Benzinga - by Lisa Levin, Benzinga Editor.
Gainers
SuperCom Ltd. (NASDAQ: SPCB) shares jumped 89% to $0.6805, after falling 13% on Monday.
SMX (Security Matters) Public Limited Company (NASDAQ: SMX) shares climbed 87.1% to $3.18 after the company announced it secured a majority stake in True Gold Consortium.
PowerFleet, Inc. (NASDAQ: PWFL) gained 42% to $2.80. Powerfleet and MiX Telematics entered into a definitive agreement to form one of the largest mobile asset Internet of Things Software-as-a-Service providers in the world.
SaverOne 2014 Ltd (NASDAQ: SVRE) rose 31.1% to $0.7010.
Intrusion Inc. (NASDAQ: INTZ) gained 30.4% to $0.4565. Intrusion has been awarded a $5 million agreement with a large telecommunications provider to provide Intrusion Shield support for its data centers.
Startek, Inc. (NYSE: SRT) gained 29.1% to $4.21 as the company agreed to be acquired by funds managed by CSP Management Limited for $4.30 per share in cash.
CISO Global Inc. (NASDAQ: CISO) shares climbed 29.1% to $0.18. CISO Global said its Argo Edge Cloud Security Platform has been independently valued at $49 million.
Mobilicom Limited (NASDAQ: MOB) climbed 27.1% to $1.8050, after gaining more than 11% on Monday.
PGT Innovations, Inc. (NYSE: PGTI) surged 21.8% to $31.92.
NanoString Technologies, Inc. (NASDAQ: NSTG) gained 20.7% to $1.4506 after the company disclosed third-quarter preliminary results and a reorganization designed to accelerate its path to profitability.
Erasca, Inc. (NASDAQ: ERAS) rose 20.6% to $2.6550.
Processa Pharmaceuticals, Inc. (NASDAQ: PCSA) climbed 19% to $0.2209.
MDxHealth SA (NASDAQ: MDXH) gained 18.5% to $2.82. MDxHealth reported preliminary revenues of $19.3 million for the third quarter, representing an increase of 73% year over year.
Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX) shares surged 15.5% to $1.1550. Lexicon Pharmaceuticals said INPEFA received preferred formulary status with Express Scripts for Medicare patients.
ContraFect Corporation (NASDAQ: CFRX) rose 13.4% to $0.5108, after surging more than 12% on Monday.
Canopy Growth Corporation (NASDAQ: CGC) gained 13% to $0.7733. Canopy Growth received EU GMP certification from RP Tuebingen, Regional Health Inspectorate of Baden-Wuerttemberg for its cannabis cultivation facility in Kincardine, Ontario.
Coherent Corp. (NYSE: COHR) climbed 12% to $34.73 after the company announced Denso Corporation and Mitsubishi Electric Corporation have agreed to invest an aggregate $1 billion in its silicon carbide business.
Opendoor Technologies Inc. (NASDAQ: OPEN) gained 8% to $2.6250.
Rackspace Technology, Inc. (NASDAQ: RXT) gained 8.1% to $1.67.
Hyatt Hotels Corporation (NYSE: H) gained 5.6% to $110.33 after it was announced the company will join the S&P MidCap 400.
Immunic, Inc. (NASDAQ: IMUX) shares rose 5.6% to $1.68 after the company announced interim data from its phase 2 CALLIPER trial of nuclear receptor-related 1 (Nurr1) activator, vidofludimus calcium (IMU-838), in patients with progressive multiple sclerosis (PMS).
Unity Software Inc. (NYSE: U) shares surged 4.1% to $30.92 after the company announced a CEO transition. Unity announced that John Riccitiello will retire as chairman, president and CEO, effective immediately.
Losers
Akero Therapeutics, Inc. (NASDAQ: AKRO) shares fell 63.9% to $17.52 after the company reported a 36-week analysis of its Phase 2b SYMMETRY study evaluating the efficacy and safety of its lead product candidate efruxifermin.
Athersys, Inc. (NASDAQ: ATHX) dipped 46% to $0.1620 after the company reported interim analysis results of MASTERS-2 clinical study with multistem in ischemic stroke and signed a Memorandum of Understanding for global ARDS license with Healios.
89bio, Inc. (NASDAQ: ETNB) fell 37.7% to $9.68.
HUB Cyber Security Ltd. (NASDAQ: HUBC) fell 32% to $0.4547.
Gamer Pakistan Inc. (NASDAQ: GPAK) declined 27% to $1.63. Gamer Pakistan priced its IPO at $4 per share.
ParaZero Technologies Ltd. (NASDAQ: PRZO) shares declined 23.7% to $2.06. ParaZero Technologies shares jumped 133% on Monday after the company announced an Australian regulator approved first commercial drone flights in populated areas and near people using ParaZero safety systems..
Ventyx Biosciences, Inc. (NASDAQ: VTYX) dipped 22.1% to $23.38 after the company announced results from the Phase 2 trial of VTX002 in patients with moderate-to-severely active ulcerative colitis.
Molekule Group, Inc. (NASDAQ: MKUL) shares fell 21.7% to $0.1009 after gaining around 5% on Monday.
Maris-Tech Ltd. (NASDAQ: MTEK) fell 21.6% to $1.09.
Maison Solutions Inc. (NASDAQ: MSS) fell 20% to $5.20, after dipping 11% on Monday.
Fitell Corporation (NASDAQ: FTEL) fell 15.3% to $1.60.
Nxu, Inc. (NASDAQ: NXU) declined 14% to $0.1290
Phoenix Motor Inc. (NASDAQ: PEV) fell 11.3% to $1.40, after surging 58% on Monday. Phoenix Motor said its EdisonFuture subsidiary launched new Proton Exchange Membrane (PEM) solutions for green hydrogen products and production.
Safe and Green Development Corporation (NASDAQ: SGD) declined 11.3% to $1.2501.
John Wiley & Sons, Inc. (NYSE: WLY) declined 10.4% to $31.02 after reporting a CEO transition.
Falcon's Beyond Global, Inc. (NASDAQ: FBYD) fell 9.6% to $13.50.
Lipella Pharmaceuticals Inc. (NASDAQ: LIPO) fell 9.5% to $0.95.
RVL Pharmaceuticals plc (NASDAQ: RVLP) shares fell 9.2% to $0.1732, after jumping over 50% on Monday.
Groupon, Inc. (NASDAQ: GRPN) fell 9% to $13.83.
Borqs Technologies, Inc. (NASDAQ: BRQS) fell 8.6% to $0.9649 after declining more than 13% on Monday. Borqs Technologies recently announced a 1-for-12 reverse stock split.
VIA optronics AG (NYSE: VIAO) fell 8.5% to $1.18.
PagerDuty, Inc. (NYSE: PD) declined 3.7% to $21.03 after the company announced a proposed private placement of $350 million of convertible senior notes.
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