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Why IMARA Jumped Around 75%; Here Are 54 Biggest Movers From Yesterday

Published 08/09/2022, 10:26
Updated 08/09/2022, 11:10
© Reuters.  Why IMARA Jumped Around 75%; Here Are 54 Biggest Movers From Yesterday

Gainers

  • IMARA Inc. (NASDAQ: IMRA) jumped 74.8% to settle at $2.01 on Wednesday after the company announced it entered into an asset purchase agreement with Cardurion Pharmaceuticals to sell tovinontrine and other assets of its PDE9 program for $34.75 million upfront.
  • Azure Power Global Limited (NYSE: AZRE) shares jumped 35.4% to close at $4.86. Azure Power Global recently announced the resignation of Harsh Shah as CEO.
  • SelectQuote, Inc. (NYSE: SLQT) rose 28.8% to close at $1.43.
  • Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH) gained 27.7% to close at $36.40 amid post-IPO volatility.
  • Spero Therapeutics, Inc. (NASDAQ: SPRO) shares jumped 26.6% to close at $1.43. Spero Therapeutics shares jumped over 55% on Tuesday after the company received minutes from a Type A meeting with the FDA discussing steps required to resubmit the marketing application for tebipenem HBr.
  • a.k.a. Brands Holding Corp. (NYSE: AKA) gained 23.7% to settle at $2.92 amid overall market strength as stocks rebound from recent weakness.
  • Pingtan Marine Enterprise Ltd. (NASDAQ: PME) climbed 23.3% to close at $0.8998.
  • Nutex Health, Inc. (NASDAQ: NUTX) gained 21.9% to close at $3.17.
  • Molecular Templates, Inc. (NASDAQ: MTEM) rose 21.8% to close at $0.83. Molecular Templates said on August 31, it received notice from Nasdaq that the company no longer meets minimum bid price requirement.
  • Reata Pharmaceuticals, Inc. (NASDAQ: RETA) jumped 21.1% to settle at $27.07.
  • Amyris, Inc. (NASDAQ: AMRS) gained 19.6% to settle at $3.24.
  • Latch, Inc. (NASDAQ: LTCH) jumped 19.2% to close at $1.24.
  • Tupperware Brands Corporation (NYSE: TUP) gained 19.2% to settle at $8.77 amid overall market strength as stocks rebound from recent weakness.
  • Vicarious Surgical Inc. (NASDAQ: RBOT) rose 18.8% to close at $4.37. Vicarious Surgical, last month, posted a Q2 loss of $0.16 per share.
  • Biophytis S.A. (NASDAQ: BPTS) shares gained 18.1% to close at $1.11 after the company released topline results from its phase 2-3 COVA study evaluating Sarconeos (BIO101) in treating COVID-19-related respiratory failure.
  • Glaukos Corporation (NYSE: GKOS) climbed 18.5% to close at $57.01 after the company announced topline data for both Phase 3 pivotal trials of iDose TR that successfully achieved its pre-specified primary efficacy endpoints through 3 months in both Phase 3 trials and demonstrated excellent tolerability and a favorable safety profile through 12 months.
  • Coupa Software Incorporated (NASDAQ: COUP) jumped 17.9% to close at $65.82 as the company posted better-than-expected results for its second quarter and issued strong forecast for FY23. The company also announced a $100 million buyback program.
  • Quoin Pharmaceuticals, Ltd. (NASDAQ: QNRX) shares gained 17.8% to close at $3.91 after Alliance Global Partners initiated coverage on the stock with a Buy rating and a $20 price target.
  • Aquestive Therapeutics, Inc. (NASDAQ: AQST) rose 17.6% to close at $1.47. Oppenheimer initiated coverage on Aquestive Therapeutics with an Outperform rating and announced a price target of $8.5.
  • Seres Therapeutics, Inc. (NASDAQ: MCRB) rose 17% to close at $6.32. Seres Therapeutics announced completion of rolling BLA submission to the FDA for investigational microbiome therapeutic SER-109 for recurrent C. Difficile infection.
  • SAI.TECH Global Corporation (NASDAQ: SAI) jumped 15.3% to close at $5.42.
  • Sidus Space, Inc. (NASDAQ: SIDU) gained 14.7% to close at $3.05 after the company announced that it has signed a launch agreement with SpaceX for five launches, beginning in early 2023.
  • GitLab Inc. (NASDAQ: GTLB) surged 14.3% to settle at $54.16 following Q2 results.
  • SunPower Corporation (NASDAQ: SPWR) gained 14.4% to close at $27.37.
  • Academy Sports and Outdoors, Inc. (NASDAQ: ASO) jumped 14% to close at $47.81. Academy Sports And Outdoors reported a second-quarter FY22 sales decline of 5.8% year-on-year to $1.69 billion.
  • Penumbra, Inc. (NYSE: PEN) gained 13.2% to close at $185.90. Penumbra, last month, reported better-than-expected Q2 EPS and sales results.
  • Baudax Bio, Inc. (NASDAQ: BXRX) rose 12.9% to close at $0.3399 after declining over 7% on Tuesday. Baudax Bio recently announced the pricing of a $6.2 million public offering.
  • SolarEdge Technologies, Inc. (NASDAQ: SEDG) jumped 11.9% to close at $311.36. Shares of several solar companies at large traded higher in possible reaction to the recent signing of the Inflation Reduction Act. The European gas crisis could also be positively impacting solar stocks, as countries look for alternatives to gas.
  • Tempur Sealy International, Inc. (NYSE: TPX) gained 11.6% to settle at $27.24.
  • Unico American Corporation (NASDAQ: UNAM) gained 9.5% to close at $1.84.
  • bioAffinity Technologies, Inc. (NASDAQ: BIAF) gained 6.7% to close at $5.75 after dropping around 24% on Tuesday. The company, last week, priced its IPO at $6.125 per unit.
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Losers

  • Great Panther Mining Limited (NYSE: GPL) dipped 60.1% to close at $0.3232 on Wednesday. Great Panther recently announced it will file a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (Canada).
  • CleanTech Acquisition Corp. (NASDAQ: CLAQ) shares fell 28.5% to close at $6.77 after the company reported shareholder voting results in 8K filing.
  • NewAge, Inc. (NASDAQ: NBEV) shares fell 25.2% to close at $0.0935 after dipping over 15% on Tuesday. The company recently announced it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code.
  • First Wave BioPharma, Inc. (NASDAQ: FWBI) shares fell 23.2% to close at $3.24 after jumping around 33% on Tuesday. First Wave BioPharma recently announced a 1:30 reverse stock split.
  • Veru Inc. (NASDAQ: VERU) declined 21.1% to close at $11.51. Traders circulate word FDA decision on the company’s COVID treatment coming on Oct. 6.
  • BioSig Technologies, Inc. (NASDAQ: BSGM) dropped 18.8% to settle at $0.8201.
  • Presidio Property Trust, Inc. (NASDAQ: SQFT) fell 16.8% to close at $1.73. Presidio Property Trust recently declared Q3 dividend and adopted variable dividend policy.
  • Avalo Therapeutics, Inc. (NASDAQ: AVTX) dropped 15% to settle at $4.99.
  • AdTheorent Holding Company, Inc. (NASDAQ: ADTH) fell 15% to close at $2.32.
  • American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT (LON:AVCT)) declined 14.8% to close at $0.1875. American Virtual Cloud Technologies recently announced an equity distribution agreement to offer and sell up to $14.7 million shares of common stock.
  • Golden Path Acquisition Corporation (NASDAQ: GPCO) dropped 13.4% to close at $8.88.
  • Kaspien Holdings Inc. (NASDAQ: KSPN) fell 12.2% to close at $2.23.
  • FaZe Holdings Inc. (NASDAQ: FAZE) fell 11.9% to close at $12.10.
  • Korn Ferry (NYSE: KFY) fell 11.6% to close at $53.24 following downbeat quarterly earnings.
  • UiPath Inc. (NYSE: PATH) fell 11.2% to close at $13.84 after the company issued Q3 and FY23 sales guidance below analyst estimates.
  • Mobile Global Esports Inc. (NASDAQ: MGAM) dropped 10.3% to close at $2.45.
  • John Wiley & Sons, Inc. (NYSE: WLY) fell 9.8% to close at $41.58 after the company reported worse-than-expected Q1 EPS and sales results.
  • Vacasa, Inc. (NASDAQ: VCSA) fell 8.4% to close at $3.69.
  • Cogent Communications Holdings, Inc. (NASDAQ: CCOI) declined 8.3% to close at $49.63. Cogent Communications agreed to snap T-Mobile US, Inc's (NASDAQ: NASDAQ:TMUS) Wireline Business.
  • AMTD Digital Inc. (NYSE: HKD) dropped 8.2% to settle at $63.27.
  • Vermilion Energy Inc. (NYSE: VET) fell 7.6% to close at $23.26 amid a drop in oil prices as economic concerns weigh on demand outlook.
  • G-III Apparel Group, Ltd. (NASDAQ: GIII) dropped 5.6% to close at $18.73 after the company posted downbeat quarterly earnings and lowered FY23 forecast.
  • GameStop Corp . (NYSE: NYSE:GME) fell 4.4% to close at $24.04. The company released quarterly earnings after the closing bell on Wednesday.
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Read at Benzinga

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