40 Stocks Moving In Wednesday's Mid-Day Session

Gainers

• Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares jumped 116.6% to $12.82 after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.
• Revlon, Inc. (NYSE: REV) surged 47% to $8.91 on continued volatility following the company's recent bankruptcy filing. The stock has also been circulated as a short squeeze candidate.
• JX Luxventure Limited (NASDAQ: LLL) gained 39.2% to $2.0750. JX Luxventure announced a $5 million buyback and also signed a $30 million sales agreement.
• U.S. Well Services, Inc. (NASDAQ: USWS) rose 35.1% to $0.9711 after ProFrac Holding Corp. (NASDAQ: PFHC) announced plans to acquire the company for $1.21 per share in an all-stock deal.
• Exela Technologies, Inc. (NASDAQ: XELA) gained 32.4% to $0.1804 after the company announced a new customer win of $136 million in total contract value.
• Phoenix Motor Inc. (NASDAQ: PEV) gained 31.6% to $4.50.
• 22nd Century Group, Inc. (NASDAQ: XXII) surged 27.9% to $2.0850. The FDA has cleared Juul rivals to keep tobacco-flavored e-cigarettes on the market, according to Dow Jones.
• Boxed, Inc. (NYSE: BOXD) jumped 26% to $2.0300.
• Quotient Limited (NASDAQ: QTNT) rose 24.1% to $0.4636. Quotient said it expects to report reagent business generated product sales of $9.8m in the fourth quarter of Fiscal 2022. The company also sees FY22 revenue of $38.5 million.
• Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) surged 23.7% to $33.91.
• Medicenna Therapeutics Corp. (NASDAQ: MDNA) jumped 22.7% to $1.03 after reporting fiscal year 2022 results.
• Worksport Ltd. (NASDAQ: WKSP) jumped 20.7% to $2.2571 after the company launched storefronts on Amazon (NASDAQ:AMZN), eBay (NASDAQ:EBAY) and Walmart (NYSE:WMT) Marketplace.
• Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT) gained 18.3% to $0.7337 on abnormally-high volume.
• Sorrento Therapeutics, Inc. (NASDAQ: SRNE) gained 17.7% to $2.4485.
• Wave Life Sciences Ltd. (NASDAQ: WVE) shares gained 17% to $2.41. Wave Life Sciences recently announced pricing of $70.0 million underwritten offering.
• Invitae Corporation (NYSE: NVTA) jumped 15.8% to $2.62.
• RedHill Biopharma Ltd. (NASDAQ: RDHL) gained 15.5% to $0.78. RedHill Biopharma was granted U.S. Patent #11,364,227 Sphingosine kinase 2 inhibitor for treating coronavirus infection.
• Aclarion, Inc. (NASDAQ: ACON) jumped 15.5% to $0.94.
• TScan Therapeutics, Inc. (NASDAQ: TCRX) gained 15% to $3.2650.
• Codex DNA, Inc. (NASDAQ: DNAY) rose 14.3% to $2.4450 after declining 10% on Tuesday.
• Epizyme, Inc. (NASDAQ: EPZM) jumped 13.2% to $0.8995.
• Precision BioSciences, Inc. (NASDAQ: DTIL) shares rose 12.5% to $1.5650 as the company reported a $50 million offering of common stock and announced in vivo gene editing collaboration with Novartis to develop potentially curative treatment for disorders including sickle cell disease.
• F-star Therapeutics, Inc. (NASDAQ: FSTX) jumped 11.7% to $4.00.
• Talkspace, Inc. (NASDAQ: TALK) gained 7% to $1.69.
• La-Z-Boy Incorporated (NYSE: LZB) rose 5% to $23.85 after the company reported upbeat results for its fourth quarter and issued strong sales forecast for the first quarter.

_newTouch_app_install_inline_banner_title

_newTouch_app_install_inline_banner_text

_newTouch_app_install_inline_banner_button

Losers

• Athira Pharma, Inc. (NASDAQ: ATHA) shares tumbled 66.8% to $2.8038 after the company reported that the primary endpoint of change in biomarker ERP P300 latency was not statistically significant from its exploratory ACT-AD Phase 2 study of fosgonimeton.
• Alexco Resource Corp. (NYSE: AXU) dipped 34.8% to $0.5276.
• Neptune Wellness Solutions Inc. (NASDAQ: NEPT) fell 32.4% to $1.96 after the company announced a $5 million registered direct offering.
• Electric Last Mile Solutions, Inc. (NASDAQ: ELMS) dipped 17.9% to $0.2378.
• Micro Focus International (LON:MCRO) plc (NYSE: MFGP) fell 16.6% to $3.5950.
• ProFrac Holding Corp. (NASDAQ: PFHC) declined 13.5% to $18.59. ProFrac Holding announced plans to acquire U.S. Well Services for $1.21 per share in an all-stock deal.
• Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) dropped 13.1% to $1.7115. Kaival Brands recently reached an agreement with Phillip Morris for international electronic nicotine delivery system product distribution.
• G Medical Innovations Holdings Ltd (NASDAQ: GMVD) fell 13% to $0.8350.
• 4D pharma plc (NASDAQ: LBPS) declined 12.5% to $1.54.
• Redbox Entertainment Inc. (NASDAQ: RDBX) dropped 11% to $10.32.
• Tellurian Inc. (NASDAQ: TELL) declined 10.2% to $3.3050.
• Borr Drilling Limited (NYSE: BORR) shares fell 9.5% to $5.51 following a 10% surge on Tuesday.
• IMV Inc. (NASDAQ: IMV) fell 8.9% to $0.6598. IMV reported a $10 million drawdown from its existing long-term debt facility.
• Centennial Resource Development, Inc. (NASDAQ: CDEV) fell 7% to $6.91.
• AgEagle Aerial Systems, Inc. (NYSE: UAVS) fell 6% to $0.7252. AgEagle Aerial Systems shares jumped 33% on Tuesday after the company announced the European Union Aviation Safety Agency issued a Design Verification Report (DVR) establishing that the eBee X meets Ground Risk Class M2 mitigation qualifications.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga