30 Stocks Moving In Wednesday's Mid-Day Session

30 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Kadmon Holdings, Inc. KDMN shares jumped 72.6% to $9.15. Sanofi announced Wednesday it has agreed to acquire New York-based biopharma Kadmon in a $1.9 billion all-cash deal.
  • Arqit Quantum Inc. ARQQ gained 38% to $15.55 after jumping 22% on Tuesday.
  • ICU Medical, Inc. ICUI shares climbed 30.6% to $269.00. ICU Medical agreed to acquire Smiths Group plc's Medical division in a transaction that will create an IV therapy company and simplify customer workflow.
  • Bright Scholar Education Holdings Limited BEDU gained 26.7% to $3.65 after dropping 15% on Tuesday.
  • Aterian, Inc. ATER gained 19.3% to $8.49.
  • Candel Therapeutics, Inc. CADL jumped 13.3% to $11.28. Candel Therapeutics reported a Q2 loss of $1.46 per share.
  • Sphere 3D Corp. ANY gained 11.4% to $6.75.
  • Gain Therapeutics, Inc. GANX gained 10.8% to $8.76 after the company announced positive topline data in patient-derived iPSC study evaluating STAR compounds as a treatment for Gaucher and Parkinson's disease.
  • iSun, Inc. ISUN jumped 10.2% to $8.45. iSun launched residential and commercial expansion with acquisition of SunCommon for cash payment of $24.034 million.
  • Vinco Ventures, Inc. BBIG rose 10.1% to $10.64. Vinco Ventures shares gained 21% on Tuesday following a tweet from Twitter user Will Meade indicating he is long the stock.
  • SilverBow Resources, Inc. SBOW gained 10% to $21.32. Truist Securities upgraded SilverBow Resources from Hold to Buy and raised the price target from $22 to $30.
  • Perma-Pipe International Holdings, Inc. PPIH jumped 7.9% to $7.65 after the company reported a strong rise in quarterly earnings.

Check out these big penny stock gainers and losers

Losers

  • INmune Bio, Inc. INMB shares dropped 21% to $22.03. INmune Bio recently announced XPro has been found to decrease multiple species of Phospho Tau and improve neuroimaging biomarkers of myelination in patients with AD.
  • Overseas Shipholding Group, Inc. OSG shares dipped 18.3% to $2.2150. Overseas Shipholding, last month, said it swung to a Q2 loss.
  • Alector, Inc. ALEC fell 17% to $22.18. Alector announced that Shehnaaz Suliman and Robert Paul will be stepping down from their respective roles as President & chief operating officer and chief medical officer.
  • Inozyme Pharma, Inc. INZY dropped 16% to $14.44. Inozyme Pharma, last month, reported a Q2 loss of $0.53 per share.
  • REV Group, Inc. REVG dipped 15.6% to $14.39 after the company posted downbeat Q3 sales and lowered FY21 sales forecast.
  • Mechel PAO MTL fell 15.2% to $4.24 after surging over 56% on Tuesday. The company recently reported Q2 results, including a 43% quarter-over-quarter revenue growth.
  • Sustainable Opportunities Acquisition Corp. SOAC dropped 14.7% to $10.04. Shareholders of Sustainable Opportunities Acquisition approved business combination at extraordinary general meeting.
  • Clover Health Investments, Corp. CLOV fell 14.2% to $9.27 after gaining 22% on Tuesday.
  • Cabaletta Bio, Inc. CABA fell 12.3% to $9.54. Cabaletta Bio, last month, announced 28-day data from the second dose cohort from the DesCAARTes Phase 1 trial of DSG3-CAART for mucosal-dominant pemphigus vulgaris (mPV).
  • IronNet, Inc. IRNT dropped 12.2% to $17.20 after climbing around 18% on Tuesday.
  • ZIOPHARM Oncology, Inc. ZIOP tumbled 12.1% to $1.9350 after jumping 33% on Tuesday.
  • Impel NeuroPharma, Inc. IMPL shares fell 11.8% to $16.23 after the company reported launch of proposed public offering of 3 million shares.
  • NeuroOne Medical Technologies Corporation NMTC shares fell 11.3% to $4.8001. NeuroOne Medical Technologies shares surged around 15% on Tuesday after the company received FDA 510(k) clearance for its Evo sEEG Electrode.
  • UiPath Inc. PATH fell 9.5% to $56.54 after the company reported Q2 earnings results.
  • Smartsheet Inc. SMAR dropped 9.5% to $74.83 after the company reported Q2 earnings results.
  • Dada Nexus Limited DADA dipped 9.5% to $23.91. Dada Nexus reported second-quarter FY21 sales growth of 11.5% year-on-year, to RMB1.5 billion.
  • Offerpad Solutions Inc OPAD fell 9.5% to $9.86 after surging 26% on Tuesday.
  • Coty Inc. COTY fell 9% to $8.44. Coty recently reported better-than-expected Q4 sales results.

Posted In: Mid-Day MoversTop GainersNewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading Ideas