Why RAPT Therapeutics Shares Are Trading Lower By Over 30%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Gainers
- Ainos, Inc. (NASDAQ:AIMD) shares jumped 69.3% to $1.27 after the company announced it signed a Memorandum of Understanding with Merdury Biopharmaceutical to jointly explore and develop a strategic business relationship.
- First Republic Bank (NYSE:FRC) surged 45% to $45.24 as part of what appears to be a relief rally in the financial sector as several bank names bounce back after facing heavy selling pressure over the last few trading sessions.
- PacWest Bancorp (NASDAQ:PACW) shares jumped 44.7% to $14.11 after multiple insider buys by Officers, Directors reported late Monday. Several bank names bounced back after facing heavy selling pressure over the last few trading sessions. Multiple insider buys by Officers, Directors reported late Monday.
- PaxMedica, Inc. (NASDAQ:PXMD) gained 41.5% to $2.53.
- Western Alliance Bancorporation (NYSE:WAL) shares gained 36% to $35.63. Wells Fargo maintained an Overweight rating on the stock, but lowered its price target from $90 to $65. Western Alliance Bancorporation’s form 13G showed Citadel Advisors LLC increased stake in company to 5.3%.
- Ambipar Emergency Response (NYSE:AMBI) surged 33.6% to $7.55.
- Metropolitan Bank Holding Corp. (NYSE:MCB) rose 32.7% to $33.88 after dropping 44% on Monday.
- MMTec, Inc. (NASDAQ:MTC) gained 33.5% to $1.99. MMTec announced relocation of operations from Beijing to Hong Kong.
- Avid Bioservices, Inc. (NASDAQ:CDMO) surged 30.6% to $18.05 following upbeat quarterly earnings.
- Akumin Inc. (NASDAQ:AKU) gained 26.5% to $1.05.
- Sigilon Therapeutics, Inc. (NASDAQ:SGTX) gained 26.3% to $0.8886.
- SMX (Security Matters) Public Limited Company (NASDAQ:SMX) gained 26% to $3.7450.
- Seacoast Banking Corporation of Florida (NASDAQ:SBCF) gained 23.2% to $26.05.
- First Foundation Inc. (NASDAQ:FFWM) gained 20.4% to $9.34.
- Momentive Global Inc. (NASDAQ:MNTV) shares rose 19.4% to $9.22 as the company agreed to be acquired by Symphony Technology Group for $1.5 billion.
- Coastal Financial Corporation (NASDAQ:CCB) gained 18.1% to $38.66.
- Inhibikase Therapeutics, Inc. (NASDAQ:IKT) surged 18.1% to $0.88. The FDA recently lifted the full Clinical Hold on Inhibikase Therapeutics’ IkT-148009, the company's c-Abl inhibitor, in Multiple System Atrophy (MSA), allowing the company to proceed with its plans for a future Phase 2 clinical trial in MSA.
- Vincerx Pharma, Inc. (NASDAQ:VINC) jumped 17.7% to $1.13.
- Tempest Therapeutics, Inc. (NASDAQ:TPST) gained 17.5% to $1.34.
- KeyCorp (NYSE:KEY) shares rose 17.5% to $13.38 after dropping 27% on Monday.
- Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) rose 16.2% to $36.21 as the company posted a narrower-than-expected quarterly loss.
- The Bancorp, Inc. (NASDAQ:TBBK) gained 16.2% to $30.21.
- Veritex Holdings, Inc. (NASDAQ:VBTX) gained 15.6% to $20.05.
- Bunge Limited (NYSE:BG) jumped 14.1% to $104.30 after it was announced the company will replace Signature Bank in the S&P 500.
- Cvent Holding Corp. (NASDAQ:CVT) gained 12.2% to $8.31 after the company announced it will be acquired by Blackstone for $8.50 per share.
- Cipher Mining Inc. (NASDAQ:CIFR) surged 11.3% to $2.0250 after the company provided a Q4 and full year 2022 business update.
- Imperial Petroleum Inc. (NASDAQ:IMPP) shares rose 7.4% to $0.1790. Imperial Petroleum reported termination of at-the-market equity offering program.
Losers
- RAPT Therapeutics, Inc. (NASDAQ:RAPT) shares declined 30.6% to $18.46 following Q4 results.
- GitLab Inc. (NASDAQ:GTLB) dropped 28.4% to $31.94 after the company issued weak revenue guidance.
- Oportun Financial Corporation (NASDAQ:OPRT) fell 28.4% to $3.00 following weak quarterly results.
- Aspen Group, Inc. (NASDAQ:ASPU) shares fell 25.3% to $ 0.1270 after the company announced voluntary delisting from Nasdaq Capital Market.
- Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) dropped 22.1% to $0.4248 after the company announced a $2.28 million registered direct offering.
- Gaotu Techedu Inc. (NYSE:GOTU) declined 19.1% to $3.8299.
- Unicycive Therapeutics, Inc (NASDAQ:UNCY) fell 17.5% to $1.79 after declining 19% on Monday.
- BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 15.3% to $1.93 after reporting a wider-than-expected quarterly loss.
- OKYO Pharma Limited (NASDAQ:OKYO) fell 15.2% to $1.78. OKYO Pharma priced $5.3 million offering of 3,503,665 ADSs at a price of $1.50 per ADS.
- Natura &Co Holding S.A. (NYSE:NTCO) dropped 14.8% to $4.76 following Q4 results.
- Loyalty Ventures Inc. (NASDAQ:LYLT) fell 14.8% to $0.1890 after declining around 8% on Friday. Loyalty Ventures recently announced bankruptcy filings and plans to delist from the Nasdaq Global Select Market.
- Cingulate Inc. (NASDAQ:CING) fell 11.3% to $1.1701. Cingulate shares dropped around 29% on Monday after the company reported worse-than-expected Q4 EPS results.
- Couchbase, Inc. (NASDAQ:BASE) dropped 10.7% to $13.64.
- Toro Corp. (NASDAQ:TORO) shares fell 10% to $3.5580 after gaining over 6% on Monday.
- Ambrx Biopharma Inc. (NYSE:AMAM) dropped 9.6% to $9.26.
- BuzzFeed, Inc. (NASDAQ:BZFD) shares dropped 9.4% to $1.16 after the company issued weak first-quarter guidance.
- NextPlay Technologies, Inc. (NASDAQ:NXTP) fell 8.3% to $0.9901 after dropping over 11% on Monday.
- The Lovesac Company (NASDAQ:LOVE) dropped 6.6% to $22.25.
- United Airlines Holdings, Inc. (NASDAQ:UAL) fell 5.4% to $46.22. United Airlines said it now sees Q1 adjusted EPS of $0.60 to $1.00 per share, versus analysts’ estimates of $0.66 per share.
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