Shares of Arhaus, Inc. (NASDAQ:ARHS) fell sharply during Monday's session.
Jefferies analyst Jonathan Matuszewski downgraded Arhaus from Buy to Hold and lowered the price target from $22 to $16.
Arhaus shares dipped 7.9% to $14.55 on Monday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- Morphic Holding, Inc. (NASDAQ:MORF) shares jumped 75% to $55.72 after Eli Lilly agreed to buy the company for $57 per share in cash.
- Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) climbed 71% to $6.97 after jumping around 50% on Friday.
- SRIVARU Holding Limited (NASDAQ:SVMH) shares climbed 61.3% to $0.2549 after the company announced the deployment of advanced AI tools to manage its lead generation platform.
- Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares climbed 47% to $2.1928 after gaining 8% on Friday.
- Hywin Holdings Ltd. (NASDAQ:HYW) gained 39.5% to $0.4352.
- Shapeways Holdings, Inc. (NASDAQ:SHPW) climbed 39% to $0.2918 after dipping 22% on Friday.
- Myomo, Inc. (NYSE:MYO) gained 32% to $3.80 after the company issued preliminary second-quarter revenue guidance above estimates.
- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) shares rose 31% to $0.3129 after jumping over 38% on Friday.
- Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) climbed 31% to $0.7660 after the company closed a $2.5 million secured loan financing from an institutional investor, enabling the final payment of its litigation settlement.
- LL Flooring Holdings, Inc. (NYSE:LL) surged 20.4% to $0.6789.
- Nikola Corporation (NASDAQ:NKLA) rose 18.5% to $10.65.
- Grifols, S.A. (NASDAQ:GRFS) gained 17.2% to $8.24 after Brookfield confirmed it held exploratory discussions with certain shareholders of the company in relation to a potential joint offer for Grifols’ shares.
- Pulse Biosciences, ...