Why Vaxxinity Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Author: Avi Kapoor | April 22, 2024 01:26pm

Shares of Vaxxinity, Inc. (NASDAQ:VAXX) fell sharply during Monday's session after the company announced its intention to voluntarily delist and deregister its Class A common stock.

Vaxxinity shares dipped 54.8% to $0.2150 on Monday.

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

Gainers

• Matterport, Inc. (NASDAQ:MTTR) shares jumped 184% to $4.93. CoStar Group announced plans to acquire Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion value.
• NewGenIvf Group Limited (NASDAQ:NIVF) climbed 126% to $1.67 after the company signed a non-binding term sheet for a potential reverse merger with European Wellness Investment Holdings.
• Moolec Science SA (NASDAQ:MLEC) shares climbed 88.4% to $2.5950 after the company announced that it received USDA approval for plant-grown animal proteins.
• Tungray Technologies Inc (NASDAQ:TRSG) gained 48.8% to $5.95 after surging around 49% on Friday. The company priced its IPO at $4 per share.
• SuperCom Ltd. (NASDAQ:SPCB) shares gained 46% to $0.3212 after the company reported better-than-expected fourth-quarter results.
• AGBA Group Holding Limited (NASDAQ:AGBA) climbed 42% to $1.7742.
• Edible Garden AG Incorporated (NASDAQ:EDBL) jumped 39% to $5.23 after the company announced it regained compliance with the Nasdaq bid price requirement.
• POET Technologies Inc. (NASDAQ:POET) jumped 29.8% to $1.35.
• Graphjet Technology (NASDAQ:GTI) climbed 27.6% to $8.61. Graphjet Technology’s Tham Choi Kuen, CFO, announced the decision to resign due to health reasons, effective immediately.
• Assure Holdings Corp. (NASDAQ:IONM) rose 25% to $0.55 after dipping more than 30% on Friday.
• Smart for Life, Inc. (NASDAQ:SMFL) climbed 23% to $4.13.
• Jaguar Health, Inc. (NASDAQ:JAGX) gained 23% to $0.1936.
• WANG & LEE GROUP, Inc. (NASDAQ:WLGS) climbed 21.7% to $0.73. Wang & Lee Group, last week, reported a year-over-year increase in FY23 financial results.
• Onfolio Holdings, Inc. (NASDAQ:ONFO) climbed 20.8% to $0.52.
• Complete Solaria, Inc. (NASDAQ:CSLR) shares gained 17.4% to $0.5281 amid recent volatility in the stock. Chairman T.J. Rodgers said he converted $5 million of his CSLR debt to equity as an indication of his belief in the company.
• NKGen Biotech, Inc. (NASDAQ:NKGN) climbed 14.8% to $1.2750.
• MicroStrategy Incorporated (NASDAQ:MSTR) gained 11.2% to $1,305.56 amid a rise in Bitcoin.
• Sea Limited (NYSE:SE) gained 10.4% to $60.79 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $62 to $70.
• Ingevity Corporation (NYSE:NGVT) rose 8.7% to $48.30. Jefferies analyst Daniel Rizzo upgraded Ingevity from Hold to Buy and raised the price target from $52 to $62.
• Riot Platforms, Inc. (NASDAQ:RIOT) rose 7.9% to $9.85 amid a rise in Bitcoin.
• Coinbase Global, Inc. (NASDAQ:COIN) gained 6.5% to $224.72 amid a rise in Bitcoin.

Losers

• Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA) fell 40.4% to $1.2515 after the company announced that it began wind-down activities in its Phase 2b “ASCEND-NASH Trial.
• Akso Health Group (NASDAQ:AHG) fell 26.2% to $0.7001.
• Warrantee Inc. (NASDAQ:WRNT) fell 24.2% to $0.3223. Warrantee announced receipt of Nasdaq delisting determination and plan to appeal.
• Bio-Path Holdings, Inc. (NASDAQ:BPTH) fell 22.3% to $3.3350. Bio-Path recently announced closing of $1.2 million registered direct offering priced at-the-market under Nasdaq rules.
• Inhibikase Therapeutics, Inc. (NASDAQ:IKT) dipped 19.5% to $1.64.
• Jin Medical International Ltd. (NASDAQ:ZJYL) fell 18.8% to $3.1502
• Indonesia Energy Corporation Limited (NYSE:INDO) shares declined 15.4% to $4.25 after gaining 23% on Friday. Indonesia Energy, last month, filed for mixed shelf offering of up to $50 million.
• Virgin Galactic Holdings, Inc. (NYSE:SPCE) fell 14% to $0.7357. Virgin Galactic recently announced it is considering a reverse stock split with a range between 1-for-2 and 1-for-20.
• Sunshine Biopharma, Inc. (NASDAQ:SBFM) shares fell 13.7% to $1.5250 after dipping 47% on Friday. Sunshine Biopharma's Nora Pharma received Health Canada approval for Niopeg.
• Mobile-health Network Solutions (NASDAQ:MNDR) fell 11.9% to $24.01. Mobile-health Network Solutions said it sees 1H revenue of $6 million versus $3 million year over uear.
• Connexa Sports Technologies Inc. (NASDAQ:YYAI) fell 10.9% to $1.2515.
• AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) declined 9.7% to $0.1480 after gaining 9% on Friday. AgriForce Growing Systems was granted Australian patent number 2018215090 titled “High Fiber, High Protein, Low Carbohydrate Flour, Sweetened Liquid, Sweeteners, Cereals, And Methods For Production Thereof.”
• Energy Fuels Inc. (NYSE:UUUU) declined 9.7% to $5.26. Energy Fuels entered into definitive scheme implementation deed with Base Resources for the acquisition of all issued shares for A$375 million.
• Tellurian Inc. (NASDAQ:TELL) dipped 9.6% to $0.4478.
• Applied Optoelectronics, Inc. (NASDAQ:AAOI) fell 9.5% to $10.96. Applied Optoelectronics is expected to release financial results for its first quarter ended March 31, 2024 on May 9, 2024.
• FuelCell Energy, Inc. (NASDAQ:FCEL) fell 9.3% to $0.8023.
• Mingteng International Corporation Inc. (NASDAQ:MTEN) fell 6.5% to $3.45 after gaining over 5% on Friday. Mingteng International, last week, priced its IPO at $4.00 per share.
• Li Auto Inc. (NASDAQ:LI) fell 6.2% to $24.74. Shares of Chinese EV stocks traded lower after Tesla reduced vehicle prices in China.
• Tesla, Inc. (NASDAQ:TSLA) fell 3.2% to $142.24 after the company reduced vehicle prices in the US, Germany and China.

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