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Why CohBar Shares Are Trading Lower By 161%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 23/05/2023, 18:46
Updated 23/05/2023, 20:10
© Reuters.  Why CohBar Shares Are Trading Lower By 161%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • CohBar, Inc. (NASDAQ: CWBR) shares jumped 161% to $4.05 after the company and Morphogenesis announced they have entered into a definitive agreement for an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline.
  • HeartCore Enterprises, Inc. (NASDAQ: HTCR) gained 76.6% to $2.26 following better-than-expected first-quarter results.
  • Ocean Biomedical, Inc. (NASDAQ: OCEA) shares climbed 63% to $8.57 after the company announced a patent award for novel cancer immunotherapy treatment, granted for prostate cancer, colon cancer, ovarian cancer, kidney cancer, breast cancer, glioblastoma, melanoma and lung cancer.
  • Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH) surged 44% to $1.50 after it was granted U.S. patent #11654157: Methods and compositions for cancer therapies that include delivery of halogenated thymidines and thymidine phosphorylase inhibitors in combination with radiation.
  • Unique Fabricating, Inc. (NYSE: UFAB) climbed 32.8% to $0.2599 after the company announced an accommodation agreement and new forbearance agreement to support a restructuring or sale.
  • Icosavax, Inc. (NASDAQ: ICVX) gained 29.7% to $10.21 after the company announced topline interim Phase 1 results for its bivalent VLP vaccine candidate IVX-A12 against RSV and hMPV in older adults.
  • mCloud Technologies Corp. (NASDAQ: MCLD) jumped 27% to $0.4567 after the company announced it has formed a special committee for the purpose of exploring strategic alternatives.
  • Recursion Pharmaceuticals, Inc. (NASDAQ: RXRX) gained 22.6% to $9.96.
  • IMAC Holdings, Inc. (NASDAQ: BACK) climbed 21.9% to $0.1702. Theralink signed definitive merger agreement to be acquired by IMAC Holdings.
  • TuSimple Holdings Inc. (NASDAQ: TSP) climbed 21.2% to $2.01.
  • Lexaria Bioscience Corp. (NASDAQ: LEXX) climbed 20.4% to $0.83. Lexaria Bioscience recently announced it completed its HOR-A22-1 study that showed significant enhancement in the oral delivery of the estrogen hormone estradiol.
  • PacWest Bancorp (NASDAQ: PACW) shares gained 20% to $8.23. PacWest Bancorp shares jumped around 20% on Monday after the company announced it entered into a loan purchase and sale agreement with a subsidiary of Kennedy-Wilson Holdings to sell a portfolio of 74 real estate construction loans. DA Davidson maintained PacWest Banc with a Neutral and raised the price target from $3 to $8.
  • Lifecore Biomedical, Inc. (NASDAQ: LFCR) shares gained 18% to $6.32 after the company announced it entered into $150 million in new financing, repaid its outstanding term loans and signed a new supply agreement to expact its HA fermentation capacity with Alcon.
  • Quanterix Corporation (NASDAQ: QTRX) gained 17.5% to $22.59. Goldman Sachs upgraded Quanterix from Neutral to Buy and raised the price target from $13 to $27.
  • Applied UV, Inc. (NASDAQ: AUVI) shares climbed 15.6% to $0.5512 after posting better-than-expected quarterly sales.
  • Angion Biomedica Corp. (NASDAQ: ANGN) gained 15.1% to $0.9159.
  • SeqLL Inc. (NASDAQ: SQL) shares surged 15% to $0.46 after gaining over 19% on Monday. SeqLL recently posted a wider first-quarter loss.
  • Navigator Holdings Ltd. (NYSE: NVGS) rose 14.2% to $15.00 following strong quarterly sales.
  • Myriad Genetics, Inc. (NASDAQ: MYGN) gained 12.9% to $22.67. Goldman Sachs upgraded Myriad Genetics from Sell to Buy and raised the price target from $18 to $25.
  • Sarcos Technology and Robotics Corporation (NASDAQ: STRC) surged 11.7% to $0.3857.
  • Wallbox N.V. (NYSE: WBX) surged 11.2% to $3.9583.
  • Terns Pharmaceuticals, Inc. (NASDAQ: TERN) jumped 11.2% to $12.55.
  • AbCellera Biologics Inc. (NASDAQ: ABCL) gained 11% to $7.34.
  • Movella Holdings Inc. (NASDAQ: MVLA) rose 9.9% to $2.11 after jumping around 18% on Monday.
  • CureVac N.V. (NASDAQ: CVAC) surged 9.5% to $10.59.
  • Yelp Inc. (NYSE: YELP) gained 9.2% to $35.51. Activist investor TCS Capital Management has built a stake in Yelp and urged the service-recommendation site to explore strategic alternatives, including a sale, the Wall Street Journal reported.
  • Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX) shares rose 5.8% to $1.84. The FDA recently approved expanded labeling for Cumberland Pharmaceuticals’ Caldolor, an intravenously delivered formulation of ibuprofen, to now include use in infants.
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Losers
  • Netcapital Inc. (NASDAQ: NCPL) shares fell 32.8% to $1.62 after the company reported a registered direct offering of 1.1 million shares at $1.55 per share.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) dropped 29% to $0.2001 after the company posted downbeat quarterly results and announced exploration of strategic alternatives and implementation of a restructuring program, including 30% incremental reduction of workforce completed this past week.
  • Kaspien Holdings Inc. (NASDAQ: KSPN) fell 27.6% to $0.4427. Kaspien Holdings reported voluntary delisting from the Nasdaq Capital Market effective on or about June 12.
  • Evolve Transition Infrastructure LP (NYSE: SNMP) dipped 26.6% to $0.0901 after the company announced a 1-for-30 reverse split.
  • Microvast Holdings, Inc. (NASDAQ: MVST) fell 22.3% to $1.71 after the US Energy Department reportedly cancelled contract negotiations for a $200 million award for the company.
  • Microbot Medical Inc. (NASDAQ: MBOT) fell 22.1% to $2.4850. Microbot Medical announced a $1.44 million registered direct offering of 655,569 shares of common stock at a price of $2.20 per share priced at the market under Nasdaq rules.
  • NantHealth, Inc. (NASDAQ: NH) fell 20.6% to $2.04.
  • Oncorus, Inc. (NASDAQ: ONCR) dropped 20% to $0.2480 after the company reported Q1 financial results.
  • Meihua International Medical Technologies Co., Ltd. (NASDAQ: MHUA) dropped 20% to $2.96.
  • D-Wave Quantum Inc. (NYSE: QBTS) fell 16.7% to $0.8501 after surging 110% on Monday.
  • Tenon Medical, Inc. (NASDAQ: TNON) declined 16.1% to $1.36. Tenon Medical recently posted downbeat quarterly results.
  • NexImmune, Inc. (NASDAQ: NEXI) dropped 15.2% to $0.4018.
  • Achieve Life Sciences, Inc. (NASDAQ: ACHV) declined 14.7% to $6.95 as the company reported topline results from Phase 3 ORCA-3 trial of cytisinicline.
  • Integra LifeSciences Holdings Corporation (NASDAQ: IART) fell 13.5% to $43.87 after the company announced it initiated a voluntary global recall of all products manufactured in its Boston facility distributed between March 1, 2018 and May 22, 2023.
  • Voyager Therapeutics, Inc. (NASDAQ: VYGR) fell 10.6% to $12.37.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) dropped 10% to $4.2750 following weak quarterly results.
  • Biocept, Inc (NASDAQ: BIOC) shares dropped 9.6% to $4.4491 dipping over 25% on Monday. Biocept recently announced a 1-for-30 reverse stock split.
  • ToughBuilt Industries, Inc. (NASDAQ: TBLT) fell 9.1% to $0.9277 after reporting results for its first quarter.
  • Peraso Inc. (NASDAQ: PRSO) fell 8.3% to $0.3650 after gaining over 53% on Monday.
  • Zoom Video Communications, Inc. (NASDAQ: ZM) dropped 7% to $66.42. Zoom Video reported better-than-expected results for its first quarter and raised its full-year sales outlook.
  • BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) dropped 6.4% to $65.18 following weak quarterly sales.
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