Why Glory Star New Media Group Shares Are Trading Higher By 122%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session



  • Glory Star New Media Group Holdings Limited GSMG shares jumped 122% to $1.07 after the company announced the signing of a $60 million strategic investment with two institutional investors at $2.48 per share.
  • Dermata Therapeutics, Inc. DRMA shares gained 108% to $3.29 after jumping 25% on Monday.
  • BELLUS Health Inc. BLU shares jumped 99.5% to $14.48 after GSK announced it will acquire the company for $14.75 per share in cash, representing an approximate total equity value of $2 billion.
  • SAB Biotherapeutics, Inc. SABS rose 79% to $1.38. The FDA granted Breakthrough Therapy Designation (BTD) to SAB Biotherapeutics SAB-176, an investigational therapy for post-exposure prophylaxis for Type A and Type B influenza illness in high-risk patients, including antiviral resistant strains.
  • HTG Molecular Diagnostics, Inc. HTGM gained 57.7% to $4.73 after the company reported key first quarter milestone achievements for drug discovery.
  • Allarity Therapeutics, Inc. ALLR gained 55% to $1.84.
  • Super League Gaming, Inc. SLGG surged 39% to $0.5949 after the company and LandVault announced a strategic partnership to provide brands with scalable solutions to bridge the gap between Web2 and Web3.
  • Phio Pharmaceuticals Corp. PHIO rose 38.3% to $8.13. Phio presented preclinical data showing synergy-enhanced in vivo anti-tumor efficacy of PD-1/CTLA-4 dual-targeting INTASYL.
  • Gamida Cell Ltd. GMDA climbed 33% to $1.49 after the U.S. Food and Drug Administration approved Gamida Cell’s allogeneic cell therapy, Omisirge® (omidubicel-onlv).
  • Toro Corp. TORO gained 29.4% to $4.2344.
  • YS Biopharma Co., Ltd. YS gained 26% to $1.99 after the company reported preliminary total revenue of $103 million, representing a year-over-year growth of 30%.
  • Petros Pharmaceuticals, Inc. PTPI shares gained 25% to $4.8212.
  • Trevi Therapeutics, Inc. TRVI surged 17.1% to $2.1550. Needham reiterated Trevi Therapeutics with a Buy and maintained an $8 price target.
  • Stronghold Digital Mining, Inc. SDIG rose 16.4% to $1.1412.
  • Angion Biomedica Corp. ANGN gained 15.1% to $0.7447.
  • Bed Bath & Beyond Inc. BBBY climbed 15% to $0.3221 after gaining around 18% on Monday. Bed Bath & Beyond recently filed preliminary prospectus for resale of up to 111.7 million shares of common stock by B. Riley Principal Capital II.
  • CleanSpark, Inc. CLSK surged 11.3% to $4.8900 after gaining over 6% on Monday. CleanSpark recently announced the purchase of 45,000 units of the Antminer S19 XP bitcoin mining machines.
  • LegalZoom.com, Inc. LZ gained 10.9% to $10.25. JMP Securities upgraded LegalZoom.com from Market Perform to Market Outperform and announced a $14 price target.
  • Sibanye Stillwater Limited SBSW rose 10.7% to $9.52.
  • Axcella Health Inc. AXLA rose 10.4% to $0.4001.
  • Altamira Therapeutics Ltd. CYTO gained 10.3% to $1.22. Altamira Therapeutics recently announced the publication of results from its Phase 2 trial with AM-125 in acute vestibular syndrome in a leading peer reviewed journal.
  • Riot Platforms, Inc. RIOT rose 9.8% to $14.21 amid rise in Bitcoin prices.
  • The Lion Electric Company LEV gained 9% to $2.15.


  • China Jo-Jo Drugstores, Inc. CJJD shares fell 73.7% to $1.2499 after the company announced a $7 million registered direct offering.
  • United Insurance Holdings Corp. UIHC fell 54.6% to $1.58. United Insurance, last month, posted a Q4 loss of $6.33 per share.
  • Blackboxstocks Inc. BLBX fell 28% to $3.94. Blackboxstocks shares jumped 106% on Monday after the company announced it entered a letter of intent to merge with Evtec.
  • Bellicum Pharmaceuticals, Inc. BLCM fell 26.4% to $0.4201 after jumping around 103% on Monday. Bellicum Pharmaceuticals recently discontinued Phase 1/2 trials and initiated an evaluation of strategic alternatives.
  • Presto Automation Inc. PRST fell 26.4% to $2.67 after jumping over 158% on Monday. Presto recently promoted Dan Mosher to President and Xavier Casanova to Chief Operating Officer.
  • ContraFect Corporation CFRX shares dropped 24.9% to $1.7207 after surging 154% on Monday. ContraFect recently announced initiation of a Phase 1b/2 study of exebacase in patients with chronic prosthetic joint infections of the knee.
  • Pear Therapeutics, Inc. PEAR fell 24.4% to $0.0361.
  • Tempest Therapeutics, Inc. TPST dropped 22.6% to $2.8250.
  • Meta Data Limited AIU fell 20.4% to $1.0020.
  • CNS Pharmaceuticals, Inc. CNSP fell 20% to $2.20 after surging 17% on Monday.
  • Digital Brands Group, Inc. DBGI fell 17.5% to $1.22 following Q4 results. Digital Brands Group posted a Q4 loss of $20.46 per share.
  • Evaxion Biotech A/S EVAX fell 17.3% to $1.4399. Evaxion Biotech presented data from its Phase 1/2A study of its DNA-based personalized cancer immunotherapy, EVX-02 in combination with the checkpoint inhibitor nivolumab at the 2023 AACR Meeting.
  • KWESST Micro Systems Inc. KWE fell 17.4% to $2.55 after gaining 18% on Monday.
  • Kiromic BioPharma, Inc. KRBP dropped 14.7% to $4.09.
  • Windtree Therapeutics, Inc. WINT fell 13.6% to $7.15. Windtree Therapeutics shares surged 91% on Monday after the company announced the European Patent Office has granted Patent No. 3599243, providing patent coverage for the dual mechanism SERCA2a Activator class of drug candidates.
  • AEye, Inc. LIDR shares fell 11.7% to $0.2825 after climbing 35% on Monday.
  • Relay Therapeutics, Inc. RLAY dropped 11.5% to $16.12.
  • Merus N.V. MRUS fell 10.8% to $21.35.
  • FiscalNote Holdings, Inc. NOTE dropped 10.3% to $2.42.
  • Oblong, Inc. OBLG fell 8.2% to $1.9637 after dropping more than 20% on Monday.
  • Telefonaktiebolaget LM Ericsson (publ) ERIC dropped 7.2% to $5.49 after the company reported Q1 financial results. The company also announced CFO Carl Mellander will step down at the end of the Q1 2024.

Now Read This: Wall Street's Most Accurate Analysts Say Sell These 3 Tech Stocks Delivering High-Dividend Yields

Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading IdeasMaterialsMid-Day MoversSpecialty ChemicalsTop 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!