Why Caribou Biosciences Shares Are Trading Higher By Around 58%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Gainers

• Caribou Biosciences, Inc. (NASDAQ:CRBU) shares jumped 58.1% to $6.45 after the company announced a $25 million equity investment from Pfizer.
• Mullen Automotive, Inc. (NASDAQ:MULN) shares climbed 53.1% to $ 0.2616 fter the company on Wednesday announced the retention of a law group to investigate possible naked short selling. The company also announced a buyback on Thursday.
• T2 Biosystems, Inc. (NASDAQ:TTOO) gained 27.5% to $0.0944. T2 Biosystems announced the conversion of approximately 20% of its term loan with entities affiliated with CRG Servicing LLC into its common stock and Series B convertible preferred stock.
• Borqs Technologies, Inc. (NASDAQ:BRQS) jumped 23.5% to $0.1915. Borqs Technologies and SkyCentrics will start commercial shipment of next generation CTA-2045 ECOPORT Smart Control Products in the third quarter.
• Micromobility.com Inc. (NASDAQ:MCOM) shares rose 16.8% to $0.1321. micromobility.com recently announced a strategic realignment to strengthen its financial position and drive profitability.
• Genius Sports Limited (NYSE:GENI) gained 14.2% to $6.63 after the company agreed to a multi-year extension of the National Football League partnership.
• Aethlon Medical, Inc. (NASDAQ:AEMD) rose 13.7% to $0.3865. The company recent posted a narrower fourth-quarter loss.
• Aurora Mobile Limited (NASDAQ:JG) gained 12.1% to $0.2756. Aurora Mobile secured approval to transfer to Nasdaq Capital Market.
• Barnes & Noble Education, Inc. (NYSE:BNED) rose 11.2% to $1.8250.
• Sweetgreen, Inc. (NYSE:SG) shares climbed 10.8% to $14.44 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $9 to $17.
• urban-gro, Inc. (NASDAQ:UGRO) gained 10.6% to $1.3490.
• The Children's Place, Inc. (NASDAQ:PLCE) rose 10.4% to $26.31.
• Minim, Inc. (NASDAQ:MINM) gained 9.3% to $4.95.
• Holley Inc. (NYSE:HLLY) rose 7% to $4.0550. Canaccord Genuity maintained Holley with a Buy and raised the price target from $5 to $6.
• Perion Network Ltd. (NASDAQ:PERI) shares climbed 6.6% to $32.91 following preliminary results for the second quarter. The company expects to report revenues of $176.0 million (+20% Y/Y) vs. consensus of $169.88 million and adjusted EBITDA of $40.0 million (+40% Y/Y), with adjusted EBITDA-to-revenue of 23%.

Losers

• Allarity Therapeutics, Inc. (NASDAQ:ALLR) shares fell 53% to $3.89 after the company priced its public offering of 2.44 million shares and warrants to purchase up to 2.44 million shares at combined price of $4.50.
• VBI Vaccines Inc. (NASDAQ:VBIV) fell 52% to $1.1393. VBI Vaccines reported pricing of $18 million public offering and $3 million concurrent registered direct offering. VBI Vaccines and Brii Biosciences also announced the expansion of their hepatitis B partnership.
• ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell 23.8% to $2.92 after the company said the eblasakimab 400mg Q4W dosing arm did not meet the primary or secondary endpoints with statistical significance.
• Nymox Pharmaceutical Corporation (NASDAQ:NYMX) fell 23.1% to $0.1914 after the company received a Nasdaq Hearing Delist Decision, noting that Nymox has not regained the required $1.00 share price within the 6-month extension period granted by Nasdaq, and hence the company's shares will be suspended from trading on NASDAQ at the open of business on July 7, 2023.
• iMedia Brands, Inc. (NASDAQ:IMBI) dropped 19.3% to $0.1251.
• 22nd Century Group, Inc. (NASDAQ:XXII) fell 18.8% to $3.05. 22nd Century announced a $3 million registered direct offering priced above market.
• ALX Oncology Holdings Inc. (NASDAQ:ALXO) fell 17% to $6.05.
• Freight Technologies, Inc. (NASDAQ:FRGT) dipped 16% to $0.9242.
• Cybin Inc. (NASDAQ:CYBN) fell 15.1% to $0.4158.
• MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD) dropped 15% to $1.1899.
• Spark Networks SE (NASDAQ:LOV) dipped 14.6% to $0.4109.
• Nuburu, Inc. (NYSE:BURU) fell 14.4% to $0.5499.
• Applied Digital Corporation (NASDAQ:APLD) dropped 14.1% to $7.71. Wolf Pack Research out with short report on the company titled "APLD: An Embarrassing And Predictable Stock Promotion."
• Affirm Holdings, Inc. (NASDAQ:AFRM) declined 14% to $13.26 after Piper Sandler downgraded the stock from Neutral to Underweight.
• Tattooed Chef, Inc. (NASDAQ:TTCF) fell 12.7% to $0.2505. Tattooed Chef recently announced it intends to file for voluntary Chapter 11 Bankruptcy protection.
• Offerpad Solutions Inc. (NYSE:OPAD) dropped 11.6% to $11.15. Offerpad Solutions said that Jawad Ahsan will become Chief Financial Officer of the company effective July 10, succeeding Michael Burnett, who will remain with the company in an advisory capacity through Aug. 1.
• Calliditas Therapeutics AB (NASDAQ:CALT) fell 11% to $15.85 after gaining around 13% on Wednesday.
• Aurora Innovation, Inc. (NASDAQ:AUR) declined 10% to $2.7993.
• Archer Aviation Inc. (NYSE:ACHR) dropped 9.4% to $4.39. Canaccord Genuity reiterated Archer Aviation with a Buy and maintained a $9 price target.
• Upstart Holdings, Inc. (NASDAQ:UPST) fell 8.4% to $35.60. The stock is potentially falling in sympathy with peer digital lending platform Affirm Holdings. Piper Sandler analyst Kevin Barker on Thursday downgraded Affirm from Neutral to Underweight and announced an $11 price target.
• Wayfair Inc. (NYSE:W) fell 7.7% to $58.93.
• Rackspace Technology, Inc. (NASDAQ:RXT) dropped 7.2% to $2.2697.

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