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Why GigaCloud Technology Jumped 206%; Here Are 79 Biggest Movers From Yesterday

Published 22/08/2022, 07:33
Updated 22/08/2022, 08:10
© Reuters.  Why GigaCloud Technology Jumped 206%; Here Are 79 Biggest Movers From Yesterday

Gainers

  • GigaCloud Technology Inc (NASDAQ: GCT) shares jumped 206% to close at $48.01 on Friday on continued volatility following the company's IPO on Thursday.
  • Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) shares gained 80.2% to close at $0.91 after the company announced a marketing authorization application for pegzilarginase for the treatment of Arginase 1 deficiency has been submitted to and successfully validated by the European Medicines Agency.
  • Social Capital Suvretta Holdings Corp. I (NASDAQ: DNAA) jumped 48.3% to settle at $14.07 following the completion of the SPAC merger with Akili.
  • Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 40.4% to close at $59.55 after the company announced the U.S. FDA has approved Auvelity for the treatment of major depressive disorder in adults.
  • Lottery.com Inc. (NASDAQ: LTRY) gained 31.8% to settle at $0.48.
  • Volcon, Inc. (NASDAQ: VLCN) rose 31.5% to settle at $2.42 after the company announced it has received over $100 million of pre-production orders for the Stag.
  • Greenbrook TMS Inc. (NASDAQ: GBNH) gained 29.5% to close at $3.07. Greenbrook TMS recently posted Q2 loss of $0.41 per share.
  • Graphex Group Limited (NYSE: GRFX) jumped 21.4% to close at $2.50. Graphex Group announced closing of upsized $11.7 million public offering and NYSE American listing.
  • Immunovant, Inc. (NASDAQ: NASDAQ:IMVT) gained 21.1% to settle at $6.21.
  • Foot Locker , Inc. (NYSE: NYSE:FL) climbed 20% to close at $38.39 after the company reported Q2 results and announced a CEO transition. B of A Securities and Citigroup (NYSE:C) upgraded their ratings on the stock.
  • T Stamp Inc. (NASDAQ: IDAI) gained 19.9% to settle at $1.75.
  • Aditxt, Inc. (NASDAQ: ADTX) gained 18.5% to settle at $0.19.
  • Assure Holdings Corp. (NASDAQ: IONM) climbed 17.7% to close at $1.40. Assure Hldgs recently posted Q2 loss of $0.37 per share.
  • Bill.com Holdings, Inc. (NYSE: BILL) shares jumped 16.7% to close at $174.29 after the company announced better-than-expected Q4 results and issued sales guidance above estimates.
  • Bionomics Limited (NASDAQ: BNOX) rose 16.2% to close at $8.15.
  • Taylor Devices, Inc. (NASDAQ: TAYD) gained 16.1% to settle at $9.81 after reporting a sharp rise in Q4 earnings.
  • Applied DNA Sciences, Inc. (NASDAQ: APDN) gained 14.2% to close at $4.11. Applied DNA submitted PCR-based Monkeypox virus diagnostic test for approval to New York State Department of Health.
  • Regis Corporation (NYSE: RGS) gained 13.8% to close at $1.57.
  • Mannatech, Incorporated (NASDAQ: MTEX) surged 12.8% to settle at $26.50. Mannatech recently reported a second-quarter FY22 sales decline of 17.7% year-on-year, to $35 million, compared to $42.5 million.
  • Secoo Holding Limited (NASDAQ: SECO) jumped 11.3% to close at $0.2650 following announcement of equity investment led by private equity firm HCYK.
  • Bruush Oral Care Inc. (NASDAQ: BRSH) gained 11.3% to settle at $2.36.
  • Avaya Holdings Corp. (NYSE: AVYA) rose 11.2% to close at $0.7246. Avaya recently received New York Stock Exchange notice regarding late form 10-Q filing.
  • Summit Therapeutics Inc. (NASDAQ: SMMT) shares gained 10% to close at $1.10. Summit Therapeutics CEO Robert W Duggan acquired a total of 94,849,203 shares at an average price of $0.97.
  • Occidental Petroleum Corporation (NYSE: NYSE:OXY) jumped 9.9% to settle at $71.29 following reports suggesting Berkshire Hathaway (NYSE:BRKa) has requested approval to accumulate up to a 50% stake.
  • Blueprint Medicines Corporation (NASDAQ: BPMC) gained 8.7% to close at $69.66. Blueprint Medicines recently announced topline results from the registrational Part 2 of the PIONEER trial of Ayvakit (avapritinib) for non-advanced systemic mastocytosis (SM).
  • SaverOne 2014 Ltd (NASDAQ: SVRE) rose 6.5% to close at $2.78.
  • Mobiquity Technologies, Inc. (NASDAQ: MOBQ) rose 6.2% to close at $1.37 after the company reported Q2 year over year sales growth of 273%.
  • Marpai, Inc. (NASDAQ: MRAI) rose 6.2% to close at $0.8494. Marpai Director Yaron Eitan recently acquired a total of 31,000 shares at an average price of $0.79.
  • LumiraDx Limited (NASDAQ: LMDX) rose 5% to close at $1.26. LumiraDx recently reported worse-than-expected Q2 adjusted EPS and sales results.

Losers

  • Accelerate Diagnostics, Inc. (NASDAQ: AXDX) dipped 49.4% to close at $1.26 after the company announced the pricing of a public offering of 17,500,000 shares valued at approximately $35 million.
  • Bright Minds Biosciences Inc. (NASDAQ: DRUG) declined 42.4% to settle at $1.25. Shares of Bright Minds Biosciences jumped 136% on Thursday amid an increase in retail investor interest.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares dropped 40.5% to close at $11.03 after an amended 13D filing showed Ryan Cohen has a 0% stake in the company.
  • Capstone Green Energy Corporation (NASDAQ: CGRN) shares dipped 38.8% to close at $2.41 on Friday after the company announced the pricing of a public offering of 2,934,498 shares valued at approximately $8 million.
  • Clarus Therapeutics Holdings, Inc. (NASDAQ: CRXT) dropped 27.2% to close at $0.2062. Clarus Therapeutics posted a Q2 loss of $0.24 per share.
  • Golden Sun Education Group Limited (NASDAQ: GSUN) fell 23.1% to settle at $50.85 on possible profit taking after the stock surged on Thursday.
  • Rockley Photonics Holdings Limited (NYSE: RKLY) dipped 23% to close at $1.41.
  • MMTec, Inc. (NASDAQ: MTC) dropped 22.3% to close at $1.88.
  • StoneCo Ltd. (NASDAQ: STNE) fell 22.3% to close at $9.06 after the company reported Q2 results and said Marcelo Baldin, Chief Financial Officer, is departing from the company.
  • Lizhi Inc. (NASDAQ: LIZI) shares fell 22.2% to close at $1.37 after reporting Q2 results.
  • Second Sight Medical Products, Inc. (NASDAQ: EYES) fell 21.2% to settle at $4.35.
  • CI&T Inc (NYSE: CINT) fell 21.2% to close at $9.02. CI&T recently posted Q2 EPS of R$0.20.
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) dipped 20.9% to close at $5.52.
  • 23andMe Holding Co. (NASDAQ: ME) fell 20.3% to close at $3.33. 23andMe announced that the company’s CFO Steven Schoch will resign, effective September 1.
  • Wayfair Inc. (NYSE: W) dropped 20.1% to close at $57.01 after the company announced it will cut its workforce by approximately 870 employees, representing approximately 5% of its global workforce and approximately 10% of its corporate team.
  • Vinco Ventures, Inc. (NASDAQ: BBIG) fell 20% to close at $1.16.
  • Amyris, Inc. (NASDAQ: AMRS) fell 18.9% to settle at $2.88.
  • Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) fell 18.3% to close at $17.86 after the company reported worse-than-expected Q2 EPS results and issued Q3 sales guidance below estimates.
  • Nautilus Biotechnology, Inc. (NASDAQ: NAUT) dipped 17.2% to settle at $2.21.
  • Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) dropped 16.9% to settle at $0.8474 on possible profit taking after the stock surged on Thursday.
  • PAVmed Inc. (NASDAQ: PAVM) fell 16.7% to close at $1.20.
  • Otonomo Technologies Ltd. (NASDAQ: OTMO) dropped 16.4% to close at $0.55.
  • Agrify Corporation (NASDAQ: AGFY) dropped 16.3% to settle at $1.03. Agrify signed a definitive agreement with its institutional lender to successfully amend its existing credit facility.
  • HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) declined 15.8% to close at $5.32. Shares of crypto-related stocks traded lower amid a drop in Bitcoin and Ethereum prices.
  • Palatin Technologies, Inc. (NYSE: PTN) dropped 15.7% to close at $0.2615 after the company announced a 1-for-25 reverse stock split.
  • Inotiv, Inc. (NASDAQ: NOTV) fell 15.7% to settle at $20.83. Inotiv recently reported better-than-expected Q3 sales results.
  • Marathon Digital Holdings, Inc (NASDAQ: MARA) fell 15.5% to close at $13.18 amid a decline in Bitcoin and Ethereum prices.. Marathon Digital recently posted a Q2 loss of $1.75 per share.
  • Tritium DCFC Limited (NASDAQ: DCFC) fell 15.3% to settle at $7.08.
  • Warby Parker Inc. (NYSE: WRBY) declined 15.1% to settle at $13.79.
  • Plus Therapeutics, Inc. (NASDAQ: PSTV) dropped 15.1% to settle at $0.72. Plus Therapeutics shares gained 54% on Thursday after the company announced it was awarded $17.6 million Product Development Research grant by the Cancer Prevention and Research Institute of Texas to fund radiotherapeutic, Rhenium-186 NanoLiposome.
  • Neptune Wellness Solutions Inc. (NASDAQ: NEPT) fell 14.9% to settle at $1.72. Neptune Wellness shares jumped around 50% on Thursday after the company announced sales have outperformed Walmart (NYSE:WMT)'s expectations.
  • Sunworks, Inc. (NASDAQ: SUNW) dropped 14.8% to settle at $3.34. Shares of solar-related companies traded lower in sympathy with Maxeon, which reported worse-than-expected Q2 EPS results and issued Q3 sales guidance below estimates.
  • Arco Platform Limited (NASDAQ: ARCE) fell 14.7% to settle at $15.00 following Q2 results.
  • Stitch Fix, Inc. (NASDAQ: SFIX) dipped 14.7% to close at $6.66. Shares of retail and e-commerce companies traded lower as investors assess this week's earnings reports from Walmart and Target (NYSE:TGT). Stocks have sold off today as the market weighs economic sentiment and Fed outlook.
  • Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) dropped 14.7% to close at $0.7290. Mawson Infrastructure Group is expected to report Q2 results on August 22, 2022.
  • Core Scientific, Inc. (NASDAQ: CORZ) fell 14.1% to settle at $2.50. Shares of crypto-related stocks traded lower amid a drop in Bitcoin and Ethereum prices.
  • America's Car-Mart, Inc. (NASDAQ: CRMT) fell 14% to close at $79.48. Stephens & Co. downgraded America's Car-Mart from Overweight to Equal-Weight and announced an $83 price target.
  • Hut 8 Mining Corp. (NASDAQ: HUT) fell 13.8% to close at $2.32 after declining 10% on Thursday. The company launched at-the-market equity program of up to $200 million.
  • Affirm Holdings, Inc. (NASDAQ: AFRM) fell 13.5% to close at $30.92.
  • Tattooed Chef, Inc. (NASDAQ: TTCF) fell 13.4% to settle at $6.78.
  • Eqonex Limited (NASDAQ: EQOS) fell 13% to close at $0.5611.
  • MicroStrategy Incorporated (NASDAQ: MSTR) fell 12.8% to close at $283.00 amid a decline in Bitcoin and Ethereum prices.
  • Riot Blockchain, Inc. (NASDAQ: RIOT) fell 12.4% to close at $7.25 amid a decline in Bitcoin and Ethereum prices.
  • Reunion Neuroscience Inc. (NASDAQ: REUN) fell 11.9% to close at $3.63.
  • Coinbase (NASDAQ:COIN) Global, Inc. (NASDAQ: COIN) dipped 11.3% to close at $74.06. Shares of crypto-related stocks traded lower amid a drop in Bitcoin and Ethereum prices.
  • Belite Bio, Inc (NASDAQ: BLTE) fell 11% to close at $22.57. Belite Bio recently reported first half 2022 operational highlights and financial results.
  • Pacific Biosciences of California, Inc. (NASDAQ: PACB) fell 10.7% to close at $6.40.
  • Bumble Inc. (NASDAQ: BMBL) fell 10.1% to close at $28.26.
  • Edible Garden AG Incorporated (NASDAQ: EDBL) fell 9% to close at $1.22.
  • GameStop Corp . (NYSE: NYSE:GME) fell 3.8% to close at $36.49 after dropping more than 6% on Thursday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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