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Reasons for NovoCure’s 31% Stock Drop and Other Stocks in Today’s Mid-Day Trading

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Gainers

  • Shares of Mobile Infrastructure Corporation (BEEP) surged 98.7% to $12.02.
  • GD Culture Group Limited (GDC) gained 61.8% to $4.11 after launching a live-streaming e-commerce business on TikTok.
  • Hersha Hospitality Trust (HT) climbed 56.5% to $9.82 following a merger announcement with KSL Capital Partners LLC.
  • Bionomics Limited (BNOX) rose 54% to $2.3550.
  • Hawaiian Electric Industries, Inc. (HE) gained 41.8% to $13.70 after addressing a lawsuit related to the August 8 fires.
  • Genius Group Limited (GNS) saw a 35.6% increase in shares to $1.98, following a 29% jump on Friday.
  • Thorne HealthTech, Inc. (THRN) gained 29.3% to $10.10 after agreeing to be acquired by L Catterton.
  • Micromobility.com Inc. (MCOM) saw a 28.5% climb in shares to $0.1028, after a 20% gain on Friday.
  • LQR House Inc. (LQR) shares increased by 27.5% to $1.30, with the company announcing a share repurchase program and a marketing partnership with Gold Standard Media.
  • IM Cannabis Corp. (IMCC) rose 22.4% to $0.8450.

… (continued for the rest of the gainers)

Losers

  • Shares of AgileThought, Inc. (AGIL) fell 32.6% to $0.1753 after a downgrade by Alliance Global Partners.
  • NovoCure Limited (NVCR) dropped 31.4% to $20.42 following disappointing results from its Phase 3 trial.
  • Faraday Future Intelligent Electric Inc. (FFIE) fell 23.9% to $9.47 after implementing a reverse stock split.
  • Heliogen, Inc. (HLGN) saw a 18.7% decline in shares to $0.2002 after a reverse stock split.
  • Xiao-I Corporation (AIXI) declined 16.6% to $3.32.
  • Ideanomics, Inc. (IDEX) fell 15.5% to $3.6341 after reporting second-quarter results.
  • Opthea Limited (OPT) fell 15.3% to $2.61.
  • Mullen Automotive, Inc. (MULN) dipped 12.9% to $0.5651 after announcing a vehicle purchase order.
  • ReTo Eco-Solutions, Inc. (RETO) fell 12.3% to $0.9550.
  • BTC Digital Ltd. (METX) declined 11.7% to $2.04.

… (continued for the rest of the losers)

Source: Benzinga.com

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