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Why Summit Therapeutics Shares Are Trading Higher By Over 82%? Here Are 53 Stocks Moving In Tuesday's Mid-Day Session

Author: Lisa Levin | December 06, 2022 02:31pm

Gainers

  • Summit Therapeutics Inc. (NASDAQ:SMMT) shares surged 82.2% to $1.4299 after the company announced a definitive agreement of its partnership with Akeso to in-license its breakthrough bispecific antibody, ivonescimab.
  • Pacifico Acquisition Corp. (NASDAQ:PAFO) gained 51.8% to $7.59.
  • Vivint Smart Home, Inc. (NYSE:VVNT) shares jumped 32.4% to $11.90 after NRG Energy announced it will acquire the company for $12 per share in cash.
  • Studio City International Holdings Limited (NYSE:MSC) gained 28.3% to $4.22. Studio City Intl, last month, posted a Q3 loss of $0.44 per share.
  • Starry Group Holdings, Inc. (NYSE:STRY) shares climbed 23.2% to $0.1725 after dipping more than 20% on Monday.
  • BioSig Technologies, Inc. (NASDAQ:BSGM) rose 23% to $0.5930 after jumping over 15% on Monday. BioSig Technologies, last month, posted a Q3 loss of $0.14 per share.
  • Ra Medical Systems, Inc. (NYSE:RMED) gained 22% to $5.09.
  • Signet Jewelers Limited (NYSE:SIG) surged 19.8% to $69.28 after the company reported better-than-expected Q3 results and issued FY23 guidance above estimates.
  • SCWorx Corp. (NASDAQ:WORX) rose 17.2% to $0.78 after jumping over 18% on Monday.
  • Graphex Group Limited (NYSE:GRFX) gained 15.7% to $1.25.
  • Ballantyne Strong, Inc (NYSE:BTN) jumped 15.4% to $2.85. STRONG/MDI Screen Systems, Inc., a subsidiary of Ballantyne Strong, announced it has signed an exclusive three-year cinema screen supply agreement with Marcus Theatres.
  • Astronics Corporation (NASDAQ:ATRO) shares gained 13.4% to $10.20. The company, last month, posted downbeat quarterly results.
  • Soluna Holdings, Inc. (NASDAQ:SLNH) jumped 13.1% to $0.6503 after the company issued a corporate update.
  • CSP Inc. (NASDAQ:CSPI) gained 13.1% to $9.46 following Q4 results.
  • Powell Industries, Inc. (NASDAQ:POWL) jumped 12.7% to $30.44 after the company reported better-than-expected Q4 results.
  • NeuroOne Medical Technologies Corporation (NASDAQ:NMTC) rose 12.3% to $1.83. NeuroOne successfully completed its feasibility study with its OneRF Ablation System.
  • GitLab Inc. (NASDAQ:GTLB) shares rose 12.2% to $43.00 after the company reported better-than-expected Q3 results and issued FY23 guidance above estimates.
  • Sumo Logic, Inc. (NASDAQ:SUMO) rose 11.7% to $8.06 after the company reported better-than-expected Q3 results and issued strong guidance.
  • VistaGen Therapeutics, Inc. (NASDAQ:VTGN) gained 11.7% to $0.1391 after the company announced the FDA granted Fast Track designation for the development of PH10 for the treatment of major depressive disorder.
  • Bit Brother Limited (NASDAQ:BTB) rose 11.2% to $0.3891.
  • Perfect Corp. (NASDAQ:PERF) gained 9.7% to $6.34. Piper Sandler initiated coverage on Perfect with a Neutral rating and announced a price target of $7.
  • Niu Technologies (NASDAQ:NIU) gained 7.8% to $4.7450.
  • Ambrx Biopharma Inc. (NASDAQ:AMAM) shares rose 7.7% to $0.5598 after gaining 4% on Monday.
  • G-III Apparel Group, Ltd. (NASDAQ:GIII) gained 7.4% to $13.16. G-III Apparel Group CEO Morris Goldfarb bought a total of 250,000 shares at an average price of $12.54.
  • Bionano Genomics, Inc. (NASDAQ:BNGO) rose 7% to $2.1350. Bionano Genomics recently announced plans to acquire Purigen Biosystems for up to $64 million.
  • Mainz Biomed B.V. (NASDAQ:MYNZ) rose 5% to $8.36. Mainz Biomed reported IRB approval and initiation of US pivotal FDA clinical study.


Losers

  • Gossamer Bio, Inc. (NASDAQ:GOSS) shares dipped 70.6% to $2.7356 after the company reported announced topline results for the TORREY Phase 2 study of seralutinib in patients with pulmonary arterial hypertension (PAH).
  • Barnes & Noble Education, Inc. (NYSE:BNED) dipped 39.8% to $1.5350 after reporting downbeat Q2 earnings.
  • MEI Pharma, Inc. (NASDAQ:MEIP) fell 35% to $0.2543 after the company and Kyowa Kirin reported discontinuation of Zandelisib development outside of Japan following the recent FDA meeting.
  • Winc, Inc. (NYSE:WBEV) dropped 33% to $0.2773. NYSE American announced that the staff of NYSE Regulation determined to commence proceedings to delist the common stock of Winc from the Exchange.
  • Titan Medical Inc. (NASDAQ:TMDI) fell 31.2% to $0.58. Titan Medical implemented cost-cutting measures to support strategic review process.
  • China Automotive Systems, Inc. (NASDAQ:CAAS) dropped 27.8% to $5.67.
  • MMTec, Inc. (NASDAQ:MTC) dipped 27% to $1.0996
  • China Pharma Holdings, Inc. (NYSE:CPHI) declined 21.8% to $0.1274. China Pharma announced the acquisition of Dry Eye Disease Therapeutic Device Project.
  • Sunlands Technology Group (NYSE:STG) dropped 20.3% to $5.98.
  • Checkpoint Therapeutics, Inc. (NASDAQ:CKPT) fell 20% to $4.20. Checkpoint Therapeutics announced a 1-for-10 reverse stock split.
  • Mirati Therapeutics, Inc.. (NASDAQ:MRTX) shares fell 19.1% to $74.92 after the company announced late-breaking results evaluating concurrent adagrasib and pembrolizumab in first-line advanced/metastatic non-small cell lung cancer.
  • Herbalife Nutrition Ltd. (NYSE:HLF) dropped 19.2% to $14.15 after the company announced a convertible senior note offering of $250 million.
  • Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:SHPH) declined 18.5% to $2.4450.
  • Cosmos Holdings Inc. (NASDAQ:COSM) shares fell 17.7% to $0.4691 after gaining more than 6% on Monday.
  • Digital Brands Group, Inc. (NASDAQ:DBGI) declined 15.7% to $4.3402.
  • BioVie Inc. (NASDAQ:BIVI) fell 14.2% to $4.47 after the company reported results for NE3107 in Parkinson's and Alzheimer's Phase 2 trials.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) dropped 14.1% to $0.2570.
  • Anebulo Pharmaceuticals, Inc. (NASDAQ:ANEB) declined 13.7% to $2.9233. Anebulo Pharmaceuticals, last month, posted a Q1 loss of $0.11 per share.
  • China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) fell 12.6% to $0.6120 after declining around 7% on Monday.
  • Palomar Holdings, Inc. (NASDAQ:PLMR) dropped 11.5% to $52.40.
  • Canopy Growth Corporation (NASDAQ:CGC) fell 10.5% to $3.8650
  • Cyxtera Technologies, Inc. (NASDAQ:CYXT) fell 10.1% to $1.96.
  • Aurora Cannabis Inc. (NASDAQ:ACB) dropped 9.5% to $1.23. Aurora Cannabis recently repurchased $76.1 million principal amount of convertible notes.
  • Stitch Fix, Inc. (NASDAQ:SFIX) declined 9.2% to $3.6610.
  • Snap Inc. (NYSE:SNAP) fell 9% to $9.19.
  • Lucid Group, Inc. (NASDAQ:LCID) dropped 8.9% to $8.59
  • Top Ships Inc. (NASDAQ:TOPS) fell 7.8% to $2.0285. TOP Ships shares dipped more than 50% on Monday after the company priced a 6.8 million unit offering at $2 per unit.

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Posted In: ACB AMAM ANEB ATRO BIVI BNED BNGO BSGM BTB BTN CAAS CGC CKPT COSM CPHI CSPI CYXT DBGI FFIE GIII


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