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Why SenesTech Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Published 28/11/2023, 19:44
© Reuters.  Why SenesTech Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga - by Lisa Levin, Benzinga Editor.

Shares of SenesTech, Inc. (NASDAQ: SNES) shares moved lower during Tuesday’s session after the company reported pricing of $5.0 million public offering.

SenesTech company priced a public offering of around 3.8 million shares of common stock at $1.30 per share, alongside warrants for additional shares.

SenesTech shares declined 50.3% to $0.9189 on Tuesday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • IceCure Medical Ltd (NASDAQ: ICCM) jumped 90% to $1.44 after the company announced the latest release of a study in a series of independent studies of ProSense published in peer-reviewed journals demonstrating safety and efficacy.
  • RedHill Biopharma Ltd. (NASDAQ: RDHL) gained 90% to $1.90. Redhill Biopharma announced the FDA has granted five years' market exclusivity for Talicia.
  • HNR Acquisition Corp (NASDAQ: HNRA) gained 67% to $2.89 after the company gave a business update.
  • Fusion Fuel Green PLC (NASDAQ: HTOO) rose 39.6% to $1.25.
  • Carbon Revolution Public Limited Company (NASDAQ: CREV) gained 30% to $33.55 after Craig-Hallum initiated coverage on the stock with a Buy rating and a $84 price target.
  • ESGL Holdings Limited (NASDAQ: ESGL) gained 29.6% to $1.1590 as the company disclosed a multi-year contract renewal with Singapore Refining Company Private Limited.
  • Bitfarms Ltd. (NASDAQ: BITF) gained 24.5% to $1.3200. The company announced upgrades for its mining fleet.
  • Arcimoto, Inc. (NASDAQ: FUV) rose 23.7% to $1.0892.
  • Gyre Therapeutics, Inc. (NASDAQ: GYRE) gained 23.5% to $25.85.
  • Farfetch Limited (NYSE: FTCH) gained 21.9% to $2.0850 following a report suggesting the company's founder may be in talks to take the company private.
  • Avidity Biosciences, Inc. (NASDAQ: RNA) surged 21.3% to $7.47 after the company reported expansion of cardiovascular collaboration with Bristol Myers Squibb.
  • Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) climbed 20.4% to $2.7209.
  • SpringWorks Therapeutics, Inc. (NASDAQ: SWTX) gained 19.1% to $24.73. The FDA approved SpringWorks Therapeutics’ Ogsiveo (nirogacestat), an oral gamma-secretase inhibitor, for adult patients with progressing desmoid tumors who require systemic treatment.
  • PDD Holdings Inc. (NASDAQ: PDD) shares gained 18% to $138.90 following third-quarter results.
  • CleanSpark, Inc. (NASDAQ: CLSK) rose 13.3% to $6.32.
  • Cheche Group Inc. (NASDAQ: CCG) surged 12.3% to $6.17.
  • Clearway Energy, Inc. (NYSE: CWEN) gained 11.4% to $25.48. Clearway Energy will replace Veritiv in the S&P SmallCap 600.
  • LendingClub Corporation (NYSE: LC) climbed 10.6% to $6.17. Piper Sandler initiated coverage on LendingClub with an Overweight rating and announced a price target of $8.
  • Lilium N.V. (NASDAQ: LILM) gained 10.4% to $1.0050. Lilium announced it received EASA Design Organization Approval.
  • Marathon Digital Holdings, Inc. (NASDAQ: MARA) climbed 8.2% to $12.21.
  • The Carlyle Group Inc. (NASDAQ: CG) rose 5.1% to $34.48. Carlyle Group will replace ICU Medical in the S&P MidCap 400, effective prior to the open of trading on Nov. 30.
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Losers
  • Tharimmune, Inc. (NASDAQ: THAR) shares fell 72.8% to $0.9499. Tharimmune priced its $10 million public offering 10 million common shares at $1 per share.
  • Cabaletta Bio, Inc. (NASDAQ: CABA) fell 31.9% to $12.73 after the FDA said it was investigating a risk of T-cell malignancies in patients who received treatment with BCMA- or CD19-directed autologous CAR T cell immunotherapies.
  • Acelyrin, Inc. (NASDAQ: SLRN) declined 31.6% to $5.94 after the company announced an error in its Phase 2b/3 trial for izokibep. The company said the error has been addressed and the dosing sequence has been fixed.
  • Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) fell 31.2% to $3.5195 after the company announced an offering of 1,397,849 Class A units at an assumed public offering price of $2.79 per Class A unit.
  • iBio, Inc. (NASDAQ: IBIO) fell 28% to $0.2078 after the company announced a 20-to-1 reverse stock split.
  • CohBar, Inc. (NASDAQ: CWBR) fell 23.2% to $0.6901.
  • Gracell Biotechnologies Inc. (NASDAQ: GRCL) declined 13.6% to $4.6650. Gracell Biotechnologies recently announced it received FDA clearance of the IND application for the Phase 1/2 clinical trial of FasTCAR-T GC012F for the treatment of refractory systemic lupus erythematosus.
  • Erasca, Inc. (NASDAQ: ERAS) declined 11.6% to $1.98 after announcing program updates.
  • argenx SE (NASDAQ: ARGX) fell 10.5% to $443.67 after the company reported the ADVANCE-SC study evaluating VYVGART Hytrulo in adults with primary immune thrombocytopenia did not meet primary or secondary endpoints.
  • Allego N.V. (NASDAQ: ALLG) declined 9.6% to $1.2650.
  • Luminar Technologies, Inc. (NASDAQ: LAZR) fell 9.6% to $2.3750.
  • Mission Produce, Inc. (NASDAQ: AVO) fell 7.1% to $8.24. Roth MKM maintained Mission Produce with a Buy and lowered the price target from $18 to $12.5.
  • Cool Company Ltd. (NYSE: CLCO) shares fell 5.3% to $12.72 after reporting results for the third quarter.
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