Why Shares Of Chinese Companies Are Trading Lower? Here Are 54 Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Kala Pharmaceuticals, Inc. KALA shares gained 130.5% to $9.03 after the company announced FDA acceptance of a IND application for its KPI-012 for the treatment of persistent corneal epithelial defect.
  • Minerva Surgical, Inc. UTRS shares jumped 90.1% to $0.3089 after the company reported a $30 million private placement of common stock led by Accelmed Partners.
  • Jounce Therapeutics, Inc. JNCE climbed 61.3% to $1.19 after Gilead Sciences announced plans to acquire all remaining rights to the company's Immunotherapy GS-1811, an anti-CCR8 antibody, for $67 million.
  • Gorilla Technology Group Inc. GRRR rose 51% to $6.80 after the company announced it is entering the MENA region with a security convergence offering in a multi-year, multi-million dollar deal.
  • Innovative Eyewear, Inc. LUCY gained 44.6% to $1.33 after the company announced a multi-year, global licensing agreement with Authentic Brands Group for Eddie Bauer smart eyewear.
  • Unico American Corporation UNAM jumped 35.2% to $1.5413.
  • Pagaya Technologies Ltd.. PGY climbed 24.3% to $1.2801 after climbing 23% on Tuesday.
  • Instil Bio, Inc. TIL gained 22.8% to $0.5902.
  • Smart for Life, Inc. SMFL gained 22.7% to $0.2550.
  • Heart Test Laboratories, Inc. HSCS surged 22.2% to $0.99.
  • Cosmos Health Inc. COSM shares climbed 20.1% to $5.26.
  • Cenntro Electric Group Limited CENN rose 20.1% to $0.4720.
  • Virgin Orbit Holdings, Inc. VORB gained 13.7% to $1.8650.
  • Miromatrix Medical Inc. MIRO shares rose 12.8% to $2.8220.
  • TuSimple Holdings Inc. TSP gained 11.7% to $1.52.
  • Aclarion, Inc. ACON rose 11.6% to $0.45.
  • GlycoMimetics, Inc. GLYC gained 10.7% to $2.48.
  • Mount Rainier Acquisition Corp. RNER shares rose 10.6% to $11.51.
  • Lion Group Holding Ltd. LGHL rose 10.3% to $0.75 after dipping 36% on Tuesday. Lion Group recently posted a H1 loss of $0.52 per share.
  • Dragonfly Energy Holdings Corp. DFLI gained 10.1% to $11.03.
  • SmileDirectClub, Inc. SDC rose 10% to $0.3463 after dropping 10% on Tuesday.
  • Meta Materials Inc. MMAT gained 9.9% to $1.08.
  • Pharvaris N.V. PHVS jumped 8.9% to $10.94.
  • T2 Biosystems, Inc. TTOO jumped 8.5% to $1.1505. T2 Biosystems announced extension of multiyear innovative technology contract with Vizient, Inc.
  • Oatly Group AB OTLY surged 8.5% to $1.53.


Losers

  • Model Performance Acquisition Corp. MPAC fell 36.6% to $8.64.
  • Minerva Neurosciences, Inc. NERV shares dipped 30.3% to $1.6320. Minerva Neurosciences confirmed that the FDA's refuse letter from October 14, 2022 remains in effect.
  • Schmitt Industries, Inc. SMIT fell 27.2% to $0.2510 after jumping around 40% on Tuesday.
  • Neptune Wellness Solutions Inc. NEPT fell 23% to $0.2773 after surging over 35% on Tuesday. Shohaib Kassam Sumar disclosed a 5.1% active stake in Neptune Wellness Solutions.
  • Unicycive Therapeutics, Inc. UNCY dropped 22.3% to $0.5207. Unicycive Therapeutics’ pivotal bioequivalence (BE) study comparing Renazorb to Fosrenol has met the primary endpoint.
  • Tuesday Morning Corporation TUEM dropped 21.7% to $0.6499. Tuesday Morning recently announced it will voluntarily delist from the Nasdaq Capital Market.
  • Pingtan Marine Enterprise Ltd. PME dropped 21.6% to $0.30. Pingtan Marine Enterprise recently announced receipt of Nasdaq Notification Letter.
  • Alset Inc. AEI dropped 19.7% to $2.41.
  • Quotient Limited QTNT fell 19.1% to $0.2995 after jumping around 95% on Tuesday. Quotient recently announced the intent to voluntary delist from the Nasdaq Global Market.
  • Elys Game Technology, Corp. ELYS fell 18.9% to $0.3001. Elys Game Technology shares jumped around 112% on Tuesday after the company and Cloakbook were granted a license to commence sportsbook operations in Washington, D.C.
  • Versus Systems Inc. VS dropped 16.9% to $0.5399.
  • TAL Education Group TAL fell 16% to $7.41.
  • HTG Molecular Diagnostics, Inc. HTGM fell 15.3% to $3.65. HTG Molecular Diagnostics recently announced the closing of a $10 million offering.
  • HUYA Inc. HUYA fell 15% to $3.6950.
  • Virax Biolabs Group Limited VRAX dropped 14.7% to $0.5885.
  • ProKidney Corp. PROK fell 14.6% to $5.25.
  • XORTX Therapeutics Inc. XRTX declined 14.4% to $0.80. XORTX recently announced completion of dosing in XRX-OXY-101 clinical study.
  • CONSOL Energy Inc. CEIX fell 14.2% to $61.42. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
  • Satixfy Communications Ltd. SATX dropped 13.5% to $4.5056.
  • Mobile Global Esports Inc. MGAM dipped 13.4% to $0.97. Mobile Global Esports recently received a Nasdaq notification letter regarding its share price.
  • AMC Entertainment Holdings, Inc. APE fell 13.2% to $1.6585 after gaining over 10% on Tuesday.
  • Youdao, Inc. DAO fell 12.2% to $5.10. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • AMTD Digital Inc. HKD dropped 11.8% to $10.75.
  • Kiromic BioPharma, Inc. KRBP dropped 11.3% to $0.1532.
  • Peabody Energy Corporation BTU fell 11.1% to $26.15. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
  • Dada Nexus Limited DADA dropped 10.6% to $6.33. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • TG Therapeutics, Inc. TGTX fell 9.6% to $7.07.
  • iQIYI, Inc. IQ fell 9.4% to $4.2500. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • DouYu International Holdings Limited DOYU fell 9.2% to $1.3251. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.

Also Check This Out Ethereum Slides Below $1,200; Terra Classic, Solana Among Top Losers

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMid-Day MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!