Why Tesla Shares Are Trading Lower By Over 7%, Here Are 52 Stocks Moving In Monday's Mid-Day Session

Author: Lisa Levin | October 03, 2022 12:27pm

Gainers

• LogicBio Therapeutics, Inc. (NASDAQ:LOGC) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca's subsidiary, Alexion, for $2.07 per share.
• FedNat Holding Company (NASDAQ:FNHC) jumped 223% to $0.3725 after dipping around 28% on Friday.
• FingerMotion, Inc. (NASDAQ:FNGR) shares gained 63.3% to $5.50 after the stock rose more than 80% Friday.
• Avenue Therapeutics, Inc. (NASDAQ:ATXI) gained 47.1% to $14.83.
• Myovant Sciences Ltd. (NYSE:MYOV) shares gained 36% to $24.43 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.
• Wearable Devices Ltd. (NASDAQ:WLDS) climbed 33% to $1.1701 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.
• Color Star Technology Co., Ltd. (NASDAQ:CSCW) rose 32% to $1.56.
• Viasat, Inc. (NASDAQ:VSAT) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.
• Flexible Solutions International, Inc. (NYSE:FSI) rose 25.7% to $2.0736. FSI reported termination of merger with Lygos Inc.
• Bionomics Limited (NASDAQ:BNOX) gained 24.4% to $7.79.
• Anebulo Pharmaceuticals, Inc. (NASDAQ:ANEB) jumped 20.9% to $3.3861. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).
• Versus Systems Inc. (NASDAQ:VS) gained 20.5% to $0.2254.
• LiveWire Group, Inc. (NYSE:LVWR) rose 20.3% to $8.64.
• Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) gained 20.2% to $10.95.
• Kuke Music Holding Limited (NYSE:KUKE) jumped 19.9% to $0.5645.
• Tenax Therapeutics, Inc. (NASDAQ:TENX) gained 19.4% to $0.2030. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.
• Calithera Biosciences, Inc. (NASDAQ:CALA) climbed 18.5% to $3.4876 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.
• Acorda Therapeutics, Inc. (NASDAQ:ACOR) rose 16.7% to $0.3490 after gaining 8% on Friday.
• QualTek Services Inc. (NASDAQ:QTEK) gained 16.3% to $2.33.
• Freight Technologies, Inc. (NASDAQ:FRGT) climbed 15.6% to $0.59.
• New Gold Inc. (NYSE:NGD) gained 14.5% to $1.0087. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.
• LiveWire Group, Inc. (NYSE:LVWR) surged 13.7% to $8.17.
• InterDigital, Inc. (NASDAQ:IDCC) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.
• Coeur Mining, Inc. (NYSE:CDE) gained 13.7% to $3.89.
• Vertiv Holdings Co (NYSE:VRT) jumped 13% to $11.02 Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.
• Atlis Motor Vehicles, Inc. (NASDAQ:AMV) rose 12.8% to $23.00 after dropping around 40% on Friday.
• Mesoblast Limited (NASDAQ:MESO) jumped 12% to $2.85.
• Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) rose 11.9% to $13.81.
• Mondee Holdings, Inc. (NASDAQ:MOND) fell 11.7% to $8.73.
• Aditxt, Inc. (NASDAQ:ADTX) gained 10% to $3.70.
• Kosmos Energy Ltd. (NYSE:KOS) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.
• Alcoa Corporation (NYSE:AA) gained 8.5% to $36.52.
• United States Steel Corporation (NYSE:X) jumped 6% to $19.20.

Losers

• Blue Apron Holdings, Inc. (NYSE:APRN) dropped 35% to $3.76 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.
• Clene Inc. (NASDAQ:CLNN) shares dipped 31.4% to $1.92 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).
• American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) fell 31.2% to $2.0812. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.
• Timber Pharmaceuticals, Inc. (NYSE:TMBR) fell 23.3% to $0.0920. Timber Pharmaceuticals reported a $1.3 million registered direct offering.
• Belite Bio, Inc (NASDAQ:BLTE) dropped 20.8% to $26.80. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.
• Waldencast plc (NASDAQ:WALD) dropped 15% to $8.50.
• FaZe Holdings Inc. (NASDAQ:FAZE) declined 15% to $8.23.
• SHF Holdings, Inc. (NASDAQ:SHFS) fell 14% to $5.96 after dropping 20% on Friday.
• Takung Art Co., Ltd. (NASDAQ:TKAT) declined 14% to $0.8949.
• Lilium N.V. (NASDAQ:LILM) dropped 12.9% to $1.9850. Lilium recently announced partnership with GlobeAir.
• Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) fell 12.1% to $60.03.
• Aura Biosciences, Inc. (NASDAQ:AURA) fell 11.7% to $16.00. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.
• Tyra Biosciences, Inc. (NASDAQ:TYRA) dropped 11.5% to $7.78.
• Lion Group Holding Ltd. (NASDAQ:LGHL) fell 11% to $0.89.
• Hippo Holdings Inc. (NYSE:HIPO) declined 9.7% to $16.72.
• Kintara Therapeutics, Inc. (NASDAQ:KTRA) dropped 8.2% to $0.0991. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.
• Remitly Global, Inc. (NASDAQ:RELY) dipped 7.8% to $10.25.
• SAI.TECH Global Corporation (NASDAQ:SAI) fell 7.3% to $3.0050 after jumping 43% on Friday.
• Tesla, Inc. (NASDAQ:TSLA) shares fell 7.2% to $246.09 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.

Posted In: AA ACOR ADTX AMV ANEB APLS APRN ATXI AURA AVCT BLTE BNOX CALA CDE CLNN CSCW FAZE FNGR FNHC FRGT