Why U Power Shares Are Trading Lower By Around 54%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Author: Lisa Levin | December 04, 2023 02:10pm

Shares of U Power Limited (NASDAQ:UCAR) shares moved lower during Monday’s session after the company announced pricing of registered follow-on offering of 10 million units at a purchase price of $1.20 per unit.

U Power shares dipped 54% to $0.7090 on Monday.

Here are some other stocks moving in today's mid-day session.

Gainers

• EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) shares jumped 211.3% to $20.58 after the company announced the Phase 2 DAVIO 2 trial of EYP-1901 in wet AMD achieved all primary and secondary endpoints.
• Hawaiian Holdings, Inc. (NASDAQ:HA) shares climbed 187% to $14.03 after Alaska Air Group, Inc. (NYSE:ALK) announced plans to acquire the company in a deal worth $1.9 billion.
• Alterity Therapeutics Limited (NASDAQ:ATHE) shares climbed 156% to $4.25 after the company announced that ATHE434 new data in a Parkinson's disease primate model were presented at the Future of Parkinson's Disease Conference 2023.
• SilverSun Technologies, Inc. (NASDAQ:SSNT) gained 142.7% to $8.91 after the company announced Jacobs Private Equity II and minority co-investors will invest $1 billion in the company.
• Bit Brother Limited (NASDAQ:BETS) rose 86.3% to $0.0723 after surging 43% on Friday. Bit Brother said it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoin mining operations.
• Lucy Scientific Discovery Inc. (NASDAQ:LSDI) shares jumped 72.2% to $0.3530.
• View, Inc. (NASDAQ:VIEW) gained 52.3% to $1.5701.
• Mawson Infrastructure Group, Inc. (NASDAQ:MIGI) rose 29.8% to $1.17.
• Marpai, Inc. (NASDAQ:MRAI) jumped 28.3% to $1.9250.
• CEL-SCI Corporation (NYSE:CVM) surged 25.6% to $2.6009. The UK'S National Institute for Health and Care Excellence selected CEL-SCI's Multikine as a potential new standard of care for head & neck cancer.
• Cutera, Inc. (NASDAQ:CUTR) gained 25.3% to $2.33.
• BIOLASE, Inc. (NASDAQ:BIOL) jumped 24.5% to $1.42.
• Marpai, Inc. (NASDAQ:MRAI) rose 24% to $1.86. Marpai confirmed it has filed an appeal to NASDAQ Delisting Letter.
• Beyond Meat, Inc. (NASDAQ:BYND) rose 23.6% to $9.36.
• Altimmune, Inc. (NASDAQ:ALT) climbed 23% to $4.3850.
• Ocular Therapeutix, Inc. (NASDAQ:OCUL) gained 23% to $3.2950.
• B. Riley Financial, Inc. (NASDAQ:RILY) rose 19.4% to $24.09. Bryant R. Riley reported sale of most of its stake in Arena Group to Arena.
• Terns Pharmaceuticals, Inc. (NASDAQ:TERN) gained 16.8% to $6.10.
• CleanSpark, Inc. (NASDAQ:CLSK) climbed 16.1% to $8.87amid a weekend increase in the price of Bitcoin.
• Newegg Commerce, Inc. (NASDAQ:NEGG) gained 15.5% to $2.08.
• Mercurity Fintech Holding Inc. (NYSE:MFH) jumped 15.4% to $1.12.
• Carvana Co. (NYSE:CVNA) gained 15.3% to $40.56 after JP Morgan upgraded the stock from Underweight to Neutral and raised its price target from $25 to $40.
• TeraWulf Inc. (NASDAQ:WULF) climbed 12.5% to $1.54 amid a weekend surge in the price of Bitcoin.
• Marathon Digital Holdings, Inc. (NASDAQ:MARA) gained 11.4% to $15.26 amid a weekend surge in the price of Bitcoin.
• Spotify Technology S.A. (NYSE:SPOT) gained 8.6% to $196.07. Spotify CEO Daniel Ek announced significant organizational changes, including reducing the company's headcount by approximately 17%.
• Soluna Holdings, Inc. (NASDAQ:SLNH) shares rose 7.7% to $3.6530 after gaining 9% on Friday.
• Science Applications International Corporation (NYSE:SAIC) gained 6.9% to $128.20 after the company reported third-quarter financial results and raised FY24 guidance above estimates.

Losers

• NexImmune, Inc. (NASDAQ:NEXI) fell 32.9% to $4.0619.
• Meta Materials Inc. (NASDAQ:MMAT) declined 30.4% to $0.0765. Meta Materials announced a $6.0 million registered direct offering.
• Clean Earth Acquisitions Corp. (NASDAQ:CLIN) fell 29.5% to $6.86.
• Volato, Inc. (NYSE:SOAR) fell 28% to $10.44. Volato announced an agreement with Fly Alliance, to offer expanded aircraft options to its Gulfstream G280, HondaJet and Volato Insider Program Max customers.
• Reborn Coffee, Inc. (NASDAQ:REBN) declined 24.4% to $0.5387.
• Garden Stage Limited (NASDAQ:GSIW) fell 20.6% to $8.10 after surging 155% on Friday. Garden Stage announced pricing of initial public offering.
• Dune Acquisition Corporation (NASDAQ:DUNE) fell 19% to $6.00.
• Minim, Inc. (NASDAQ:MINM) fell 18.4% to $2.6015.
• FOXO Technologies Inc. (NYSE:FOXO) shares fell 16.7% to $0.3404 after gaining over 22% on Friday. FOXO Technologies issued a business update on the planned commercial rollout of its new direct-to-consumer (DTC) app, the VITHAR™ AI Health Coach.
• NLS Pharmaceutics AG (NASDAQ:NLSP) dipped 16.6% to $0.5087 after jumping 39% on Friday. NLS Pharmaceutics launched an exclusive option agreement to develop and commercialize next generation dual orexin agonist platform of Aexon Labs.
• Virgin Galactic Holdings, Inc. (NYSE:SPCE) fell 16.2% to $1.96 following a report suggesting founder Richard Branson will not put any more money into the company.
• Vivos Therapeutics, Inc. (NASDAQ:VVOS) fell 15.4% to $16.83 after dipping 19% on Friday. Vivos Therapeutics recently received FDA 510(k) clearance for treating severe obstructive sleep apnea in adults using the Vivos' removable CARE oral appliances.
• Alaska Air Group, Inc. (NYSE:ALK) fell 15.1% to $33.72. Alaska Air Group announced plans to acquire Hawaiian Holdings in a deal worth $1.9 billion.
• Neumora Therapeutics, Inc. (NASDAQ:NMRA) declined 14.8% to $10.49.
• MINISO Group Holding Limited (NYSE:MNSO) dipped 11.6% to $21.42.
• Cuentas Inc. (NASDAQ:CUEN) shares fell 8.1% to $1.3973 after gaining over 18% on Friday.
• Sana Biotechnology, Inc. (NASDAQ:SANA) declined 8% to $3.72.
• Nokia Oyj (NYSE:NOK) fell 7.6% to $3.2250.
• Palantir Technologies Inc. (NYSE:PLTR) declined 7.2% to $18.82.
• Kanzhun Limited (NASDAQ:BZ) fell 7% to $14.85.

 

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Posted In: ALK ALT ATHE BETS BIOL BYND BZ CLIN CLSK CUEN CUTR CVM CVNA DUNE EYPT FOXO GSIW HA LSDI MARA