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Benzinga
Benzinga
Business
Lisa Levin

Why Bank Stocks Traded Sharply Higher; Here Are 65 Biggest Movers From Friday

Gainers

  • United Maritime Corporation (NASDAQ:USEA) shares climbed 175.9% to close at $6.07 on Friday. United Maritime, on Tuesday, announced acquisition of four oil tankers and filed for stock offering on Wednesday.
  • Vertical Aerospace Ltd. (NYSE:EVTL) shares jumped 72.4% to close at $5.00 after the company announced FLYINGGROUP has conditionally pre-ordered up to 50 VX4 aircrafts.
  • ITHAX Acquisition Corp. (NASDAQ:ITHX) gained 40.6% to close at $13.99.
  • Nymox Pharmaceutical Corporation (NASDAQ:NYMX) jumped 38.9% to close at $0.30 after declining over 36% on Thursday. NYMOX received deficiency letter from NASDAQ.
  • Vigil Neuroscience, Inc. (NASDAQ:VIGL) gained 31.6% to close at $5.92.
  • Cemtrex, Inc. (NASDAQ:CETX) rose 30.7% to close at $0.4069 after gaining over 5% on Thursday.
  • Auddia Inc. (NASDAQ:AUUD) gained 30% to close at $1.30.
  • Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) rose 28.3% to close at $1.09.
  • NexImmune, Inc. (NASDAQ:NEXI) climbed 24.5% to close at $1.83 after the company received Investigational New Drug (IND) clearance from the U.S. Food and Drug Administration (FDA) for its first cellular therapy product candidate NEXI-003 addressing solid tumors..
  • Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) gained 24.4% to settle at $10.01. Morgan Stanley maintained a Hold rating on the stock and raised its price target form $4 to $8.
  • Datasea Inc. (NASDAQ:DTSS) gained 23.8% to settle at $2.18, amid a drop in Treasury yields, which has helped lift growth stocks.
  • EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) rose 21.6% to close at $9.91 after the company announced data from its Phase 1 Durasert and Vorolanib in Ophthalmology clinical trial evaluating EYP-1901.
  • NuCana plc (NASDAQ:NCNA) gained 21.5% to close at $1.30.
  • Velo3D, Inc. (NYSE:VLD) rose 20% to close at $2.64.
  • Sol-Gel Technologies Ltd. (NASDAQ:SLGL) jumped 19.2% to close at $5.47.
  • American Rebel Holdings, Inc. (NASDAQ:AREB) rose 19.1% to close at $1.06.
  • Greenbrook TMS Inc. (NASDAQ:GBNH) rose 17.6% to close at $1.67.
  • Pinterest, Inc. (NYSE:PINS) rose 16.2% to close at $20.40 following a WSJ report suggesting Elliott Management has been in discussions with the company.
  • Sonim Technologies, Inc. (NASDAQ:SONM) rose 15.4% to close at $0.6806. Sonim Technologies CEO Peter Liu Hao reported the purchase of 952,381 shares at an average price of $0.84 per share.
  • Sypris Solutions, Inc. (NASDAQ:SYPR) gained 15% to close at $ 2.45.
  • DraftKings Inc. (NASDAQ:DKNG) gained 14.6% to close at $12.86 amid a rebound in the overall market.
  • Power REIT (NYSE:PW) jumped 14% to close at $13.45.
  • Citigroup Inc. (NYSE:C) jumped 13.2% to close at $49.98 after the company reported better-than-expected Q2 EPS and sales results.
  • Lion Group Holding Ltd. (NASDAQ:LGHL) rose 13% to close at $1.48.
  • ToughBuilt Industries, Inc. (NASDAQ:TBLT) rose 10.5% to close at $2.64 after gaining 10% on Thursday. ToughBuilt Industries recently announced its Q2 gross sales through Amazon were $3.56 million, representing a 20% year-over-year increase.
  • IsoPlexis Corporation (NASDAQ:ISO) rose 10.4% to close at $3.30.
  • VOXX International Corporation (NASDAQ:VOXX) gained 9.2% to close at $7.11. VOXX International recently reported worse-than-expected Q1 sales results.
  • Digital Media Solutions, Inc. (NYSE:DMS) rose 7.9% to close at $1.23.
  • The Bank of New York Mellon Corporation (NYSE:BK) gained 7.3% to close at $43.41 after the company reported better-than-expected Q2 sales results.
  • Bank of America Corporation (NYSE:BAC) rose 7% to settle at $32.25. Shares of banks and financial services companies traded higher as investors assessed this week's earnings report from several notable companies in the sector.
  • 180 Life Sciences Corp. (NASDAQ:ATNF) gained 6.5% to close at $1.14. 180 Life Sciences, last month, received a written response from the U.K.'s regulatory agency and U.S. FDA related to questions submitted in a Type C meeting request for anti-TNF treatment, adalimumab, to treat early-stage Dupuytren's disease.
  • Wells Fargo & Company (NYSE:WFC) rose 6.2% to close at $41.13 after the company reported Q2 earnings.
  • UnitedHealth Group Incorporated (NYSE:UNH) rose 5.4% to close at $529.75 as the company reported Q2 FY22 sales of $80.3 billion, up 13% Y/Y, beating the consensus of $79.68 billion, with double-digit growth at both Optum and UnitedHealthcare.
  • U.S. Bancorp (NYSE:USB) gained 5.2% to close at $46.57 after the company reported Q2 financial results.
  • Morgan Stanley (NYSE:MS) gained 4.5% to close at $78.05. Shares of banks and financial services companies traded higher as investors assessed this week's earnings report from several notable companies in the sector.
  • The Goldman Sachs Group, Inc. (NYSE:GS) rose 4.4% to close at $293.87. Goldman Sachs Group is set to give its latest quarterly earnings report on Monday.

 

Losers

  • Codexis, Inc. (NASDAQ:CDXS) shares dipped 44.7% to close at $6.67 on Friday after the company issued Q2 and FY22 sales guidance below analyst estimates.
  • Capstone Green Energy Corporation (NASDAQ:CGRN) fell 34.6% to close at $1.5950.
  • Synthetic Biologics, Inc. (NYSE:SYN) dipped 30% to close at $0.1630 after the company announced a 1-for-10 reverse stock split.
  • BIMI International Medical Inc. (NASDAQ:BIMI) fell 28.9% to close at $0.44. BIMI recently entered into definitive agreement to acquire Phenix Bio Inc. for $1.8 million.
  • Swvl Holdings Corp. (NASDAQ:SWVL) dipped 27.8% to settle at $2.31.
  • COMSovereign Holding Corp. (NASDAQ:COMS) fell 22.4% to close at $0.1190.
  • First Wave BioPharma, Inc. (NASDAQ:FWBI) fell 21.4% to close at $0.1570 after the company announced a private placement.
  • ProKidney Corp. (NASDAQ:PROK) declined 20% to settle at $7.02.
  • ATI Physical Therapy, Inc. (NYSE:ATIP) dropped 19.9% to settle at $1.25.
  • Evofem Biosciences, Inc. (NASDAQ:EVFM) fell 17.9% to close at $0.8780. Morgan Stanley maintained Evofem Biosciences with an Underweight and lowered the price target from $2 to $0.75.
  • 10x Genomics, Inc. (NASDAQ:TXG) fell 17.1% to close at $35.90 after the company issued Q2 sales guidance below estimates.
  • InMed Pharmaceuticals Inc. (NASDAQ:INM) fell 16.6% to close at $0.37. InMed Pharmaceuticals recently received Nasdaq notification regarding minimum bid price compliance.
  • Harsco Corporation (NYSE:HSC) fell 15.3% to close at $4.91 after the company updated its expected financial results for Q2 and FY22 outlook. The company expects Q2 U.S. GAAP operating loss from continuing operations of $(95) million - $(97) million (prior view for income of $17 million - $22 million).
  • QualTek Services Inc. (NASDAQ:QTEK) dipped 15.2% to close at $1.12.
  • CEL-SCI Corporation (NYSE:CVM) declined 14.3% to close at $3.84.
  • Innovative Industrial Properties, Inc. (NYSE:IIPR) fell 14% to close at $95.70.
  • Plug Power Inc. (NASDAQ:PLUG) fell 12.9% to close at $15.46.
  • Maxeon Solar Technologies, Ltd. (NYSE:MAXN) fell 12.6% to close at $10.74.
  • Quhuo Limited (NASDAQ:QH) fell 12.1% to close at $0.3106.
  • American Outdoor Brands, Inc. (NASDAQ:AOUT) fell 11.2% to close at $8.37. American Outdoor Brands recently reported a fourth-quarter sales decline of 28.8% year-over-year to $45.89 million, beating the consensus of $45.49 million.
  • McEwen Mining Inc. (NYSE:MUX) fell 11% to close at $0.3561.
  • Clever Leaves Holdings Inc. (NASDAQ:CLVR) fell 9.6% to close at $1.23.
  • Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) fell 9.4% to close at $10.49.
  • Sentage Holdings Inc. (NASDAQ:SNTG) fell 8.4% to close at $0.6299 after jumping over 20% on Thursday.
  • Spectrum Brands Holdings, Inc. (NYSE:SPB) dropped 8.4% to close at $66.71. Raymond James recently initiated coverage on Spectrum Brands with a Market Perform rating.
  • XORTX Therapeutics Inc. (NASDAQ:XRTX) fell 7.6% to close at $1.70. XORTX recently announced topline results from Part 1 of the 3 part Pharmacokinetics Bridging Study showed a substantial increase in oral bioavailability of two versions of its proprietary oxypurinol formulation.
  • Adverum Biotechnologies, Inc. (NASDAQ:ADVM) dropped 5.7% to close at $1.65 as the company announced new data from the OPTIC study of ADVM-022 for wet age-related macular degeneration (wet AMD) during the American Society of Retina Specialists 2022 Annual Meeting.
  • TDH Holdings, Inc. (NASDAQ:PETZ) fell 5.4% to close at $2.83. TDH Holdings announced on Tuesday the withdrawal of its registration statement. The company will not proceed with its proposed offering.
  • The Alkaline Water Company Inc. (NASDAQ:WTER) fell 5.2% to close at $0.4700.
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