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Why Is Canoo Surging By 80%? 52 Stocks Moving In Tuesday's Mid-Day Session

Published 12/07/2022, 17:00
Updated 12/07/2022, 17:40
© Reuters.  Why Is Canoo Surging By 80%? 52 Stocks Moving In Tuesday's Mid-Day Session

Gainers

  • Canoo Inc. (NASDAQ: GOEV) shares jumped 79.9% to $4.2627 after Walmart (NYSE:WMT) signed a definitive agreement with the company to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle, with the option to purchase up to 10,000 units.
  • Histogen Inc. (NASDAQ: HSTO) gained 38.8% to $4.0950 after gaining around 12% on Monday. The company, last month, announced a 1-for-20 reverse stock split.
  • Hoth Therapeutics, Inc. (NASDAQ: HOTH) surged 36.7% to $0.56 as the company said HT-ALZ therapeutic showed cognitive improvements in Alzheimer's disease mouse model.
  • Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) rose 36.8% to $11.85.
  • Greenwich LifeSciences, Inc. (NASDAQ: GLSI) shares gained 28.3% to $11.06. The FDA has removed the clinical hold on Greenwich LifeSciences’ Flamingo-01 Phase 3 trial of GP2, immunotherapy to prevent breast cancer recurrences.
  • Versus Systems Inc. (NASDAQ: VS) climbed 23.3% to $0.5797. Versus Systems, last month, received NASDAQ notification regarding minimum bid price deficiency.
  • Cosmos Holdings Inc. (NASDAQ: COSM) jumped 23% to $0.5150. Cosmos Holdings said its subsidiary, Decahedron Ltd., has been granted full membership to the PAGB, a UK-based consumer healthcare association.
  • Rhythm Pharmaceuticals, Inc. (NASDAQ: RYTM) gained 20.3% to $5.64 after the company announced positive interim results from a Phase 2 clinical trial evaluating setmelanotide for the treatment of severe obesity and hyperphagia in people living with hypothalamic obesity.
  • Kaspien Holdings Inc. (NASDAQ: KSPN) climbed 20% to $8.14 after jumping around 162% on Monday.
  • Indonesia Energy Corporation Limited (NYSE: INDO) gained 20% to $6.97 after the company announced it has discovered a potential natural gas bearing reservoir while drilling the Kruh-28 well.
  • Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT) gained 19.2% to $3.2194. Blue Hat Interactive Entertainment Technology reported a registered direct offering of ordinary shares.
  • Akanda Corp. (NASDAQ: AKAN) gained 18.5% to $0.9300 after the company announced it will supply Tetra Bio-Pharma with pharmaceutical-grade cannabis for FDA trials of QIXLEEF.
  • Herbalife (NYSE:HLF) Nutrition Ltd. (NYSE: HLF) rose 16% to $22.85 after Jefferies upgraded the stock from Hold to Buy.
  • NuCana plc (NASDAQ: NCNA) gained 15% to $0.92. Regional Court of Dusseldorf has ruled in favor of NuCana, stating that Gilead Sciences (NASDAQ:GILD) Ireland UC and Gilead Sciences GmbH infringed NuCana's composition of matter claims in European Patent 2955190 through their sales of Sovaldi, Harvoni, Vosevi and Epclusa in Germany.
  • Versus Systems Inc. (NASDAQ: VS) jumped 13.7% to $0.5348.
  • SIGNA Sports United N.V. (NYSE: SSU) surged 13.5% to $5.59.
  • InMode Ltd. (NASDAQ: INMD) gained 13.2% to $26.20 after the company issued Q2 EPS and sales guidance above analyst estimates. The company also raised its FY22 sales guidance above estimates.
  • Lion Group Holding Ltd. (NASDAQ: LGHL) rose 9.8% to $1.4492.
  • Target (NYSE:TGT) Hospitality Corp. (NASDAQ: TH) gained 9.5% to $9.93.
  • American Airlines Group Inc. (NASDAQ: NASDAQ:AAL) jumped 9.3% to $14.68 after the company said it expects Q2 revenue up 12% from 2019 levels.
  • Minim, Inc. (NASDAQ: MINM) gained 8.4% to $0.4050
  • Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 7.4% to $1.0850. Westport Fuel Systems was awarded €38 million program to supply LPG fuel systems to a global OEM.
  • United Airlines Holdings, Inc. (NASDAQ: UAL) gained 6.8% to $37.76. Susquehanna maintained United Airlines Holdings with a Positive and lowered the price target from $60 to $43.
  • Novo Integrated Sciences, Inc. (NASDAQ: NVOS) rose 6.7% to $2.0164. The company said it sees Q3 preliminary unaudited revenue to be in the range of $13.4 million to $13.9 million, a surge of around 463% to 484% year-over-year.
  • Hawaiian Holdings, Inc. (NASDAQ: HA) gained 6.4% to $15.04. Susquehanna maintained Hawaiian Holdings with a Neutral and lowered the price target from $17 to $16.
  • The Boeing Company (NYSE: NYSE:BA) gained 5.1% to $143.99.
Losers
  • United Maritime Corporation (NASDAQ: USEA) shares dipped 29% to $5.03.
  • New Gold Inc. (NYSE: NYSE:NGD) dropped 27% to $0.6998 after the company cut its 2022 gold and copper production expectations.
  • VOXX International Corporation (NASDAQ: VOXX) shares fell 22.4% to $7.07 after the company posted a loss for the first quarter.
  • SKYX Platforms Corp. (NASDAQ: SKYX) dipped 20.6% to $2.2611
  • Gaucho Group Holdings, Inc. (NASDAQ: VINO) dropped 18.1% to $0.4502.
  • E2open Parent Holdings, Inc. (NYSE: ETWO) fell 16.8% to $6.26 after the company reported financial results for its fiscal first quarter ended May 31, 2022.
  • MMTec, Inc. (NASDAQ: MTC) fell 16.2% to $0.1926. MMTEC, announced a 1-for-10 reverse stock split, effective July 13.
  • Iterum Therapeutics plc (NASDAQ: ITRM) shares fell 14.7% to $0.2871. Iterum Therapeutics shares jumped 40% on Monday after the company announced that it has reached an agreement with the FDA under the special protocol assessment process on the design, endpoints and statistical analysis of a Phase 3 clinical trial for oral sulopenem etzadroxil-probenecid to begin in Q4.
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) dropped 14.5% to $5.09.
  • COMSovereign Holding Corp. (NASDAQ: COMS) fell 13.5% to $0.1868.
  • Inpixon (NASDAQ: INPX) fell 13.3% to $0.1691 after gaining more than 6% on Monday.
  • Pliant Therapeutics, Inc. (NASDAQ: PLRX) dropped 13.1% to $20.00. Pliant Therapeutics commenced an underwritten public offering of $150 million.
  • Stealth BioTherapeutics Corp (NASDAQ: MITO) fell 12.4% to $0.2031 after the company announced receipt of non-compliance notice from NASDAQ.
  • ServiceNow, Inc. (NYSE: NOW) dropped 12% to $431.52.
  • ProMIS Neurosciences, Inc. (NASDAQ: PMN) fell 12% to $7.00.
  • Assertio Holdings, Inc. (NASDAQ: ASRT) dropped 11.4% to $2.87.
  • Can-Fite BioPharma Ltd. (NYSE: CANF) dropped 11.1% to $0.8981.
  • MultiPlan Corporation (NYSE: MPLN) declined 11% to $4.8850. Goldman Sachs (NYSE:GS) initiated coverage on MultiPlan with a Neutral rating and announced a price target of $6.5.
  • Waitr Holdings Inc. (NASDAQ: WTRH) fell 10.8% to $0.3656 after jumping 17% on Monday. Waitr recently announced a new partnership with Burq to allow deliveries from several new retail industries.
  • Forte Biosciences, Inc. (NASDAQ: FBRX) dropped 9.8% to $1.38.
  • Stealth BioTherapeutics Corp (NASDAQ: MITO) declined 9.5% to $0.2099. Stealth BioTherapeutics recently announced it received a preliminary non-binding proposal letter from Morningside Venture (I) Investments to acquire the company in a going-private transaction.
  • Atlassian Corporation Plc (NASDAQ: TEAM) dropped 9% to $192.09.
  • Enphase Energy, Inc. (NASDAQ: ENPH) dipped 7.8% to $189.92.
  • PriceSmart , Inc. (NASDAQ: NASDAQ:PSMT) shares fell 7.7% to $66.98 as the company reported downbeat earnings for its third quarter.
  • Kiromic BioPharma, Inc. (NASDAQ: KRBP) fell 5.5% to $0.4464 after dipping 16% on Monday. Kiromic BioPharma recently announced the timely completion of construction on its expanded current good manufacturing practice manufacturing facility in Houston.
  • The Gap, Inc. (NYSE: GPS) shares fell 4.6% to $8.35 after the company announced a CEO transition and updated its second-quarter guidance. Gap announced that its president and CEO Sonia Syngal will step down from her position. The company also said that it expects second-quarter net sales to decline in approximately the high-single digit range, which is "relatively in line" with prior expectations.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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