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Why Oyster Point Pharma Shares Are Trading Higher By Around 40%? Here Are 49 Stocks Moving In Monday's Mid-Day Session

Published 07/11/2022, 17:46
Updated 07/11/2022, 19:11
© Reuters.  Why Oyster Point Pharma Shares Are Trading Higher By Around 40%? Here Are 49 Stocks Moving In Monday's Mid-Day Session

Gainers

  • Dragon Victory International Limited (NASDAQ: LYL) surged 52.2% to $0.6870.
  • Veru Inc. (NASDAQ: VERU) shares jumped 47% to $15.22 following publication of briefing documents ahead of the Nov. 9 FDA Adcom meeting for its COVID-19 treatment candidate.
  • Oyster Point Pharma, Inc. (NASDAQ: OYST) gained 39.4% to $11.64 after the company announced it will be acquired by Viatris for $11 per share.
  • GigaCloud Technology Inc. (NASDAQ: GCT) shares climbed 36.7% to $6.37. GigaCloud Technology, last month, unveiled its new private domain feature for sellers on its B2B GigaCloud Marketplace.
  • Selina Hospitality PLC (NASDAQ: SLNA) shares climbed 27.4% to $4.6001 after dipping over 19% on Friday.
  • ACM Research, Inc. (NASDAQ: ACMR) gained 24.2% to $8.21 after Jefferies upgraded the stock from Underperform to Hold.
  • Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) rose 24% to $1.9201. Sonnet BioTherapeutics recently announced the safety profile of SON-1010. Five of the six patients had stable disease at the first follow-up scan, with one patient progressing who is now off study.
  • Digital World Acquisition Corp. (NASDAQ: DWAC) shares gained 23.9% to $21.65 amid recent reports suggesting Donald Trump could announce a 2024 presidential run this week. Digital World Acquisition Corp is the business combination partner of Trump Media & Technology Group.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) gained 22% to $0.7079.
  • Certara, Inc. (NASDAQ: CERT) gained 20.5% to $12.83 after Arsenal Capital Partners increased its investment in the company with a $449 million stock purchase.
  • Eagle Pharmaceuticals, Inc. (NASDAQ: EGRX) surged 19.5% to $37.70 after the company reported better-than-expected Q3 results.
  • Tupperware Brands Corporation (NYSE: TUP) rose 17.5% to $4.7250. Richard Goudis, Executive Vice Chair at Tupperware Brands, reported a large insider buy on November 7, according to a new SEC filing.
  • Bon Natural Life Limited (NASDAQ: BON) gained 17.4% to $1.5620.
  • SmileDirectClub, Inc. (NASDAQ: SDC) gained 15.6% to $0.74.
  • HUTCHMED (China) Limited (NYSE: HCM) jumped 15.6% to $10.24.
  • Affimed N.V. (NASDAQ: AFMD) surged 15.5% to $2.2527. Affimed issued data update from two Phase 1/2a trials with innate cell engager AFM24 in solid tumor patients at 37th SITC Annual Meeting.
  • Viatris Inc (NASDAQ: VTRS) gained 15.3% to $11.19 after the company announced it will acquire Oyster Point Pharma.
  • Spirit AeroSystems Holdings, Inc. (NYSE: SPR) jumped 13.4% to $26.56 after Wolfe Research upgraded the stock from Underperform to Peer Perform. The company also announced a private offering of $800 million of senior secured first lien notes due 2029.
  • Triumph Bancorp, Inc. (NYSE: TBK) gained 11.7% to $55.12. Triumph Bancorp commenced a modified "Dutch Auction" tender offer to repurchase up to $100 million of its common stock.
  • Phunware, Inc. (NASDAQ: PHUN) shares rose 11.3% to $1.3350 following recent reports Donald Trump could soon announce a 2024 presidential run. The company was involved in the creation of the Trump 2020 mobile app.
  • Comstock Resources, Inc. (NYSE: CRK) rose 10.9% to $20.44. The company recently posted upbeat Q3 results.
  • Amarin Corporation plc (NASDAQ: AMRN) gained 10.7% to $1.2950. The company recently posted downbeat quarterly sales.
  • Affiliated Managers Group, Inc. (NYSE: AMG) surged 10.6% to $137.07 after the company reported better-than-expected Q3 EPS and sales results. The company also increased its buyback to a total of 5.8 million shares of common stock.
  • SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) rose 9.6% to $5.14 after gaining around 8% on Friday.
  • GDS Holdings Limited (NASDAQ: GDS) rose 9.5% to $10.49.
  • Millicom International Cellular S.A. (NASDAQ: TIGO) rose 9.2% to $12.89. Atlas Investissement confirmed that it acquired a 7% interest in Millicom.
  • Remark Holdings, Inc. (NASDAQ: MARK) rose 8.8% to $0.2905.
Losers
  • Huadi International Group Co., Ltd. (NASDAQ: HUDI) shares dipped 88.4% to $20.82 after the company reported pricing of $25 million registered direct offering.
  • Inhibikase Therapeutics, Inc. (NYSE: IKT) dropped 34% to $0.5093 after the company announced an FDA clinical hold on its IkT-148009 programs.
  • Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) dipped 28.6% to $0.6440.
  • Verve Therapeutics, Inc. (NASDAQ: VERV) fell 27.6% to $22.66 after the company reported its VERVE-101 IND application was placed on hold by the FDA. The company also reported Q3 earnings results.
  • Satixfy Communications Ltd. (NYSE: SATX) shares fell 24.7% to $9.56 after jumping 65% on Friday.
  • Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP) dipped 19.6% to $2.6288.
  • Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) dropped 19% to $50.44 after the company announced it will acquire IAA in a stock and cash transaction valued at roughly $7.3 billion.
  • First Watch Restaurant Group, Inc. (NASDAQ: FWRG) fell 18.4% to $13.20 after the company posted Q3 results.
  • WeTrade Group, Inc. (NASDAQ: WETG) dipped 16% to $1.2058.
  • Biora Therapeutics, Inc. (NASDAQ: BIOR) dipped 15.9% to $0.2763. Biora Therapeutics announced a $9.75 million direct offering.
  • Peak Bio, Inc. (NASDAQ: PKBO) fell 15% to $6.65. Ladenburg Thalmann recently initiated coverage on Peak Bio with a Buy rating and announced a price target of $15.
  • Carvana Co. (NYSE: CVNA) dipped 14.4% to $7.50 on continued weakness after the company reported worse-than-expected Q3 financial results last Thursday. The company reported a year-over-year decrease in both revenue and retail units sold.
  • LSB Industries, Inc. (NYSE: LXU) fell 14.4% to $14.20 after the company announced a secondary offering of 14.35 million shares of common stock by a selling stockholder with the company repurchasing 3.5 million of the shares.
  • Redfin Corporation (NASDAQ: RDFN) dropped 13.5% to $3.4750 after Oppenheimer downgraded the stock from Perform to Underperform.
  • Sentage Holdings Inc. (NASDAQ: SNTG) shares fell 13.5% to $3.54 after jumping 35% on Friday.
  • Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) declined 12% to $16.68. Raymond James downgraded Ruth's Hospitality Group from Strong Buy to Market Perform.
  • Beam Therapeutics Inc. (NASDAQ: BEAM) dropped 11.3% to $37.96 after the company reported a wider Q3 loss.
  • HireRight Holdings Corporation (NYSE: HRT) dropped 11.3% to $7.08. HireRight Holdings recently reported worse-than-expected Q3 sales results.
  • Cepton, Inc. (NASDAQ: CPTN) dipped 11.2% to $1.98.
  • Quanergy Systems, Inc. (NYSE: QNGY) shares fell 7.5% to $0.7698. Quanergy Systems recently priced its $16.7 million offering.
  • Ambow Education Holding Ltd. (NYSE: AMBO) fell 7.3% to $0.3740 after jumping around 42% on Friday.
  • FAT Brands Inc. (NASDAQ: FAT) shares fell 5.1% to $7.31. FAT Brands announced withdrawal of proposed common stock offering.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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