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Why Aclaris Therapeutics Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Published 06/03/2023, 18:25
Updated 06/03/2023, 19:40
© Reuters.  Why Aclaris Therapeutics Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga - Gainers

  • Unicycive Therapeutics, Inc. (NASDAQ: UNCY) shares surged 159% to $1.27 after the company announced a private placement of up to $130 million in gross proceeds to commercialize and launch Renazorb.
  • BridgeBio Pharma, Inc. (NASDAQ: BBIO) shares jumped 59.5% to $17.34 after the company announced positive data for its phase 2 study of Infigratinib in Achondroplasia.
  • Avalon GloboCare Corp. (NASDAQ: ALBT) shares gained 53.5% to $3.3330.
  • Azul S.A. (NYSE: AZUL) gained 45.3% to $6.05 after the company announced a deal to reduce the immediate cash it must expend for leased property.
  • Kala Pharmaceuticals, Inc. (NASDAQ: KALA) rose 28.3% to $21.49. HC Wainwright & Co. maintained Kala Pharmaceuticals with a Buy and raised the price target from $12 to $20.Kala Pharmaceuticals recently said Q4 adjusted EPS results were higher year over year.
  • TCR2 Therapeutics Inc. (NASDAQ: TCRR) gained 28% to $1.55 after the company and Adaptimmune announced a strategic combination to create a preeminent cell therapy company for solid tumors.
  • Bellerophon Therapeutics, Inc. (NASDAQ: BLPH) surged 25% to $2.28. Bellerophon Therapeutics announced a $5 million registered direct offering with institutional investor.
  • Genius Group Limited (NYSE: GNS) gained 22.5% to $4.4493.
  • Entera Bio Ltd. (NASDAQ: ENTX) rose 22.1% to $1.2206 after dropping 5% on Friday. Entera Bio recently announced the FDA's acceptance of a Type D meeting review to affirm design of the pivotal, Phase 3 protocol for EB613 PTH mini tablets, as the first oral osteoanabolic treatment of post-menopausal osteoporosis.
  • Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) gained 21.8% to $2.51 amid strong Brazilian air travel numbers.
  • Orchard Therapeutics plc (NASDAQ: ORTX) jumped 21.3% to $0.57 after the company posted a narrower quarterly loss.
  • Borqs Technologies, Inc. (NASDAQ: BRQS) gained 17.2% to $0.2810. Borqs sees preliminary FY22 revenue of $53 million to $58 million.
  • Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) jumped 17% to $0.9920.
  • Motorsport Games Inc. (NASDAQ: MSGM) jumped 16% to $11.16. Motorsport Games recently announced a $4.03 million registered direct offering.
  • Armata Pharmaceuticals, Inc. (NYSE: ARMP) gained 15.8% to $3.20 after the company announced topline data from the Phase 1b/2a SWARM-P.a. clinical trial of inhaled AP-PA02 in patients with cystic fibrosis.
  • Troika Media Group, Inc. (NASDAQ: TRKA) rose 15.6% to $0.5968 after dropping over 4% on Friday.
  • Snap Inc. (NYSE: SNAP) gained 11.3% to $11.85.
  • BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) rose 9.4% to $2.7251 after declining around 3% on Friday.
  • Secoo Holding Limited (NASDAQ: SECO) rose 7.5% to $1.0750 after dipping over 31% on Friday.
  • Hertz Global Holdings, Inc. (NYSE: HTZ) shares rose 7.4% to $20.18. Hertz Global will replace Pebblebrook Hotel Trust in the S&P MidCap 400 effective Monday, March 20.
  • BuzzFeed, Inc. (NASDAQ: BZFD) rose 6.7% to $1.6540. BuzzFeed is expected to release its Q4 financial results on Monday, March 13, 2023, after the closing bell.
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Losers
  • Aclaris Therapeutics, Inc. (NASDAQ: ACRS) shares dipped 54.5% to $5.82 after the company announced its Phase 2A study of Zunsemetinib for Hidradentis Suppurativa did not meet its primary or secondary endpoints.
  • Embark Technology, Inc. (NASDAQ: EMBK) dropped 32.4% to $2.56. On March 1, 2023, Embark Technology board approved a reduction in its current workforce by approximately 230 employees.
  • Recon Technology, Ltd. (NASDAQ: RCON) fell 27.7% to $1.3073.
  • Rubius Therapeutics, Inc. (NASDAQ: RUBY) fell 22.3% to $0.0970 after gaining 10% on Friday.
  • Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 22% to $4.9450 after the company published new data on its treatment to reduce cardiovascular risk.
  • Yoshiharu Global Co. (NASDAQ: YOSH) dropped 21.5% to $1.7190.
  • Digital Media Solutions, Inc. (NYSE: DMS) dropped 19.3% to $0.9123. Digital Media Solutions, Inc. signed an agreement to acquire the HomeQuote.io home services marketplace from Customer Direct Group along with their brand direct international ad network.
  • Science 37 Holdings, Inc. (NASDAQ: SNCE) fell 17.7% to $0.2630 after the company posted a Q4 loss and files for mixed shelf of up to $100 million.
  • Adaptimmune Therapeutics plc (NASDAQ: ADAP) dropped 17.3% to $1.4550 after the company announced a strategic combination with TCR2 Therapeutics. The company also reported Q4 financial results.
  • CECO Environmental Corp. (NASDAQ: CECO) dipped 13.3% to $13.50 after the company posted Q4 results.
  • Sidus Space, Inc. (NASDAQ: SIDU) fell 13.1% to $0.76.
  • Performance Shipping Inc. (NASDAQ: PSHG) shares fell 12.5% to $0.9703. Performance Shipping recently reported pricing of $12.5 million registered direct offering.
  • Addex Therapeutics Ltd (NASDAQ: ADXN) dropped 12.1% to $1.6087.
  • ObsEva SA (NASDAQ: OBSV) fell 9.7% to $0.2074. ObsEva shares jumped 117% on Friday following the purchase of 4 million shares by a company director.
  • Unisys Corporation (NYSE: UIS) fell 9.1% to $4.4350.
  • Oculis Holding AG (NASDAQ: OCS) dropped 8.3% to $9.98.
  • IAA, Inc. (NYSE: IAA) fell 7.6% to $38.06.
  • Vivos Therapeutics, Inc. (NASDAQ: VVOS) shares fell 7.5% to $0.3998 after gaining 11% on Friday. Vivos Therapeutics recently acquired product rights and patents from Advanced Facialdontics, LLC.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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