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Why CVRx Shares Are Trading Lower By 43%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 21/02/2023, 19:07
© Reuters.  Why CVRx Shares Are Trading Lower By 43%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • Arbe Robotics Ltd. (NASDAQ: ARBE) gained 62.8% to $7.08. Arbe Robotics is expected to report its financial results for the fourth quarter on Thursday, March 2, 2023.
  • Ambrx Biopharma Inc. (NYSE: AMAM) surged 59% to $5.17. Ambrx Biopharma recently announced initial data from its ongoing Phase 1 APEX-01 trial of ARX517, Ambrx's proprietary anti-PSMA ADC, in prostate cancer patients.
  • Harbor Custom Development, Inc. (NASDAQ: HCDI) shares jumped 50.3% to $0.5260 after the company said it has contracted to sell mills Crossing townhomes for $14.25 million.
  • Mobilicom Limited (NASDAQ: MOB) shares gained 37.4% to $2.1307 after the company announced it has entered a strategic partnership with Mistral, a prime contractor for the US Department of Defense.
  • Sorrento Therapeutics, Inc. (NASDAQ: SRNE) jumped 33% to $0.4151.
  • LanzaTech Global, Inc. (NASDAQ: LNZA) gained 27.7% to $5.30.
  • Atlas Lithium Corporation (NASDAQ: ATLX) rose 25.4% to $9.05.
  • Chemomab Therapeutics Ltd. (NASDAQ: CMMB) jumped 25% to $2.45 after the company announced FDA clearance of its Investigational New Drug Application to evaluate CM-101 in a Phase 2 trial in adults with systemic sclerosis.
  • Zedge, Inc. (NYSE: ZDGE) rose 21.1% to $3.27. Zedge, during December, posted a Q1 loss of $0.01 per share.
  • Troika Media Group Inc (NASDAQ: TRKA) shares rose 20.6% to $0.2655 after dropping 4% on Friday.
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) surged 17.7% to $8.98 after the company posted a profit for the fourth quarter.
  • Titan Medical Inc. (NASDAQ: TMDI) gained 16% to $0.2212.
  • Siyata Mobile Inc. (NASDAQ: SYTA) rose 14% to $0.1733. Siyata received $750,000 order for its next generation push-to-talk over cellular solution.
  • Travere Therapeutics, Inc. (NASDAQ: TVTX) jumped 13.6% to $20.24. The FDA granted accelerated approval to Travere Therapeutics’ Filspari (sparsentan) to reduce proteinuria in adults with primary IgAN at risk of rapid disease progression.
  • Sigma Lithium Corporation (NASDAQ: SGML) gained 13.1% to $33.34 following reports that Tesla is considering a bid for the battery metals mining company.
  • Dingdong (Cayman) Limited (NYSE: DDL) gained 12.2% to $5.07.
  • The Manitowoc Company, Inc. (NYSE: MTW) jumped 11.8% to $16.06 after reporting Q4 results.
  • Apellis Pharmaceuticals Inc (NASDAQ: APLS) shares rose 11.4% to $61.96 after the company said that the FDA approved SYFOVRE as first and only treatment for geographic atrophy.
  • Meihua International Medical Technologies Co., Ltd. (NASDAQ: MHUA) gained 10.2% to $28.67.
  • Vir Biotechnology, Inc. (NASDAQ: VIR) gained 9.8% to $28.27 after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $41 to $53.
  • Owlet Inc (NYSE: OWLT) rose 8.9% to $0.3711 after reporting a $30 million private placement financing.
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Losers
  • Aileron Therapeutics, Inc. (NASDAQ: ALRN) shares fell 43.5% to $1.3450 after the company announced termination of Phase 1b breast cancer chemoprotection trial and exploration of strategic alternatives.
  • CVRx, Inc. (NASDAQ: CVRX) fell 42.6% to $9.87 after the company reported preliminary results of the BeAT-HF post-market randomized clinical trial.
  • OKYO Pharma Limited (NASDAQ: OKYO) fell 26.5% to $2.7501 after surging 58% on Friday. OKYO Pharma, during December, announced U.S. FDA clearance of IND application for OK-101 for the treatment of dry eye disease.
  • Akanda Corp. (NASDAQ: AKAN) fell 21% to $0.2350.
  • Metalpha Technology Holding Limited (NASDAQ: MATH) dropped 21% to $0.7828.
  • eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR) dipped 20.7% to $0.50 after the company announced top-line results from its Phase 1b clinical trial of zotatifin for COVID-19 infection.
  • Unique Fabricating, Inc. (NASDAQ: UFAB) fell 20% to $0.5115.
  • Donnelley Financial Solutions, Inc. (NYSE: DFIN) declined 17.5% to $40.89 following downbeat Q4 results.
  • BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) fell 15.6% to $8.61 after the company reported worse-than-expected Q4 EPS results.
  • TH International Limited (NASDAQ: THCH) dropped 15% to $5.67. TH International recently entered into a transaction for the exclusive development of Popeyes in mainland China and Macau.
  • Dana Incorporated (NYSE: DAN) declined 14.7% to $16.07. Dana reported fourth-quarter FY22 sales growth of 12.4% year-on-year to $2.56 billion.
  • Lanvin Group Holdings Limited (NYSE: LANV) fell 13.6% to $6.52.
  • Trinity Industries, Inc. (NYSE: TRN) dropped 13.4% to $24.56 following weak quarterly results.
  • Reata Pharmaceuticals, Inc. (NASDAQ: RETA) fell 13.3% to $42.33.
  • SciSparc Ltd. (NASDAQ: SPRC) fell 13% to $0.87. SciSparc shares gained around 10% on Friday after the company announced its MitoCareX Bio joint venture achieved its first milestone pursuant to the March 10, 2022 Founders and Investment Agreement.
  • Photronics, Inc. (NASDAQ: PLAB) dropped 11.8% to $15.89 following Q1 results.
  • NexImmune, Inc. (NASDAQ: NEXI) shares fell 11.4% to $0.5227. NexImmune recently announced data showing AIM ACT T cells enhance the response to bispecific T cell engager therapy at the 2023 Tandem Meetings: Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR.
  • Snail, Inc. (NASDAQ: SNAL) fell 10.8% to $1.80.
  • JD.com, Inc. (NASDAQ: JD) fell 9.6% to $47.96 following a media report that the company is planning a $1.5 billion subsidy campaign to compete against rivals.
  • EnPro Industries, Inc. (NYSE: NPO) dipped 9.5% to $108.30 following Q4 results.
  • Fastly, Inc. (NYSE: FSLY) fell 9.3% to $14.42. Citigroup maintained Fastly with a Sell and raised the price target from $7 to $8.
  • Sonic Automotive, Inc. (NYSE: SAH) dropped 9.1% to $54.56. JP Morgan downgraded Sonic Automotive from Overweight to Neutral and lowered the price target from $60 to $55.
  • Elanco Animal Health Incorporated (NYSE: ELAN) fell 8.6% to $12.00. Elanco Animal Health reported a Q4 FY22 revenue of $988 million.
  • Vinco Ventures, Inc. (NASDAQ: BBIG) shares dropped 8.1% to $0.5295. VVIP Ventures recently entered into an Asset Purchase Agreement with magazine publisher a360 Media to acquire the National Enquirer, the National Examiner and Globe. VVIP Ventures is a joint venture between Vinco Ventures and ICON Publishing, LLC.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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