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Why Shares Of Chinese Companies Are Trading Lower? Here Are 54 Stocks Moving In Wednesday's Mid-Day Session

Published 28/12/2022, 18:00
© Reuters.  Why Shares Of Chinese Companies Are Trading Lower? Here Are 54 Stocks Moving In Wednesday's Mid-Day Session
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Benzinga - Gainers

  • Kala Pharmaceuticals, Inc. (NASDAQ: KALA) shares gained 130.5% to $9.03 after the company announced FDA acceptance of a IND application for its KPI-012 for the treatment of persistent corneal epithelial defect.
  • Minerva Surgical, Inc. (NASDAQ: UTRS) shares jumped 90.1% to $0.3089 after the company reported a $30 million private placement of common stock led by Accelmed Partners.
  • Jounce Therapeutics, Inc. (NASDAQ: JNCE) climbed 61.3% to $1.19 after Gilead Sciences (NASDAQ:GILD) announced plans to acquire all remaining rights to the company's Immunotherapy GS-1811, an anti-CCR8 antibody, for $67 million.
  • Gorilla Technology Group Inc. (NASDAQ: GRRR) rose 51% to $6.80 after the company announced it is entering the MENA region with a security convergence offering in a multi-year, multi-million dollar deal.
  • Innovative Eyewear, Inc. (NASDAQ: LUCY) gained 44.6% to $1.33 after the company announced a multi-year, global licensing agreement with Authentic Brands Group for Eddie Bauer smart eyewear.
  • Unico American Corporation (NASDAQ: UNAM) jumped 35.2% to $1.5413.
  • Pagaya Technologies Ltd.. (NASDAQ: PGY) climbed 24.3% to $1.2801 after climbing 23% on Tuesday.
  • Instil Bio, Inc. (NASDAQ: TIL) gained 22.8% to $0.5902.
  • Smart for Life, Inc. (NASDAQ: SMFL) gained 22.7% to $0.2550.
  • Heart Test Laboratories, Inc. (NASDAQ: HSCS) surged 22.2% to $0.99.
  • Cosmos Health Inc. (NASDAQ: COSM) shares climbed 20.1% to $5.26.
  • Cenntro Electric Group Limited (NASDAQ: CENN) rose 20.1% to $0.4720.
  • Virgin Orbit Holdings, Inc. (NASDAQ: VORB) gained 13.7% to $1.8650.
  • Miromatrix Medical Inc. (NASDAQ: MIRO) shares rose 12.8% to $2.8220.
  • TuSimple Holdings Inc. (NASDAQ: TSP) gained 11.7% to $1.52.
  • Aclarion, Inc. (NASDAQ: ACON) rose 11.6% to $0.45.
  • GlycoMimetics, Inc. (NASDAQ: GLYC) gained 10.7% to $2.48.
  • Mount Rainier Acquisition Corp. (NASDAQ: RNER) shares rose 10.6% to $11.51.
  • Lion Group Holding Ltd. (NASDAQ: LGHL) rose 10.3% to $0.75 after dipping 36% on Tuesday. Lion Group recently posted a H1 loss of $0.52 per share.
  • Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) gained 10.1% to $11.03.
  • SmileDirectClub, Inc. (NASDAQ: SDC) rose 10% to $0.3463 after dropping 10% on Tuesday.
  • Meta Materials Inc. (NASDAQ: MMAT) gained 9.9% to $1.08.
  • Pharvaris N.V. (NASDAQ: PHVS) jumped 8.9% to $10.94.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) jumped 8.5% to $1.1505. T2 Biosystems announced extension of multiyear innovative technology contract with Vizient, Inc.
  • Oatly Group (NASDAQ:OTLY) AB (NASDAQ: OTLY) surged 8.5% to $1.53.
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Losers
  • Model Performance Acquisition Corp. (NASDAQ: MPAC) fell 36.6% to $8.64.
  • Minerva Neurosciences, Inc. (NASDAQ: NERV) shares dipped 30.3% to $1.6320. Minerva Neurosciences confirmed that the FDA's refuse letter from October 14, 2022 remains in effect.
  • Schmitt Industries, Inc. (NASDAQ: SMIT) fell 27.2% to $0.2510 after jumping around 40% on Tuesday.
  • Neptune Wellness Solutions Inc. (NASDAQ: NEPT) fell 23% to $0.2773 after surging over 35% on Tuesday. Shohaib Kassam Sumar disclosed a 5.1% active stake in Neptune Wellness Solutions.
  • Unicycive Therapeutics, Inc. (NASDAQ: UNCY) dropped 22.3% to $0.5207. Unicycive Therapeutics’ pivotal bioequivalence (BE) study comparing Renazorb to Fosrenol has met the primary endpoint.
  • Tuesday Morning Corporation (NASDAQ: TUEM) dropped 21.7% to $0.6499. Tuesday Morning recently announced it will voluntarily delist from the Nasdaq Capital Market.
  • Pingtan Marine Enterprise Ltd. (NASDAQ: PME) dropped 21.6% to $0.30. Pingtan Marine Enterprise recently announced receipt of Nasdaq Notification Letter.
  • Alset Inc. (NASDAQ: AEI) dropped 19.7% to $2.41.
  • Quotient Limited (NASDAQ: QTNT) fell 19.1% to $0.2995 after jumping around 95% on Tuesday. Quotient recently announced the intent to voluntary delist from the Nasdaq Global Market.
  • Elys Game Technology, Corp. (NASDAQ: ELYS) fell 18.9% to $0.3001. Elys Game Technology shares jumped around 112% on Tuesday after the company and Cloakbook were granted a license to commence sportsbook operations in Washington, D.C.
  • Versus Systems Inc. (NASDAQ: VS) dropped 16.9% to $0.5399.
  • TAL Education Group (NYSE: TAL) fell 16% to $7.41.
  • HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) fell 15.3% to $3.65. HTG Molecular Diagnostics recently announced the closing of a $10 million offering.
  • HUYA Inc. (NYSE: HUYA) fell 15% to $3.6950.
  • Virax Biolabs Group Limited (NASDAQ: VRAX) dropped 14.7% to $0.5885.
  • ProKidney Corp. (NASDAQ: PROK) fell 14.6% to $5.25.
  • XORTX Therapeutics Inc. (NASDAQ: XRTX) declined 14.4% to $0.80. XORTX recently announced completion of dosing in XRX-OXY-101 clinical study.
  • CONSOL Energy Inc (NYSE:CNX). (NYSE: CEIX) fell 14.2% to $61.42. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
  • Satixfy Communications Ltd. (NYSE: SATX) dropped 13.5% to $4.5056.
  • Mobile Global Esports Inc. (NASDAQ: MGAM) dipped 13.4% to $0.97. Mobile Global Esports recently received a Nasdaq notification letter regarding its share price.
  • AMC Entertainment Holdings, Inc. (NYSE: APE) fell 13.2% to $1.6585 after gaining over 10% on Tuesday.
  • Youdao, Inc. (NYSE: DAO) fell 12.2% to $5.10. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • AMTD Digital Inc. (NYSE: HKD) dropped 11.8% to $10.75.
  • Kiromic BioPharma, Inc. (NASDAQ: KRBP) dropped 11.3% to $0.1532.
  • Peabody Energy Corporation (NYSE: BTU) fell 11.1% to $26.15. Shares of several energy companies traded lower amid concerns over increasing COVID infections in China following the loosening of some restrictions.
  • Dada Nexus Limited (NASDAQ: DADA) dropped 10.6% to $6.33. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • TG Therapeutics, Inc. (NASDAQ: TGTX) fell 9.6% to $7.07.
  • iQIYI, Inc. (NASDAQ: IQ) fell 9.4% to $4.2500. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
  • DouYu International Holdings Limited (NASDAQ: DOYU) fell 9.2% to $1.3251. Shares of Chinese companies traded lower amid concerns over increased COVID infections following the loosening of some restrictions.
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