Why Avalo Therapeutics Surged 32%; Here Are 111 Biggest Movers From Yesterday

Gainers

• AeroClean Technologies, Inc. (NASDAQ:AERC) gained 60.1% to settle at $7.27 on Tuesday after the company was granted US patent for an air treatment system and method.
• BBQ Holdings, Inc. (NASDAQ:BBQ) jumped 46.6% to close at $17.18 after the company announced MTY Food Group entered into a definitive merger agreement to acquire all of the outstanding shares of the company for $17.25 per share.
• Verona Pharma plc (NASDAQ:VRNA) shares climbed 44.3% to close at $10.03 on Tuesday after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results.
• FaZe Holdings Inc. (NASDAQ:FAZE) gained 42.4% to settle at $20.08 on continued volatility following the company's recent completion of its SPAC merger.
• Cuentas Inc. (NASDAQ:CUEN) gained 35.2% to close at $0.8543.
• Mersana Therapeutics, Inc. (NASDAQ:MRSN) shares climbed 33.3% to settle at $7.00. Mersana Therapeutics announced a global collaboration that provides GSK plc an exclusive option to co-develop and commercialize XMT-2056.
• Avalo Therapeutics, Inc. (NASDAQ:AVTX) gained 32.1% to settle at $5.18. Avalo Therapeutics has dosed the first patient in the pivotal LADDER trial to assess the efficacy and safety of AVTX-803 in Subjects with Leukocyte Adhesion Deficiency Type II (LAD II) ER).
• Akanda Corp. (NASDAQ:AKAN) climbed 30.2% to close at $1.25. Akanda will supply Cansativa with premium indoor cannabis flower grown at its Sintra facility in Portugal.
• Atara Biotherapeutics, Inc. (NASDAQ:ATRA) jumped 29.2% to close at $4.69 after reporting a profit for the second quarter.
• ReTo Eco-Solutions, Inc. (NASDAQ:RETO) jumped 25.9% to close at $0.9212 after the company announced its subsidiary REIT Ecological Technology has won the bid for the Longxi County Comprehensive Land Management and Logistics Zone EOD Project.
• DPCM Capital, Inc. (NYSE:QBTS) gained 24% to settle at $12.40. D-Wave Quantum is expected to release its financial results for the second quarter on Tuesday, August 16, 2022 after market close.
• PubMatic, Inc. (NASDAQ:PUBM) climbed 23.8% to close at $21.98 after reporting strong quarterly results.
• RenovoRx, Inc. (NASDAQ:RNXT) gained 23.6% to settle at $2.62.
• Tuesday Morning Corporation (NASDAQ:TUEM) gained 22.2% to close at $0.44 after gaining around 68% on Monday.
• Phathom Pharmaceuticals, Inc. (NASDAQ:PHAT) rose 21.5% to settle at $8.86.
• Nielsen Holdings plc (NYSE:NLSN) surged 21.3% to close at $27.54. Nielsen postponed court and special meetings of shareholders to permit finalization of preliminary agreement between consortium and The WindAcre Partnership LLC.
• Edgio, Inc. (NASDAQ:EGIO) gained 20.6% to settle at $3.39 after the company reported better-than-expected Q2 results.
• RumbleON, Inc. (NASDAQ:RMBL) jumped 19.4% to close at $24.41 after the company reported better-than-expected Q2 results.
• IDW Media Holdings, Inc. (NYSE:IDW) surged 18.3% to settle at $1.62.
• Performance Shipping Inc. (NASDAQ:PSHG) rose 17.8% to settle at $0.41.
• Ambac Financial Group, Inc. (NYSE:AMBC) gained 17.4% to close at $13.09 following upbeat Q2 results.
• ShockWave Medical, Inc. (NASDAQ:SWAV) climbed 17.1% to settle at $259.61 after the company reported better-than-expected Q2 EPS and sales results and raised FY22 sales guidance above analyst estimates.
• Ensysce Biosciences, Inc. (NASDAQ:ENSC) gained 16.4% to settle at $0.5333
• Ontrak, Inc. (NASDAQ:OTRK) shares climbed 16.1% to close at $0.79. Ontrak recently reported closing of registered direct offering for aggregate gross proceeds of $4.0 million.
• Tricida, Inc. (NASDAQ:TCDA) surged 15.5% to close at $12.47 following strong quarterly earnings.
• Heron Therapeutics, Inc. (NASDAQ:HRTX) gained 15.1% to close at $4.11 after the company posted upbeat quarterly sales and raised FY22 net product sales guidance.
• AlloVir, Inc. (NASDAQ:ALVR) jumped 14% to close at $8.00. The company recently released quarterly results.
• American Equity Investment Life Holding Company (NYSE:AEL) jumped 13% to close at $40.95 after the company reported better-than-expected Q2 EPS and sales results.
• Lemonade, Inc. (NYSE:LMND) shares rose 12.2% to close at $28.16 after the company reported better-than-expected Q2 results and issued sales guidance above estimates.
• Qualys, Inc. (NASDAQ:QLYS) climbed 12% to close at $142.70 after the company reported better-than-expected Q2 EPS and sales results and issued FY22 sales guidance above analyst estimates.
• PowerSchool Holdings, Inc. (NYSE:PWSC) gained 9.3% to settle at $16.89 after the company reported better-than-expected Q2 EPS and sales results. The company also issued Q3 and FY22 sales guidance above analyst estimates.
• Cerevel Therapeutics Holdings, Inc. (NASDAQ:CERE) climbed 8.1% to close at $39.77. Stifel maintained Cerevel Therapeutics with a Buy and raised the price target from $50 to $54.
• Nutex Health, Inc. (NASDAQ:NUTX) gained 8% to settle at $3.93.
• Luminar Technologies, Inc. (NASDAQ:LAZR) rose 7.7% to close at $8.52 after the company reported better-than-expected Q2 sales results.
• Viasat, Inc. (NASDAQ:VSAT) gained 7.3% to $37.30 after the company reported Q1 results.
• Principal Financial Group, Inc. (NYSE:PFG) gained 7.1% to settle at $73.69 after the company reported better-than-expected Q2 adjusted EPS results. Additionally, Morgan Stanley raised its price target from $65 to $68.
• Enovix Corporation (NASDAQ:ENVX) rose 5.2% to close at $14.41 after declining around 5% on Monday. JP Morgan recently initiated coverage on Enovix with an Overweight rating and announced a price target of $20.
• News Corporation (NASDAQ:NWSA) gained 5.2% to close at $18.27 after the company reported Q4 EPS results up year over year and better-than-expected sales results.

 

Losers

• Magic Empire Global Limited (NASDAQ:MEGL) dipped 89.5% to close at $12.32 on volatility following the company's IPO on Friday.
• CorMedix Inc. (NASDAQ:CRMD) fell 57.5% to close at $3.20 after the company announced it received a second Complete Response Letter from the FDA stating that the DefenCath NDA cannot be approved until certain deficiencies are resolved to the satisfaction of the FDA.
• Quanterix Corporation (NASDAQ:QTRX) shares fell 54.8% to close at $7.46 after the company announced Q2 results and provided an update on clinical development programs.
• Aytu BioPharma, Inc. (NASDAQ:AYTU) shares dipped 51.5% to close at $0.2814 after the company announced the launch of public offering.
• AMTD Digital Inc. (NYSE:HKD) dropped 47.7% to close at $212.00 on possible profit taking after the stock surged over the last few trading days.
• Medicenna Therapeutics Corp. (NASDAQ:MDNA) fell 46.6% to close at $0.95 after the company announced the launch of a marketed underwritten public offering of 13,333,334 units priced at $1.50 per unit.
• Avaya Holdings Corp. (NASDAQ:AVYA) dipped 45.5% to close at $0.6101 after the company issued Q3 EPS and sales guidance below analyst estimates.
• Vertex Energy, Inc. (NASDAQ:VTNR) declined 44.2% to settle at $7.80 after the company reported worse-than-expected Q2 EPS.
• SKYX Platforms Corp. (NASDAQ:SKYX) dropped 41.4% to close at $3.60. SKYX achieved historic U.S. standardization approval vote – a major milestone towards mandatory status for safety of consumers and professionals.
• Endo International plc (NASDAQ:ENDP) declined 39.7% to settle at $0.4030 after the company reported a 20% year-over-year drop in Q2 revenues and said it remains in negotiations with creditors. The company expects negotiations to result in a pre-arranged filing under Chapter 11 of the U.S. Bankruptcy Code.
• Senmiao Technology Limited (NASDAQ:AIHS) dipped 36.8% to close at $1.20 after the company reported ride-hailing platform operating metrics for July.
• Vroom, Inc. (NASDAQ:VRM) dropped 35.4% to close at $1.59 after the company reported worse-than-expected Q2 sales.
• DermTech, Inc. (NASDAQ:DMTK) declined 34.1% to close at $5.56 after the company reported worse-than-expected Q2 sales results.
• Turtle Beach Corporation (NASDAQ:HEAR) shares fell 31.8% to close at $9.54 after reporting downbeat second quarter financial results and announced an update to a strategic review.
• Novavax, Inc. (NASDAQ:NVAX) dipped 29.6% to close at $40.28 after the company reported second-quarter revenue decline of 37.6% year-over-year to $185.9 million. The company also lowered its sales forecast for the year.
• Oportun Financial Corporation (NASDAQ:OPRT) fell 28.5% to close at $7.70 following Q2 results.
• Intelligent Living Application Group Inc. (NASDAQ:ILAG) dropped 28.4% to close at $3.63.
• Assure Holdings Corp. (NASDAQ:IONM) fell 28% to settle at $1.72.
• eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR) shares declined 27.4% to close at $0.6520 on Tuesday. eFFECTOR Therapeutics appointed Douglas Warner, M.D., as chief medical officer.
• Eargo, Inc. (NASDAQ:EAR) dipped 27% to settle at $1.00 after the company posted a wider Q2 loss.
• Quanergy Systems, Inc. (NYSE:QNGY) fell 26.6% to close at $0.3302.
• Bonso Electronics International Inc. (NASDAQ:BNSO) fell 26.5% to close at $5.79 after gaining 65% on Monday.
• SOS Limited (NYSE:SOS) fell 26.3% to close at $7.30.
• Xilio Therapeutics, Inc. (NASDAQ:XLO) dropped 26.2% to close at $2.42 after the company provided an update of its preliminary Phase 1 dose-escalation data for XTX101. The company also reported Q2 financial results.
• CarGurus, Inc. (NASDAQ:CARG) fell 25.5% to close at $19.16 after the company issued weak forecast for the third quarter.
• Superior Group of Companies, Inc. (NASDAQ:SGC) declined 25.4% to end at $13.93 following downbeat quarterly earnings.
• Root, Inc. (NASDAQ:ROOT) fell 24.8% to close at $1.03 after the company reported Q2 results and announced a 1-for-18 reverse stock split.
• American Vanguard Corporation (NYSE:AVD) declined 24.3% to close at $18.29 after the company reported worse-than-expected Q2 sales results.
• TaskUs, Inc. (NASDAQ:TASK) dropped 24.3% to close at $17.73 after the company issued FY22 sales guidance below estimates.
• Workhorse Group Inc. (NASDAQ:WKHS) fell 24.2% to settle at $3.39 after the company reported Q2 earnings results and said it now expects to manufacture and sell between 150 to 250 vehicles and generate between $15 million to $25 million in revenue for calendar year 2022.
• Minerva Neurosciences, Inc. (NASDAQ:NERV) dropped 23.9% to close at $3.60 after the company reported Q2 earnings results.
• Artelo Biosciences, Inc. (NASDAQ:ARTL) dipped 23.6% to close at $0.2701 after the company reported Q3 EPS results were lower year over year. Also, the company announced a 15-for-1 reverse stock split.
• Westport Fuel Systems Inc. (NASDAQ:WPRT) declined 22.6% to close at $1.20 after reporting a Q2 loss.
• Palisade Bio, Inc. (NASDAQ:PALI) fell 22.1% to close at $0.4050.
• Evofem Biosciences, Inc. (NASDAQ:EVFM) dropped 22% to close at $0.6240.
• LivePerson, Inc. (NASDAQ:LPSN) fell 21.8% to close at $12.95 after the company reported worse-than-expected Q2 EPS and sales results. The company also lowered FY22 sales guidance below analyst estimates and issued Q3 sales guidance below estimates.
• National CineMedia, Inc. (NASDAQ:NCMI) dropped 21.6% to close at $1.3950 following Q2 results.
• Iveda Solutions, Inc. (NASDAQ:IVDA) fell 21.4% to close at $1.40. Iveda Solutions announced a $5 million private placement.
• AMTD IDEA Group (NYSE:AMTD) fell 20.8% to settle at $2.36 amid continued profit takin.
• Allbirds, Inc. (NASDAQ:BIRD) fell 19.2% to close at $4.58 after the company issued Q3 and FY22 sales guidance below estimates.
• Clover Health Investments, Corp. (NASDAQ:CLOV) fell 17.9% to close at $2.79 after the company reported financial results and reaffirmed full-year guidance.
• Standard BioTools Inc. (NYSE:LAB) declined 17.7% to settle at $1.68 following Q2 results.
• Wayfair Inc. (NYSE:W) dropped 17% to close at $59.61.
• Shift Technologies, Inc. (NASDAQ:SFT) fell 16.3% to close at $1.28.
• The Beauty Health Company (NASDAQ:SKIN) dipped 16.2% to settle at $12.80 after the company reported Q2 earnings results.
• Freshpet, Inc. (NASDAQ:FRPT) fell 15.1% to close at $47.84 after the company reported worse-than-expected Q2 EPS and sales results.
• 3D Systems Corporation (NYSE:DDD) shares fell 15% to settle at $11.26 after the company reported a loss for its second quarter and lowered its FY22 sales guidance.
• Trex Company, Inc. (NYSE:TREX) fell 15% to close at $54.28 following Q2 results.
• Bed Bath & Beyond Inc. (NASDAQ:BBBY) fell 14.2% to close at $9.79. Baird downgraded Bed Bath & Beyond from Neutral to Underperform and announced a $4 price target.
• Twist Bioscience Corporation (NASDAQ:TWST) dropped 14.2% to settle at $48.53. Twist Bioscience recently reported better-than-expected Q3 EPS and sales results and raised FY22 revenue guidance above analyst estimates.
• Aterian, Inc. (NASDAQ:ATER) fell 14.1% to close at $2.56 as the company reported second-quarter financial results.
• AdaptHealth Corp. (NASDAQ:AHCO) dipped 13.5% to settle at $22.24 after the company reported worse-than-expected Q2 EPS results.
• bluebird bio, Inc. (NASDAQ:BLUE) fell 13.3% to close at $5.50 after jumping 13% on Monday.
• Helios Technologies, Inc. (NASDAQ:HLIO) fell 13% to close at $61.15 after the company reported Q2 earnings results.
• Onto Innovation Inc. (NYSE:ONTO) declined 12.1% to close at $74.81 after Q2 results.
• Upstart Holdings, Inc (NASDAQ:UPST) fell 11.8% to close at $28.45 after the company reported Q2 results and issued Q3 sales guidance below estimates.
• Signet Jewelers Limited (NYSE:SIG) declined 11.7% to close at $59.75 after the company cut FY23 sales guidance below analyst estimates.
• ICU Medical, Inc. (NASDAQ:ICUI) fell 11.6% to close at $166.31 after the company reported worse-than-expected Q2 EPS and sales results.
• Synaptics Incorporated (NASDAQ:SYNA) dropped 11.3% to close at $128.78.
• ironSource Ltd. (NYSE:IS) fell 11.2% to settle at $4.20.
• Nikola Corporation (NASDAQ:NKLA) dropped 10.6% to close at $6.96 amid profit taking in clean energy vehicles stocks as well as broader risk-off sentiment.
• Coinbase Global, Inc. (NASDAQ:COIN) fell 10.6% to close at $87.68.
• Helbiz, Inc. (NASDAQ:HLBZ) fell 10.6% to close at $1.44 after jumping 115% on Monday.
• Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) dipped 10.5% to close at $12.10 after the company reported worse-than-expected Q2 results and issued Q3 guidance below estimates.
• Doximity, Inc. (NYSE:DOCS) fell 10.2% to settle at $36.49. Doximity recently lowered FY23 sales guidance.
• Guardant Health, Inc. (NASDAQ:GH) dipped 10.2% to close at $48.96.
• American Eagle Outfitters, Inc. (NYSE:AEO) fell 9% to close at $11.49.
• BIMI International Medical Inc. (NASDAQ:BIMI) shares fell 8.7% to close at $0.56. Fnu Oudom reported a stake of 44% in the company in a 13D filing.
• T2 Biosystems, Inc. (NASDAQ:TTOO) fell 6.9% to close at $0.1210. T2 Biosystems said it will explore potential to develop rapid molecular diagnostic test for monkeypox virus.
• 23andMe Holding Co (NASDAQ:ME) fell 6.3% to close at $3.73 after the company reported worse-than-expected Q2 EPS results.
• TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) fell 5.4% to close at $1.22. TOMI Environmental Solutions shares jumped over 29% on Monday after the company highlighted its SteraMist as a disinfectant against the Monkeypox virus.
• Ralph Lauren Corporation (NYSE:RL) fell 4.3% to close at $96.77 following Q1 results.
• Tesla, Inc. (NASDAQ:TSLA) fell 2.4% to close at $850.00.