Why Oil-Related Stocks Traded Higher; Here Are 74 Biggest Movers From Yesterday
Gainers
- LogicBio Therapeutics, Inc. (NASDAQ:LOGC) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca's subsidiary, Alexion, for $2.07 per share.
- FedNat Holding Company (NASDAQ:FNHC) jumped 308.7% to close at $0.47 after dipping around 28% on Friday.
- Oblong, Inc. (NASDAQ:OBLG) gained 167% to settle at $0.40. Shares of several companies in the technology sector traded higher as stocks rebound following recent weakness.
- FingerMotion, Inc. (NASDAQ:FNGR) shares rose 92.9% to close at $6.50 after the stock rose more than 80% Friday.
- Wearable Devices Ltd. (NASDAQ:WLDS) gained 48.9% to close at $1.31 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.
- Flexible Solutions International, Inc. (NYSE:FSI) gained 44.2% to close at $2.38. FSI reported termination of merger with Lygos Inc.
- Myovant Sciences Ltd. (NYSE:MYOV) shares climbed 36.1% to close at $24.44 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.
- Lottery.com Inc. (NASDAQ:LTRY) gained 34% to settle at $0.3015.
- Blue Star Foods Corp. (NASDAQ:BSFC) jumped 32% to close at $0.8316. Blue Star Foods recently signed a one-year extension to its multi-year supply contract with Sysco Corp.
- LiveWire Group, Inc. (NYSE:LVWR) climbed 29.5% to close at $9.30.
- Engine Gaming and Media, Inc. (NASDAQ:GAME) gained 28.9% to close at $0.7262. Engine Gaming's Frankly Media and Aggregated Media announced a partnership.
- Viasat, Inc. (NASDAQ:VSAT) climbed 26.9% to close at $38.37 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.
- Energy Vault Holdings, Inc. (NYSE:NRGV) surged 23.1% to settle at $6.50.
- MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD) gained 22.6% to close at $3.20.
- Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) gained 22.4% to close at $11.15.
- Snow Lake Resources Ltd. (NASDAQ:LITM) surged 22.2% to close at $2.15.
- F-star Therapeutics, Inc. (NASDAQ:FSTX) rose 21.7% to settle at $6.23. F-star Therapeutics, in August, posted a Q2 loss of $0.88 per share.
- Locafy Limited (NASDAQ:LCFY) gained 20.5% to settle at $0.47.
- Isoray, Inc. (NYSE:ISR) jumped 20.4% to close at $0.2769. IsoRay recently announced it entered into a definitive agreement to acquire Viewpoint Molecular Targeting.
- Century Aluminum Company (NASDAQ:CENX) gained 18.6% to close at $6.26. Shares of aluminum companies traded higher as the London Metal Exchange considers a potential ban on Russian commodities.
- Aditxt, Inc. (NASDAQ:ADTX) climbed 18.6% to close at $4.02.
- Athersys, Inc. (NASDAQ:ATHX) gained 18.4% to close at $2.19.
- InterDigital, Inc. (NASDAQ:IDCC) jumped 18.3% to close at $47.81 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.
- Immunovant, Inc. (NASDAQ:IMVT) gained 18.1% to close at $6.59.
- Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL) jumped 16.7% to close at $3.84 as Brazilian President Bolsonaro outperforms polls in the Brazilian runoff election.
- Azul S.A. (NYSE:AZUL) gained 16.3% to close at $9.47 after the Brazilian election resulted in a runoff giving Bolsonaro a chance to maintain the presidency.
- Vertiv Holdings Co (NYSE:VRT) jumped 15.7% to close at $11.25. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.
- Kiora Pharmaceuticals, Inc. (NASDAQ:KPRX) rose 15.6% to close at $7.11.
- New Gold Inc. (NYSE:NGD) gained 14.8% to close at $1.01. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.
- BGC Partners, Inc. (NASDAQ:BGCP) rose 14.7% to close at $3.60. BGC Partners recently said it expects Q3 sales to be below the midpoint of the range it previously stated.
- Avenue Therapeutics, Inc. (NASDAQ:ATXI) rose 14.2% to close at $11.51.
- QualTek Services Inc. (NASDAQ:QTEK) gained 13.9% to close at $2.29.
- Coeur Mining, Inc. (NYSE:CDE) gained 13.7% to close at $3.89.
- Endeavour Silver Corp. (NYSE:EXK) gained 13.6% to close at $3.43.
- Oceaneering International, Inc. (NYSE:OII) jumped 12.9% to close at $8.99. Shares of oil-related stocks traded higher as oil rises amid reports suggesting OPEC+ is considering an oil production cut of 1 million barrels per day.
- Color Star Technology Co., Ltd. (NASDAQ:CSCW) gained 12.7% to close at $1.33.
- Acorda Therapeutics, Inc. (NASDAQ:ACOR) gained 12.7% to close at $0.3370 after gaining 8% on Friday.
- Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) rose 12.6% to close at $13.90.
- Alcoa Corporation (NYSE:AA) gained 11.1% to close at $37.39.
- Anebulo Pharmaceuticals, Inc. (NASDAQ:ANEB) jumped 10.6% to close at $3.0963. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).
- Tenax Therapeutics, Inc. (NASDAQ:TENX) gained 8.8% to close at $0.1850. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.
- Mondee Holdings, Inc. (NASDAQ:MOND) gained 8.5% to close at $8.47.
- Calithera Biosciences, Inc. (NASDAQ:CALA) gained 8.2% to close at $3.18 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.
- Kosmos Energy Ltd. (NYSE:KOS) gained 7.9% to close at $5.58. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a 1M barrel per day oil production cut.
- Mesoblast Limited (NASDAQ:MESO) gained 7.3% to close at $2.73.
- United States Steel Corporation (NYSE:X) gained 7% to settle at $19.39.
- Kuke Music Holding Limited (NYSE:KUKE) gained 6.2% to close at $0.50.
Losers
- Blue Apron Holdings, Inc. (NYSE:APRN) fell 45.3% to close at $3.16 on Monday after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.
- Clene Inc. (NASDAQ:CLNN) shares fell 28.2% to close at $2.01 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).
- Nuwellis, Inc. (NASDAQ:NUWE) dipped 22.1% to settle at $0.4201 after the company announced results of the AVOID-HF clinical study analysis at the 2022 HFSA meeting, showing a "statistically superior clinical benefit of Aquadex therapy in reducing heart failure events and mortality."
- Timber Pharmaceuticals, Inc. (NYSE:TMBR) dropped 20.9% to close at $0.0949. Timber Pharmaceuticals reported a $1.3 million registered direct offering.
- American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) fell 20.6% to close at $2.40. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.
- Aura Biosciences, Inc. (NASDAQ:AURA) fell 19.5% to close at $14.59. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.
- Pharvaris N.V. (NASDAQ:PHVS) dropped 19.3% to close at $6.19.
- Ecoark Holdings, Inc. (NASDAQ:ZEST) fell 19.2% to settle at $1.05.
- GigaCloud Technology Inc. (NASDAQ:GCT) dropped 18.5% to close at $8.24. Aegis Capital initiated coverage on GigaCloud Tech with a Buy rating and announced a price target of $26.
- Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) dropped 16.8% to close at $0.1651. Adamis Pharmaceuticals announced a review of strategic alternatives.
- FaZe Holdings Inc. (NASDAQ:FAZE) declined 15.8% to close at $8.15.
- SHF Holdings, Inc. (NASDAQ:SHFS) fell 14.9% to close at $5.90 after dropping 20% on Friday.
- Eve Holding, Inc. (NYSE:EVEX) dropped 14.6% to settle at $7.89.
- Belite Bio, Inc (NASDAQ:BLTE) fell 14% to close at $29.10. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.
- Takung Art Co., Ltd. (NASDAQ:TKAT) declined 13.8% to close at $0.8970.
- Hippo Holdings Inc. (NYSE:HIPO) fell 12.8% to close at $16.16.
- Waldencast plc (NASDAQ:WALD) fell 12% to close at $8.80.
- Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) fell 10.6% to close at $61.04.
- Tyra Biosciences, Inc. (NASDAQ:TYRA) fell 10.6% to close at $7.86.
- Third Harmonic Bio, Inc. (NASDAQ:THRD) dropped 10.4% to close at $17.00.
- Kintara Therapeutics, Inc. (NASDAQ:KTRA) fell 10.3% to close at $0.0969. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.
- AMC Entertainment Holdings, Inc. (NYSE:APE) fell 10% to close at $2.44.
- mCloud Technologies Corp. (NASDAQ:MCLD) dipped 9.3% to settle at $1.36.
- Lilium N.V. (NASDAQ:LILM) dropped 9.2% to close at $2.07. Lilium recently announced partnership with GlobeAir.
- Tesla, Inc. (NASDAQ:TSLA) shares fell 8.6% to close at $242.40 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.
- Lordstown Motors Corp. (NASDAQ:RIDE) dropped 7.7% to settle at $1.69.
- Remitly Global, Inc. (NASDAQ:RELY) fell 6.1% to close at $10.44.