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Why Li Auto Shares Are Trading Higher By Around 7%? Here Are Other Stocks Moving In Monday's Session

Published 03/07/2023, 17:52
Updated 03/07/2023, 19:10
© Reuters.  Why Li Auto Shares Are Trading Higher By Around 7%? Here Are Other Stocks Moving In Monday's Session

Benzinga - Gainers

  • PolyMet Mining Corp. (NYSE: PLM) shares surged 144% to $1.92 after the company announced Glencore made a non-binding proposal to acquire the company for $2.11 per share.
  • Fresh Vine Wine, Inc. (NYSE: VINE) gained 70.1% to $0.3845. Fresh Vine Wine recently announced the appointment of Hitesh Dheri as Chief Financial Officer and Secretary.
  • Advanced Health Intelligence Ltd. (NASDAQ: AHI) shares jumped 65.1% to $6.32. Advanced Health Intelligence recently announced the implementation of an ADS ratio change.
  • SQZ Biotechnologies Company (NYSE: SQZ) shares gained 46.1% to $0.3944 after declining 11% on Friday.
  • IMAC Holdings, Inc. (NASDAQ: BACK) shares jumped 38.6% to $0.1524. Theralink recently signed definitive merger agreement to be acquired by IMAC Holdings.
  • Canopy Growth Corporation (NASDAQ: CGC) gained 37% to $0.5337. Canopy Growth said that all conversions pursuant to the $100 million senior unsecured convertible debentures, sold to an institutional investor in February 2023, have been completed.
  • Ensysce Biosciences, Inc. (NASDAQ: ENSC) gained 30.6% to $2.39. HC Wainwright & Co. initiated coverage on Ensysce Biosciences with a Buy rating and announced a price target of $9.
  • Spark Networks SE (NASDAQ: LOV) rose 26.1% to $0.3974.
  • Nemaura Medical Inc. (NASDAQ: NMRD) surged 24.6% to $1.16.
  • Ventyx Biosciences, Inc. (NASDAQ: VTYX) gained 17.6% to $38.56.
  • Journey Medical Corporation (NASDAQ: DERM) jumped 17.6% to $1.87. Journey Medical expects topline results from the Phase 3 clinical trials evaluating DFD-2 for the treatment of papulopustular rosacea to be announced week of July 10, 2023.
  • ACM Research, Inc. (NASDAQ: ACMR) shares climbed 17% to $15.30 after Jefferies upgraded its rating from Underperform to Buy and raised the price target from $9 to $23.4.
  • Micromobility.com Inc. (NASDAQ: MCOM) shares gained 16.2% to $0.1312. micromobility.com recently reported a strategic realignment to strengthen its financial position and drive profitability.
  • Dolphin Entertainment, Inc. (NASDAQ: DLPN) rose 16% to $1.9953.
  • Ideanomics, Inc. (NASDAQ: IDEX) jumped 15.4% to $0.0860.
  • Rivian Automotive, Inc. (NASDAQ: RIVN) gained 14% to $19.00 after the company reported second-quarter production figures.
  • ETAO International Co., Ltd. (NASDAQ: ETAO) jumped 13.5% to $0.7174.
  • Coinbase Global, Inc. (NASDAQ: COIN) gained 11.2% to $79.65.
  • CleanSpark, Inc. (NASDAQ: CLSK) rose 10.9% to $4.76 as the company released June 2023 Bitcoin mining update.
  • Opera Limited (NASDAQ: OPRA) climbed 9.7% to $21.81.
  • Peloton Interactive, Inc. (NASDAQ: PTON) rose 9.6% to $8.43.
  • Studio City International Holdings Limited (NYSE: MSC) gained 8.1% to $7.50.
  • XPeng Inc. (NYSE: XPEV) gained 7.7% to $14.42 after the company announced a significant increase in vehicle deliveries for June and the second quarter of 2023.
  • Tesla, Inc. (NASDAQ: TSLA) jumped 7.6% to $281.88 after the company reported record deliveries numbers for the second quarter. The company’s quarterly deliveries came in at 466,140 units, compared to the company-compiled estimate of 446,823 units and the FactSet-compiled estimate of 445,000 units.
  • Li Auto Inc. (NASDAQ: LI) shares gained 6.8% to $37.50 as the company reported 32,575 deliveries in June, representing a 150.1% year-over-year surge. The company’s second-quarter deliveries jumped 201.6% year-over-year to 86,533.
  • Fidelity National Information Services, Inc. (NYSE: FIS) shares climbed 5.4% to $57.64 following a report suggesting PE firms are seeking to take a majority stake in the company's Worldpay unit.
  • NIO Inc. (NYSE: NIO) gained 5.1% to $10.19 as the company reported 10,707 deliveries in June, representing a 17.4% slump year-over-year. However, the figures were 74% higher versus the delivery numbers reported for May. For the second quarter, Nio delivered 23,520 vehicles.
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Losers
  • Atento S.A. (NYSE: ATTO) shares fell 54% to $0.4599 as the company entered into a restructuring support agreement with certain key financial stakeholders.
  • Tattooed Chef, Inc. (NASDAQ: TTCF) dropped 46.8% to $5.64 after the company said that it intends to file for voluntary Chapter 11 Bankruptcy protection.
  • Protagonist Therapeutics, Inc. (NASDAQ: PTGX) shares fell 36.4% to $17.60.
  • 22nd Century Group, Inc. (NASDAQ: XXII) dropped 23.5% to $0.2925 after the company announced a 1-for-15 reverse stock split.
  • VBI Vaccines Inc. (NASDAQ: VBIV) fell 20% to $2.6320. VBI Vaccines shares surged 75% on Friday after the company announced a $25.35 million contract from the Department of Health and Human Services.
  • INVO Bioscience, Inc. (NASDAQ: INVO) dropped 14.2% to $0.1750.
  • Addentax Group Corp. (NASDAQ: ATXG) fell 14.2% to $5.64. Addentax Group recently announced that it formed a cooperation leading certain Games-as-a-Service firms to launch a project focusing on the development of AI Online Operational Tools.
  • Bluejay Diagnostics, Inc. (NASDAQ: BJDX) fell 12.9% to $0.2348 after jumping 30% on Friday.
  • TOP Financial Group Limited (NASDAQ: TOP) shares fell 12.4% to $8.23. TOP Financial shares gained over 20% on Friday after the company reported FY23 financial results.
  • Enochian Biosciences Inc. (NASDAQ: ENOB) fell 11.7% to $0.5003.
  • Allarity Therapeutics, Inc. (NASDAQ: ALLR) shares dropped 9.8% to $6.60. Allarity Therapeutics recently announced a reverse stock split of common stock.
  • Astrotech Corporation (NASDAQ: ASTC) dipped 9.4% to $12.85.
  • Trio Petroleum Corp. (NASDAQ: TPET) fell 9% to $1.52.
  • Gracell Biotechnologies Inc. (NASDAQ: GRCL) declined 8.8% to $3.4712.
  • Rackspace Technology, Inc. (NASDAQ: RXT) dropped 8.5% to $2.49.
  • Bright Health Group, Inc. (NASDAQ: BHG) shares dropped 7.8% to $11.27. Bright Health shares gained around 12% on Friday after the company agreed to sell its California Medicare advantage business, Brand New Day and Central Health plan to Molina Healthcare for $600 million.
  • AgeX Therapeutics, Inc. (NYSE: AGE) fell 7.1% to $0.83.
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Now Read This: This Analyst With 84% Accuracy Rate Sees Around 19% Upside In Amazon.com - Here Are 5 Stock Picks For June From Wall Street's Most Accurate Analysts

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