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Why Shares Of Chinese Companies Are Trading Higher? Here Are 45 Stocks Moving In Tuesday's Mid-Day Session

Published 29/11/2022, 16:47
Updated 29/11/2022, 18:11
© Reuters.  Why Shares Of Chinese Companies Are Trading Higher? Here Are 45 Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • Otonomy, Inc. (NASDAQ: OTIC) shares surged 74.2% to $0.1866. Otonomy recently posted a Q3 loss of $0.18 per share.
  • Apollo Endosurgery, Inc. (NASDAQ: APEN) shares jumped 65% to $9.90 after the company announced it will be acquired by Boston Scientific (NYSE:BSX) for $10 per share in cash.
  • The Very Good Food Company Inc. (NASDAQ: VGFC) rose 36.6% to $0.1370.
  • Kalera Public Limited Company (NASDAQ: KAL) gained 29% to $0.16. Kalera announced restructuring process for German subsidiary.
  • Kidpik Corp. (NASDAQ: PIK) gained 25.6% to $0.98.
  • Citi Trends, Inc. (NASDAQ: CTRN) shares climbed 24.4% to $28.87 after the company reported better-than-expected Q3 adjusted EPS and sales results.
  • Cosmos Holdings Inc. (NASDAQ: COSM) jumped 23.3% to $0.7157 after jumping 35% on Monday.
  • Bilibili Inc. (NASDAQ: BILI) gained 23.2% to $15.52 after the company reported better-than-expected Q3 adjusted EPS and sales results.
  • Zhihu Inc. (NYSE: ZH) rose 20.3% to $1.0907 after declining over 9% on Monday.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) climbed 19.4% to $0.3626. Faraday Future Intelligent Electric Board of Directors has appointed FF China CEO Xuefeng (XF) Chen as Global CEO of the company, effective immediately.
  • GDS Holdings Limited (NASDAQ: GDS) shares rose 17.3% to $13.73. The company recently posted upbeat quarterly sales.
  • NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) jumped 16.8% to $1.46.
  • Vivakor, Inc. (NASDAQ: VIVK) gained 16.6% to $1.1897 after posting a narrower quarterly loss.
  • United Maritime Corporation (NASDAQ: USEA) rose 16.3% to $3.5108. United Maritime declared a special cash dividend of $1.00 per share.
  • ThermoGenesis Holdings, Inc. (NASDAQ: THMO) surged 16% to $0.1371. ThermoGenesis Holdings recently posted a Q3 loss of $0.10 per share.
  • Aenza S.A.A. (NYSE: AENZ) jumped 15.8% to $2.3750.
  • Fusion Fuel Green PLC (NASDAQ: HTOO) gained 15.6% to $5.64. HC Wainwright & Co. maintained Fusion Fuel Green with a Buy and lowered the price target from $25 to $15.
  • Kanzhun Limited (NASDAQ: BZ) rose 15.3% to $17.41 after gaining over 5% on Monday.
  • Dada Nexus Limited (NASDAQ: DADA) gained 15% to $5.76. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • ThermoGenesis Holdings, Inc. (NASDAQ: THMO) rose 14.2% to $0.1351. ThermoGenesis recently posted a Q3 loss of $0.10 per share.
  • RLX Technology Inc. (NYSE: RLX) gained 13.8% to $2.2086.
  • The GEO Group, Inc. (NYSE: GEO) surged 12% to $11.45 following positive analyst coverage from Wedbush.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) gained 11.6% to $2.6350. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • Eqonex Limited (NASDAQ: EQOS) rose 10.9% to $0.1562.
  • HUYA Inc. (NYSE: HUYA) gained 10.9% to $ 2.2850. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • XPeng Inc. (NYSE: XPEV) climbed 10.2% to $7.59. Shares of several Chinese companies traded higher amid hopes that protests in China could spark an easing of COVID restrictions.
  • JD.com, Inc. (NASDAQ: JD) gained 8.4% to $54.19. JD.com is looking to lower pay by up to 20% for senior executives, according to Financial Times.
  • JOYY Inc. (NASDAQ: YY) rose 7.2% to $29.50 following upbeat quarterly earnings.
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Losers

  • MICT, Inc. (NASDAQ: MICT) fell 28.3% to $0.81 after dropping 13% on Monday. MICT said that the company is targeting a considerable share repurchase program post-merger close
  • Alaunos Therapeutics, Inc. (NASDAQ: TCRT) shares fell 24.2% to $0.6575 after the company reported pricing of public offering of common stock.
  • Satixfy Communications Ltd. (NASDAQ: SATX) dropped 17.4% to $16.82.
  • Enfusion, Inc. (NYSE: ENFN) declined 16.7% to $10.24. Enfusion announced resignation of chief financial officer and reiterated Q4 and FY22 outlook.
  • Digital Brands Group, Inc. (NASDAQ: DBGI) declined 15.9% to $6.05.
  • ASAP, Inc. (NASDAQ: ASAP) fell 15.7% to $0.9101. ASAP.com & Chipotle Mexican Grill signed major food delivery agreement.
  • NanoVibronix, Inc. (NASDAQ: NAOV) shares fell 15.5% to $0.5349 after the company announced a $2.4 million registered direct offering priced at-the-market under Nasdaq rules.
  • AGBA Group Holding Limited (NASDAQ: AGBA) fell 14.5% to $2.94.
  • FOXO Technologies Inc. (NASDAQ: FOXO) fell 13.8% to $0.4785 after dropping around 10% on Monday.
  • Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP) shares fell 13.7% to $1.7699.
  • CinCor Pharma, Inc. (NASDAQ: CINC) fell 13.4% to $12.23. Oppenheimer downgraded CinCor Pharma from Outperform to Perform, while Morgan Stanley (NYSE:MS) downgraded the stock from Overweight to Equal-Weight and lowered the price target from $60 to $22.
  • Hibbett, Inc. (NASDAQ: HIBB) fell 12.2% to $59.33 after the company reported worse-than-expected Q3 EPS and sales results.
  • CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) fell 11.7% to $4.4250. CNS Pharmaceuticals announced a 1-for-30 reverse stock split.
  • Ainos, Inc. (NASDAQ: AIMD) declined 11.6% to $0.6101. Ainos posted Q3 loss of $0.51 per share.
  • Nutex Health Inc. (NASDAQ: NUTX) dropped 10.3% to $1.39.
  • Elbit Systems Ltd. (NASDAQ: ESLT) fell 9.2% to $169.67 after the company reported a drop in profit for the third quarter.
  • Sprout Social, Inc. (NASDAQ: SPT) dipped 7.7% to $53.40.
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© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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