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Benzinga
Benzinga
Business
Lisa Levin

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.
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