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

Author: Lisa Levin | November 29, 2022 12:47pm

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 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.

 

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 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.

Posted In: AENZ AGBA AIMD APEN ASAP BILI BZ CINC CNSP COEP COSM CTRN DADA DBGI ENFN EQOS ESLT FFIE FOXO GDS