What Is Going on With Regencell Bioscience (RGC) Stock Today?

InvestorPlace

Little-known drug manufacturer Regencell Bioscience saw its shares skyrocket on Tuesday on no apparent catalyst. However, it’s possible that the exceptionally distinct business profile — specializing in traditional Chinese medicine (TCM) for the treatment of neurocognitive disorders — caught the attention of speculators. While TCM offers some hope for medical utility, RGC stock remains a highly speculative investment.

Heading into the final stretch of the Tuesday session, Regencell gained about 345% of equity value. Naturally, the fervor over RGC stock caused the Nasdaq to halt trading multiple times today. As of this writing, the number of forcible halts amounted to 20 occurrences.

No news item appears to be responsible for the sentiment boost. Per Fintel, the short interest sits at only 0.06% of the float, with the short interest ratio coming in at only 1.64 days to cover. It’s unlikely, then, that short-squeeze speculation sparked the lift in RGC stock. Therefore, it’s possible that interest in Regencell’s almost-unique business catalyzed the jump higher.

While the first documented practice of TCM dates back to 200 BCE, it’s rare to find publicly traded companies that specialize in the field. Aside from RGC stock, China SXT Pharmaceuticals is one of a small handful of enterprises that offer TCM products.

RGC Stock Enjoys Some Rational Basis for Optimism

To underscore the wildness of RGC stock, it’s barely profitable over the past 52 weeks. That goes to show prospective investors the magnitude of red ink that long-term stakeholders have suffered. Still, it would also be unfair to declare that Regencell and the underlying TCM practice is completely speculative.

For one thing, TCM has a long history of use. That’s not to say that the practice doesn’t generate side effects because adverse reactions have been noted. However, some patients may feel more comfortable with the natural fundamentals of traditional solutions.

In addition, preliminary research into TCM shows that such therapeutics can spark positive changes in brainwave activity, thus improving behavioral challenges such as hyperactivity, impulsivity and learning difficulties in subjects affected by attention deficit hyperactivity disorder (ADHD). Such research is aligned with Regencell’s core focus, which targets ADHD and autism spectrum disorder.

Further, the TCM market is a growing one. According to Persistence Market Research, global revenue generated by the sector landed at $28.7 billion in 2022. By 2033, the ecosystem could be worth $49.6 billion, implying a compound annual growth rate of 5.1%.

Still, it should be noted that TCM lacks rigorous standardized research and testing. Therefore, investors should approach RGC stock with extreme caution.

On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.

Why Comcast Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga

Adial Pharmaceuticals

-0.34%

Salarius Pharmaceuticals

-3.70%

Agape ATP

-25.00%

Shares of Comcast Corporation fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results.

Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro.

Comcast shares declined 6.1% to $37.12 on Tuesday.

Here are some other stocks moving in today’s mid-day session.

Gainers

Azitra, Inc. A shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office granted it U.S. Patent No. 12,036,248 for the treatment of atopic dermatitis.
Adial Pharmaceuticals, Inc. jumped 148% to $2.6299 after the company announced it advanced into the second cohort and commenced dosing for the Pharmacokinetics Study of AD04 for alcohol use disorder.
Salarius Pharmaceuticals, Inc. gained 111% to $3.2540.
Agape ATP Corporation shares climbed 67% to $0.2390.
Smart for Life, Inc. rose 45% to $2.7950.
Dermata Therapeutics, Inc. gained 43% to $2.41.
Regencell Bioscience Holdings Limited jumped 36.5% to $4.60.
Volato Group, Inc. gained 33.5% to $0.6385 after jumping around 20% on Monday.
Frequency Electronics, Inc. shares climbed 30% to $13.11 following fourth-quarter earnings. Also, the company declared a $1.00 special cash dividend.
Mammoth Energy Services, Inc. gained 26% to $4.42 after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.
iClick Interactive Asia Group Limited rose 23.5% to $2.05.
1847 Holdings LLC E jumped 19.3% to $2.90.
Milestone Scientific Inc. gained 17.5% to $1.02 after the company announced the Medicare price assignment for its CompuFlo Epidural System.
Staffing 360 Solutions, Inc. S gained 16% to $2.1493.
Kiniksa Pharmaceuticals International, plc K rose 16% to $24.81 after the company reported better-than-expected second-quarter sales results and raised its FY24 net product revenue guidance.
Aeva Technologies, Inc. gained 15.1% to $3.6713.
Spotify Technology S.A. jumped 12.7% to $333.02 following second-quarter earnings.
NuScale Power Corporation gained 11.8% to $12.34.
PureCycle Technologies, Inc. rose 11.8% to $6.90.
MSCI Inc. gained 11.1% to $561.96 following better-than-expected second-quarter financial results.
Crown Holdings, Inc. rose 8.5% to $84.04 after the company reported better-than-expected second-quarter earnings and raised its FY24 EPS guidance above estimates.
MakeMyTrip Limited gained 8% to $96.75 following better-than-expected quarterly earnings.
Owens & Minor, Inc. gained 8% to $16.51 as the company released preliminary second quarter 2024 financial results and signed a definitive agreement to acquire Rotech Healthcare for $1.36 billion in cash.
Mesoblast Limited shares surged 8% to $8.15. Mesoblast recently started enrollment in Phase 3 trial of Rexlemestrocel-L for chronic low back pain.
Pentair plc climbed 7.7% to $86.19 after the company reported better-than-expected second quarter financial results and revised its FY24 adjusted EPS guidance above estimates.
Danaher Corporation gained 7.4% to $269.35 after the company reported better-than-expected second quarter earnings.
GE Aerospace gained 6.4% to $173.21 after the company reported better-than-expected second quarter adjusted EPS and raised its FY24 outlook.
SAP SE rose 6% to $0.2390 after the company reported second-quarter financial results.
Zions Bancorporation gained 5.4% to $52.12 after posting better-than-expected quarterly results on Monday.

Losers

Jaguar Health, Inc. shares dipped 65% to $1.50 after the company announced its phase 3 OnTarget trial results for Crofelemer did not meet its primary endpoint.
TransCode Therapeutics, Inc. dipped 62.2% to $0.2999 after the company announced a proposed public offering.
Fly-E Group, Inc. F tumbled 59.2% to $2.60.
MIRA Pharmaceuticals, Inc. shares dipped 50.3% to $2.4636. MIRA Pharmaceuticals shares jumped 627% on Monday after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2.
CareMax, Inc. shares fell 38.3% to $3.1851 after surging 228% on Monday.
Selina Hospitality PLC dipped 32.4% to $0.0250.
PS International Group Ltd. P fell 32.2% to $1.83.
Exicure, Inc. fell 31.1% to $0.3440.
Cellectar Biosciences, Inc. dipped 26.2% to $2.23. The company announced results from its CLOVER WaM pivotal study evaluating iopofosine I 131.
Crown LNG Holdings Limited C fell 23% to $0.77.
Castellum, Inc. fell 20% to $0.1594. Castellum recently announced a new strategic alliance with Krilla Kaleiwahea.
Netcapital Inc. fell 17.3% to $0.0926 after gaining around 8% on Monday.
Medpace Holdings, Inc. shares declined 16.6% to $364.00 after the company reported mixed second-quarter financial results and narrowed its FY24 revenue guidance with its midpoint below estimates.
Fitell Corporation dipped 15.2% to $16.48.
United Parcel Service, Inc. fell 13.2% to $126.04 after the company reported worse-than-expected quarterly financial results.
Nukkleus Inc. shares fell 10% to $0.4479 after gaining over 55% on Monday.
NXP Semiconductors N.V. shares fell 9.5% to $256.55 following mixed second-quarter earnings.
New Fortress Energy Inc. dipped 9.2% to $23.28.
PACCAR Inc fell 8.4% to $99.92 after the company reported worse-than-expected second-quarter financial results.
A. O. Smith Corporation declined 8.4% to $81.30. The company reported second-quarter financial results.
WEBTOON Entertainment Inc. W dipped 7.7% to $22.00.
Polaris Inc. declined 7.2% to $76.23 after the company reported worse-than-expected second-quarter financial results and cut its guidance.
Archrock, Inc. shares declined 6.9% to $21.76. Archrock commenced public offering of 11 million shares of its common stock and announced plans to acquire Total Operations and Production Services for $983 million in cash and stock.
General Motors Company fell 6.1% to $46.52 after the company reported second-quarter financial results. Also, the company announced that it delayed its 2024 Buick EV and pushed its EV pickup plant opening to 2026.

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Why Ericsson Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Benzinga

LM Ericsson Telephone

Shares of Telefonaktiebolaget LM Ericsson rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter sales and issued guidance.

Ericsson reported a second-quarter loss of 31 cents per share, compared to year-ago earnings of 7 cents per share. The company reported quarterly sales of $5.59 billion which beat the analyst consensus estimate of $5.36 billion, according to data from Benzinga Pro.

Ericsson shares jumped 4.3% to $6.66 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

Sentage Holdings Inc. rose 85.6% to $4.27 in pre-market trading after gaining around 5% on Thursday.
Tian Ruixiang Holdings Ltd T gained 40.4% to $3.16 in pre-market trading.
Qualigen Therapeutics, Inc. shares rose 36.7% to $0.2809 in pre-market trading.
AgriFORCE Growing Systems Ltd. shares rose 28.3% to $0.1053 in pre-market trading after gaining around 7% on Thursday.
Immutep Limited shares climbed 20.4% to $2.42 in pre-market trading after the company disclosed results for first-line treatment of head and neck squamous cell carcinoma patients with negative PD-L1 expression.
Maxeon Solar Technologies, Ltd. rose 14.8% to $0.2765 in pre-market trading. Maxeon Solar Technologies 13G filing showed Graham Capital Management LP reported a 9.6% passive stake in the company as of July 2.
AtlasClear Holdings, Inc. gained 11.3% to $0.8681 in pre-market trading after dipping over 20% on Thursday.
Gamer Pakistan Inc shares gained 9.6% to $0.22 in pre-market trading.
China SXT Pharmaceuticals, Inc. rose 9.2% to $1.30 in pre-market trading after jumping 10% on Thursday.

Losers

Shineco, Inc. shares fell 38.2% to $1.31 in pre-market trading after the company reported a proposed underwritten public offering.
ASP Isotopes Inc. shares declined 18.4% to $2.90 in pre-market trading after the company announced that it commenced an underwritten public offering.
Kazia Therapeutics Limited shares fell 18.4% to $1.01 in pre-market trading after jumping over 85% on Thursday. Kazia Therapeutics recently announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of care for patients with glioblastoma.
New Horizon Aircraft Ltd shares fell 16.4% to $0.53 in pre-market trading after gaining around 20% on Thursday.
Luxurban Hotels Inc fell 13.4% to $0.16 in pre-market trading. LuxUrban Hotels priced its $5.1 million public offering of 30 million shares at $0.17 per share.
Lipella Pharmaceuticals Inc fell 13.4% to $0.46 in pre-market trading after gaining over 9% on Thursday.
Biodexa Pharmaceuticals Plc shares fell 12.3% to $0.9469 in pre-market trading. Biodexa Pharmaceuticals shares jumped around 52% on Thursday after the company reported 12-month Phase 2 trial results for eRapa in treating Familial Adenomatous Polyposis.
Sonoma Pharmaceuticals, Inc. shares dipped 12.3% to $0.3107 in pre-market trading after jumping 38% on Thursday.
Cyngn Inc. C shares fell 12.1% to $6.44 in pre-market trading after surging 85% on Thursday.
NANO Nuclear Energy Inc. N shares declined 9.8% to $23.64 in pre-market trading after gaining around 4% on Thursday.

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Why Travelers Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Benzinga

The Travelers Companies

+0.86%

Edible Garden

+4.00%

Edible Garden AG Incorporated Warrant

+5.42%

Sintx Technologies

-5.63%

Shares of The Travelers Companies, Inc. fell sharply during Wednesday’s session following first-quarter earnings.

Travelers reported a mixed first quarter, with earnings lagging analyst' expectations. Core income per share reached $4.69 from $4.11 a year ago, missing the $4.90 consensus forecast. Net income per share rose to $4.80 from $4.13 a year earlier.

Travelers shares dipped 8.1% to $205.03 on Wednesday.

Here are some other stocks moving in today's mid-day session.

Gainers

INVO Bioscience, Inc. shares shot up 256% to $2.78 after the company reported a year-over-year increase in fourth-quarter revenue results and said it remains on track to reach its goal of reaching break-even or profitability within its current operations in 2024.
Edible Garden AG Incorporated gained 112% to $9.73 after the company reported preliminary first quarter FY24 results.
Sintx Technologies, Inc. jumped 53% to $0.0350.
VIA optronics AG shares gained 50.4% to $0.3924 after dipping over 15% on Tuesday.
AERWINS Technologies Inc. jumped 42.2% to $4.70.
The Children's Place, Inc. climbed 35.5% to $9.64 after the company announced it entered into a new financing agreement with Mithaq Capital.
Vanda Pharmaceuticals Inc. gained 32% to $5.38 after the company announced that it submitted three proposals since February to acquire all of the outstanding shares of common stock of Vanda Pharmaceuticals and confirmed that its most recent proposal to acquire Vanda remains open for Vanda and its Board of Directors to consider.
EZGO Technologies Ltd. gained 28% to $2.20. EZGO entered into a strategic cooperation framework agreement with Woteam to jointly explore the Southeast Asian Market.
CXApp Inc. shares rose 25% to $4.89 after the company announced 24% ARR growth in 2023.
TRACON Pharmaceuticals, Inc. rose 19.6% to $2.0461.
WiSA Technologies, Inc. gained 19% to $7.32 on continued upward momentum after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand.
Viracta Therapeutics, Inc. climbed 19% to $0.8501. Oppenheimer analyst Hartaj Singh maintained Viracta Therapeutics with an Outperform and maintained a $13 price target.
Spectaire Holdings Inc. rose 17.5% to $0.94 after the company announced that it signed a distribution partnership agreement with a Fortune 1000 Energy Company.
Rani Therapeutics Holdings, Inc. jumped 14.4% to $7.86.
Cullinan Therapeutics, Inc. gained 14% to $19.75. HC Wainwright & Co. analyst Edward White maintained Cullinan Oncology with a Buy and lowered the price target from $34 to $29.
United Airlines Holdings, Inc. rose 11.2% to $46.12 after the company reported better-than-expected first-quarter financial results.
Chromocell Therapeutics Corporation gained 11.8% to $2.0356 after falling around 7% on Tuesday.
ALX Oncology Holdings Inc. rose 10.4% to $16.01.
AMC Entertainment Holdings, Inc. gained 7.5% to $2.9250, bouncing back from the selling pressure the stock has faced in recent week.
Interactive Brokers Group, Inc. rose 5.2% to $112.93 following upbeat quarterly earnings.

Losers

ICZOOM Group Inc. shares dipped 87.8% to $6.19.
Sunshine Biopharma, Inc. fell 47% to $3.5879.
Trio Petroleum Corp. fell 35.8% to $0.3144 after dipping over 22% on Tuesday.
Longeveron Inc. dipped 31% to $2.43 after the company announced the exercise of warrants for $6.2 million in gross proceeds.
iSun, Inc. declined 27% to $0.1556.
China SXT Pharmaceuticals, Inc. fell 25.7% to $1.2001. China SXT Pharmaceuticals shares jumped 38% on Tuesday following a post on X from trader Zack Morris mentioning the stock.
Portage Biotech Inc. fell 25.3% to $0.21. The company recently announced that it is expanding its evaluation of strategic alternatives and implementing additional measures to extend its available cash runway.
Trilogy Metals Inc. shares fell 23.2% to $0.3865.
HUB Cyber Security Ltd. dipped 22.6% to $1.44.
Destiny Tech100 Inc. fell 22% to $33.83 after gaining around 18% on Tuesday.
Finch Therapeutics Group, Inc. dipped 21.9% to $2.42.
Sage Therapeutics, Inc. shares fell 20.8% to $12.37. The company announced topline results from Phase 2 PRECEDENT study of dalzanemdor for the treatment of people with mild cognitive impairment in Parkinson's Disease.
Ontrak, Inc. fell 20.3% to $0.3666 after the company reported worse-than-expected quarterly financial results.
SolarMax Technology, Inc. dipped 20% to $9.72 following fiscal year 2023 results.
Dragonfly Energy Holdings Corp. declined 15.8% to $0.5199. Dragonfly Energy shares jumped over 36% on Tuesday after the company reported better-than-expected fourth-quarter EPS results.
Montrose Environmental Group, Inc. fell 13.3% to $36.37 after announcing a public offering of 3 million shares.
Dynatronics Corporation fell 12.2% to $0.50 after gaining around 48% on Tuesday.
VinFast Auto Ltd. fell 12% to $2.70 following first-quarter earnings.
Adaptive Biotechnologies Corporation declined 9.3% to $2.4950.
SNDL Inc. fell 9.3% to $1.7950.
Arm Holdings plc fell 9.3% to $110.65.
J B Hunt Transport Services Inc shares fell 9.2% to $166.25 after the company missed first-quarter revenue and EPS estimates.
MicroStrategy Incorporated dipped 8.8% to $1,143.81. MicroStrategy is expected to report its financial results for the first quarter of 2024 after the closing bell on April 29, 2024.
Forward Air Corporation fell 8.3% to $23.13.
Autodesk, Inc. fell 7.1% to $211.97 after the company announced that it will not file its Annual Report on Form 10-K for the year ended Jan. 31, 2024 within the 15-day extension period. The company provided an update on the previously reported internal investigation that is currently being conducted by the Audit Committee.
ASML Holding N.V. shares declined 7.2% to $907.11 after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.

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Why INVO Bioscience Shares Are Trading Higher By Around 73%; Here Are 20 Stocks Moving Premarket

Benzinga

Shares of INVO Bioscience, Inc. rose sharply in today’s pre-market trading after reporting fourth-quarter results.

The company said quarterly revenue surged 397% year-over-year to $1,381,754, from $278,142 in the year-ago period, according to data from Benzinga Pro.

INVO Bioscience shares jumped 73.1% to $1.35 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

Mobile Global Esports Inc. shares gained 36.1% to $0.1565 in pre-market trading after falling around 9% on Tuesday. On April 16, Maxim Group analyst Jack Vander Aarde downgraded Mobile Global Esports from Buy to Hold.
Chromocell Therapeutics Corporation gained 29.1% to $2.35 in pre-market trading after falling around 7% on Tuesday.
Clene Inc. gained 27.9% to $0.3965 in pre-market trading after the company announced Phase 2 VISIONARY-MS long term extension study results at the 2024 American Academy of Neurology Annual Meeting.
VIA optronics AG shares gained 27.4% to $0.3316 in pre-market trading after dipping over 15% on Tuesday.
CXApp Inc. shares rose 22.3% to $4.78 in pre-market trading after the company announced 24% ARR growth in 2023.
Gamer Pakistan Inc shares gained 21.1% to $0.34 in pre-market trading after gaining 11% on Tuesday.
Ucommune International Ltd shares gained 19.5% to $2.57 in pre-market trading after gaining 10% on Tuesday.
ICZOOM Group Inc. rose 19% to $60.69 in today’s pre-market trading.
Pacific Biosciences of California, Inc. gained 12.1% to $1.57 in pre-market trading. PacBio shares dipped more than 50% on Tuesday after the company issued weak guidance.

Losers

Connexa Sports Technologies Inc. (NASDAQ: YYAO) fell 32.3% to $1.42 in pre-market trading.
Dynatronics Corporation fell 19.2% to $0.4442 in pre-market trading after gaining around 48% on Tuesday.
Destiny Tech100 Inc. fell 17.3% to $35.97 in pre-market trading after gaining around 18% on Tuesday.
WiSA Technologies, Inc. fell 15.2% to $5.17 in pre-market trading. WiSA shares jumped over 248% on Tuesday after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand.
Dragonfly Energy Holdings Corp. declined 14.8% to $0.5232 in pre-market trading. Dragonfly Energy shares jumped over 36% on Tuesday after the company reported better-than-expected fourth-quarter EPS results.
China SXT Pharmaceuticals, Inc. fell 14.7% to $1.38 pre-market trading. China SXT Pharmaceuticals shares jumped 38% on Tuesday following a post on X from trader Zack Morris mentioning the stock.
Trilogy Metals Inc. shares fell 14.4% to $0.43 in pre-market trading.
Trio Petroleum Corp. fell 12.8% to $0.4250 pre-market trading after dipping over 22% on Tuesday.
J B Hunt Transport Services Inc shares fell 6% to $172.00 in pre-market trading after the company missed first-quarter revenue and EPS estimates.
ASML Holding N.V. shares declined 4.9% to $929.00 in pre-market trading after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.

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Why Skillsoft Shares Are Trading Lower By Around 27%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga

Shares of Skillsoft Corp. fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates.

Skillsoft posted adjusted loss of $3.09 per share, versus market estimates of $3.27 per share. The company’s quarterly sales came in at $137.540 million versus expectations of $141.897 million.

Skillsoft shares dipped 26.7% to $6.74 on Tuesday.

Here are some other stocks moving in today's mid-day session.

Gainers

WiSA Technologies, Inc. jumped 85% to $3.2379 after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand.
Palisade Bio, Inc. shares climbed 79.1% to $7.45 after the company announced the completion of analysis evaluating ex-vivo bioactivation of PALI-2108.
Jaguar Health, Inc. shares gained 67% to $0.1989 after the company signed an exclusive 5-year in-license agreement with Venture Life Group for Gelclair.
Dynatronics Corporation shares rose 44.4% to $0.5342 after dipping over 5% on Monday.
IMAC Holdings, Inc. surged 40% to $4.69.
Peraso Inc. gained 38.8% to $1.75. Peraso recently announced that it received an additional $2.88 million purchase order.
Macatawa Bank Corporation rose 38.8% to $13.78 after Wintrust Financial Corporation (NASDAQ: WFTC) and Macatawa Bank announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction.
China SXT Pharmaceuticals, Inc. jumped 29.9% to $1.52.
Dragonfly Energy Holdings Corp. gained 26.7% to $0.57 after the company posted a profit for the fourth quarter.
Intra-Cellular Therapies, Inc. gained 24.1% to $80.39 after the company announced Lumateperone 42 mg once daily as adjunctive therapy to antidepressants met its primary endpoint.
Cullinan Oncology, Inc. jumped 20.4% to $19.93. The company announced its plan to expand into autoimmune diseases.
Taoping Inc. shares gained 14.1% to $0.97 after dipping 20% on Monday.
BioSig Technologies, Inc. climbed 13.1% to $1.2439.
NextNav Inc. gained 13.1% to $7.98.
UnitedHealth Group Incorporated jumped 6.2% to $473.20 following better-than-expected first-quarter earnings.
Contineum Therapeutics, Inc. gained 6.1% to $15.50.
Telefonaktiebolaget LM Ericsson rose 4.7% to $5.01 after the company reported better-than-expected first-quarter EPS results.

Losers

Barnes & Noble Education, Inc. shares dipped 58.2% to $0.2947 after the company announced a short-term shareholder rights plan and a new equity investment.
Calidi Biotherapeutics, Inc. fell 54.8% to $0.2711 after the company announced the pricing of a $6.1 million public offering.
Nexalin Technology, Inc. fell 46% to $1.07.
Pacific Biosciences of California, Inc. fell 40.2% to $1.6999 after the company issued weak guidance.
Ryvyl Inc. fell 29.3% to $1.44 after the company announced the launch of a proposed underwritten public offering.
Beneficient dipped 25% to $0.0676. Beneficient announced a reverse stock split to regain compliance with Nasdaq's minimum bid price.
PainReform Ltd. fell 23.3% to $0.7515 after the company priced its $4 million public offering.
Siyata Mobile Inc. dipped 23.3% to $2.46. Siyata Mobile filed for offering of maximum of $4 million of common shares.
Kaival Brands Innovations Group, Inc. fell 22.2% to $4.90.
ParaZero Technologies Ltd. fell 18% to $0.91 after the company announced its intention to enter the counter unmanned aircraft system market.
Complete Solaria, Inc. dipped 16.5% to $0.2167.
SolarMax Technology, Inc. fell 13.4% to $12.91.
Addex Therapeutics Ltd declined 10.8% to $22.07 after falling around 3% on Monday.
Inovio Pharmaceuticals, Inc. shares declined 10.3% to $9.87. INOVIO priced its $36 million underwritten offering of 2,536,258 common stock at $7.693 per share.
First Majestic Silver Corp. fell 10.2% to $6.72.
SciSparc Ltd. fell 10.1% to $1.33 after declining around 6% on Monday. The company recently announced the acquisition of AutoMax.
Qilian International Holding Group Limited fell 9.1% to $0.6303 after declining around 8% on Monday.
ProFrac Holding Corp. fell 8.6% to $7.76.
Adlai Nortye Ltd. declined 7.4% to $9.80.
Cartesian Therapeutics, Inc. fell 6.9% to $17.69.
MINISO Group Holding Limited fell 6.8% to $19.33.
ArcelorMittal SA shares fell 6.6% to $25.16 after Deutsche Bank downgraded the stock from Buy to Hold.
Live Nation Entertainment, Inc. fell 5.8% to $94.00 following a report indicating the Justice Department will file an antitrust lawsuit against the company.

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Morgan Stanley, Intra-Cellular Therapies, China SXT Pharmaceuticals

Reuters

Live Nation Entertainment

+0.90%

Bank of America

+1.06%

The Dow Jones Industrial Average outshone its peers on Tuesday following upbeat results from health insurer UnitedHealth, while higher Treasury yields and conflict in the Middle East kept investors on edge.

At 11:02 ET, the Dow Jones Industrial Average was up 0.13% at 37,782.74. The S&P 500 was down 0.29% at 5,047.31 and the Nasdaq Composite was down 0.23% at 15,848.449.

The top three S&P 500 (.PG.INX) percentage gainers:

** UnitedHealth Group , up 4.9%

** Morgan Stanley , up 3.6%

** Super Micro Computer , up 3.4%

The top three S&P 500 (.PL.INX) percentage losers:

** Live Nation Entertainment , down 6.5%

** Bank Of America , down 3.9%

** Northern Trust , down 3.6%

The top two NYSE (.PG.N) percentage gainers:

** Better Choice Company , up 24%

** System1 , up 9.6%

The top three NYSE (.PL.N) percentage losers:

** Skillsoft Corp , down 29.9%

** Cazoo , down 18.6%

** Annovis Bio , down 11.5%

The top three Nasdaq (.PG.O) percentage gainers:

** China SXT Pharmaceuticals , up 136.8%

** WiSA Technologies , up 94%

** Palisade Bio , up 61.4%

The top three Nasdaq (.PL.O) percentage losers:

** Kaival Brands Innovations , down 27.6%

** Siyata Mobile , down 26.8%

** Conifer Holdings , down 16.4%

** International Paper : down 1.1%

BUZZ - Rises on $7.2 bln all-share deal to buy DS Smith

** Live Nation Entertainment : down 6.5%

BUZZ - Slides on report DOJ to file antitrust suit

** UnitedHealth Group : up 4.9%

** Humana : up 2.4%

** CVS Health : up 0.5%

** Elevance Health : up 1.2%

BUZZ- US health insurers rise on UnitedHealth's upbeat Q1 profit

** Lexeo Therapeutics (LEXO.O): down 1.2%

BUZZ - Rises after receiving fast track tag for gene therapy

** Intra-Cellular Therapies : up 25%

BUZZ - Up as depression drug meets main goal of late-stage study

** Howard Hughes : down 1.8%

BUZZ - JPM cuts PT on deep discount to net asset value

** Tesla : down 2.8%

BUZZ - Shares extend losses as brokerages flag challenged near term outlook

** BioRestorative Therapies : up 21.2%

BUZZ - Up as FDA clears change to study on cell therapy

** Legend Biotech :down 4.4%

BUZZ - Slips on downbeat Q1 sales for J&J-partnered blood cancer therapy

** SilverBow Resources : down 6.2%

BUZZ - Falls after Kimmeridge withdraws takeover offer

** Rio Tinto : down 2.1%

** BHP Group : down 3.8%

** Southern Copper : down 2.2%

** Freeport-McMoRan : down 2.8%

BUZZ - Copper miners fall as stronger dollar weighs on red metal

** Ducommun : down 2.0%

BUZZ - Down after rejecting takeover bid from Albion River

** Trump Media : down 10.6%

BUZZ - Extends losses; announces TV streaming plans

** Chevron : down 0.6%

** Exxon Mobil : down 0.5%

** APA Corp : down 1.7%

** Occidental Petroleum : down 3%

** Halliburton : down 1.5%

** Baker Hughes : down 0.9%

BUZZ - US energy sector falls as crude prices dip on easing Middle East supply concerns

** Hecla Mining : down 1.5%

** Coeur Mining : down 1.8%

BUZZ - Silver miners fall as interest rate cut bets diminish

** XPO : down 2.1%

BUZZ - Benchmark raises PT on stronger operating performance, solid pricing

The 11 major S&P 500 sectors:

Communication Services		down 0.09%
Consumer Discretionary		down 0.43%
Consumer Staples		up 0.10%
Energy		down 0.82%
Financial		down 0.60%
Health		up 0.11%
Industrial		down 0.56%
Information Technology		down 0.02%
Materials		down 0.94%
Real Estate		down 1.55%
Utilities		down 1.49%