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News

Why Agenus Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Author: Avi Kapoor | April 08, 2024 01:10pm

Shares of Agenus Inc. (NASDAQ:AGEN) fell sharply during Monday’s session.

Agenus disclosed a 1-for-20 reverse stock split of common stock.

Agenus Inc. (NASDAQ:AGEN) declined 17% to $0.4181 on Monday.

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

Gainers

  • Auddia Inc. (NASDAQ:AUUD) shares jumped 231.7% to $4.72 after the company announced the USPTO awarded it with U.S. Patent 11,935,520 for the core AI technology the company uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers.
  • Longeveron Inc. (NASDAQ:LGVN) shares climbed 93.2% to $4.2499 after the company submitted paperwork for a share offering.
  • UTime Limited (NASDAQ:WTO) gained 56.8% to $0.29 after the company completed a private placement.
  • U Power Limited (NASDAQ:UCAR) climbed 48% to $6.96 after the company announced announced that its battery-swapping and sharing model for two-wheeled and light four-wheeled electric vehicles is poised for a formal commercial rollout in Wuhu, Anhui Province, China.
  • Arrowroot Acquisition Corp. (NASDAQ:ARRW) rose 38.2% to $19.53.
  • Destiny Tech100 Inc. (NASDAQ:DXYZ) jumped 33.8% to $79.30 after jumping around 77% on Friday.
  • TechPrecision Corporation (NASDAQ:TPCS) rose 29.8% to $4.2837 after the company announced the termination of the agreement to acquire Votaw Precision Technologies.
  • Adlai Nortye Ltd. (NASDAQ:ANL) gained 27.9% to $10.68.
  • Connexa Sports Technologies Inc. (NASDAQ:CNXA) surged 26.8% to $0.3801.
  • AXT, Inc. (NASDAQ:AXTI) rose 25.7% to $3.9089. AXT said it sees preliminary revenue of $22.4 million to $22.7 million for the first quarter.
  • Titan Pharmaceuticals, Inc. (NASDAQ:TTNP) climbed 24.4% to $8.70.
  • Apartment Income REIT Corp. (NYSE:AIRC) gained 22.6% to $38.47. Blackstone Real Estate will take AIR Communities private for approximately $10 billion.
  • GD Culture Group Limited (NASDAQ:GDC) rose 22% to $1.1195.
  • Outset Medical, Inc. (NASDAQ:OM) gained 19.4% to $2.4492. BTIG analyst Maria Thibault initiated coverage on Outset Medical with a Buy rating and announced a price target of $6.
  • Dogness (International) Corporation (NASDAQ:DOGZ) gained 18.2% to $9.53.
  • Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) rose 17.6% to $0.3999. Last week, Galmed Pharmaceuticals filed annual report on Form 20-F for the fiscal year ended Dec. 31, 2023.
  • Ducommun Incorporated (NYSE:DCO) surged 17.5% to $57.11 after the company confirmed that its Board of Directors received an unsolicited non-binding indication of interest from Albion River LLC.
  • Mesoblast Limited (NASDAQ:MESO) rose 13.8% to $6.60.
  • Perpetua Resources Corp. (NASDAQ:PPTA) climbed 13.5% to $5.40 after the company announced it received indication for up to $1.8 billion in financing from the Export-Import Bank of the United States for the Stibnite Gold Project.
  • AltC Acquisition Corp. (NASDAQ:ALCC) gained 13.1% to $14.82. Oklo signed a LOI to supply 50 megawatts of power to Diamondback Energy.
  • WW International, Inc. (NASDAQ:WW) rose 12.7% to $1.8697.
  • MicroStrategy Incorporated (NASDAQ:MSTR) gained 10.9% to $1,595.72 amid a rise in Bitcoin.
  • Model N, Inc. (NYSE:MODN) rose 10.7% to $30.00 after the company announced it will be acquired by Vista Equity Partners for $1.25 billion.
  • A-Mark Precious Metals, Inc. (NASDAQ:AMRK) gained 10.3% to $36.10.
  • Coinbase Global, Inc. (NASDAQ:COIN) surged 8.1% to $260.41 amid a rise in the price of Bitcoin.
  • BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) gained 8% to $1.1119.
  • Antelope Enterprise Holdings Limited (NASDAQ:AEHL) shares rose 7.4% to $1.60 after declining 5% on Friday. On April 1, Antelope Enterprise announced preliminary full year 2023 revenue of $70.4 million.
  • Fastly, Inc. (NASDAQ:FSLY) gained 5.9% to $13.27. Piper Sandler analyst James Fish upgraded Fastly from Neutral to Overweight and lowered the price target from $19 to $16.

Losers

  • 22nd Century Group, Inc. (NASDAQ:XXII) fell 45.4% to $1.95. 22nd Century Group shares jumped over 140% on Friday after the company signed a new contract manufacturing agreement for the production of branded conventional cigarette products.
  • Perion Network Ltd. (NASDAQ:PERI) dipped 36% to $13.51 after the company slashed FY24 revenue guidance.
  • MediaCo Holding Inc. (NASDAQ:MDIA) fell 29.1% to $2.75. Shares of MediaCo Holding jumped 177% on Friday after a 13D amended filing showed Standard General L.P. reported a 95.2% stake in the company as of April 1, 2024.
  • SuperCom Ltd. (NASDAQ:SPCB) fell 24.3% to $0.2175.
  • Selina Hospitality PLC (NASDAQ:SLNA) fell 23.7% to $0.0420.
  • DatChat, Inc. (NASDAQ:DATS) fell 20.5% to $1.16.
  • HUB Cyber Security Ltd. (NASDAQ:HUBC) dipped 18% to $1.26. HUB Cyber Security recently announced $8 million in financing via a straight debt arrangement.
  • Agenus Inc. (NASDAQ:AGEN) declined 17% to $0.4181. Agenus disclosed a 1-for-20 reverse stock split of common stock.
  • TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) fell 16.2% to $0.2139.
  • Conifer Holdings, Inc. (NASDAQ:CNFR) dipped 15.9% to $0.8995. Cullen/Frost Bankers is scheduled to host a conference call on Thursday, April 25, 2024 to discuss first quarter 2024 earnings.
  • HWH International Inc. (NASDAQ:HWH) fell 15.6% to $1.3408.
  • Murano Global Investments Plc (NASDAQ:MRNO) fell 11.8% to $9.79.
  • Globavend Holdings Limited (NASDAQ:GVH) shares fell 11.2% to $1.4567 after jumping 57% on Friday.
  • CCSC Technology International Holdings Limited (NASDAQ:CCTG) shares fell 11.2% to $3.00 after surging around 28% on Friday.
  • Reliance Global Group, Inc. (NASDAQ:RELI) fell 10.8% to $0.4327. Reliance Global, last week, reported FY23 earnings.
  • ZOOZ Power Ltd. (NASDAQ:ZOOZ) fell 9.5% to $3.6675.
  • Douglas Dynamics, Inc. (NYSE:PLOW) fell 8.2% to $22.03. Baird analyst Timothy Wojs downgraded Douglas Dynamics from Outperform to Neutral and lowered the price target from $36 to $25.
  • Trump Media & Technology Group Corp. (NYSE:DJT) fell 7.4% to $37.60.
  • Paramount Global (NASDAQ:PARA) fell 7.1% to $11.12.
  • Dell Technologies Inc. (NYSE:DELL) fell 4.1% to $127.22.

 

Now Read This: This Analyst With 86% Accuracy Rate Sees More Than 16% Upside In Intel - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

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