Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Why iBio Shares Are Trading Lower By Around 48%; Here Are 23 Stocks Moving Premarket

Published 07/12/2022, 12:41
Updated 07/12/2022, 14:10
© Reuters.  Why iBio Shares Are Trading Lower By Around 48%; Here Are 23 Stocks Moving Premarket

© Reuters. Why iBio Shares Are Trading Lower By Around 48%; Here Are 23 Stocks Moving Premarket

Benzinga - Gainers

  • TransCode Therapeutics, Inc. (NASDAQ: RNAZ) shares rose 71.3% to $0.7190 in pre-market trading after the company reported withdrawal of registration statement.
  • The Very Good Food Company Inc. (NASDAQ: VGFC) shares rose 37% to $0.1096 in pre-market trading after droping 17% on Tuesday. Very Good Food recently said it plans to launch its products at Albertsons Companies grocery stores across the U.S.
  • MongoDB, Inc. (NASDAQ: MDB) rose 26.9% to $183.59 in pre-market trading after the company reported better-than-expected sales results. The company also issued Q4 and FY23 EPS and sales guidance above analyst estimates.
  • Scopus BioPharma Inc. (NASDAQ: SCPS) shares rose 19.2% to $0.24 in pre-market trading after dropping around 5% on Tuesday.
  • Meta Materials Inc. (NASDAQ: MMAT) rose 14.9% to $2.24 in pre-market trading after climbing 14% on Tuesday.
  • uCloudlink Group Inc. (NASDAQ: UCL) rose 9% to $3.77 in pre-market trading. UCLOUDLINK recently signed a Memorandum of Understanding with Singapore EV provider Apollo EV to provide high-quality in-vehicle network connectivity solutions.
  • Edgio, Inc. (NASDAQ: EGIO) rose 8% to $1.500 in pre-market trading after dropping 4% on Tuesday. Edgio, last month, reported worse-than-expected Q3 sales results and issued Q4 sales guidance below analyst estimates..
  • KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) rose 7.8% to $15.39 in pre-market trading after declining over 4% on Tuesday.
  • E-Home Household Service Holdings Limited (NASDAQ: EJH) rose 7.7% to $0.5480 in pre-market trading after dropping over 5% on Tuesday.
  • ESS Tech, Inc. (NYSE: GWH) rose 7.7% to $3.08 in pre-market trading after dropping over 13% on Tuesday.
Don’t forget to check out our premarket coverage here .

Losers

  • iBio, Inc. (NYSE: IBIO) fell 47.5% to $0.8367 in pre-market trading after the company reported pricing of $3.5 million underwritten public offering of 3,365,385 shares at $1.04 per share.
  • Versus Systems Inc. (NASDAQ: VS) fell 38.6% to $0.9139 in pre-market trading. Versus Systems recently regained compliance with Nasdaq Minimum Bid Price Requirement.
  • Winc, Inc. (NYSE: WBEV) shares fell 29.1% to $0.2482 in pre-market trading after dropping over 15% on Tuesday.
  • X4 Pharmaceuticals, Inc. (NASDAQ: XFOR) shares fell 15% to $1.02 in pre-market trading after the company reported a proposed public offering.
  • Cosmos Holdings Inc. (NASDAQ: COSM) shares fell 12.6% to $0.4109 in pre-market trading after dipping 17% on Tuesday.
  • Fangdd Network Group Ltd. (NASDAQ: DUO) fell 12.6% to $1.10 in pre-market trading after dropping more than 7% on Tuesday.
  • Tuya Inc. (NYSE: TUYA) shares fell 12.4% to $1.34 in pre-market trading after gaining around 12% on Tuesday.
  • Vallon Pharmaceuticals, Inc. (NASDAQ: VLON) fell 12.1% to $0.2050 in pre-market trading.
  • Equillium, Inc. (NASDAQ: EQ) fell 9.5% to $1.50 in pre-market trading. Equillium announced an option and asset purchase agreement through which Ono Pharmaceutical Co Ltd gains the exclusive option to purchase Equillium's rights to itolizumab.
  • Castor Maritime Inc. (NASDAQ: CTRM) fell 9% to $1.42 in pre-market trading.
  • Niu Technologies (NASDAQ: NIU) fell 8.5% to $4.62 in pre-market trading after surging around 15% on Tuesday. Niu Technologies recently reported worse-than-expected Q3 EPS results.
  • GDS Holdings Limited (NYSE: GDS) fell 7.8% to $16.80 in pre-market trading.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) fell 7.1% to $3.03 in pre-market trading.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.