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As of 12:35 PM EST, several small-cap stocks showed significant movements during the mid day trading session.
At the first place stood Pliant Therapeutics, Inc. which declined by 58.99%, while trading at 3.20 USD, with a market capitalization of 474.05M USD. The drug developer company’s stock was plunging on Monday after the company on Friday revealed the halt of enrollment and dosing in mid-stage trial testing its experimental lead drug, bexotegrast, to treat a type of lung disease called idiopathic pulmonary fibrosis.
Global Star Acquisition, Inc. dropped 10.68%, with its stock priced at 9.20 USD, and a market cap of 30.31M USD. However, Brand Engagement Network Inc. surged 65.83%, trading at 0.6799 USD, with a market capitalization of 25.79M USD.
Cyngn Inc. saw a sharp rise of 138.87%, with its stock price at 0.1438 USD, and a market cap of 1.65M USD. On the other hand, Ocean Biomedical, Inc. gained 11.96%, with shares priced at 0.1488 USD, and a market capitalization of 5.19M USD. The stock was up on Monday after the company announced breakthrough findings in EGFR-Mutant lung cancer while it also plans for FDA alignment for the next stage.
Lastly in the consumer services sector Bally’s Corporation fell 20.31%, trading at 14.54 USD, with a market cap of 591.09M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.