Shares of TransCode Therapeutics, Inc. RNAZ tumbled significantly on Friday.
TransCode Therapeutics conducted a 5,942,623 share common stock offering at $1.22 per share.
The company’s shares plummeted 24.3% to $0.8248 on Friday.
Here are some other stocks making waves in today’s mid-day session.
Notable Gainers
- Charge Enterprises, Inc. CRGE witnessed a remarkable surge of 105.4%, reaching $0.2510.
- Kaman Corporation KAMN experienced a climb of 101.3% to $45.14 after announcing an acquisition deal with Arcline for $1.8 billion.
- Mesa Air Group Inc MESA saw a gain of 70.4% to $1.09 due to improved agreements with United Airlines for operating and financing terms.
- Edgewise Therapeutics, Inc. EWTX soared 37.3% to $13.30 after announcing the pricing of a $240 million underwritten offering of 21,818,182 shares at $11 per share.
- Processa Pharmaceuticals, Inc. PCSA surged 34.2% to $0.2725. The company unveiled plans to expand the development of next-generation capecitabine (NGC-Cap) into advanced or metastatic breast cancer, starting with the next Phase 2 trial.
Notable Losers
- C3is Inc. CISS shares plunged 63.2% to $0.1384 after announcing pricing of a $7.0 million upsized underwritten public offering.
Stock Market Plunge: A Day of Losses and Offers
Stock Plunge Shocks Investors
The stock market took a sharp dive on Thursday as numerous companies saw significant declines in their share prices. The series of events left investors puzzled and apprehensive, wondering what the future holds for their investments.
Company Specifics
- AXDX fell 27.1% to $1.17 after the company reported pricing of approximately $15 million public offering and private placement.
- ASTS declined 24.3% to $3.15 after announcing a $100 million offering of common stock and a strategic investment from AT&T Inc .
- GOOG and GOOGL saw a dip after announcements related to Vodafone.
- AGFY dipped 21.9% to $1.0699 following a multi-million dollar sales agreement.
- ADAG fell 21.6% to $2.64.
- BCDA fell 20% to $0.46.
- SOAR fell 17.2% to $2.1688.
- DTSS shares fell 16.4% to $0.1140 after announcing plans for a reverse stock split.
- ORGS dipped 15.3% to $0.2711.
- UP fell 12.6% to $3.19.
- NKTX fell 12.2% to $7.47.
- VMAR shares fell 11.5% to $0.7098 following a private placement announcement.
- ABSI dipped 11.3% to $3.2120.
- LAC fell 10.4% to $4.3650.
- CELH fell 10% to $53.60 after a downgrade from B of A Securities.
- HUT dipped 9.4% to $6.45.
- LZM fell 9.3% to $6.37.
- MOR fell 7.3% to $9.49 after a previous 6% fall and a downgrade from Morgan Stanley analyst James Quigley.
- HTZ declined 6.6% to $8.40 after a downgrade from Jefferies.
- ESPR shares fell 6.1% to $2.0188 following a public offering.
- CHGG shares fell 6.1% to $9.45 after a downgrade from Goldman Sachs analyst Eric Sheridan.
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