Gainers

• Charge Enterprises, Inc. (NASDAQ: CRGE) saw its shares surge 105.4% to $0.2510.
• Kaman Corporation (NASDAQ: KAMN) experienced a climb of 101.3% to $45.14 following an acquisition announcement by Arcline for $1.8 billion.
• Mesa Air Group Inc (NASDAQ: MESA) gained 70.4% to $1.09 due to new agreements with United Airlines.
• Edgewise Therapeutics, Inc. (NASDAQ: EWTX) rose 37.3% to $13.30 after the announcement of its $240 million underwritten offering.

Losers

• C3is Inc. (NASDAQ: CISS) experienced a steep fall of 63.2% to $0.1384 as a result of an upsized underwritten public offering.
• Azitra, Inc. (NYSE: AZTR) dipped 31.8% to $1.3976 following a firm commitment public offering of 3 million shares of common stock.
• iRobot Corporation (NASDAQ: IRBT) fell 30% to $16.53 amidst reports suggesting the EU plans to block Amazon’s acquisition of the company.

Market Meltdown: Sudden Stock Plummets Rock Financial Giants

Major Tumble for Prominent Stocks

• Diagnostics, Inc. AXDX fell 27.1% to $1.17 after the company reported pricing of approximately $15 million public offering and private placement.
• AST SpaceMobile, Inc. ASTS declined 24.3% to $3.15. AST SpaceMobile announced a $100 million offering of common stock. The company also announced a strategic investment from AT&T Inc T,
• Alphabet Inc GOOG GOOGL and Vodafone.
• Agrify Corporation AGFY dipped 21.9% to $1.0699. Agrify entered into a multi-million dollar sales agreement with Ocean Deep/Golden Lake Business Park.
• Adagene Inc. ADAG fell 21.6% to $2.64.
• BioCardia, Inc. BCDA fell 20% to $0.46.
• Volato Group, Inc. SOAR fell 17.2% to $2.1688.
• Datasea Inc. DTSS shares fell 16.4% to $0.1140. Datasea announced plans for a 1-for-15 reverse stock split to regain compliance with Nasdaq minimum bid requirement.
• Orgenesis Inc. ORGS dipped 15.3% to $0.2711.
• Wheels Up Experience Inc. UP fell 12.6% to $3.19.
• Nkarta, Inc. NKTX fell 12.2% to $7.47.
• Vision Marine Technologies Inc. VMAR shares fell 11.5% to $0.7098. Vision Marine Technologies announced close of $3.0 million private placement of convertible preferred shares and warrants with Investissement Québec.
• Absci Corporation ABSI dipped 11.3% to $3.2120.
• Lithium Americas Corp. LAC fell 10.4% to $4.3650.
• Celsius Holdings, Inc. CELH fell 10% to $53.60 after B of A Securities downgraded the stock from Buy to Neutral and announced a $65 price target.
• Hut 8 Corp. HUT dipped 9.4% to $6.45.
• Lifezone Metals Limited LZM fell 9.3% to $6.37.
• MorphoSys AG MOR fell 7.3% to $9.49 after falling 6% on Wednesday. Morgan Stanley analyst James Quigley, on Tuesday, downgraded MorphoSys from Overweight to Equal-Weight.
• Hertz Global Holdings, Inc. HTZ declined 6.6% to $8.40 after Jefferies downgraded the stock from Buy to Hold and lowered its price target from $12 to $8.
• Esperion Therapeutics, Inc. ESPR shares fell 6.1% to $2.0188. Esperion priced its $85.1 million public offering of 56.7 million common share at $1.50 per share.
• Chegg, Inc. CHGG shares fell 6.1% to $9.45. Goldman Sachs analyst Eric Sheridan downgraded Chegg from Neutral to Sell and lowered the price target from $10 to $8.