Why Avantax Shares Are Trading Higher By Over 27%? Here Are Other Stocks Moving In Monday's Mid-Day Session

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Gainers

  • Crinetics Pharmaceuticals, Inc. CRNX jumped 76% to $28.13 after the company's once-daily oral paltusotine achieved the primary and secondary endpoints in the Phase 3 PATHFNDR-1 study in acromegaly.
  • NovaBay Pharmaceuticals, Inc. NBY shares climbed 62.9% to $1.01 after the company granted Biostem Technologies the right to commercialize amniotic tissue allograft, which is intended for use as a protective covering during the repair of ocular surfaces.
  • Plus Therapeutics, Inc. PSTV surged 38% to $1.9167. Plus Therapeutics received $1.9 million advance payment from CPRIT.
  • Avantax, Inc. AVTA rose 27.5% to $25.45 as the company agreed to be acquired by Cetera Holdings for $26 per share in cash.
  • Yoshiharu Global Co. YOSH gained 24% to $0.4344. Yoshiharu signed a non-binding Memorandum of Understanding to acquire Jjanga LLC, HJH LLC and Ramen Aku LLC Restaurants in Las Vegas.
  • Aurora Cannabis Inc. ACB jumped 22.2% to $0.6463. Aurora Cannabis repurchased an aggregate of roughly CA$12.3 million ($9 million) principal amount of its convertible senior notes in multiple transactions between Aug. 16 and Sept. 8, 2023.
  • Versus Systems Inc. VS shares gained 20.8% to $0.3145.
  • Hostess Brands, Inc. TWNK rose 18.9% to $33.42 after J.M. Smucker announced it will acquire the company.
  • Canopy Growth Corporation CGC shares gained 17.5% to $1.0950.
  • Virco Mfg. Corporation VIRC rose 13.9% to $5.24 following better-than-expected quarterly results.
  • Marker Therapeutics, Inc. MRKR jumped 12.5% to $6.21. Marker Therapeutics announced the preliminary results of the first participant treated with MT-601, its multi-tumor associated antigen-specific T Cell product targeting 6 Taas, in the Phase 1 multicenter APOLLO trial.
  • Altisource Asset Management Corporation AAMC gained 12.5% to $7.10. Altisource Asset Management reported a stock dividend in lieu of a stock split and appointment of Richard Rodick as new CFO.
  • Mullen Automotive, Inc. MULN rose 12% to $0.4670.
  • Aesthetic Medical International Holdings Group Limited AIH rose 11.5% to $0.9129. Aesthetic Medical International announced receipt of Nasdaq notification letter regarding minimum bid price deficiency.
  • Bowlero Corp. BOWL gained 11.3% to $11.27 following quarterly results.
  • 1-800-FLOWERS.COM, Inc. FLWS rose 9.7% to $6.96.
  • Kaixin Auto Holdings KXIN gained 9.5% to $0.2802. Kaixin Auto inked a non-binding acquisition term sheet with WM Motor.
  • BeiGene, Ltd. BGNE climbed 9% to $209.91 amid a report the company is working with Luye to commercialize a breast cancer treatment in China.
  • Carlisle Companies Incorporated CSL gained 8.1% to $271.62.
  • BlackBerry Limited BB gained 7.6% to $4.91. BlackBerry launched 'intrinsically safe' certified solution for hazardous materials carriers.
  • Tesla, Inc. TSLA shares rose 5.5% to $262.24. Morgan Stanley upgraded Tesla from Equal-Weight to Overweight and raised the price target from $250 to $400.

Losers

  • SigmaTron International, Inc. SGMA shares dipped 46.6% to $4.03 after the company released first-quarter earnings.
  • Tenon Medical, Inc. TNON fell 31.8% to $0.1711 after the company announced proposed public offering of common stock.
  • Solowin Holdings SWIN fell 28.4% to $3.5163. Solowin Holdings announced closing of initial public offering.
  • Axcella Health Inc. AXLA fell 22.7% to $0.7572 after jumping more than 70% on Friday.
  • CXApp Inc. CXAI fell 17.8% to $2.70.
  • WANG & LEE GROUP, Inc. WLGS fell 17.8% to $0.83 after surging around 22% on Friday.
  • Courtside Group, Inc. PODC shares fell 17.7% to $3.610 after declining 45% on Friday.
  • Hitek Global Inc. HKIT fell 16.2% to $2.6575 after dipping 25% on Friday.
  • IHS Holding Limited IHS shares dipped 15.7% to $5.01.
  • BioNexus Gene Lab Corp. BGLC declined 11.4% to $1.0099.
  • Elutia Inc. ELUT fell 11.1% to $1.32.
  • Granite Ridge Resources, Inc. GRNT declined 11% to $6.67. Granite Ridge Resources launched a secondary public offering of 7.1 million shares by selling stockholders.
  • Nuwellis, Inc. NUWE fell 10.7% to $1.7150 after gaining around 7% on Friday.
  • Impel Pharmaceuticals Inc. IMPL shares fell 10% to $0.3789 after gaining 10% on Friday.
  • Neptune Wellness Solutions Inc. NEPT tumbled 10% to $6.35.
  • Puyi Inc. PUYI fell 9.6% to $5.20.
  • Loop Media, Inc. LPTV declined 9.2% to $0.5725.
  • Butterfly Network, Inc. BFLY fell 8.8% to $1.7050.
  • Virgin Galactic Holdings, Inc. SPCE declined 8.3% to $2.0998.
  • Magenta Therapeutics, Inc. MGTA fell 8.1% to $0.6969.
  • The J. M. Smucker Company SJM fell 7.9% to $130.39 after the company announced it will acquire Hostess Brands.
  • Cingulate Inc. CING shares fell 7.8% to $0.5324 after the company said Werth Family Investment Associates, LLC has converted $5.8 million of debt and accrued interest into Cingulate equity, at a conversion price of $0.85 per share.
  • SmartRent, Inc. SMRT fell 7.5% to $2.84.

 

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