50 Stocks Moving In Friday's Mid-Day Session

Gainers

  • Xenetic Biosciences Inc XBIO shares jumped 111.3% to $3.9299 on abnormally-high volume.
  • The New Home Company Inc. NWHM climbed 83% to $8.90 after the company agreed to be acquired by funds managed by affiliates of Apollo Global Management for $9 per share in all-cash transaction.
  • Socket Mobile Inc SCKT shares jumped 71.2% to $9.93 after the company reported better-than-expected Q2 results.
  • Veoneer Inc VNE rose 56% to $31.09. Canadian company Magna International Inc agreed to buy Veoneer for about $3.8 billion in cash.
  • Acorda Therapeutics Inc ACOR shares jumped 29.5% to $4.9350 after the company announced an agreement to commercialize INBRIJA in Spain.
  • PainReform Ltd. PRFX surged 23.5% to $5.04 after surging around 30% on Thursday.
  • XTL Biopharmaceuticals Ltd. XTLB gained 20.4% to $4.9999.
  • Snap Inc SNAP rose 20.3% to $75.72 after the company reported stronger-than-expected earnings and sales results for its second quarter and also issued upbeat Q3 sales guidance. The company also saw daily active users increase 23% year over year to 293 million.
  • Couchbase, Inc. BASE gained 14.8% to $34.90. Couchbase surged around 27% on Thursday as the company priced its IPO at $24 per share.
  • NRX Pharmaceuticals Inc NRXP rose 14.7% to $18.86. NRX Pharmaceuticals shares jumped around 63% on Thursday after the company announced the first successful commercial formulation for ZYESAMI, enabling volume manufacture, shipping and stockpiling of COVID-19 medication subject to regulatory approval.
  • Apollo Medical Holdings, Inc. AMEH jumped 12.8% to $110.00.
  • Verb Technology Company, Inc. VERB surged 12.7% to $2.66 after declining around 15% on Thursday.
  • Unicycive Therapeutics, Inc. UNCY gained 11.1% to $3.0324.
  • Arvinas, Inc. ARVN rose 10.3% to $93.26. Oppenheimer and Citigroup raised their price targets on the stock. Arvinas recently announced a global collaboration with Pfizer to develop and commercialize PROTAC protein degrader ARV-471.
  • Robert Half International Inc. RHI surged 9.9% to $95.03 after the company reported better-than-expected Q2 results.
  • Skechers USA Inc SKX rose 8.6% to $55.62 after the company swung to a profit in the second quarter. The company also issued Q3 & FY21 EPS guidance and FY21 sales guidance above estimates.
  • Alzamend Neuro, Inc. ALZN surged 7.4% to $6.16 after the company announced that it has received positive toxicology results for AL002 in a good laboratory practices toxicology study using a transgenic mouse model of Alzheimer's disease.
  • Twitter Inc TWTR rose 4.4% to $72.64 as the company reported better-than-expected results for its second quarter and issued strong sales guidance for the current quarter. The company ended the second quarter with 206 million monetizable daily active users, which was up from 186 million in the prior year and 199 million in the first quarter.


Check out these big penny stock gainers and losers

Losers

  • TAL Education Group TAL shares tumbled 59.5% to $8.30 after a Bloomberg report suggested that China is considering asking tutoring firms to transition into non-profits, as the country continues its crackdown on the industry. TAL Education is expected to release quarterly earnings on August 5.
  • New Oriental Education & Tech Grp EDU shares dipped 58.5% to $2.6550 after a Bloomberg report suggested that China is considering asking tutoring firms to transition into non-profits, as the country continues its crackdown on the industry. New Oriental Education is expected to release Q4 earnings on August 3.
  • Gaotu Techedu Inc GOTU shares declined 57.5% to $4.0790 after a Bloomberg report suggested that China is considering asking tutoring firms to transition into non-profits, as the country continues its crackdown on the industry.
  • Sentage Holdings Inc. SNTG dropped 44.6% to $6.40.
  • China Online Education Group - ADR COE fell 41.7% to $3.8975 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits. The company recent said it expects net revenues for the second quarter to be between RMB575 million and RMB580 million.
  • Youdao, Inc. DAO fell 41.2% to $13.05 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits.
  • Zhangmen Education Inc. ZME dipped 38.5% to $5.87 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits.
  • RISE Education Cayman Ltd REDU fell 34.7% to $1.4760 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits.
  • Immunoprecise Antibodies Ltd IPA fell 34.5% to $8.67. ImmunoPrecise Antibodies shares jumped 138% on Thursday after the company announced its TATX-03 PolyTope Therapy demonstrated potent pseudovirus neutralizing activity against the COVID-19 Delta variant in vitro..
  • Nova LifeStyle, Inc. NVFY dipped 30.6% to $2.4198 after the company announced it priced its 1.114 million share registered direct offering at $2.80 per share.
  • 17 Education & Technology Group Inc-ADR YQ shares fell 29.6% to $1.62 after a Bloomberg report suggested that China is considering asking tutoring firms to transition into non-profits, as the country continues its crackdown on the industry.
  • India Globalization Capital, Inc. IGC shares fell 27.9% to $2.0193. India Globalization Capital jumped 89% on Thursday after the company announced the issuance of a patent for the treatment of Alzheimer's disease using THC.
  • Agora Inc API shares fell 24% to $25.15 after declining over 4% on Thursday.
  • Boston Beer Company Inc SAM shares fell 23.8% to $722.49 after the company reported Q2 EPS of $4.75, down from $4.88 year over year and worse-than-expected Q2 sales results. The company also issued FY21 EPS guidancebelow estimates.
  • Adverum Biotechnologies Inc ADVM fell 23.5% to $ 2.3414 after the company decided to drop the development of ADVM-022 intravitreal (IVT) injection gene therapy in diabetic macular edema (DME) after dose-limiting toxicity (DLT) was observed at the high dose (6 x 10^11 vg/eye) in patients with DME. SVB Leerink maintained Adverum Biotechnologies with a Market Perform and lowered the price target from $5 to $2.
  • KE Holdings Inc. BEKE dropped 23% to $29.24.
  • iHuman Inc. IH fell 22.7% to $8.11.
  • Wah Fu Education Group Limited WAFU fell 22.3% to $5.95 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits.
  • Puxin Ltd NEW fell 21.4% to $0.9907 following a Bloomberg report suggesting China is considering asking tutoring firms to turn into non-profits.
  • Universe Pharmaceuticals Inc UPC shares fell 20.9% to $3.03 after surging around 45% on Thursday.
  • Full Truck Alliance Co. Ltd. YMM dipped 20.7% to $12.00.
  • AzurRx BioPharma Inc AZRX shares fell 20.4% to $0.5636 after the company reported a $3.0 million bought deal offering of common stock.
  • Chembio Diagnostics, Inc. CEMI dropped 19% to $3.49. Chembio Diagnostics recently said it received a $4 million purchase order from the Partnership for Supply Chain Management (PFSCM), supported by The Global Fund.
  • Huize Holding Limited HUIZ fell 15.2% to $4.2050.
  • Neurometrix Inc NURO fell 14.4% to $21.18. NeuroMetrix shares gained around 19% on Thursday after the company reported Q2 sales of $2.20 million, up from $1.36 million year over year.
  • Wheels Up Experience Inc. UP dropped 12.1% to $8.35.
  • RLX Technology Inc - ADR RLX fell 11.7% to $5.05 after declining over 7% on Thursday.
  • Co-Diagnostics, Inc. CODX dropped 11% to $9.38. Co-Diagnostics recently highlighted new international CoPrimer patent.
  • Elite Education Group International Ltd EEIQ fell 9.1% to $3.89. Elite Education Group recently reported 1H sales of $3.1 million, down from $6.1 million year over year.
  • Applied DNA Sciences Inc APDN fell 9% to $5.90 after jumping 18% on Thursday.
  • DMC Global Inc. BOOM dipped 8.8% to $43.01 after the company reported worse-than-expected Q2 results and issued Q3 sales guidance below estimates.
  • BSQUARE Corporation BSQR shares fell 7% to $2.80. On July 6, 2021, software solutions provider BSQUARE entered into a Side Letter with B. Riley Securities, Inc to sell shares having an aggregate offering price of up to $50 million under the company’s Form S-3 filed on March 18.

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