Benzinga - by Lisa Levin, Benzinga Editor.
Gainers
INVO Bioscience, Inc. (NASDAQ: INVO) jumped 375% to $2.57 as the company agreed to acquire NAYA Biosciences in an all-stock transaction.
LumiraDx Limited (NASDAQ: LMDX) shares climbed 187.4% to $0.25 after the company reported a strategic collaboration with AstraZeneca and Everton in the Community to set up England’s first community-based heart and lung screening hub.
Akumin Inc. (NASDAQ: AKU) shares climbed 125% to $0.3279 after the company reached an agreement with Stonepeak to become a private company.
Textainer Group Holdings Limited (NYSE: TGH) shares gained 44.5% to $49.33 after the company agreed to be acquired by Stonepeak for $7.4 billion.
Twin Ridge Capital Acquisition Corp. (NYSE: TRCA) climbed 17.7% to $8.11.
Bright Green Corporation (NASDAQ: BGXX) rose 17.6% to $0.4156.
Navios Maritime Holdings Inc. (NYSE: NM) gained 17.2% to $2.21. N Logistics Holdings announced plans to acquire all outstanding shares of common stock of Navios Maritime Holdings not already owned by NLHC for $2.28 per share.
Motus GI Holdings, Inc. (NASDAQ: MOTS) gained 16.2% to $0.5576.
TeraWulf Inc. (NASDAQ: WULF) rose 16% to $1.2775
FLJ Group Limited (NASDAQ: FLJ) jumped 15.8% to $0.3323.
NOVONIX Limited (NASDAQ: NVX) climbed 15.4% to $2.10
The Alkaline Water Company Inc. (NASDAQ: WTER) shares rose 14.6% to $0.2290 after falling 14% on Friday.
Nexalin Technology, Inc. (NASDAQ: NXL) surged 13.6% to $0.3580.
Farfetch Limited (NYSE: FTCH) rose 13% to $1.7850.
EngageSmart, Inc. (NYSE: ESMT) gained 12.1% to $22.65 after the company announced it would be acquired by Vista Equity Partners for $23 per share.
Digital Brands Group, Inc. (NASDAQ: DBGI) rose 11.2% to $5.36.
Abacus Life, Inc. (NASDAQ: ABL) climbed 8.4% to $6.81.
Riot Platforms, Inc. (NASDAQ: RIOT) shares gained 7.6% to $9.55 following a spike in Bitcoin.
Hut 8 Mining Corp. (NASDAQ: HUT) gained 7% to $1.9889 amid a rise in Bitcoin.
Losers
Revolution Medicines, Inc. (NASDAQ: RVMD) fell 43.2% to $15.85 after the company announced it presented clinical activity and safety data from its Phase 1/1b trial of RMC-6236.
Li-Cycle Holdings Corp. (NYSE: LICY) shares fell 42.4% to $1.3087 after the company announced plans to halt construction work on its Rochester Hub project, pending completion of a comprehensive review of the go-forward strategy for the project..
Apollomics, Inc. (NASDAQ: APLM) dipped 38% to $1.08 after the company announced the presentation of vebreltinib efficacy and safety data from the KUNPENG clinical trial at ESMO 2023.
XORTX Therapeutics Inc. (NASDAQ: XRTX) fell 36.6% to $0.4050 after jumping more than 100% on Friday.
Aclarion, Inc. (NASDAQ: ACON) fell 36% to $0.3597. Aclarion signed a LOI with ATEC to advance commercialization of Nociscan.
Great Ajax Corp. (NYSE: AJX) declined 33% to $4.26 after the company and Ellington Financial announced the mutual termination of their merger agreement.
Spectaire Holdings Inc. (NASDAQ: SPEC) fell 27.5% to $3.60.
Troika Media Group, Inc. (NASDAQ: TRKA) shares fell 27.3% to $0.8001 after reporting financial results for the quarter ended June 30, 2023.
WANG & LEE GROUP, Inc. (NASDAQ: WLGS) fell 26.3% to $0.56 after gaining over 38% on Friday.
Bruush Oral Care Inc. (NASDAQ: BRSH) declined 23.7% to $0.38.
Agrify Corporation (NASDAQ: AGFY) fell 23% to $1.86.
MMTec, Inc. (NASDAQ: MTC) fell 21.1% to $1.1350.
Ambrx Biopharma Inc. (NASDAQ: AMAM) declined 20.9% to $6.66. Ambrx announced ARX517, a PSMA-targeted ADC, demonstrates 52% PSA50 (≥50% Reduction) and a highly differentiated safety and PK profile in patients with mCRPC, who progressed on multiple FDA-approved treatments.
Ryvyl Inc. (NASDAQ: RVYL) fell 20% to $2.31.
C4 Therapeutics, Inc. (NASDAQ: CCCC) declined 18.2% to $1.53.
FaZe Holdings Inc. (NASDAQ: FAZE) shares fell 17.4% to $0.1643. GameSquare Holdings and FaZe Holdings recently entered into a definitive agreement pursuant to which GameSquare will acquire FaZe Clan in an arm's length all-stock transaction.
Erayak Power Solution Group Inc. (NASDAQ: RAYA) fell 16.4% to $0.7101.
Biocept, Inc. (NASDAQ: BIOC) fell 16.3% to $0.4730.
Harpoon Therapeutics, Inc. (NASDAQ: HARP) shares fell 15.8% to $5.80 after the company. Harpoon announced a private placement of PIPE equity of up to $150 million. The company disclosed announced updated data from a trial evaluating its cancer drug.
Falcon's Beyond Global, Inc. (NASDAQ: FBYD) dipped 15.6% to $14.57.
FMC Corporation (NYSE: FMC) fell 12.7% to $58.52 after the company updated its third-quarter and FY23 outlook.
VinFast Auto Ltd. (NASDAQ: VFS) fell 12.3% to $4.72. The company recently entered into a standby equity agreement with YA LL PN for an aggregate subscription amount of up to $1 billion.
ContraFect Corporation (NASDAQ: CFRX) shares fell 11.9% to $0.3172 in pre-market trading after declining 10% on Friday. The company recently reported FDA clearance of CF-370 IND application to proceed with Phase 1 clinical study.
Catalyst Biosciences, Inc. (NASDAQ: CBIO) fell 11.7% to $0.4414 in pre-market trading after climbing around 25% on Friday.
Intelligent Bio Solutions Inc. (NASDAQ: INBS) fell 10.5% to $0.2417 in pre-market trading after gaining 10% on Friday.
Golden Sun Education Group Limited (NASDAQ: GSUN) shares fell 10.1% to $0.4691 after declining 5% on Friday.
Okta, Inc. (NASDAQ: OKTA) declined 8.9% to $68.87 on continued downward momentum after a threat actor breached its support system and viewed certain customer files. Also, Keybanc maintained an Overweight rating on the stock but lowered its price target from $106 to $95.
World Acceptance Corporation (NASDAQ: WRLD) fell 8% to $102.50 after BMO Capital maintained an Underperform rating on the stock and lowered its price target from $58 to $56.
NewAmsterdam Pharma Company N.V. (NASDAQ: NAMS) declined 7.4% to $6.50. NewAmsterdam Pharma named Ian Somaiya as Chief Financial Officer.
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