Shares of Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) fell sharply during Friday's session after the company announced pricing of $6.0 million public offering.
Kaival Brands priced its 3,921,500 unit offering at $15.3 per unit.
Kaival Brands Innovations Group shares dipped 47% to $1.52 on Friday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- American Rebel Holdings, Inc. (NASDAQ:AREB) shares jumped 161% to $0.8048 after the company signed a Connecticut distribution agreement with Dichello Distributors.
- Sharecare, Inc. (NASDAQ:SHCR) jumped 74% to $1.35 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.
- Spectaire Holdings Inc. (NASDAQ:SPEC) shares surged 73% to $0.5883. The company recently announced a purchase order and delivery of its advanced AireCore units to American Ag Energy.
- Minim, Inc. (NASDAQ:MINM) gained 48% to $4.2389.
- Sarepta Therapeutics, Inc. (NASDAQ:SRPT) rose 39.2% to $171.89 after the company announced FDA approval of an expansion to the labeled indication for ELEVIDYS to include individuals with Duchenne muscular dystrophy with a confirmed mutation in the DMD gene who are at least 4 years of age. Also, multiple firms raised their respective price targets on the stock.
- Mustang Bio, Inc. (NASDAQ:MBIO) gained 36.5% to $0.7661. Mustang Bio recently announced a $2.5 million registered direct offering of 6.130 million shares at $0.41 per share.
- Clover Health Investments, Corp. (NASDAQ:CLOV) shares climbed 31% to $1.35 following insider buying from the company's co-founder. After the market close on Thursday, Clover Health filed a Form 4 with the SEC showing that co-founder ...