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    Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

    Benzinga·07/17/2024 17:28:51
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    Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation.

    ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday.

    Here are some other stocks moving in today’s mid-day session.

    Gainers

    • Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering.
    • Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.
    • Aditxt, Inc. (NASDAQ:ADTX) shares climbed 45.3% to $2.3107. Aditxt and Evofem amended merger agreement.
    • Locafy Limited (NASDAQ:LCFY) gained 31.2% to $7.15.
    • Autonomix Medical, Inc. (NASDAQ:AMIX) jumped 27.2% to $1.3505.
    • Alpha Teknova, Inc. (NASDAQ:TKNO) gained 18% to $1.60. Alpha Teknova 10% owner Telegraph Hill Partners Management Company, LLC bought a total of 12,096,773 shares at an average price of $1.24.
    • Asset Entities Inc. (NASDAQ:ASST) shares climbed 17% to $1.8350.
    • Meiwu Technology Company Limited (NASDAQ:WNW) gained 17% to $1.0650
    • Aehr Test Systems (NASDAQ:AEHR) gained 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.
    • Allarity Therapeutics, Inc. (NASDAQ:ALLR) rose 14.5% to $0.2330. Allarity Therapeutics, last month, announced that it received notice from the NASDAQ Stock Market that it was granted a hearing.
    • ClearSign Technologies Corporation (NASDAQ:CLIR) gained 14.4% to $0.9499 as the company received initial order from Birwelco.
    • The Honest Company, Inc. (NASDAQ:HNST) gained 14% to $4.0350.
    • GLOBALFOUNDRIES Inc. (NASDAQ:GFS) climbed 12.7% to $61.36.
    • Bloom Energy Corporation (NYSE:BE) rose 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.
    • fuboTV Inc. (NYSE:FUBO) climbed 9.1% to $1.5610
    • GitLab Inc. (NASDAQ:GTLB) gained 8.4% to $54.92 following a report suggesting the company is exploring a sale.
    • Bloom Energy Corporation (NYSE:BE) rose 8% to $16.27 after the company announced a strategic partnership with CoreWeave.
    • V.F. Corporation (NYSE:VFC) gained 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.

    Losers

    • Cassava Sciences, Inc. (NASDAQ:SAVA) fell 29.8% to $9.51 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.
    • 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) declined 20.9% to $21.16. 4DMT announced Phase 2 PRISM interim results for intravitreal 4D-150 in a broad wet AMD population affirming favorable safety profile and robust clinical activity.
    • Five Below, Inc. (NASDAQ:FIVE) shares dipped 19.7% to $81.93 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.
    • Sonim Technologies, Inc. (NASDAQ:SONM) fell 18.2% to $0.4138.
    • Adverum Biotechnologies, Inc. (NASDAQ:ADVM) dipped 16.3% to $7.46. Adverum Biotechnologies revealed 26-week interim analysis results of Ixo-vec from LUNA Phase 2 trial at 2024 ASRS Annual Meeting.
    • Structure Therapeutics Inc. (NASDAQ:GPCR) fell 16.2% to $37.44.
    • Cyclerion Therapeutics, Inc. (NASDAQ:CYCN) fell 13.7% to $2.50.
    • Scinai Immunotherapeutics Ltd. (NASDAQ:SCNI) dipped 11.8% to $4.68.
    • Luminar Technologies, Inc. (NASDAQ:LAZR) fell 11.7% to $1.8974.
    • Viking Therapeutics, Inc. (NASDAQ:VKTX) dipped 10.8% to $50.89.
    • Onto Innovation Inc. (NYSE:ONTO) fell 10% to $214.17. Onto Innovation announced Dr. Stephen Schwartz has joined its board of directors.
    • ASML Holding N.V.  (NASDAQ:ASML) shares declined 9.8% to $963.01. ASML reported better-than-expected second-quarter earnings, driven by robust sales in China and a surge in new bookings.
    • Aurora Innovation, Inc. (NASDAQ:AUR) fell 9.5% to $4.46.
    • Nova Ltd. (NASDAQ:NVMI) declined 9.2% to $219.39.
    • Eightco Holdings Inc. (NASDAQ:OCTO) shares fell 9% to $0.48. Eightco Holdings recently said first-quarter revenue fell to $9.6 million from $15.9 million in the year-ago period.
    • Credo Technology Group Holding Ltd (NASDAQ:CRDO) dipped 8.8% to $30.87.
    • Siebert Financial Corp. (NASDAQ:SIEB) fell 8.5% to $1.7381 after gaining over 9% on Tuesday.
    • Spirit Airlines, Inc. (NYSE:SAVE) shares declined 8.4% to $2.8950 as the company issued soft second-quarter preliminary revenue estimates. The company estimated total revenue for the second quarter of 2024 to be approximately $1.28 billion, lower than previously expected primarily due to lower-than-expected non-ticket revenue.
    • Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares fell 8.1% to $1.3890 after jumping 41% on Tuesday.
    • Advanced Micro Devices, Inc. (NASDAQ:AMD) dipped 8% to $163.01.
    • Semtech Corporation (NASDAQ:SMTC) fell 7.4% to $33.66.
    • NaaS Technology Inc. (NASDAQ:NAAS) fell 7.3% to $4.32.
    • e.l.f. Beauty, Inc. (NYSE:ELF) declined 7.1% to $175.56.
    • Safe and Green Development Corporation (NASDAQ:SGD) shares dipped 7.1% to $0.38.
    • J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) fell 7% to $163.74 after the company reported worse-than-expected second-quarter financial results.
    • QUALCOMM Incorporated (NASDAQ:QCOM) fell 6.5% to $195.94 after HSBC downgraded the stock from Buy to Hold.
    • Snap Inc. (NYSE:SNAP) fell 6.3% to $15.11 after Donald Trump made comments in support of TikTok.
    • NVIDIA Corporation (NASDAQ:NVDA) fell 5.2% to $119.82. Shares of semiconductor stocks traded lower amid reports Biden is considering further China restrictions.

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