Why Gorilla Technology Group Shares Are Trading Lower By 25%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

MSP Recovery, Inc. (NASDAQ:LIFW) shares jumped 104.5% to $0.1916.

Digital Transformation Opportunities Corp. (NASDAQ:DTOC) rose 100.7% to $27.50 after dipping 53% on Tuesday.

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) gained 56.4% to $4.8499. Bluejay Diagnostics, last month, announced a $1.59 million registered direct offering of 216,000 shares at $7.365 per share.

Fresh Tracks Therapeutics, Inc. (NASDAQ:FRTX) shares gained 50% to $0.8705 after the company announced its Board of Directors has approved a plan of liquidation and dissolution.

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) rose 38% to $0.1478.

TransCode Therapeutics, Inc. (NASDAQ:RNAZ) shares gained 32.9% to $0.6974 after falling 10% on Tuesday.

Evaxion Biotech A/S (NASDAQ:EVAX) gained 29.2% to $0.6201. Evaxion partnered with pharmaceutical company Afrigen Biologics to develop novel mRNA vaccine against gonorrhoea.

Steelcase Inc. (NYSE:SCS) jumped 27.3% to $11.22. Steelcase reported better-than-expected results for its second quarter.

Solowin Holdings (NASDAQ:SWIN) gained 26% to $3.08.

Cambridge Bancorp (NASDAQ:CATC) rose 23.9% to $60.22 after the company announced it entered into a definitive agreement to merge with Eastern Bankshares.

Histogen Inc. (NASDAQ:HSTO) shares rose 23.4% to $0.4873. Histogen shares fell 40% on Tuesday after the company announced its Board of Directors approved a Plan of Dissolution.

Genius Group Limited (NYSE:GNS) jumped 22.2% to $1.0750. Genius Group signed a joint venture partnership with Groove Digital Inc and Groove AI to deliver artificial-intelligence powered tools to GeniusU partners and faculty.

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) gained 22% to $0.3047.

eHealth, Inc. (NASDAQ:EHTH) gained 20.1% to $8.07. eHealth Form 4 filing showed Director Dale B Wolf bought 15,000 shares at an average price of $7.05.

Asset Entities Inc. (NASDAQ:ASST) jumped 19.4% to $0.64.

Atara Biotherapeutics, Inc. (NASDAQ:ATRA) rose 17.7% to $1.8606. Atara Biotherapeutics announced plans to submit Tab-cel BLA in the second quarter of 2024 following FDA agreement on comparability.

EBET, Inc. (NASDAQ:EBET) shares gained 16.7% to $0.0618.

Azul S.A. (NYSE:AZUL) jumped 12.8% to $9.33. Goldman Sachs upgraded Azul from Neutral to Buy and raised the price target from $14.9 to $18.3.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) jumped 9% to $10.60.

Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL) gained 8.3% to $2.9350 as the company disclosed preliminary traffic figures for August.

Losers

Seelos Therapeutics, Inc. (NASDAQ:SEEL) shares fell 75.2% to $0.2477 after the company announced its SLS-002 Phase II study did not meet the pre-defined primary endpoint due to limited sample size.

ARS Pharmaceuticals, Inc. (NASDAQ:SPRY) fell 55.1% to $2.9650. The FDA issued a Complete Response Letter regarding ARS Pharmaceuticals’ New Drug Application (NDA) for neffy (epinephrine nasal spray) in the treatment of Allergic Reactions (Type I), including anaphylaxis (fatal allergic reaction) for adults and children ≥30 kg.

Connexa Sports Technologies Inc. (NASDAQ:CNXA) shares fell 40% to $0.1181 after jumping 160% on Tuesday.

Molekule Group, Inc. (NASDAQ:MKUL) fell 37.6% to $0.4589. Molekule Group said board authorized the company’s management to commence preparation of voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.

IceCure Medical Ltd (NASDAQ:ICCM) fell 36.6% to $0.57 after the company announced the FDA has at this time denied its De Novo Classification request for breast cancer which was submitted based on interim analysis from its ICE3 study.

QuantaSing Group Limited (NASDAQ:QSG) declined 36.4% to $3.47.

Bird Global, Inc. (NYSE:BRDS) shares fell 32.2% to $0.97. Bird Global shares jumped more than 103% on Tuesday after the company announced its purchase of micromobility operator Skinny Labs for $19 million.

Gorilla Technology Group Inc. (NASDAQ:GRRR) declined 24.6% to $1.07. Gorilla announced a $25 million registered direct offering of convertible preferred stock.

Cheche Group Inc. (NASDAQ:CCG) shares fell 22.8% to $25.00 after falling 56% on Tuesday.

Elutia Inc. (NASDAQ:ELUT) fell 18.8% to $1.34 after jumping 33% on Tuesday. The company announced a $26 million private placement of 7,355,869 shares of common stock at $1.4275 per share.

Cazoo Group Ltd (NYSE:CZOO) declined 16.9% to $0.8227. Cazoo announced deleveraging plan with noteholders and shareholders, enhancing financial flexibility.

Axcella Health Inc. (NASDAQ:AXLA) declined 16.6% to $10.13. The company recently announced 1-for-25 reverse stock split.

TD Holdings, Inc. (NASDAQ:GLG) fell 12.6% to $0.1510 after gaining 7% on Tuesday.

CSP Inc. (NASDAQ:CSPI) fell 12.6% to $17.13.

Calidi Biotherapeutics, Inc. (NASDAQ:CLDI) fell 10.1% to $3.04.

ImmunityBio, Inc. (NASDAQ:IBRX) tumbled 9.2% to $1.6250.

Neumora Therapeutics, Inc. (NASDAQ:NMRA) shares fell 8% to $11.02.

Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO) fell 7.4% to $9.97.

BeiGene, Ltd. (NASDAQ:BGNE) fell 7.2% to $193.86. B of A Securities analyst David Li maintained BeiGene with a Neutral and lowered the price target from $224.13 to $212.

Color Star Technology Co., Ltd. (NASDAQ:ADD) declined 7% to $1.4599.

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