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Benzinga
Benzinga
Business
Lisa Levin

Tesla, Coinbase Global And 41 Stocks Moving In Monday's Mid-Day Session

Gainers

  • Intelligent Living Application Group Inc. (NASDAQ:ILAG) shares jumped 90.2% to $4.2792 after declining 11% on Friday. The company reported closing of $20.24 million initial public offering.
  • Qudian Inc. (NYSE:QD) rose 76.4% to $2.0991 after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes.
  • Tantech Holdings Ltd (NASDAQ:TANH) gained 57.9% to $0.4104 after the company posted a narrower FY loss.
  • AMTD Digital Inc. (NYSE:HKD) jumped 49.2% to $24.18 after gaining 108% on Friday. The company priced its IPO at $7 per share.
  • Advent Technologies Holdings, Inc. (NASDAQ:ADN) shares gained 27% to $3.34 after the company's Green HiPo project received official ratification from the European Commission.
  • Marathon Digital Holdings, Inc. (NASDAQ:MARA) surged 19.7% to $9.63 in sympathy with the price of Bitcoin.
  • SKYX Platforms Corp. (NASDAQ:SKYX) gained 18.6% to $4.07.
  • IO Biotech, Inc. (NASDAQ:IOBT) surged 18.4% to $5.04.
  • Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) gained 17.9% to $1.25.
  • North European Oil Royalty Trust (NYSE:NRT) rose 16.8% to $14.29. Shares of energy companies traded higher amid a gain in oil prices due to supply concerns after President Biden was unable to secure a commitment from Saudi Arabia for increased output.
  • Inotiv, Inc. (NASDAQ:NOTV) gained 16.5% to $12.44 as the company said Envigo has reached an agreement with the US Department of Justice and US Department of Agriculture to resolve civil and administrative complaints.
  • Core Scientific, Inc. (NASDAQ:CORZ) climbed 16.6% to $1.82.
  • Hut 8 Mining Corp. (NYSE:HUT) gained 16.6% to $1.8450. Shares of cryptocurrency-related stocks traded higher amid a rise in the price of Bitcoin.
  • Phoenix New Media Limited (NYSE:FENG) surged 16% to $5.80. Phoenix New Media, last month, announced it has regained compliance with the NYSE's continued listing standard for share prices.
  • Verve Therapeutics, Inc. (NASDAQ:VERV) gained 15% to $27.29. BMO Capital maintained Verve Therapeutics with an Outperform and raised the price target from $48 to $62.
  • Creative Medical Technology Holdings, Inc. (NASDAQ:CELZ) gained 14.5% to $0.7309.
  • ProKidney Corp. (NASDAQ:PROK) gained 14% to $8.00 after dropping 20% on Friday.
  • Rayonier Advanced Materials Inc. (NYSE:RYAM) jumped 13.5% to $3.20 after RBC Capital upgraded the stock from Sector Perform to Outperform.
  • Eton Pharmaceuticals, Inc. (NASDAQ:ETON) gained 13.5% to $3.1694. The FDA has approved Eton Pharmaceuticals’ Zonisade (zonisamide oral suspension) for partial seizures in patients with epilepsy.
  • Expensify, Inc. (NASDAQ:EXFY) jumped 12.2% to $19.63 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $20 to $25.
  • Coinbase Global, Inc. (NASDAQ:COIN) rose 12.2% to $60.41. Coinbase Global has secured approval from Italian regulators to provide ongoing crypto services to its resident, the cryptocurrency exchange stated in a blog post.
  • The ODP Corporation (NASDAQ:ODP) gained 11.1% to $35.02 after the company issued preliminary Q2 results and announced a $600 million buyback.
  • LumiraDx Limited (NASDAQ:LMDX) rose 10.2% to $2.5899 after dropping around 10% on Friday. LumiraDx, last month, announced it achieved CE Mark for two new Fast Lab Solutions molecular tests, including Dual-Target SARS-CoV-2 STAR Complete and SARS-CoV-2 & Flu A/B RNA STAR Complete.
  • Bitfarms Ltd. (NASDAQ:BITF) rose 9.8% to $1.2850 amid a rise in the price of Bitcoin.
  • Carnival Corporation (NYSE:CCL) gained 8.3% to $9.94 amid overall market strength. Better-than-expected Q2 earnings from Goldman Sachs have lifted market sentiment following recent macro concerns, which have pressured the travel sector this year.
  • SunLink Health Systems, Inc. (NASDAQ:SSY) rose 6.5% to $1.0650. SunLink Health Systems reported a Q3 loss of $0.14 per share in May.
  • Airbnb, Inc. (NASDAQ:ABNB) gained 6.3% to $100.64. Airbnb’s 10% owner Joseph Gebbia sold a total of 250,000 shares at an average price of $95.32.
  • Tesla, Inc. (NASDAQ:TSLA) gained 3.1% to $742.18. Barclays maintained Tesla with an Underweight and raised the price target from $370 to $380.
  • The Boeing Company (NYSE:BA) rose 2.7% to $151.73 following news Delta Air placed an order for 100 737-10 Boeing aircraft. Delta has an option to potentially order 30 more aircraft from Boeing.
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