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

Why Nikola Dropped Over 9%; Here Are 66 Biggest Movers From Yesterday

Published 31/08/2022, 10:50
Updated 31/08/2022, 11:40
© Reuters.  Why Nikola Dropped Over 9%; Here Are 66 Biggest Movers From Yesterday

© Reuters. Why Nikola Dropped Over 9%; Here Are 66 Biggest Movers From Yesterday

Gainers

  • Mobile Global Esports Inc. (NASDAQ: MGAM) shares surged 103.9% to settle at $5.30 on Tuesday. Shares are in low-float territory; the issue has about 15 million shares in its float.
  • NewAge, Inc. (NASDAQ: NBEV) shares jumped 74.2% to close at $0.3632 on Tuesday.
  • IN8bio, Inc. (NASDAQ: INAB) surged 39.4% to settle at $2.76 after a Form 4 Filing showed Cavu Advisors purchased 51,214 shares at an average price of $2.02. HC Wainwright & Co. initiated coverage on IN8bio with a Buy rating and announced a price target of $14.
  • TMC the metals company Inc. (NASDAQ: TMC) jumped 33.3% to close at $1.12. The company recently posted a quarterly loss of $0.05 per share.
  • TDH Holdings, Inc. (NASDAQ: PETZ) rose 29.3% to settle at $4.81. The company recently announced it acquired all of the equity interest of Beijing Wenxin Company from Kargo Services.
  • Mercurity Fintech Holding Inc. (NASDAQ: MFH) gained 25.9% to close at $1.02.
  • OKYO Pharma Limited (NASDAQ: OKYO) gained 21.2% to close at $2.4361. OKYO Pharma plans Q4 IND filing of OK-101 to treat dry eye disease with subsequent Phase 2 initiation.
  • Forge Global Holdings, Inc. (NYSE: FRGE) rose 20.9% to close at $4.17.
  • Liquid Media Group Ltd. (NASDAQ: YVR) jumped 17.7% to settle at $0.4723 after the company reported Q2 sales results up year over year.
  • Blue Water Vaccines, Inc. (NASDAQ: BWV) shares gained 17.2% to close at $3.34 after a 13D Filing showed Cincinnati Cornerstone Investors reported a 22.9% stake in the company.
  • American Outdoor Brands, Inc. (NASDAQ: AOUT) jumped 17.1% to close at $9.10 after B. Riley upgraded the stock from Neutral to Buy and announced an $11 price target.
  • ECMOHO Limited (NASDAQ: MOHO) rose 16.7% to settle at $0.1715.
  • DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) jumped 16.7% to close at $10.76.
  • International Game Technology announced an agreement to settle legal proceedings related to Benson V. Double Down Interactive.
  • ABVC BioPharma, Inc. (NASDAQ: ABVC) gained 16% to close at $0.9524. ABVC BioPharma recently said Phase II Vitargus clinical trial received Local Ethics Committee approval in Thailand.
  • Hour Loop, Inc. (NASDAQ: HOUR) surged 15.2% to settle at $3.78.
  • Tuesday Morning Corporation (NASDAQ: TUEM) rose 14.5% to close at $0.3666.
  • Mega Matrix Corp. (NYSE: MTMT) gained 14.3% to close at $1.52.
  • Avid Technology, Inc. (NASDAQ: AVID) gained 12.1% to close at $27.04. Avid Technology will replace Plantronics in the S&P SmallCap 600 on Thursday, September 1.
  • Augmedix, Inc. (NASDAQ: AUGX) rose 12.1% to settle at $1.85. Augmedix recently posted Q2 sales of $7.33 million.
  • Big Lots, Inc. (NYSE: NYSE:BIG) surged 11.7% to close at $24.08 after the company reported a second-quarter FY22 sales decline of 7.6% year-on-year to $1.346 billion, marginally beating the consensus of $1.34 billion. Comparable sales decreased 9.2%.
  • 8x8, Inc. (NYSE: EGHT) fell 11.2% to close at $5.27.
  • American Woodmark Corporation (NASDAQ: AMWD) rose 10.5% to close at $52.44 after reporting better-than-expected Q1 results.
  • Virax Biolabs Group Limited (NASDAQ: VRAX) rose 7.9% to close at $3.54.
  • FaZe Holdings Inc. (NASDAQ: FAZE) rose 7.3% to close at $18.22.
  • Check-Cap Ltd. (NASDAQ: CHEK) gained 6.7% to close at $0.44 after gaining over 4% on Monday.
  • Getty Images Holdings, Inc. (NYSE: GETY) rose 6.4% to settle at $21.43.
  • Xometry, Inc. (NASDAQ: XMTR) gained 5.4% to settle at $51.08.

Losers

  • Amesite Inc. (NASDAQ: AMST) shares tumbled 51.5% to close at $0.4038 on Tuesday after the company announced a $2.3 million registered direct offering.
  • Baudax Bio, Inc. (NASDAQ: BXRX) shares dipped 43.1% to settle at $0.3105 after the company reported pricing of $6.2 million public offering.
  • Clarus Therapeutics Holdings, Inc. (NASDAQ: CRXT) fell 36.9% to close at $0.0990. Clarus Therapeutics shares dipped 23% on Monday after the company announced it has received a non-compliance letter from Nasdaq. The shares will be suspended on August 31st and will begin trading on the OTC Pink Market.
  • Liquidia Corporation (NASDAQ: LQDA) fell 30.4% to close at $5.38.
  • Advanced Human Imaging Limited (NASDAQ: AHI) fell 26.5% to close at $0.97. Advanced Human Imaging shares jumped 94% on Monday after the company announced it signed a Master Services Agreement with Activate Health OÜ.
  • Azure Power Global Limited (NYSE: AZRE) dropped 26.3% to close at $4.31 after Credit Suisse (SIX:CSGN) downgraded the stock from Outperform to Underperform and lowered its price target from $22 to $5.
  • The OLB Group, Inc. (NASDAQ: OLB) fell 25% to close at $1.50.
  • Sentage Holdings Inc. (NASDAQ: SNTG) shares fell 24.6% to close at $3.77 on possible profit taking after the stock surged Monday.
  • FiscalNote Holdings, Inc. (NYSE: NOTE) declined 24.4% to settle at $7.46. BTIG initiated coverage on FiscalNote Holdings with a Buy rating and announced a price target of $14.
  • AMTD Digital Inc. (NYSE: HKD) fell 24.2% to close at $105.00. Shares of technology companies traded lower amid overall market weakness as stocks continue to fall following last week's comments from Fed Chair Powell, which indicated the Fed will remain aggressive in its monetary policy stance to fight inflation.
  • Photronics, Inc. (NASDAQ: PLAB) fell 23.6% to close at $16.64. Photronics posted upbeat Q3 results, but issued weak outlook for the current quarter.
  • Bright Minds Biosciences Inc. (NASDAQ: DRUG) fell 23.1% to close at $2.27.
  • Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) fell 22.7% to close at $6.47 on profit-taking after the stock surged following its IPO.
  • Starbox Group Holdings Ltd. (NASDAQ: STBX) declined 21.3% to close at $5.07 as the stock sees volatility following its IPO last Tuesday.
  • Cabaletta Bio, Inc. (NASDAQ: CABA) dropped 21.1% to close at $0.99. Morgan Stanley (NYSE:MS) downgraded Cabaletta Bio from Overweight to Equal-Weight and lowered the price target from $15 to $3.
  • Onfolio Holdings, Inc. (NASDAQ: ONFO) fell 20.5% to close at $1.75. The company recently priced its IPO at $5 per unit.
  • Cross Timbers Royalty Trust (NYSE: CRT) fell 20% to close at $19.70. Shares of several energy companies traded lower as the sector pulls back from recent gains amid raised concerns of aggressive interest rates hikes, which could pressure oil demand.
  • Kuke Music Holding Limited (NYSE: KUKE) dropped 18.8% to settle at $0.84.
  • Yiren Digital Ltd. (NYSE: YRD) declined 18.2% to close at $0.7051.
  • ZeroFox Holdings, Inc. (NASDAQ: ZFOX) fell 17.7% to close at $5.43.
  • Winc, Inc. (NYSE: WBEV) dropped 17.4% to close at $1.00. Winc recently posted a Q2 loss of $0.32 per share.
  • Indonesia Energy Corporation Limited (NASDAQ: INDO) fell 16.9% to close at $7.60.
  • Plus Therapeutics, Inc. (NASDAQ: PSTV) fell 16.5% to close at $0.8350.
  • Jounce Therapeutics, Inc. (NASDAQ: JNCE) fell 15.9% to close at $3.61 after the company reported top line data from Phase 2 SELECT trial evaluating Vopratelimab.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) fell 15% to close at $1.19.
  • Houston American Energy Corp. (NYSE: HUSA) fell 14.7% to close at $4.23.
  • REX American Resources Corporation (NYSE: REX) fell 14.5% to close at $28.75. The company reported upbeat quarterly earnings.
  • UTStarcom Holdings Corp. (NASDAQ: UTSI) dropped 14.4% to settle at $3.38.
  • Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) declined 13.6% to close at $0.20. Ladenburg Thalmann recently initiated coverage on the stock with a Buy rating and announced a price target of $6.50.
  • Silver Crest Acquisition Corporation (NASDAQ: SLCR) fell 13.5% to close at $8.78.
  • BrainsWay Ltd. (NASDAQ: BWAY) fell 13.3% to close at $4.03. The FDA, on Monday, granted 510(k) clearance to BrainsWay’s Deep Transcranial Magnetic Stimulation (TMS) H7 Coil for its use in treating adults suffering from major depressive disorder and depression, including those with comorbid anxiety symptoms commonly known as anxious depression.
  • Veru Inc. (NASDAQ: VERU) fell 9.8% to close at $14.88.
  • iQIYI, Inc. (NASDAQ: IQ) declined 9.7% to close at $3.55 after the company reported Q2 earnings results.
  • Nikola Corporation (NASDAQ: NKLA) fell 9.4% to close at $5.41 after the company filed a prospectus related to the issuance and sale of common stock from time to time up to $400 million. The company also announced an exchange offer to purchase all outstanding shares of Romeo Power.
  • Melco Resorts & Entertainment Limited (NASDAQ: MLCO) fell 9.2% to close at $5.52.
  • Alcoa Corporation (NYSE: NYSE:AA) dropped 8.5% to close at $50.79. Alcoa to curtail one third of production capacity at Lista Smelter in Norway to mitigate high energy costs.
  • Arch Resources, Inc. (NYSE: ARCH) fell 6.8% to settle at $147.27.
  • Helmerich & Payne, Inc. (NYSE: HP) dropped 6.5% to close at $42.48. Shares of several energy companies traded lower as the sector pulls back from recent gains amid raised concerns of aggressive interest rates hikes, which could pressure oil demand.
  • Baidu, Inc. (NASDAQ: NASDAQ:BIDU) declined 6.5% to close at $137.69 after the company reported Q2 EPS results.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

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.