Why Eiger BioPharmaceuticals Shares Are Trading Lower By 52%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Gainers

  • Avalo Therapeutics, Inc. AVTX shares surged 68% to $0.2075. Avalo Therapeutics, on Sept 12, got notice from the Nasdaq as of Sept 11 the company’s securities had closing bid price of $0.10/less for 10 consecutive trading days.
  • ZyVersa Therapeutics, Inc. ZVSA gained 63.5% to $0.2101.
  • Rocket Pharmaceuticals, Inc. RCKT rose 31.8% to $20.15 after the company announced that alignment has been reached with the FDA on the global Phase 2 pivotal trial of RP-A501 for Danon Disease.
  • Connexa Sports Technologies Inc. CNXA gained 22.2% to $0.1090.
  • Axcella Health Inc. AXLA shares jumped 19.3% to $1.36 after jumping more than 59% on Tuesday.
  • Alset Capital Acquisition Corp. ACAX gained 19.1% to $10.60.
  • Ohmyhome Limited OMH gained 18.2% to $1.9147.
  • ECARX Holdings Inc. ECX surged 16.8% to $3.5628.
  • VEON Ltd. VEON gained 16.4% to $19.30.
  • Super League Enterprise, Inc. SLE shares gained 16.2% to $2.2650 after falling 40% on Tuesday.
  • DZS Inc. DZSI gained 15.3% to $2.11. DZS secured $29.7 million in financing.
  • HireRight Holdings Corporation HRT climbed 14.8% to $10.05. HireRight plans additional $25 million share repurchase program.
  • Sigma Lithium Corporation SGML rose 13.7% to $36.54.
  • Navidea Biopharmaceuticals, Inc. NAVB gained 13.3% to $0.1050.
  • Workhorse Group Inc. WKHS shares rose 13.2% to $0.7199 after the company announced it has received IRS approval as a qualified manufacturer for the Commercial Clean Vehicle Credit.
  • GRI Bio, Inc. GRI gained 12.5% to $1.44.
  • FaZe Holdings Inc. FAZE gained 11.5% to $0.2041 after declining 13% on Tuesday.
  • REV Group, Inc. REVG surged 9.2% to $14.07 after the company reported better-than-expected third-quarter financial results and raised FY23 net sales guidance above estimates.
  • Mainz Biomed N.V. MYNZ rose 6% to $3.88 after the company announced topline results from its ColoFuture study.

Losers

  • MicroCloud Hologram Inc. HOLO shares tumbled 71% to $3.05.
  • Eiger BioPharmaceuticals, Inc. EIGR shares dipped 52.5% to $0.3279 after the company announced its decision to discontinue the Phase 3 LIMT-2 study of peginterferon lambda in patients with chronic hepatitis delta.
  • Calidi Biotherapeutics CLDI fell 42.5% to $4.60 following the company’s public debut.
  • Wheels Up Experience Inc. UP tumbled 31.3% to $2.72.
  • KULR Technology Group, Inc. KULR fell 29% to $0.4129 as the company reported pricing of $2.5 million public offering of common stock.
  • MMTec, Inc. MTC fell 28.5% to $0.3950.
  • Evolution Petroleum Corporation EPM fell 23% to $6.81 after reporting downbeat fourth-quarter results.
  • Applied Optoelectronics, Inc. AAOI declined 19% to $9.20.
  • Canopy Growth Corporation CGC shares fell 18.7% to $1.0887 after declining more than 20% on Tuesday.
  • Acelyrin, Inc. SLRN fell 16.6% to $10.68. Morgan Stanley downgraded Acelyrin from Overweight to Equal-Weight and lowered the price target from $39 to $19.
  • Coda Octopus Group, Inc. CODA declined 16.2% to $6.27 following downbeat quarterly results.
  • Infinity Pharmaceuticals, Inc. INFI tumbled 16% to $0.0707. Infinity Pharmaceuticals received a delisting determination letter from Nasdaq stating that the company's stock will be suspended on Sept. 14, unless it requests a review of this decision.
  • Nature Wood Group Limited NWGL shares fell 15.4% to $8.12. Nature Wood Group reported the pricing of its initial public offering of 750,000 American Depositary Shares at $9 per ADS.
  • GigaCloud Technology Inc. GCT fell 14.7% to $11.29. GigaCloud Technology recently entered into an agreement as the stalking horse bidder to acquire substantially all assets of Noble House Home Furnishings for $85 million.
  • Nature Wood Group Limited NWGL shares declined 12% to $8.45.
  • Kaixin Auto Holdings KXIN shares fell 9.2% to $0.2487. Kaixin Auto recently inked a non-binding acquisition term sheet with WM Motor.
  • Sana Biotechnology, Inc. SANA fell 9% to $5.18. Sana Biotechnology spokesperson, at Morgan Stanley Healthcare Conference, said expects to file an IND filing for SC291 product candidate in autoimmune diseases in the fourth quarter.
  • WeWork Inc. WE fell 7.7% to $5.21 after jumping 87% on Tuesday.
  • Roblox Corporation RBLX tumbled 7.2% to $27.10.
  • Grab Holdings Limited GRAB fell 7.2% to $3.5175 after Singapore's Land Transport Authority announced it will investigate the supply of taxi and ride-hailing services in connection with a a review of the point-to-point industry structure and regulatory framework.
  • Unity Software Inc. U fell 5.7% to $36.75.

Now Read This: Bitcoin Tops $26,000; Toncoin Emerges As Top Gainer

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsIntraday 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!