Why Gorilla Technology Group Shares Are Trading Lower By 25%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers were MSP Recovery, Digital Transformation Opportunities Corp., Bluejay Diagnostics, Fresh Tracks Therapeutics, and AgriFORCE Growing Systems. Among the losers were Seelos Therapeutics, ARS Pharmaceuticals, Connexa Sports Technologies, Molekule Group, and IceCure Medical.
September 20, 2023 | 6:10 pm
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POSITIVE IMPACT
Bluejay Diagnostics gained 56.4% to $4.8499 after announcing a $1.59 million registered direct offering of 216,000 shares at $7.365 per share last month.
The stock price increased significantly, likely due to the recent announcement of a registered direct offering.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Digital Transformation Opportunities Corp. rose 100.7% to $27.50 after dipping 53% on Tuesday.
The stock price rebounded strongly after a significant dip the previous day, indicating a potential recovery.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
MSP Recovery shares jumped 104.5% to $0.1916.
The stock price increased significantly, indicating positive investor sentiment.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Seelos Therapeutics shares fell 75.2% to $0.2477 after the company announced its SLS-002 Phase II study did not meet the pre-defined primary endpoint due to limited sample size.
The stock price dropped significantly due to negative news about the company's Phase II study.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
ARS Pharmaceuticals fell 55.1% to $2.9650 after the FDA issued a Complete Response Letter regarding its New Drug Application for neffy.
The stock price dropped significantly due to negative news from the FDA about the company's New Drug Application.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100