Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of TransCode Therapeutics, Inc. (NASDAQ: RNAZ) fell sharply during Friday’s session.
TransCode Therapeutics priced a 5,942,623 share common stock offering at $1.22 per share.
TransCode Therapeutics shares dipped 24.3% to $0.8248 on Friday.
Here are some other stocks moving in today's mid-day session.
Gainers
- Charge Enterprises, Inc. (NASDAQ: CRGE) shares surged 105.4% to $0.2510.
- Kaman Corporation (NASDAQ: KAMN) shares climbed 101.3% to $45.14 after the company announced it will be acquired by Arcline for $1.8 billion.
- Mesa Air Group Inc (NASDAQ: MESA) gained 70.4% to $1.09 as the company entered into new agreements with United Airlines for improved operating and financing terms.
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) rose 37.3% to $13.30 after the company announced pricing of its $240 million underwritten offering of 21,818,182 shares at $11 per share.
- Processa Pharmaceuticals, Inc. (NASDAQ: PCSA) climbed 34.2% to $0.2725. Processa Pharmaceuticals announced plans to expand the development of next generation capecitabine (NGC-Cap) into advanced or metastatic breast cancer beginning with next Phase 2 trial in breast cancer.
- Tricon Residential Inc. (NYSE: TCN) shares gained 28.2% to $11.06 Blackstone and Tricon Residential entered into an arrangement agreement under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. will acquire all outstanding common shares of Tricon for $11.25 per share in cash.
- Spirit Airlines, Inc. (NYSE: SAVE) jumped 24% to $7.06 after the company announced preliminary fourth-quarter and full year 2023 estimates, issued first-quarter 2024 guidance and said the merger agreement between the company and JetBlue "remains in full force and effect."
- Super Micro Computer, Inc. (NASDAQ: SMCI) climbed 23.1% to $383.31 after the company announced updated financial guidance for the second-quarter, which surpassed its previous outlook.
- Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) rose 20.6% to $1.1190.
- Portage Biotech Inc. (NASDAQ: PRTG) gained 19% to $1.14.
- ProMIS Neurosciences, Inc. (NASDAQ: PMN) gained 19% to $2.07.
- Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH) gained 16.4% to $0.5185.
- Treasure Global Inc. (NASDAQ: TGL) shares rose 14.2% to $0.1176. Treasure Global and AIO Synergy recently entered into a strategic alliance aimed at reshaping the landscape of artificial intelligence.
- Silk Road Medical, Inc (NASDAQ: SILK) jumped 13.1% to $14.91 after Stifel upgraded the stock from Hold to Buy and raised its price target from $9 to $20.
- Wayfair Inc. (NYSE: W) jumped 11.6% to $56.81 after the company announced a workforce realignment plan, which includes a workforce reduction involving approximately 13% of its global workforce.
- Bullfrog AI Holdings, Inc. (NASDAQ: BFRG) gained 10.6% to $4.30.
- NewAmsterdam Pharma Company N.V. (NASDAQ: NAMS) rose 10.5% to $19.44.
- World Acceptance Corporation (NASDAQ: WRLD) gained 10.2% to $134.00 following upbeat quarterly results.
- Ally Financial Inc. (NYSE: ALLY) gained 9.4% to $35.15. Synchrony Financial announced plans to acquire Ally Financial's point of sale financing business. Ally Financial also posted upbeat quarterly sales.
- Cyngn Inc. (NASDAQ: CYN) surged 8.8% to $0.1468 after gaining over 5% on Thursday.
- Mesoblast Limited (NASDAQ: MESO) gained 8.1% to $1.86 after the FDA granted a Rare Pediatric Disease Designation to the company’s Revascor® for treating children with congenital heart disease.
- WNS (Holdings) Limited (NYSE: WNS) rose 4.4% to $65.71. Needham analyst Mayank Tandon maintained WNS with a Buy and raised the price target from $80 to $85.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.
Losers- C3is Inc. (NASDAQ: CISS) shares fell 63.2% to $0.1384 as the company announced pricing of $7.0 million upsized underwritten public offering.
- Azitra, Inc. (NYSE: AZTR) dipped 31.8% to $1.3976 after the company filed for a firm commitment public offering of 3 million shares of common stock.
- iRobot Corporation (NASDAQ: IRBT) fell 30% to $16.53 following a report suggesting the EU plans to block Amazon's acquisition of the company.
- Accelerate Diagnostics, Inc. (NASDAQ: AXDX) fell 27.1% to $1.17 after the company reported pricing of approximately $15 million public offering and private placement.
- AST SpaceMobile, Inc. (NASDAQ: ASTS) declined 24.3% to $3.15. AST SpaceMobile announced a $100 million offering of common stock. The company also announced a strategic investment from AT&T Inc (NYSE: T),
- Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Vodafone.
- Agrify Corporation (NASDAQ: AGFY) dipped 21.9% to $1.0699. Agrify entered into a multi-million dollar sales agreement with Ocean Deep/Golden Lake Business Park.
- Adagene Inc. (NASDAQ: ADAG) fell 21.6% to $2.64.
- BioCardia, Inc. (NASDAQ: BCDA) fell 20% to $0.46.
- Volato Group, Inc. (NYSE: SOAR) fell 17.2% to $2.1688.
- Datasea Inc. (NASDAQ: DTSS) shares fell 16.4% to $0.1140. Datasea announced plans for a 1-for-15 reverse stock split to regain compliance with Nasdaq minimum bid requirement.
- Orgenesis Inc. (NASDAQ: ORGS) dipped 15.3% to $0.2711.
- Wheels Up Experience Inc. (NYSE: UP) fell 12.6% to $3.19.
- Nkarta, Inc. (NASDAQ: NKTX) fell 12.2% to $7.47.
- Vision Marine Technologies Inc. (NASDAQ: VMAR) shares fell 11.5% to $0.7098. Vision Marine Technologies announced close of $3.0 million private placement of convertible preferred shares and warrants with Investissement Québec.
- Absci Corporation (NASDAQ: ABSI) dipped 11.3% to $3.2120.
- Lithium Americas Corp. (NYSE: LAC) fell 10.4% to $4.3650.
- Celsius Holdings, Inc. (NASDAQ: CELH) fell 10% to $53.60 after B of A Securities downgraded the stock from Buy to Neutral and announced a $65 price target.
- Hut 8 Corp. (NYSE: HUT) dipped 9.4% to $6.45.
- Lifezone Metals Limited (NYSE: LZM) fell 9.3% to $6.37.
- MorphoSys AG (NASDAQ: MOR) fell 7.3% to $9.49 after falling 6% on Wednesday. Morgan Stanley analyst James Quigley, on Tuesday, downgraded MorphoSys from Overweight to Equal-Weight.
- Hertz Global Holdings, Inc. (NASDAQ: HTZ) declined 6.6% to $8.40 after Jefferies downgraded the stock from Buy to Hold and lowered its price target from $12 to $8.
- Esperion Therapeutics, Inc. (NASDAQ: ESPR) shares fell 6.1% to $2.0188. Esperion priced its $85.1 million public offering of 56.7 million common share at $1.50 per share.
- Chegg, Inc. (NYSE: CHGG) shares fell 6.1% to $9.45. Goldman Sachs analyst Eric Sheridan downgraded Chegg from Neutral to Sell and lowered the price target from $10 to $8.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.
Now Read This: Jim Cramer Predicts A 'Terrific Year' For This Manufacturer, And As For U-Haul? 'I'm Fine With It'
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.