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Benzinga
Benzinga
Business
Lisa Levin

Why Shares Of Oil & Gas Companies Are Trading Lower, Here Are 62 Stocks Moving In Friday's Mid-Day Session

Gainers

  • Kiromic BioPharma, Inc. (NASDAQ:KRBP) shares jumped 87% to $0.4791. Kiromic BioPharma, said on Sept. 15, that the company received letter from the Nasdaq that co. has been granted 180-day extension to March 13, 2023 to regain compliance.
  • Athersys, Inc. (NASDAQ:ATHX) surged 43% to $1.67 after the company announced it entered into amended agreements to extend the exercise period of the warrants that were issued as part of a recent registered direct offering.
  • Snow Lake Resources Ltd. (NASDAQ:LITM) shares gained 30.4% to $2.9990 following news the company will collaborate with an LG unit to form a North American supply chain for lithium.
  • American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) rose 23.4% to $0.3847 after surging around 45% on Thursday.
  • Minim, Inc. (NASDAQ:MINM) gained 20.3% to $0.2892.
  • Global Cord Blood Corporation (NYSE:CO) shares climbed 18% to $2.62.
  • Sonendo, Inc. (NYSE:SONX) gained 16% to $1.0601. Sonendo announced a private placement of common stock and pre-funded warrants, resulting in gross proceeds of $63 million led by a consortium of new and existing investors.
  • HHG Capital Corporation (NASDAQ:HHGC) shares rose 15.6% to $11.85.
  • XORTX Therapeutics Inc. (NASDAQ:XRTX) gained 13.3% to $1.0650.
  • 374Water, Inc. (NASDAQ:SCWO) rose 13.2% to $3.17.
  • Trio-Tech International (NYSE:TRT) rose 12.7% to $4.6024. Trio-Tech Intl posted Q4 earnings of $0.19 per share.
  • Eloxx Pharmaceuticals, Inc. (NASDAQ:ELOX) jumped 12.6% to $0.1799.
  • WaveDancer, Inc. (NASDAQ:WAVD) gained 12.2% to $0.8720. Tellenger Inc., a subsidiary of WaveDancer, announced that they have been awarded a three-year contract by a National Security Agency.
  • T2 Biosystems, Inc. (NASDAQ:TTOO) rose 12.1% to $0.1002 after the company announced a distribution agreement in the Baltic Region. The company will sell T2Dx Instruments, along with T2Bacteria, T2Candida and T2Resistance Panels through the distributor.
  • Vertical Aerospace Ltd. (NYSE:EVTL) gained 11.7% to $7.00.
  • Qualigen Therapeutics, Inc. (NASDAQ:QLGN) fell 10.4% to $0.31.
  • Forge Global Holdings, Inc. (NYSE:FRGE) gained 8.4% to $2.2550.
  • Rubius Therapeutics, Inc. (NASDAQ:RUBY) rose 8.3% to $0.4925 after declining 7% on Thursday. Rubius Therapeutics recently discontinued ongoing Phase 1 trials of RTX-240 and RTX-224 in advanced solid tumors.
  • Alvotech (NASDAQ:ALVO) gained 6.7% to $6.97.
  • D-Wave Quantum Inc. (NYSE:QBTS) surged 6.4% to $6.15.
  • Regencell Bioscience Holdings Limited (NASDAQ:RGC) gained 6% to $33.37.
  • Domino's Pizza, Inc. (NYSE:DPZ) rose 3.2% to $330.43. BMO Capital upgraded Domino's Pizza from Market Perform to Outperform.


Losers

  • Avenue Therapeutics, Inc. (NASDAQ:ATXI) shares dipped 35% to $4.29 after the company received the official meeting minutes from the FDA regarding a meeting conducted for IV Tramadol in combination with other opioid analgesics to manage moderate-to-moderately severe pain. Concurrently, Avenue Therapeutics announced that it would effect a 1-for-15 reverse stock split.
  • Splash Beverage Group, Inc. (NASDAQ:SBEV) dipped 33% to $1.3001 after the company announced pricing of a $3.1 million public offering of 2 million shares of common stock at $1.55 per share.
  • Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) fell 28.4% to $0.4547 after the FDA Oncologic Drugs Advisory Committee voted 9-4 that the current benefits of poziotinib did not outweigh its risks.
  • REE Automotive Ltd. (NASDAQ:REE) dropped 24.6% to $0.7982.
  • Panbela Therapeutics, Inc. (NASDAQ:PBLA) fell 23.1% to $0.2730 after surging over 46% on Thursday.
  • Silver Crest Acquisition Corporation (NASDAQ:SLCR) fell 22% to $7.16.
  • Cuentas Inc. (NASDAQ:CUEN) dropped 21.6% to $0.50.
  • Color Star Technology Co., Ltd. (NASDAQ:CSCW) dropped 21% to $0.0525. Color Star Technology, announced on September 23, 2022, that it will effect a 40-for-1 reverse share split of its ordinary shares.
  • Heliogen, Inc. (NYSE:HLGN) fell 19.3% to $1.7334.
  • CohBar, Inc. (NASDAQ:CWBR) dipped 18.6% to $3.4201. CohBar recently announced a 1-for-30 reverse stock split.
  • EZFill Holdings Inc. (NASDAQ:EZFL) dropped 18.5% to $0.5301. EzFill announced expansion to Jacksonville.
  • Artivion, Inc. (NYSE:AORT) dropped 18.1% to $15.16 after the company announced that it has stopped the PROACT Xa clinical trial.
  • Cassava Sciences, Inc. (NASDAQ:SAVA) fell 17.1% to $42.31 after the company reported it has not received any "termination letter" or the like from any government agency regarding any confidential requests for corporate information and documents.
  • Surrozen, Inc. (NASDAQ:SRZN) dropped 16.3% to $2.00.
  • View, Inc. (NASDAQ:VIEW) fell 15.8% to $1.70.
  • Meta Data Limited (NYSE:AIU) dipped 15.9% to $0.8660.
  • Code Chain New Continent Limited (NASDAQ:CCNC) fell 15.8% to $0.16.
  • SOBR Safe, Inc. (NASDAQ:SOBR) fell 15.6% to $1.46.
  • Crown ElectroKinetics Corp. (NASDAQ:CRKN) fell 15% to $0.3402.
  • Petros Pharmaceuticals, Inc. (NASDAQ:PTPI) declined 13.9% to $0.4666. Petros Pharmaceuticals, last month, posted a Q2 loss of $0.09 per share.
  • Nauticus Robotics, Inc. (NASDAQ:KITT) dropped 13.4% to $4.47.
  • Vallon Pharmaceuticals, Inc. (NASDAQ:VLON) dropped 13% to $0.3030.
  • Edap Tms SA (NASDAQ:EDAP) shares fell 12.6% to $7.49 after the company priced a roughly 2.66 million ADS public offering at $7.50 per ADS.
  • Oil States International, Inc. (NYSE:OIS) dipped 12.6% to $3.66.
  • Equitrans Midstream Corporation (NYSE:ETRN) fell 12.4% to $8.15.
  • Kosmos Energy Ltd. (NYSE:KOS) dropped 12.2% to $4.98. Shares of several oil & gas companies traded lower amid strength in the dollar and increased fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.
  • Altimmune, Inc. (NASDAQ:ALT) fell 10.7% to $11.91.
  • Helmerich & Payne, Inc. (NYSE:HP) fell 10.5% to $35.74. Shares of several oil & gas companies traded lower amid strength in the dollar and increased fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.
  • Steelcase Inc. (NYSE:SCS) fell 10.5% to $7.43. Benchmark maintained Steelcase with a Buy and lowered the price target from $16 to $12.
  • Credit Suisse Group AG (NYSE:CS) fell 10.4% to $4.2199 following reports that the company is looking to raise fresh capital. Credit Suisse recently denied that it is exiting the US market, Bloomberg said.
  • New Fortress Energy Inc. (NYSE:NFE) dropped 10.2% to $42.36. Shares of several oil & gas companies traded lower amid strength in the dollar and increased fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.
  • SM Energy Company (NYSE:SM) dipped 10.2% to $35.67. Shares of several energy companies traded lower amid strength in the dollar and raised fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.
  • Vaccinex, Inc. (NASDAQ:VCNX) dropped 9.6% to $0.4827.
  • Taseko Mines Limited (NYSE:TGB) shares fell 9.3% to $1.17.
  • Cellectis S.A. (NASDAQ:CLLS) fell 9% to $2.44. Cellectis, last month, posted a Q2 loss of $0.36 per share.
  • Ventoux CCM Acquisition Corp. (NASDAQ:PRST) fell 8.2% to $4.59.
  • Sphere 3D Corp. (NASDAQ:ANY) fell 8.1% to $0.4964. Sphere 3D recently provided Bitcoin production and mining updates for August 2022.
  • Neptune Wellness Solutions Inc. (NASDAQ:NEPT) shares fell 8.1% to $1.58 after declining 7% on Thursday.
  • FedEx Corporation (NYSE:FDX) fell 2.8% to $150.20. FedEx said its adjusted earnings per share dropped to $3.44 for the quarter ended Aug 31 compared to $4.37 in the year-ago period, while revenue increased to $23.2 billion from $22 billion. FedEx also announced plans to repurchase $1.5 billion of its common stock during fiscal 2023. The company said it plans to repurchase $1 billion of its common stock in the second quarter.
  • Costco Wholesale Corporation (NASDAQ:COST) fell 2.7% to $474.08. Costco reported better-than-expected results for its fiscal fourth quarter on Thursday.
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