Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

70 Biggest Movers From Friday

Published 31/05/2022, 10:15
Updated 31/05/2022, 11:10
© Reuters.  70 Biggest Movers From Friday

Gainers

  • Avadel Pharmaceuticals plc (NASDAQ: AVDL) shares climbed 133.6% to close at $2.50 on Friday. Avadel Pharmaceuticals shares dipped 68% on Thursday after announcing new FDA request for experimental narcolepsy drug.
  • Oncternal Therapeutics, Inc. (NASDAQ: ONCT) jumped 88.1% to settle at $1.54. Oncternal Therapeutics presented updated interim data for zilovertamab in combination with ibrutinib at ASCO 2022.
  • SIGA Technologies, Inc. (NASDAQ: SIGA) climbed 41.9% to close at $13.68. European Union has agreed to buy Bavarian Nordic's Imvanex, Tecoviriat from Siga in the US.
  • Allarity Therapeutics, Inc. (NASDAQ: ALLR) rose 39.3% to close at $2.87 after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and an $8 price target.
  • Imperial Petroleum Inc. (NASDAQ: IMPP) gained 38.4% to close at $0.5480. Imperial Petroleum announced agreement to acquire two Suezmax tankers for $46.8 million.
  • JE Cleantech Holdings Limited (NASDAQ: JCSE) surged 34.8% to close at $14.99.
  • Merus N.V. (NASDAQ: MRUS) jumped 32.6% to close at $18.53. Merus announced the publication of abstract of Zenocutuzumab in NRG1-fusion (NRG1+) cancer at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting.
  • Farfetch Limited (NASDAQ: FTCH) jumped 26.7% to close at $9.73 following Q1 results.
  • Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) surged 25.7% to close at $20.88.
  • Grom Social Enterprises, Inc. (NASDAQ: GROM) jumped 25.5% to settle at $0.7530.
  • Icosavax, Inc. (NASDAQ: ICVX) gained 25.4% to close at $10.23. Icosavax recently posted a Q1 loss of $0.60 per share.
  • Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) jumped 25.1% to close at $10.77 after the company reported better-than-expected Q1 results.
  • MoonLake Immunotherapeutics (NASDAQ: MLTX) gained 24.6% to close at $6.38. MoonLake Immunotherapeutics recently dosed first patient in the Phase 2 clinical trial evaluating sonelokimab, for patients with moderate-to-severe hidradenitis suppurativa (HS).
  • Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) gained 24.4% to close at $0.75.
  • MiNK Therapeutics, Inc. (NASDAQ: INKT) gained 22.8% to close at $1.67. MiNK Therapeutics recently posted a Q1 loss of $0.23 per share.
  • SoundHound AI, Inc. (NASDAQ: SOUN) surged 21.3% to close at $7.91.
  • Applied Blockchain, Inc. (NASDAQ: APLD) gained 21.1% to settle at $4.60.
  • 111, Inc. (NASDAQ: YI) gained 20.8% to close at $1.92.
  • Ontrak, Inc. (NASDAQ: OTRK) gained 20.6% to close at $1.93.
  • Arcellx, Inc. (NASDAQ: ACLX) rose 20.6% to close at $11.55.
  • Enochian Biosciences, Inc. (NASDAQ: ENOB) jumped 20.5% to close at $5.35. The co-founder of Enochian Biosciences was arrested Wednesday following a two-year investigation into a man who was kidnapped and found dead in January 2018.
  • Super Group (SGHC) Limited (NYSE: SGHC) gained 19.7% to settle at $7.22.
  • Rent the Runway, Inc. (NASDAQ: RENT) jumped 19.6% to close at $4.40.
  • Vivos Therapeutics, Inc. (NASDAQ: VVOS) rose 19.1% to settle at $1.87. Vivos Therapeutics recently posted a Q1 loss of $0.26 per share.
  • Zymergen Inc. (NASDAQ: ZY) jumped 19% to close at $1.38.
  • Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) gained 18.8% to close at $1.1350.
  • Carver Bancorp, Inc. (NASDAQ: CARV) surged 18.5% to close at $11.58.
  • Archer Aviation Inc. (NYSE: ACHR) jumped 18.5% to settle at $4.10.
  • Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC) surged 18.4% to close at $3.86.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) gained 18% to settle at $14.43.
  • Express, Inc. (NYSE: EXPR) surged 17.7% to close at $3.00. Express recently reported better-than-expected Q1 sales results and raised its FY22 guidance.
  • Amyris, Inc. (NASDAQ: AMRS) jumped 17.6% to close at $2.67.
  • Novavax, Inc. (NASDAQ: NVAX) gained 17.5% to settle at $55.29. B of A Securities recently initiated coverage on the stock with an Underperform rating.
  • Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) climbed 17.1% to close at $5.88 after gaining over 7% on Thursday. Concert Pharmaceuticals recently announced topline results from its Phase 3 THRIVE-AA1 trial of CTP-543 in adult patients with moderate to severe alopecia areata (AA).
  • Renalytix Plc (NASDAQ: RNLX) gained 17% to close at $4.19.
  • PMV Pharmaceuticals, Inc. (NASDAQ: PMVP) shares gained 16.1% to close at $15.33. PMV Pharmaceuticals announced initial PC14586 Phase 1 clinical data to be presented at the 2022 American Society of Clinical Oncology Annual Meeting June 7.
  • Houston American Energy Corp. (NASDAQ: HUSA) gained 16.1% to close at $3.76.
  • Karooooo Ltd. (NASDAQ: KARO) rose 14.9% to close at $28.95.
  • Opendoor (NASDAQ:OPEN) Technologies Inc. (NASDAQ: OPEN) gained 14.8% to close at $7.49.
  • Adicet Bio, Inc. (NASDAQ: ACET) rose 14.5% to close at $11.75 after reporting positive clinical update from ADI-001 Phase 1 Trial in relapsed/refractory Non-Hodgkin’s Lymphoma.
  • Omega Therapeutics, Inc. (NASDAQ: OMGA) rose 14% to settle at $2.53.
  • Dell Technologies Inc. (NYSE: DELL) climbed 12.9% to close at $49.58 after the company reported better-than-expected Q1 results.
  • Ulta Beauty, Inc. (NASDAQ: NASDAQ:ULTA) gained 12.5% to close at $425.08 after the company reported better-than-expected Q1 results and raised FY22 net sales guidance.
  • Solo Brands, Inc. (NYSE: DTC) shares gained 8.3% to close at $4.94. Solo Brands recently reported worse-than-expected Q1 sales results.

Losers

  • Performance Shipping Inc. (NASDAQ: PSHG) shares dipped 63.6% to close at $0.6632 on Friday after the company announced the pricing of an underwritten public offering of 7,620,000 units at $1.05 per unit. Each unit consists of one common share and one Class A warrant to purchase one common share.
  • Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) shares dipped 53.6% to close at $7.02 after the company reported results from its C-144-01 clinical study in patients with advanced melanoma. Piper Sandler and Chardan Capital lowered their price targets on the stock.
  • SpringWorks Therapeutics, Inc. (NASDAQ: SWTX) fell 40.5% to close at $18.36 after the company announced initial clinical data from the Phase 1/2 study evaluating nirogacestat.
  • Aurora Cannabis Inc. (NASDAQ: ACB) dropped 38.5% to close at $1.68 after the company announced upsized bought deal financing of $150 million.
  • MSP Recovery, Inc. (NASDAQ: MSPR) dropped 32.3% to close at $1.74.
  • Mirati Therapeutics, Inc. (NASDAQ: MRTX) fell 31.9% to close at $39.81. Mirati Therapeutics reported positive results from the registration-enabling Phase 2 cohort of the KRYSTAL-1 study evaluating adagrasib 600 mg BID in patients with non-small cell lung cancer (NSCLC) harboring the KRASG12C mutation who have received at least one prior systemic therapy.
  • CASI Pharmaceuticals, Inc. (NASDAQ: CASI) dipped 28.9% to settle at $0.37. Casi Pharmaceuticals announced a 1-for-10 reverse stock split effective June 1.
  • I-Mab (NASDAQ: IMAB) fell 26.9% to close at $8.27 as the company reported preliminary data of its ongoing Phase 2 clinical trial (NCT04322006) with uliledlimab, a differentiated CD73 antibody, and its global clinical development plan.
  • Tempest Therapeutics, Inc. (NASDAQ: TPST) dipped 26.7% to close at $2.83.
  • Comera Life Sciences Holdings, Inc. (NASDAQ: CMRA) fell 26.3% to close at $2.50.
  • Mesa Royalty Trust (NYSE: MTR) dipped 26.3% to close at $17.50.
  • Instil Bio, Inc. (NASDAQ: TIL) dropped 24.3% to close at $6.00 as the company reported the IND clearance of first CoStAR-TIL program, ITIL-306, designed to enhance activity in the tumor microenvironment.
  • Quanergy Systems, Inc. (NYSE: QNGY) dipped 22.3% to settle at $0.5441.
  • Bright Green Corporation (NASDAQ: BGXX) fell 21.7% to close at $6.18.
  • Bon Natural Life Limited (NASDAQ: BON) fell 20.8% to settle at $3.77.
  • The Very Good Food Company Inc. (NASDAQ: VGFC) dipped 18.7% to close at $0.2582. The Very Good Food Company recently announced it increased retail distribution across Canada with Loblaw Companies.
  • UTStarcom Holdings Corp. (NASDAQ: UTSI) fell 18.3% to close at $0.6128.
  • ToughBuilt Industries, Inc. (NASDAQ: TBLT) dropped 16.7% to close at $5.00.
  • Genocea Biosciences, Inc. (NASDAQ: GNCA) declined 16.3% to settle at $0.0620. Genocea Biosciences recently announced it is winding down operations and delisting from NASDAQ.
  • Guardion Health Sciences, Inc. (NASDAQ: GHSI) dropped 15.3% to close at $0.1727. Guardion Health Sciences recently posted a Q1 loss of $0.07 per share.
  • Creatd, Inc. (NASDAQ: CRTD) fell 14.1% to close at $1.10.
  • SciSparc Ltd. (NASDAQ: SPRC) fell 13.8% to close at $2.87. SciSparc announced pricing of $10 million private placement priced at-the-market.
  • Big Lots, Inc. (NYSE: NYSE:BIG) declined 12.1% to close at $26.94 after the company reported Q1 EPS results down from last year and worse-than-expected sales results.
  • TC Biopharm (Holdings) Plc (NASDAQ: TCBP) dropped 11.7% to close at $0.7681.
  • Citi Trends, Inc. (NASDAQ: CTRN) dropped 11.4% to close at $29.76. Citi Trends recently reported better-than-expected Q1 adjusted EPS and sales results.
  • Workday, Inc. (NASDAQ: WDAY) fell 5.6% to close at $158.79 after the company reported worse-than-expected Q1 EPS results.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.