BlackBerry Limited experienced a punishing decline in its shares during Wednesday’s session, triggered by the company’s announcement of a proposed private offering of $160 million of convertible senior notes
BlackBerry shares nosedived 17.2% to $2.9387 on Wednesday.
Let’s see which other stocks are active in today’s mid-day session.
Taking the Lead
- A Rockstar Getaround, Inc. GETR showcased a spectacular performance, with its shares surging by an impressive 151.3% to $0.4618 upon announcing a new debt facility with Mudrick Capital Management for up to $20 million.
- Evaxion Biotech A/S EVAX demonstrated robust growth, advancing by 94.4% to $9.70 after Merck & Co reported an 11.4% stake in the company.
- SciSparc Ltd. SPRC witnessed a significant uptick of 61.3% to $5.58, bolstered by the revelation of a $20 million standby equity purchase agreement.
- Kura Oncology, Inc. KURA soared by 41.3% to $18.99, driven by an oversubscribed $150 million private placement.
- Ensysce Biosciences, Inc. ENSC witnessed a striking increase of 32.2% to $1.8372 after announcing FDA Breakthrough Therapy Designation for PF614-MPAR.
Drowning in Losses
- Richtech Robotics Inc. RR experienced a sharp decline of 31.3% to $7.62.
- Rail Vision Ltd. RVSN fell by 26.7% to $4.8701 after receiving a purchase order of up to $5m for its artificial intelligence-based Switch Yard Systems.
- Gamer Pakistan Inc. GPAK declined by 20.4% to $0.2708.
- Splash Beverage Group, Inc. SBEV witnessed a considerable decrease of 20% to $0.3804.
- Curis, Inc. CRIS fell by 18.7% to $9.20.
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