The shares of TransCode Therapeutics, Inc. RNAZ took a sharp nosedive during Friday’s trading session.

The company priced a 5,942,623 share common stock offering at $1.22 per share, prompting shares to tumble by 24.3% to $0.8248.

As TransCode Therapeutics faced a downfall, other stocks made significant moves during the mid-day session.

Gain Momentum

• Charge Enterprises, Inc. CRGE saw its shares surge 105.4% to $0.2510.
• Kaman Corporation KAMN enjoyed a 101.3% climb to $45.14 after announcing a $1.8 billion acquisition by Arcline.
• Mesa Air Group Inc MESA gained 70.4% to $1.09 following new agreements with United Airlines.

Declines in Stock Prices

• C3is Inc. CISS witnessed a 63.2% drop to $0.1384 after announcing an upsized underwritten public offering.
• Azitra, Inc. AZTR dipped 31.8% to $1.3976 following a firm commitment public offering of 3 million shares of common stock.
• iRobot Corporation IRBT fell 30% to $16.53 after reports on the EU’s plans to block Amazon’s acquisition of the company.