55 Stocks Moving In Wednesday's Mid-Day Session

Author: Lisa Levin | December 02, 2020 01:19pm

Gainers

Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) shares jumped 42.7% to $5.82. Merrimack Pharmaceuticals, last month, reported a loss for the third quarter.
Tredegar Corporation (NYSE:TG) climbed 28.9% to $21.39 after the company declared a special dividend of $5.97 per share.
Kingsway Financial Services Inc. (NYSE:KFS) shares climbed 26.7% to $3.84. Kingsway Financial Services reported the closing of its acquisition of PWI Holdings, Inc.
Independence Contract Drilling, Inc. (NYSE:ICD) gained 26.1% to $4.45.
Sequans Communications S.A. (NYSE:SQNS) climbed 24.2% to $5.63.
Sequential Brands Group Inc (NASDAQ:SQBG) shares jumped 23.3% to $11.61 after the company announced relaunch of broad review of strategic alternatives.
Ashford Hospitality Trust, Inc. (NYSE:AHT) shares jumped 18.7% to $2.505 after declining 20% on Tuesday.
Ayala Pharmaceuticals, Inc. (NASDAQ:AYLA) gained 18.2% to $11.80 after Noble Capital Markets initiated coverage on the stock with an Outperform rating and announced a price target of $29 per share.
Intec Pharma Ltd (NASDAQ:NTEC) surged 17.9% to $3.7150.
Cogent Biosciences, Inc. (NASDAQ:COGT) gained 16.2% to $12.17 as the company reported pricing of upsized public offering of shares of common stock.
Nxt-ID, Inc. (NASDAQ:NXTD) shares climbed 15% to $0.4712.
Callon Petroleum Company (NYSE:CPE) rose 14.8% to $10.95.
Mohawk Group Holdings Inc (NASDAQ:MWK) gained 14.4% to $7.88 after the company announced it would acquire 4 e-commerce brands and issued FY21 sales guidance.
Spotify Technology S.A. (NYSE:SPOT) gained 13.7% to $324.00.
F-star Therapeutics, Inc. (NASDAQ:FSTX) surged 13.4% to $8.95 after gaining 12% on Tuesday.
Tuniu Corporation (NASDAQ:TOUR) gained 12.6% to $2.4101. Tuniu shares dipped over 24% on Tuesday after the company reported Q3 results..
Patterson Companies, Inc. (NASDAQ:PDCO) surged 12.5% to $31.15 after the company reported better-than-expected Q2 results.
BlackBerry Limited (NYSE:BB) gained 12.1% 7.85. BlackBerry shares shot jumped over 19% on Tuesday after the company announced a new partnership with Amazon.com for its new intelligent vehicle data platform in a multi-year global agreement.
Sundial Growers Inc. (NASDAQ:SNDL) shares gained 11.3% to $0.7263 after declining over 10% on Tuesday. Sundial recently reported elimination of senior secured second lien convertible notes.
Sio Gene Therapies, Inc. (NASDAQ:SIOX) surged 11.3% to $2.5823 after the company said first patient was dosed in high-dose cohort of AXO-AAV-GM1 clinical trial in patients with GM1 gangliosidosis.
NetApp Inc. (NASDAQ:NTAP) rose 9.7% to $59.41 as the company posted stronger-than-expected earnings for its second quarter and issued an upbeat earnings guidance for the third quarter.
Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) climbed 9.5% to $13.51 after the FDA approved HETLIOZ® (tasimelteon) for the treatment of nighttime sleep disturbances in smith-magenis syndrome.
iBio, Inc. (NASDAQ:IBIO) shares gained 9% to $1.5804. iBio has been selected to produce ATB Therapeutics' bioengineered antibody-toxin fusion proteins.
fuboTV Inc. (NYSE:FUBO) rose 7.8% to $28.83 after the company announced acquisition of Balto Sports.
Vapotherm Inc (NYSE:VAPO) gained 5.9% to $26.57 after the company raised its Q4 sales guidance.
Mesoblast Limited (NASDAQ:MESO) rose 5% to $15.86 as the company reported that the FDA has granted Fast Track designation for Remestemcel-L for treatment of acute respiratory distress syndrome due to COVID-19.
BioNTech SE (NASDAQ:BNTX) gained 4.6% to $119.20. Pfizer and its German partner BioNTech said Wednesday they have received regulatory approval in the United Kingdom for their COVID-19 vaccine.

Check out these big penny stock gainers and losers

Losers

Ovid Therapeutics Inc. (NASDAQ:OVID) shares dipped 55% to $2.9950 after the company announced topline results from the Phase 3 NEPTUNE study of OV101 for the treatment of Angelman syndrome, showing the study did not meet the primary endpoint of change in overall score on the Clinical Global Impression-Improvement-Angelman syndrome. Citigroup downgraded Ovid Therapeutics from Buy to Neutral and lowered the price target from$10 to $4.
Auris Medical Holding Ltd. (NASDAQ:EARS) fell 31.5% to $3.5773 after the company priced an $8 million offering at $4 per share. Auris Medical shares jumped 371% on Tuesday after the company reported positive efficacy data for its AM-301 in protecting against Sars Covid-19 infections.
Workhorse Group Inc. (NASDAQ:WKHS) shares fell 22.1% to $19.66 on news of a delay for the long-awaited U.S. Postal Service contract. The USPS is delaying its contract decision on the USPS replacement vehicles, according to Trucks.com.
iRhythm Technologies, Inc. (NASDAQ:IRTC) declined 19.4% to $193.97. iRhythm Technologies yesterday received positive national guidance in first of its kind digital health pilot with the National Institute for Health and Care Excellence.
FuelCell Energy, Inc. (NASDAQ:FCEL) fell 19.1% to $7.32 after the company announced a common stock offering of 34.5 million shares at $6.50 per share.
ReneSola Ltd (NYSE:SOL) fell 19.1% to $6.38 after the company reported downbeat quarterly sales.
Canaan Inc. (NASDAQ:CAN) dropped 18% to $3.8550. Canaan, on Monday, reported Q3 financial results.
Medigus Ltd. (NASDAQ:MDGS) shares fell 17% to $1.90 after the company priced its $13 million underwritten public offering of ADSs.
Mogo Inc. (NASDAQ:MOGO) dropped 16% to $2.7199. Mogo yesterday highlighted a 135% month-over-month increase in bitcoin volume traded on its platform in November.
BlueCity Holdings Limited (NASDAQ:BLCT) fell 16% to $12.14 following Q3 earnings.
Arlo Technologies, Inc. (NYSE:ARLO) fell 15.9% to $5.80 after climbing 31% on Tuesday.
Corsair Gaming, Inc. (NASDAQ:CRSR) dipped 15.3% to $34.09. Cowen & Co. downgraded Corsair Gaming from Outperform to Market Perform and raised the price target from $32 to $37.
Reata Pharmaceuticals Inc (NASDAQ:RETA) shares declined 13.1% to $132.00 after the company announced a 2 million share common stock offering.
Acasti Pharma Inc. (NASDAQ:ACST) shares fell 12.9% to $0.3180 after jumping over 25% on Tuesday.
Gores Metropoulos, Inc. (NASDAQ:GMHI) fell 12.9% to $14.80.
Palantir Technologies Inc. (NYSE:PLTR) fell 12.8% to $22.37 after declining 5% on Tuesday.
Shattuck Labs, Inc. (NASDAQ:STTK) shares dipped 12.2% to $28.51.
Moleculin Biotech, Inc. (NASDAQ:MBRX) fell 12% to $0.8708. Moleculin Biotech shares gained 27% on Tuesday after the company announced FDA approved 3 rare pediatric disease designations for WP1066.
QuantumScape Corporation (NYSE:QS) dropped 11.6% to $31.32 after declining 25% on Tuesday.
Second Sight Medical Products, Inc. (NASDAQ:EYES) fell 10.7% to $1.3398 after jumping over 54% on Tuesday.
Allena Pharmaceuticals Inc (NASDAQ:ALNA) shares dropped 9.4% to $1.2050 after the company announced a $13 million bought-deal offering.
Lufax Holding Ltd (NYSE:LU) shares fell 9.4% to $15.20 after the company reported a Q3 net profit of $318 million.
China Automotive Systems, Inc. (NASDAQ:CAAS) fell 8.2% to $7.97. China Automotive Systems shares dropped 17% on Tuesday after hearing that Greenridge downgraded the stock to a Sell rating.
salesforce.com, inc. (NYSE:CRM) fell 7.6% to $223.07. salesforce.com reported better-than-exp results for its third quarter and raised its FY21 sales forecast. The company also confirmed plans to acquire Slack Technologies in a $27.7 billion deal.
Lordstown Motors Corp. (NASDAQ:RIDE) fell 7.4% to $21.68 after declining 5% on Tuesday.
Box Inc (NYSE:BOX) shares fell 7.4% to $17.17 after the company reported Q3 earnings results and issued Q4 sales guidance below estimates.
SuperCom Ltd. (NASDAQ:SPCB) fell 7.1% to $1.04 after declining 7% on Tuesday. SuperCom launched new $1.2 million national electronic monitoring project in Europe.
Twist Bioscience Corp (NASDAQ:TWST) fell 5% to $112.16 after the company reported a $250 million offering..