Why Panbela Therapeutics Shares Are Trading Higher By Around 25%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
$AAL
$AGLE
$ARWR
$BACK
Air Freight/Delivery Services
Consumer Discretionary
Biotechnology: Pharmaceutical Preparations
Health Care
Gainers
- TESSCO Technologies Incorporated (NASDAQ:TESS) shares jumped 86.8% to $8.78 as it agreed to be acquired by entities affiliated with Lee Equity Partners and Twin Point Capital for $9.00 in cash, resulting in an enterprise value of $161.4 million.
- National CineMedia, Inc. (NASDAQ:NCMI) jumped 84% to $0.37. National CineMedia disclosed filing a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Texas.
- Altamira Therapeutics Ltd. (NASDAQ:CYTO) gained 64.8% to $2.1759 after the company reported publication of results from Phase 2 trial with AM-125 in acute vestibular syndrome in leading peer reviewed journal.
- HeartCore Enterprises, Inc. (NASDAQ:HTCR) surged 52% to $1.3563. HeartCore forged an agreement with rYojbaba Inc for its tenth Go IPO consulting service win.
- Guardforce AI Co., Limited (NASDAQ:GFAI) rose 39% to $22.98.
- Liquid Media Group Ltd. (NASDAQ:YVR) climbed 37.4% to $0.2050 after dropping 17% on Tuesday. Liquid Media Group recently announced it received an additional deficiency notice from Nasdaq.
- Jowell Global Ltd. (NASDAQ:JWEL) surged 36.8% to $0.3693.
- Triton International Limited (NYSE:TRTN) gained 32% to $83.20 after Brookfield Infrastructure announced it will acquire the company for consideration valued at $85 per share.
- China Index Holdings Limited (NASDAQ:CIH) gained 31.1% to $0.9310 after gaining more than 7% on Tuesday.
- Rosecliff Acquisition Corp I (NASDAQ:RCLF) shares climbed 28% to $13.43 after gaining 5% on Tuesday.
- Hillstream BioPharma, Inc. (NASDAQ:HILS) rose 27% to $1.0712
- Panbela Therapeutics, Inc. (NASDAQ:PBLA) gained 25.1% to $0.5416 after the company announced the first patient has been enrolled in the Phase II trial of CPP-1X-T.
- X4 Pharmaceuticals, Inc. (NASDAQ:XFOR) rose 16.8% to $1.11. X4 Pharmaceuticals said its late-breaker abstract entitled "Results of a Phase 3 trial of an oral CXCR4 antagonist, Mavorixafor, for whim syndrome" has been accepted for oral presentation at the Annual Meeting of the Clinical Immunology Society.
- Freight Technologies, Inc. (NASDAQ:FRGT) jumped 14.8% to $2.48. Freight Technologies regained compliance with Nasdaq listing rule.
- SiriusPoint Ltd. (NYSE:SPNT) gained 13.4% to $9.48. Daniel Loeb said it has full confidence in SiriusPoint's approach to de-risking of investment portfolio to strengthen balance sheet, capital position.
- Stryve Foods, Inc. (NASDAQ:SNAX) rose 13.1% to $0.55. Stryve Foods’ meat snacks category brand, Vacadillos, expanded its presence with the rollout of its newest products.
- Horizon Acquisition Corporation II (NASDAQ:HZON) climbed 12.2% to $11.28. Flexjet agreed to terminate business combination with Horizon Acquisition Corporation II.
- Textainer Group Holdings Limited (NYSE:TGH) gained 11.7% to $35.92. Textainer Group said Q4 adjusted EPS and sales results were lower year over year.
- Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) jumped 10.6% to $29.02. SVB Securities upgraded Arrowhead Pharma from Market Perform to Outperform and raised the price target from $21 to $35.
- Chart Industries, Inc. (NYSE:GTLS) gained 10.5% to $124.29.
- National Instruments Corporation (NASDAQ:NATI) climbed 9.5% to $57.58 after Emerson Electric Co (NYSE:EMR) agreed to acquire the company for $60 per share.
- MongoDB, Inc. (NASDAQ:MDB) gained 7.3% to $227.02 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $230 to $270.
Losers
- Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) shares fell 35% to $0.1655 after the company announced interim results the ongoing Phase 1/2 clinical trial of pegtarviliase for the treatment of Classical Homocystinuria and said it is exploring strategic alternatives.
- Cutera, Inc. (NASDAQ:CUTR) shares dropped 26.5% to $19.89 after the company announced the immediate terminations of Executive Chairman Daniel Plants and CEO David Mowry for cause and withdrew 2023 outlook.
- iMedia Brands, Inc. (NASDAQ:IMBI) fell 22.5% to $0.4023 after reporting weaker-than-expected Q4 results.
- Blue Safari Group Acquisition Corp. (NASDAQ:BSGA) declined 21.7% to $7.29. Blue Safari Group Acquisition and Bitdeer Technologies Group announced shareholder approval of business combination.
- Lixte Biotechnology Holdings, Inc. (NASDAQ:LIXT) dropped 21% to $0.6798.
- NaaS Technology Inc. (NASDAQ:NAAS) fell 19.1% to $8.51.
- MMTec, Inc. (NASDAQ:MTC) fell 18.5% to $0.9039.
- 1847 Holdings LLC (NYSE:EFSH) dropped 18.3% to $0.4899.
- ContextLogic Inc. (NASDAQ:WISH) declined 17.5% to $8.09. ContextLogic, on Tuesday, announced a 1-for-30 reverse stock split.
- Virgin Orbit Holdings, Inc. (NASDAQ:VORB) fell 17% to $0.0979. Virgin Orbit Holdings shares dropped around 30% on Tuesday after the company received a delisting notice.
- Innovative Eyewear, Inc. (NASDAQ:LUCY) fell 15% to $3.70. Innovative Eyewear filed patent for ChatGPT enabled smart eyewear.
- ZeroFox Holdings, Inc. (NASDAQ:ZFOX) dropped 14.4% to $1.7022. ZeroFox recently partnered with Google Cloud to disrupt phishing attacks and malicious URLs.
- IMAC Holdings, Inc. (NASDAQ:BACK) fell 13.5% to $0.1620 after jumping 50% on Tuesday.
- QualTek Services Inc. (NASDAQ:QTEK) dipped 12.8% to $0.3310.
- Organigram Holdings Inc. (NASDAQ:OGI) fell 12.3% to $0.6002 after the company reported Q2 financial results.
- Nutex Health Inc. (NASDAQ:NUTX) fell 12.1% to $0.8401. Nutex Health recently entered into a $100 million pre-paid advance agreement with Yorkville Advisors Global.
- Cirrus Logic, Inc. (NASDAQ:CRUS) dipped 10.8% to $90.79.
- Brenmiller Energy Ltd (NASDAQ:BNRG) shares dropped 10.7% to $2.0995. Brenmiller is in advanced discussions to collaborate with leading global clean energy company to decarbonize heat and energy production worldwide.
- Mirum Pharmaceuticals, Inc. (NASDAQ:MIRM) fell 9.6% to $22.59 after the company announced preliminary Q1 financial results and a proposed convertible senior notes offering.
- American Airlines Group Inc. (NASDAQ:AAL) dropped 8.1% to $13.15 after the company issued preliminary results below analyst expectations.
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