst Moses Sutton initiated coverage on SunPower with an Underperform rating and announced a price target of $4.
• Spectral AI, Inc. (NASDAQ:MDAI) fell 9.7% to $3.2601. Spectral AI shares jumped 39% on Thursday after the company announced that its DeepView SnapShot Wound Imaging System was marked for use in the U.K. and received Class 1 medical device classification with the FDA.
• Cuentas Inc. (NASDAQ:CUEN) fell 9.4% to $1.0602. The company recently appointed Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer.
• Bitdeer Technologies Group (NASDAQ:BTDR) fell 9% to $ 3.10. Bitdeer announced a new $2 million share repurchase program.
• Definitive Healthcare Corp. (NASDAQ:DH) declined 8.7% to $6.92.
• Lindsay Corporation (NYSE:LNN) fell 8.7% to $111.95. Lindsay recently reported better-than-expected fourth-quarter financial results.
• Sunrun Inc. (NASDAQ:RUN) shares declined 7.8% to $9.75 in pre-market trading in sympathy with SolarEdge, which issued weak preliminary Q3 outlook.
• Hewlett Packard Enterprise Company (NYSE:HPE) fell 7.3% to $15.11 after it chalked out long-term and FY24 outlook at its recent investor day.
• Oracle Corporation (NYSE:ORCL) declined 6.1% to $101.71.
• Sunnova Energy International Inc. (NYSE:NOVA) shares fell 5.8% to $8.69. Deutsche Bank downgraded Sunnova Energy Intl from Buy to Hold and lowered the price target from $23 to $12.5.
• Intuitive Surgical, Inc. (NASDAQ:ISRG) fell 5% to $259.98 after the company reported mixed third-quarter financial results.

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