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Why Merrimack Pharmaceuticals Shares Jumped Around 213%; Here Are 114 Biggest Movers From Yesterday

Published 10/11/2022, 10:12
Updated 10/11/2022, 11:40
© Reuters.  Why Merrimack Pharmaceuticals Shares Jumped Around 213%; Here Are 114 Biggest Movers From Yesterday

Benzinga - Gainers

  • Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) shares climbed 212.8% to close at $12.51 on Wednesday after partner Ipsen reported Onivyde met its primary and key secondary endpoint. Merrimack is eligible for up to $450 million in milestone payments for the pancreatic cancer treatment.
  • Outset Medical, Inc. (NASDAQ: OM) jumped 29.9% to close at $14.90 after the company reported better-than-expected Q3 results.
  • NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) shares gained 29.6% to close at $1.62. NeuroBo reported closing of $32.3 million underwritten public offering including full exercise of overallotment option and concurrent private placement.
  • Riskified (NYSE:RSKD) Ltd. (NYSE: RSKD) rose 24.9% to close at $5.11 after the company reported better-than-expected Q3 adjusted EPS and sales results and raised FY22 sales guidance.
  • Health Catalyst, Inc. (NASDAQ: HCAT) jumped 23.3% to close at $7.98 after the company reported better-than-expected Q3 EPS and sales results. The company also issued FY22 sales guidance above analyst estimates.
  • Kala Pharmaceuticals, Inc. (NASDAQ: KALA) shares climbed 22.8% to close at $6.41. On Tuesday, Kala Pharmaceuticals said it swung to a profit for the third quarter.
  • Quotient Technology Inc. (NYSE: QUOT) climbed 22.8% to close at $3.23 after the company reported a narrower Q3 loss.
  • OptimizeRx Corporation (NASDAQ: OPRX) gained 22.4% to close at $17.77 following better-than-expected Q3 results.
  • Vivint Smart Home, Inc. (NYSE: VVNT) gained 20.6% to settle at $8.44 after the company posted upbeat quarterly sales and raised FY22 revenue guidance.
  • Berkeley Lights, Inc. (NASDAQ: BLI) rose 20.2% to close at $3.09 following Q3 results.
  • GlycoMimetics, Inc. (NASDAQ: GLYC) jumped 19.3% to close at $0.8202 following a narrower-than-expected Q3 loss.
  • LiveRamp Holdings, Inc. (NYSE: RAMP) rose 17.1% to close at $18.29 after the company reported better-than-expected Q2 results and issued strong guidance.
  • Axon Enterprise, Inc. (NASDAQ: AXON) gained 14.6% to close at $171.84 after the company reported better-than-expected Q3 results.
  • GrowGeneration Corp. (NASDAQ: GRWG) rose 14.5% to close at $5.12. GrowGeneration recently reported better-than-expected Q3 sales.
  • Array Technologies, Inc. (NASDAQ: ARRY) climbed 13.5% to close at $19.27 after the company reported better-than-expected Q3 results and issued strong guidance.
  • A-Mark Precious Metals, Inc. (NASDAQ: AMRK) climbed 13.3% to close at $31.71 after the company reported better-than-expected Q1 results.
  • Value Line, Inc. (NASDAQ: VALU) gained 13.1% to close at $63.24.
  • Radius Global Infrastructure, Inc. (NASDAQ: RADI) surged 12.3% to close at $9.65 following upbeat Q3 earnings.
  • Sprouts Farmers Market, Inc. (NASDAQ: SFM) jumped 12.2% to close at $32.16 after the company reported better-than-expected Q3 results and issued guidance above estimates.
  • Cricut, Inc. (NASDAQ: CRCT) gained 11.4% to close at $9.43 after posting strong quarterly sales.
  • MRC Global Inc. (NYSE: MRC) climbed 10.9% to close at $10.81 following strong quarterly results.
  • Gold Fields Limited (NYSE: GFI) gained 10.9% to close at $10.92.
  • Target (NYSE:TGT) Hospitality Corp. (NASDAQ: TH) climbed 10.8% to close at $12.15 after the company reported Q3 EPS results were higher year over year and better-than-expected Q3 sales results. The company authorized up to $100 million in a stock repurchase program.
  • Kuke Music Holding Limited (NYSE: KUKE) rose 10.6% to close at $0.52.
  • Histogen Inc. (NASDAQ: HSTO) gained 10.5% to close at $1.10.
  • Ziff Davis, Inc. (NASDAQ: ZD) gained 10.1% to close at $81.31 following strong quarterly earnings.
  • TPG Inc. (NASDAQ: TPG) rose 9.4% to settle at $35.43 following Q3 earnings.
  • Forestar Group Inc. (NYSE: FOR) gained 9% to close at $12.64 following upbeat Q4 results.
  • Korea Electric Power Corporation (NYSE: KEP) rose 8.6% to close at $6.79.
  • HCI Group, Inc. (NYSE: HCI) gained 8.1% to close at $37.40 after reporting a narrower-than-expected quarterly loss.
  • Coherent Corp. (NASDAQ: COHR) rose 7.6% to close at $32.21 after the company reported better-than-expected Q1 results.
  • XP Inc. (NASDAQ: XP) gained 7.4% to close at $19.70 after the company reported Q3 financial results.
  • Angi Inc. (NASDAQ: ANGI) gained 7.3% to close at $2.05 following Q3 earnings.
  • Hilton Grand Vacations Inc. (NYSE: HGV) gained 7.1% to close at $40.19 after the company reported better-than-expected Q3 results and raised FY22 EBITDA guidance.
  • Shoals Technologies Group, Inc. (NASDAQ: SHLS) rose 6.5% to close at $20.95.
  • Seer, Inc. (NASDAQ: SEER) rose 5.6% to close at $6.79 after reporting upbeat quarterly results.
  • Meta Platforms, Inc. (NASDAQ: META) gained 5.2% to close at $101.47 after the company announced a planned layoff of 11,000 employees and affirmed Q4 revenue guidance.
  • D.R. Horton, Inc. (NYSE: DHI) rose 3% to close at $75.44 after the company reported Q4 earnings results.
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Losers

  • Clovis Oncology, Inc. (NASDAQ: CLVS) dipped 71.6% to close at $0.2781 on Wednesday after the company warned of a possible bankruptcy amid liquidity concerns. The company also reported Q3 earnings results.
  • Telos Corporation (NASDAQ: TLS) shares fell 68.8% to close at $3.44 after the company reported downbeat Q3 earnings and lowered FY22 sales guidance.
  • Athersys, Inc. (NASDAQ: ATHX) declined 56.5% to close at $0.5575 after the company announced pricing of a $5.5 million public offering.
  • Golden Sun Education Group Limited (NASDAQ: GSUN) declined 51.6% to close at $5.97.
  • Timber Pharmaceuticals, Inc. (NASDAQ: TMBR) dropped 48.2% to close at $1.53 following 1-for-50 reverse stock split.
  • Amyris, Inc. (NASDAQ: AMRS) declined 41.5% to settle at $1.5150 after the company reported worse-than-expected Q3 results.
  • Fast Radius, Inc. (NASDAQ: FSRD) dipped 40.5% to close at $0.1018. Fast Radius filed voluntary petitions for relief under Chapter 11.
  • Agrify Corporation (NASDAQ: AGFY) fell 37.8% to close at $0.8768 after the company reported Q3 EPS and sales results were down year over year.
  • WeTrade Group, Inc. (NASDAQ: WETG) dropped 36.1% to close at $0.78.
  • Chart Industries, Inc. (NYSE: GTLS) fell 35.6% to close at $154.31 after the company announced it will acquire Howden for $4.4 billion in cash and stock.
  • Velo3D, Inc. (NYSE: VLD) shares dropped 35.2% to close at $2.19 after the company reported worse-than-expected Q3 results.
  • Emergent BioSolutions Inc. (NYSE: EBS) fell 34.9% to close at $12.85 after the company reported worse-than-expected Q3 EPS and sales results.
  • Porch Group, Inc. (NASDAQ: PRCH) fell 34.3% to close at $0.9461 following Q3 results.
  • Wolverine World Wide, Inc. (NYSE: WWW) dropped 34.2% to close at $11.87 after the company posted downbeat Q3 results and lowered FY22 forecast.
  • RumbleON, Inc. (NASDAQ: RMBL) fell 33.9% to settle at $10.36 after the company posted downbeat quarterly earnings and lowered sales guidance.
  • Huadi International Group Co., Ltd. (NASDAQ: HUDI) dropped 33.3% to close at $8.65.
  • Centrus Energy Corp. (NYSE: LEU) declined 31.4% to close at $30.91 after the company reported worse-than-expected Q3 EPS and sales results.
  • Peak Bio, Inc. (NASDAQ: PKBO) fell 31.3% to close at $4.11 after dipping 19% on Tuesday.
  • EpicQuest Education Group International Limited (NASDAQ: EEIQ) fell 31.3% to close at $1.03.
  • Trevena, Inc. (NASDAQ: TRVN) dipped 30.7% to close at $0.1221 after the company posted Q3 results and announced a 1-for-25 reverse stock split.
  • Arlo Technologies, Inc. (NYSE: ARLO) fell 29.9% to close at $3.28 after the company reported Q3 financial results.
  • Rigetti Computing, Inc. (NASDAQ: RGTI) dropped 29.3% to close at $1.11.
  • Ascent Industries Co. (NASDAQ: ACNT) fell 28.9% to close at $10.65 after reporting a drop in quarterly earnings.
  • LifeStance Health Group, Inc. (NASDAQ: LFST) declined 28.9% to settle at $5.09 after the company issued Q4 and FY22 guidance below estimates.
  • Horizon Global Corporation (NYSE: HZN) dipped 25.8% to settle at $0.4999 after posting a wider quarterly loss.
  • NeuBase Therapeutics, Inc. (NASDAQ: NBSE) fell 25.6% to close at $0.19.
  • Heliogen, Inc. (NASDAQ: HLGN) fell 25.4% to close at $1.00.
  • Forza X1, Inc. (NASDAQ: FRZA) dropped 25.4% to close at $1.56.
  • Conformis, Inc. (NASDAQ: CFMS) fell 24.3% to settle at $0.0741. Conformis posted a Q3 loss of $0.08 per share.
  • Shift Technologies, Inc. (NASDAQ: SFT) dipped 23.8% to close at $0.3524 after reporting a Q3 loss.
  • Eastman Kodak Company (NYSE: KODK) dropped 23.6% to close at $4.35.
  • Oscar Health, Inc. (NYSE: OSCR) fell 23.5% to close at $2.35 following weak quarterly earnings.
  • Electra Battery Materials Corporation (NASDAQ: ELBM) shares declined 23.5% to close at $2.3499 after the company announced a marketed offering of units for proceeds of up to approximately $8 million.
  • Vericel Corporation (NASDAQ: VCEL) dipped 23.4% to close at $17.65 after the company reported worse-than-expected Q3 EPS and sales results and lowered FY22 sales guidance.
  • Zovio Inc (NASDAQ: ZVO) fell 22.7% to close at $0.0928.
  • Affirm Holdings, Inc. (NASDAQ: AFRM) fell 22.6% to close at $12.10 after the company reported weaker-than-expected Q1 earnings and issued FY23 sales guidance below analyst estimates.
  • GoodRx Holdings, Inc. (NASDAQ: GDRX) dropped 22.5% to close at $4.06 after the company issued Q4 sales guidance below analyst estimates.
  • Zentalis Pharmaceuticals, Inc. (NASDAQ: ZNTL) fell 22% to close at $18.39. Zentalis Pharmaceuticals posted a Q3 loss of $0.96 per share.
  • The Beauty Health Company (NASDAQ: SKIN) dipped 21.1% to close at $8.44 after the company reported Q3 earnings results. JP Morgan downgraded Beauty Health from Overweight to Neutral and lowered the price target from $22 to $11.
  • Roblox Corporation (NYSE: RBLX) fell 21% to close at $30.92 after the company reported worse-than-expected Q3 EPS and sales results.
  • Sweetgreen, Inc. (NYSE: SG) fell 20.9% to close at $13.70 after the company reported worse-than-expected Q3 EPS and sales results.
  • Atara Biotherapeutics, Inc. (NASDAQ: ATRA) fell 20.8% to close at $3.88 after the company reported worse-than-expected Q3 EPS and sales results.
  • Digihost Technology Inc. (NASDAQ: DGHI) dropped 20% to close at $0.60.
  • Allego N.V. (NYSE: ALLG) fell 19.9% to close at $2.33.
  • Alector, Inc. (NASDAQ: ALEC) fell 19.8% to close at $6.88 after the company reported Q3 EPS and sales results were lower year over year.
  • Digital World Acquisition Corp. (NASDAQ: DWAC) fell 19.7% to close at $22.55, possibly selling-off following recent strength amid reports suggesting Donald Trump could announce a 2024 presidential run.
  • MicroStrategy Incorporated (NASDAQ: MSTR) dropped 19.6% to close at $170.36. Shares of several crypto-related companies traded lower following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.
  • Viasat, Inc. (NASDAQ: VSAT) fell 19.3% to close at $29.68 after the company reported worse-than-expected Q2 results.
  • Gevo, Inc. (NASDAQ: GEVO) fell 18.8% to close at $1.81 following weak quarterly results.
  • AMC Entertainment Holdings, Inc. (NYSE: APE) dropped 18.8% to close at $1.30. AMC Entertainment Holdings reported third quarter financial results after the market close Tuesday.
  • Lyell Immunopharma, Inc. (NASDAQ: LYEL) fell 18.6% to close at $4.46 following Q3 results.
  • Banco Bradesco S.A. (NYSE: BBD) dropped 18.6% to close at $2.94. B of A Securities downgraded Bank Bradesco from Buy to Neutral.
  • W&T Offshore, Inc. (NYSE: WTI) fell 18.5% to close at $7.07 on weak quarterly earnings.
  • PLAYSTUDIOS, Inc. (NASDAQ: MYPS) dropped 18.5% to close at $3.71 following Q3 results.
  • Lucid Group, Inc. (NASDAQ: LCID) dipped 17% to close at $11.21 after the company reported downbeat Q3 results.
  • Skillz Inc. (NYSE: SKLZ) fell 16.8% to close at $0.9061.
  • Sterling Check Corp. (NASDAQ: STER) fell 16.8% to close at $12.26 after the company reported worse-than-expected Q3 adjusted EPS results and lowered FY22 sales guidance.
  • Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) fell 16.4% to close at $20.02 following Q3 results.
  • Rayonier Advanced Materials Inc. (NYSE: RYAM) dipped 16.4% to close at $6.20. Rayonier Advanced Materials recently reported better-than-expected Q3 results.
  • OPKO Health, Inc. (NASDAQ: OPK) dropped 16.2% to close at $1.55 after the company reported worse-than-expected Q3 EPS and sales results.
  • Absolute Software Corporation (NASDAQ: ABST) fell 15.9% to close at $8.79 following weaker-than-expected Q1 results.
  • Albireo Pharma, Inc. (NASDAQ: ALBO) fell 15.4% to close at $18.75 following wider-than-expected Q3 loss.
  • DXP Enterprises, Inc. (NASDAQ: DXPE) dropped 14.2% to close at $25.83 following Q3 results.
  • TaskUs, Inc. (NASDAQ: TASK) fell 14% to close at $18.92.
  • Robinhood (NASDAQ:HOOD) Markets, Inc. (NASDAQ: HOOD) fell 13.8% to close at $8.40. Shares of several crypto-related companies traded lower following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.
  • The Walt Disney Company (NYSE: NYSE:DIS) fell 13.2% to close at $86.75 after the company reported weaker-than-expected results for its fourth quarter. The company also said average monthly revenue per paid global Disney+ subscriber declined 5% year over year.
  • Darling Ingredients Inc. (NYSE: DAR) dropped 13% to close at $70.94 after the company reported worse-than-expected Q3 EPS results.
  • Evotec SE (NASDAQ: EVO) shares fell 12.9% to close at $8.54 after the company reported financial results and corporate updates for the first nine months 2022.
  • Helbiz, Inc. (NASDAQ: HLBZ) shares fell 12.3% to close at $0.1688 after dropping around 8% on Tuesday.
  • RadNet, Inc. (NASDAQ: RDNT) dropped 11.2% to close at $15.17 following weak quarterly earnings.
  • Upstart (NASDAQ:UPST) Holdings, Inc. (NASDAQ: UPST) shares fell 10.4% to close at $17.06 after the company reported worse-than-expected Q3 results. The company also issued Q4 sales guidance below analyst estimates.
  • AerSale Corporation (NASDAQ: ASLE) declined 9.7% to close at $17.15 after the company reported worse-than-expected Q3 EPS and sales results.
  • Zoom Video Communications, Inc. (NASDAQ: ZM) dropped 8.3% to close at $71.84.
  • GameStop Corp . (NYSE: NYSE:GME) fell 8.1% to close at $23.11.
  • CarGurus, Inc. (NASDAQ: CARG) shares declined 7.9% to close at $12.67 after the company reported worse-than-expected Q3 results. The company also issued Q4 and FY22 EPS and sales guidance below analyst estimates.
  • Tidewater Inc. (NYSE: TDW) fell 6.8% to close at $31.04 after the company reported pricing of $120.63 million public offering of 3,987,914 shares of common stock at a price of $30.25 per share.
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