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Why Shares of Chinese Companies Are Trading Higher? Here Are 55 Stocks Moving In Tuesday's Mid-Day Session

Published 27/12/2022, 18:27
Updated 27/12/2022, 19:40
© Reuters.  Why Shares of Chinese Companies Are Trading Higher? Here Are 55 Stocks Moving In Tuesday's Mid-Day Session

© Reuters. Why Shares of Chinese Companies Are Trading Higher? Here Are 55 Stocks Moving In Tuesday's Mid-Day Session

Benzinga - Gainers

  • Elys Game Technology, Corp. (NASDAQ: ELYS) shares jumped 147% to $0.4312. Elys Game Technology and Cloakbook DC have been granted license to open sportsbook in Washington, D.C.
  • 180 Life Sciences Corp. (NASDAQ: ATNF) climbed 71% to $2.12. 180 Life Sciences announced closing of $6 million registered direct offering priced at-the-market under Nasdaq rules.
  • Neptune Wellness Solutions Inc. (NASDAQ: NEPT) shares jumped 57.7% to $0.4180 on heavy volume.
  • Lanvin Group Holdings Limited (NYSE: LANV) shares gained 50.6% to $0.4180.
  • HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) shares gained 28.9% to $3.9971. HTG Molecular Diagnostics announced closing of a $10 million public offering.
  • Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) climbed 24% to $0.97.
  • Innate Pharma S.A. (NASDAQ: IPHA) gained 19.8% to $3.3664. Innate Pharma and Sanofi (EPA:SASY) recently announced an expansion of their collaboration for natural killer cell therapeutics in oncology. Innate will receive a €25 million upfront payment.
  • Pagaya Technologies Ltd. (NASDAQ: PGY) climbed 18% to $0.9882 after gaining 10% on Friday.
  • Renren Inc. (NYSE: RENN) gained 18% to $1.64.
  • KalVista Pharmaceuticals, Inc. (NASDAQ: KALV) jumped 18% to $6.03. KalVista Pharmaceuticals reported a $58 million registered direct offering.
  • Connexa Sports Technologies Inc. (NASDAQ: CNXA) rose 16% to $0.29.
  • Soleno Therapeutics, Inc. (NASDAQ: SLNO) jumped 15.5% to $1.7098.
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) rose 14.4% to $0.2750 after gaining over 4% on Friday.
  • PaxMedica, Inc. (NASDAQ: PXMD) gained 14.2% to $1.5999.
  • Global Blue Group Holding AG (NYSE: GB) jumped 13.8% to $4.5650.
  • AMC Entertainment Holdings, Inc. (NYSE: APE) rose 13.3% to $1.9597. AMC recently announced it would sell APE units to Antara Capital at an average price of $0.66.
  • Scienjoy Holding Corporation (NASDAQ: SJ) gained 13.3% to $1.92. Scienjoy Holding recently reported interim nine months ended Sept. 30, 2022 financial results.
  • Tuniu Corporation (NASDAQ: TOUR) rose 12.3% to $1.8750.
  • Kingsway Financial Services Inc. (NYSE: KFS) gained 11.3% to $8.24. Kingsway Financial Services' unit entered into a purchase and sale agreement with BNSF Dayton to sell certain real property in Liberty County, Texas.
  • Dada Nexus Limited (NASDAQ: DADA) rose 9.7% to $6.91. Shares of Chinese companies traded higher after China announced it will end quarantine requirements for international travelers from January 8.
  • Mammoth Energy Services, Inc. (NASDAQ: TUSK) gained 9.6% to $8.20.
  • i-80 Gold Corp. (NYSE: IAUX) jumped 9.5% to $3.1650.
  • Puyi Inc. (NASDAQ: PUYI) gained 9.4% to $ 7.67.
  • Bilibili Inc. (NASDAQ: BILI) gained 9.1% to $25.28. Bilibili initiated a new round of layoffs involving the firm's operations, gaming, and streaming units. Bilibili ousted 30% of the staff in these teams, Technode reported.
  • Avaya Holdings Corp. (NYSE: AVYA) rose 9% to $0.2180.
  • Weibo Corporation (NASDAQ: WB) gained 8% to $19.35. Shares of Chinese companies traded higher after China announced it will end quarantine requirements for international travelers from January 8.
  • Nexalin Technology, Inc. (NASDAQ: NXL) rose 7.7% to $0.8250 after gaining 3% on Friday.
  • Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) gained 4.7% to $89.68. Shares of Chinese companies traded higher after China announced it will end quarantine requirements for international travelers from January 8.Alibaba Group’s e-commerce platform Taobao conducted final tests before making its first metaverse live-streaming product debut.
Losers
  • Pingtan Marine Enterprise Ltd. (NASDAQ: PME) dropped 57.7% to $0.1269. Pingtan Marine Enterprise announced receipt of Nasdaq notification letter.
  • Tuesday Morning Corporation (NASDAQ: TUEM) shares fell 47.3% to $0.8101. Tuesday Morning announced voluntary delisting from the Nasdaq Capital Market.
  • MingZhu Logistics Holdings Limited (NASDAQ: YGMZ) dropped 36% to $1.12. MingZhu Logistics Holdings recently said the company had started the execution of a transportation cooperation agreement with Xinjiang Tianfu Yitong Supply Chain Management Co Ltd (the Tianfu).
  • Kubient, Inc. (NASDAQ: KBNT) dropped 25% to $0.54. Kubient recently received US patent for KAI solution.
  • Lion Group Holding Ltd. (NASDAQ: LGHL) fell 23.4% to $0.82.
  • Mobile Global Esports Inc. (NASDAQ: MGAM) dropped 20% to $1.0850.
  • Acer Therapeutics Inc. (NASDAQ: ACER) shares tumbled 19.6% to $2.99. Acer Therapeutics and Relief Therapeutics reported the FDA approval of OLPRUVA for patients with urea cycle disorders.
  • Miromatrix Medical Inc. (NASDAQ: MIRO) fell 15.6% to $2.21.
  • WeWork Inc. (NASDAQ: WE) dipped 15% to $1.11.
  • Blue Apron Holdings, Inc. (NYSE: APRN) dropped 14.7% to $0.8264. Blue Apron recently announced receipt of continued listing standard notice from NYSE.
  • Moxian (BVI) Inc (NASDAQ: MOXC) fell 14% to $0.55.
  • Soligenix, Inc. (NASDAQ: SNGX) shares fell 13.5% to $0.54. On December 20, 2022, Soligenix received written notice from Nasdaq stating that company has not complied with minimum bid price rule.
  • Assure Holdings Corp. (NASDAQ: IONM) dipped 13.1% to $0.2520.
  • E-Home Household Service Holdings Limited (NASDAQ: EJH) fell 13.1% to $0.5563.
  • LogicMark, Inc. (NASDAQ: LGMK) fell 13% to $0.4001. LogicMark, last month, posted a Q3 loss of $0.23 per share.
  • Satixfy Communications Ltd. (NYSE: SATX) dipped 12.4% to $5.70.
  • cbdMD, Inc. (NYSE: YCBD) dropped 12% to $0.2198. The company recently posted a decline in quarterly sales.
  • Swvl Holdings Corp. (NASDAQ: SWVL) fell 10.8% to $0.1025.
  • Proterra Inc. (NASDAQ: PTRA) fell 10.7% to $3.67. Proterra filed for mixed shelf of up to $500 million.
  • SIGNA Sports United N.V. (NYSE: SSU) declined 10.6% to $3.37.
  • Cuentas Inc. (NASDAQ: CUEN) dropped 10.5% to $0.1750.
  • Inotiv, Inc. (NASDAQ: NOTV) fell 9.3% to $4.60. Inotiv recently issued FY22 sales guidance below estimates.
  • HyreCar Inc. (NASDAQ: HYRE) dipped 9.3% to $0.3601.
  • Intelligent Bio Solutions Inc. (NASDAQ: INBS) dropped 9.1% to $0.2471.
  • Cosmos Health Inc. (NASDAQ: COSM) fell 9% to $5.82 after declining 10% on Friday.
  • Surrozen, Inc. (NASDAQ: SRZN) fell 8.5% to $0.8101 after jumping 16% on Friday.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) fell 6.4% to $4.1172 after dropping 10% on Friday. AMC recently announced a $110 million equity capital raise.
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