Why Eton Pharmaceuticals Shares Are Trading Lower By Over 15%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Gainers
- Minerva Neurosciences, Inc. (NASDAQ:NERV) surged 46.2% to $8.80. Minerva Neurosciences announced $20 million in private placement priced at a premium to market.
- Kaleyra, Inc. (NYSE:KLR) shares jumped 38.3% to $6.64 after Tata Communications Limited announced it has entered an agreement to acquire the company.
- Theriva Biologics, Inc. (NYSE:TOVX) shares jumped 30.6% to $1.0808 after the company said Orphan Drug Designation was granted by the U.S. Food and Drug Administration for VCN-01 for the treatment of pancreatic cancer.
- Joby Aviation, Inc. (NYSE:JOBY) gained 26.4% to $8.08 after the company announced it received a permit that allows the company to begin flight testing of its first production prototype.
- Baosheng Media Group Holdings Limited (NASDAQ:BAOS) shares gained 22.4% to $9.12.
- Xponential Fitness, Inc. (NYSE:XPOF) surged 18.1% to $18.57.
- JX Luxventure Limited (NASDAQ:JXJT) rose 17.4% to $2.36.
- Motorcar Parts of America, Inc. (NASDAQ:MPAA) gained 16.3% to $8.19.
- Archer Aviation Inc. (NYSE:ACHR) rose 15.6% to $3.92. Stellantis reported a 10.6% stake in Archer Aviation Class A Common Stock as of June 23.
- IronNet, Inc. (NYSE:IRNT) gained 14.8% to $0.23.
- Doma Holdings Inc. (NYSE:DOMA) surged 13.8% to $0.2026.
- Lichen China Limited (NASDAQ:LICN) rose 13.5% to $1.51.
- Opendoor Technologies Inc. (NASDAQ:OPEN) jumped 13.3% to $3.8550.
- eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR) gained 11.3% to $0.7001.
- Avalo Therapeutics, Inc. (NASDAQ:AVTX) shares climbed 11.1% to $0.4776 after declining around 14% on Tuesday. Avalo Therapeutics recently announced its Phase 2 Peak trial For quisovalimab In patients With non-eosinophilic asthma missed its primary endpoint.
- Viad Corp (NYSE:VVI) gained 10.5% to $26.82. Craig-Hallum initiated coverage on Viad with a Buy rating and announced a price target of $40.
- National CineMedia, Inc. (NASDAQ:NCMI) shares rose 10.4% to $0.3450. National CineMedia said plan of reorganization has been confirmed by the United States Bankruptcy Court.
- Fathom Digital Manufacturing Corporation (NYSE:FATH) gained 10.4% to $0.35.
- Beazer Homes USA, Inc. (NYSE:BZH) climbed 10.2% to $27.15. Wedbush upgraded Beazer Homes USA from Neutral to Outperform.
- iMedia Brands, Inc. (NASDAQ:IMBI) shares rose 9.6% to $0.1767 after dropping over 15% on Tuesday. iMedia Brands recently announced receipt of second Nasdaq non-compliance notice.
- Edgio, Inc. (NASDAQ:EGIO) gained 7.1% to $0.6478 after declining 3% on Tuesday.
- Pinterest, Inc. (NYSE:PINS) climbed 6.1% to $28.00 after Wells Fargo upgraded the stock to Overrweight from Equal-Weight.
Losers
- American Rebel Holdings, Inc. (NASDAQ:AREB) fell 31.4% to $3.7750 after jumping 17% on Tuesday. American Rebel recently announced a 1-for-25 reverse stock split.
- AST SpaceMobile, Inc. (NASDAQ:ASTS) shares fell 29.3% to $4.5050 after the company announced pricing of an upsized offering of Class A common stock.
- Leafly Holdings, Inc. (NASDAQ:LFLY) fell 24.1% to $0.2809. Leafly was granted U.S. patent #11687994 for "Systems For Selection Of Cannabis-Related Products And Visualization Of Chemical Data (The Decision Engine May Implement Artificial Intelligence)."
- Sonnet BioTherapeutics Holdings, Inc. (NASDAQ:SONN) dropped 23% to $0.52 after announcing $2.25 million registered direct offering of 5 million at $0.45/share.
- Cognition Therapeutics, Inc. (NASDAQ:CGTX) fell 22.8% to $1.93 after the company reported topline results from its Phase 2 SEQUEL study of Ct1812 in 16 adults with mild-to-moderate Alzheimer's disease.
- EdtechX Holdings Acquisition Corp. II (NASDAQ:EDTX) dropped 20.2% to $12.51.
- Tivic Health Systems, Inc. (NASDAQ:TIVC) fell 17.3% to $0.1150. Tivic Health Systems shares gained 39% on Tuesday after the company announced that it entered into a non-exclusive distribution agreement with Cardinal Health.
- Benitec Biopharma Inc. (NASDAQ:BNTC) declined 16.3% to $0.2258.
- Black Diamond Therapeutics, Inc. (NASDAQ:BDTX) dipped 15% to $5.25. HC Wainwright & Co. upgraded Black Diamond Therapeutic from Neutral to Buy and maintained $11 price target.
- Mullen Automotive, Inc. (NASDAQ:MULN) fell 14.8% to $0.1165. The company announced Tuesday that on June 23 its Series D investors exercised their final option, expiring June 30, for $100 million.
- Eton Pharmaceuticals, Inc. (NASDAQ:ETON) dropped 14.8% to $3.4397 after the FDA issued complete response letter to dehydrated alcohol injection for methanol poisoning.
- NovaGold Resources Inc. (NYSE:NG) fell 11.6% to $4.0401 after the company announced second-quarter results.
- Surgalign Holdings, Inc. (NASDAQ:SRGA) shares dropped 11.3% to $0.2394 after jumping 19% on Tuesday. Surgalign recently received NASDAQ delisting notice following its Chapter 11 filing.
- Axsome Therapeutics, Inc. (NASDAQ:AXSM) fell 11.2% to $74.01 after the company's proposed public offering of common stock.
- NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBO) fell 9.2% to $0.4356.
- Siyata Mobile Inc. (NASDAQ:SYTA) shares dropped 7.6% to $0.0535. Siyata Mobile shares dipped around 35% on Tuesday after the company priced a 50 million share offering at $0.045 per share.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) fell 7.5% to $21.28.
- Digital Media Solutions, Inc. (NYSE:DMS) shares fell 7.1% to $0.33 after dropping over 12% on Tuesday.
- TeraWulf Inc. (NASDAQ:WULF) dropped 6.3% to $1.7150.
- General Mills, Inc. (NYSE:GIS) fell 5.3% to $76.58 after the company reported a fourth-quarter revenue miss.
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