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Why Fisker Shares Are Trading Higher By Over 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Published 29/12/2023, 18:03
Updated 29/12/2023, 19:10
© Reuters.  Why Fisker Shares Are Trading Higher By Over 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of Fisker Inc. (NYSE: FSR) rose sharply during Friday’s session after the company provided a December 2023 business update.

The company grew deliveries by over 300% from Q3 to Q4, and total deliveries are approximately 4,700, with the majority being Fisker Ocean One launch edition vehicles priced at $68,999. In 2023, Fisker produced 10,142 Fisker Oceans and delivered approximately 4,700 vehicles.

Fisker shares jumped 20.8% to $1.8250 on Friday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) shares climbed 132.6% to $4.8150.
  • Aditxt, Inc. (NASDAQ: ADTX) shares climbed 73.4% to $8.36. Aditxt recently entered into definitive agreement to acquire Evofem Biosciences, Inc.
  • China Green Agriculture, Inc. (NYSE: CGA) gained 68.3% to $3.1982. On Dec. 27, China Green Agriculture entered into a stock purchase agreement with Zhibiao Pan for the acquisition of all outstanding stock of Lonestar Dream for a total consideration of $49 million.
  • Sentage Holdings Inc. (NASDAQ: SNTG) gained 57% to $2.7802.
  • cbdMD, Inc. (NYSE: YCBD) shares climbed 55.7% to $1.2299 after gaining 11% on Thursday.
  • Jin Medical International Ltd. (NASDAQ: ZJYL) gained 40.8% to $245.00. The company recently received a letter from the Nasdaq indicating that a delisting action has been stayed.
  • SYLA Technologies Co., Ltd. (NASDAQ: SYT) rose 27.5% to $5.60. SYLA Technologies recently increased its FY23 guidance.
  • Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) rose 17.8% to $0.3890. Titan Pharmaceuticals said its Board of Directors has approved a 1-for-20 reverse stock split.
  • Future FinTech Group Inc. (NASDAQ: FTFT) gained 14.7% to $2.33.
  • Kintara Therapeutics, Inc. (NASDAQ: KTRA) rose 14% to $0.22 after gaining 7% on Thursday.
  • Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: LVLU) gained 14% to $1.88.
  • Grifols, S.A. (NASDAQ: GRFS) gained 12.1% to $11.79 after the company reached a Strategic Alliance and Share Purchase Agreement with Haier Group Corp for the sale of approximately a 20% equity stake in SRAAS in exchange for approximately $1.8 billion.
  • PureTech Health plc (NASDAQ: PRTC) rose 10.4% to $27.00.
  • FLJ Group Limited(NASDAQ: FLJ) gained 9.6% to $1.4801. FLJ Group completed $180 million cash purchase of Alpha Mind Technology and terminated equity acquisition agreement entered into with Lianlian Holdings Inc.
  • TAL Education Group (NYSE: TAL) rose 9.3% to $12.89.
  • Dunxin Financial Holdings Limited (NYSE: DXF) gained 9.1% to $0.3722.
  • Visionary Education Technology Holdings Group Inc. (NASDAQ: GV) shares climbed 7.5% to $0.2161.
  • Beyond Meat, Inc. (NASDAQ: BYND) gained 7.3% to $9.35.
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Losers
  • Global Mofy Metaverse Limited (NASDAQ: GMM) shares fell 37.2% to $7.00. Global Mofy Metaverse announced a $10 million follow-on offering.
  • Ucommune International Ltd (NASDAQ: UK) fell 26.1% to $3.85 after jumping over 71% on Thursday. Ucommune recently regained compliance with Nasdaq minimum bid price requirement.
  • Sidus Space, Inc. (NASDAQ: SIDU) shares fell 25.2% to $8.60. Sidus Space shares surged 163% on Thursday amid increased volatility after the company highlighted its 2023 achievements which it says have laid the groundwork for an anticipated launch in Q1 2024.
  • Nova LifeStyle, Inc. (NASDAQ: NVFY) fell 21.2% to $3.6999 after jumping 203% on Thursday.
  • Ucommune International Ltd (NASDAQ: UK) shares fell 20.3% to $4.15 after jumping over 71% on Thursday. Ucommune recently regained compliance with Nasdaq minimum bid price requirement.
  • Canaan Inc. (NASDAQ: CAN) fell 20% to $2.24.
  • BIO-key International, Inc. (NASDAQ: BKYI) dipped 19.9% to $2.8820.
  • Fortress Biotech, Inc. (NASDAQ: FBIO) declined 19.8% to $3.1201 as the company announced pricing of $11 million registered direct offering priced at-the-market under Nasdaq rules.
  • Enveric Biosciences, Inc. (NASDAQ: ENVB) fell 19.2% to $1.26. Enveric Biosciences recently announced it named EB-003 as its lead drug candidate from its next-generation EVM301 Series.
  • Microbot Medical Inc. (NASDAQ: MBOT) fell 19.1% to $1.6575. Microbot Medical announced exercise of outstanding preferred investment options for $2.73 million in gross proceeds priced at-the-market under Nasdaq rules.
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) declined 19.1% to $4.1188.
  • Bitdeer Technologies Group (NASDAQ: BTDR) fell 17.1% to $10.95.
  • TeraWulf Inc. (NASDAQ: WULF) fell 16.3% to $2.5507.
  • Bone Biologics Corporation (NASDAQ: BBLG) shares fell 16.2% to $5.03 after gaining 29% on Thursday. Bone Biologics' stock recently effected a 1-for-8 reverse-split on Dec. 20, and the company also announced the closing of a direct offering of 1,139,063 shares of common stock at a purchase price of $0.64 per share on Nov. 20.
  • Cingulate Inc. (NASDAQ: CING) fell 15.7% to $8.28. Cingulate shares jumped 146% on Thursday after the company announced it received guidance from the FDA regarding its clinical program for CTx-1301.
  • Banyan Acquisition Corporation (NYSE: BYN) shares fell 15% to $11.00 after jumping 42% on Thursday.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) declined 14% to $18.84.
  • Tellurian Inc. (NASDAQ: TELL) declined 13.3% to $0.7621.
  • SenesTech, Inc. (NASDAQ: SNES) shares fell 12.7% to $1.51 after jumping over 100% on Thursday. Earlier in December, SenesTech announced substantial initial orders for its Evolve Soft Bait product which controls pests through a nontoxic method of fertility control. The company also announced its entry into an exclusive distribution agreement with Fruit Tree Limited, a pest control company based in Hong Kong.
  • DatChat, Inc. (NASDAQ: DATS) fell 7.7% to $3.0365. On Dec. 27, 2023, Datchat filed a certificate of change in Nevada to increase its authorized common stock from 18 million to 180 million shares.
  • Quantum-Si incorporated (NASDAQ: QSI) fell 7% to $2.1107.
  • flyExclusive Inc (NYSE: FLYX) shares fell 6.6% to $6.40 after dipping over 42% on Thursday.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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