Why Shares Of Chinese Companies Are Trading Higher? Here Are 45 Stocks Moving In Tuesday's Mid-Day Session

Why Shares Of Chinese Companies Are Trading Higher? Here Are 45 Stocks Moving In Tuesday's Mid-Day Session

Gainers

  • Otonomy, Inc. OTIC shares surged 74.2% to $0.1866. Otonomy recently posted a Q3 loss of $0.18 per share.
  • Apollo Endosurgery, Inc. APEN shares jumped 65% to $9.90 after the company announced it will be acquired by Boston Scientific for $10 per share in cash.
  • The Very Good Food Company Inc. VGFC rose 36.6% to $0.1370.
  • Kalera Public Limited Company KAL gained 29% to $0.16. Kalera announced restructuring process for German subsidiary.
  • Kidpik Corp. PIK gained 25.6% to $0.98.
  • Citi Trends, Inc. CTRN shares climbed 24.4% to $28.87 after the company reported better-than-expected Q3 adjusted EPS and sales results.
  • Cosmos Holdings Inc. COSM jumped 23.3% to $0.7157 after jumping 35% on Monday.
  • Bilibili Inc. BILI gained 23.2% to $15.52 after the company reported better-than-expected Q3 adjusted EPS and sales results.
  • Zhihu Inc. ZH rose 20.3% to $1.0907 after declining over 9% on Monday.
  • Faraday Future Intelligent Electric Inc. FFIE climbed 19.4% to $0.3626. Faraday Future Intelligent Electric Board of Directors has appointed FF China CEO Xuefeng (XF) Chen as Global CEO of the company, effective immediately.
  • GDS Holdings Limited GDS shares rose 17.3% to $13.73. The company recently posted upbeat quarterly sales.
  • NRx Pharmaceuticals, Inc. NRXP jumped 16.8% to $1.46.
  • Vivakor, Inc. VIVK gained 16.6% to $1.1897 after posting a narrower quarterly loss.
  • United Maritime Corporation USEA rose 16.3% to $3.5108. United Maritime declared a special cash dividend of $1.00 per share.
  • ThermoGenesis Holdings, Inc. THMO surged 16% to $0.1371. ThermoGenesis Holdings recently posted a Q3 loss of $0.10 per share.
  • Aenza S.A.A. AENZ jumped 15.8% to $2.3750.
  • Fusion Fuel Green PLC HTOO gained 15.6% to $5.64. HC Wainwright & Co. maintained Fusion Fuel Green with a Buy and lowered the price target from $25 to $15.
  • Kanzhun Limited BZ rose 15.3% to $17.41 after gaining over 5% on Monday.
  • Dada Nexus Limited DADA gained 15% to $5.76. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • ThermoGenesis Holdings, Inc. THMO rose 14.2% to $0.1351. ThermoGenesis recently posted a Q3 loss of $0.10 per share.
  • RLX Technology Inc. RLX gained 13.8% to $2.2086.
  • The GEO Group, Inc. GEO surged 12% to $11.45 following positive analyst coverage from Wedbush.
  • Kingsoft Cloud Holdings Limited KC gained 11.6% to $2.6350. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • Eqonex Limited EQOS rose 10.9% to $0.1562.
  • HUYA Inc. HUYA gained 10.9% to $ 2.2850. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • XPeng Inc. XPEV climbed 10.2% to $7.59. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • JD.com, Inc. JD gained 8.4% to $54.19. JD.com is looking to lower pay by up to 20% for senior executives, according to Financial Times.
  • JOYY Inc. YY rose 7.2% to $29.50 following upbeat quarterly earnings.

 

Losers

  • MICT, Inc. MICT fell 28.3% to $0.81 after dropping 13% on Monday. MICT said that the company is targeting a considerable share repurchase program post-merger close
  • Alaunos Therapeutics, Inc. TCRT shares fell 24.2% to $0.6575 after the company reported pricing of public offering of common stock.
  • Satixfy Communications Ltd. SATX dropped 17.4% to $16.82.
  • Enfusion, Inc. ENFN declined 16.7% to $10.24. Enfusion announced resignation of chief financial officer and reiterated Q4 and FY22 outlook.
  • Digital Brands Group, Inc. DBGI declined 15.9% to $6.05.
  • ASAP, Inc. ASAP fell 15.7% to $0.9101. ASAP.com & Chipotle Mexican Grill signed major food delivery agreement.
  • NanoVibronix, Inc. NAOV shares fell 15.5% to $0.5349 after the company announced a $2.4 million registered direct offering priced at-the-market under Nasdaq rules.
  • AGBA Group Holding Limited AGBA fell 14.5% to $2.94.
  • FOXO Technologies Inc. FOXO fell 13.8% to $0.4785 after dropping around 10% on Monday.
  • Coeptis Therapeutics Holdings, Inc. COEP shares fell 13.7% to $1.7699.
  • CinCor Pharma, Inc. CINC fell 13.4% to $12.23. Oppenheimer downgraded CinCor Pharma from Outperform to Perform, while Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered the price target from $60 to $22.
  • Hibbett, Inc. HIBB fell 12.2% to $59.33 after the company reported worse-than-expected Q3 EPS and sales results.
  • CNS Pharmaceuticals, Inc. CNSP fell 11.7% to $4.4250. CNS Pharmaceuticals announced a 1-for-30 reverse stock split.
  • Ainos, Inc. AIMD declined 11.6% to $0.6101. Ainos posted Q3 loss of $0.51 per share.
  • Nutex Health Inc. NUTX dropped 10.3% to $1.39.
  • Elbit Systems Ltd. ESLT fell 9.2% to $169.67 after the company reported a drop in profit for the third quarter.
  • Sprout Social, Inc. SPT dipped 7.7% to $53.40.

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