ContextLogic (NASDAQ:LOGC) Azioni

ContextLogic

ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives majority of its revenue from Europe and also has a presence in North America; South America, and other countries.

ContextLogic Inc

<h3>Companies Reporting Before The Bell</h3>
• EHang Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>) is projected to report quarterly loss at $0.07 per share on revenue of $23.36 million. 
• Hello Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $365.05 million. 
• Chicago Atlantic Real (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REFI#NASDAQ">REFI</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $14.19 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is expected to report earnings for its fourth quarter. 
• Upland Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPLD#NASDAQ">UPLD</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $67.84 million. 
• VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $284.88 million. 
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $107.94 million. 
• Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $200.59 million. 
• Arcos Dorados Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCO#NYSE">ARCO</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $1.15 billion. 
• Vivid Seats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAT#NASDAQ">SEAT</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $194.15 million. 
• OptimizeRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $30.36 million. 
• Navigator Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVGS#NYSE">NVGS</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $120.87 million. 
• ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) is projected to report quarterly earnings at $0.78 per share on revenue of $2.09 billion. 
• Smith Douglas Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $265.85 million. 
• Amarin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRN#NASDAQ">AMRN</a>) is expected to report quarterly loss at $0.03 per share on revenue of $32.37 million. 
• ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) is expected to report quarterly earnings at $3.49 per share on revenue of $2.02 billion. 
• Solo Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTC#NYSE">DTC</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $161.60 million. 
• National Energy Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NESR#NASDAQ">NESR</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $339.84 million. 
• iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) is expected to report quarterly loss at $1.73 per share on revenue of $171.00 million. 
• Ondas Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) is expected to report quarterly loss at $0.09 per share on revenue of $5.75 million. 
• BingEx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) is expected to report earnings for its fourth quarter. 
• InspireMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSPR#NASDAQ">NSPR</a>) is likely to report quarterly loss at $0.19 per share on revenue of $1.82 million. 
• United Homes Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UHG#NASDAQ">UHG</a>) is estimated to report earnings for its fourth quarter. 
• Harvard Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBIO#NASDAQ">HBIO</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $24.15 million. 
• MagnaChip Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MX#NYSE">MX</a>) is expected to report quarterly loss at $0.19 per share on revenue of $61.57 million. 
<h3>Companies Reporting After The Bell</h3>
• Vasta Platform (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTA#NASDAQ">VSTA</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $110.28 million. 
• KLX Energy Services Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLXE#NASDAQ">KLXE</a>) is expected to report quarterly loss at $0.80 per share on revenue of $168.90 million. 
• Algoma Steel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTL#NASDAQ">ASTL</a>) is expected to report earnings for its third quarter. 
• Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) is projected to report quarterly loss at $0.25 per share on revenue of $129.53 million. 
• Aris Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) is estimated to report earnings for its fourth quarter. 
• Legacy Housing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEGH#NASDAQ">LEGH</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $44.59 million. 
• Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) is expected to report quarterly loss at $0.19 per share on revenue of $36.66 million. 
• Montauk Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTK#NASDAQ">MNTK</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $56.32 million. 
• Ellington Credit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EARN#NYSE">EARN</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $9.65 million. 
• FreightCar America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAIL#NASDAQ">RAIL</a>) is expected to report quarterly earnings at $0.05 per share on revenue of $152.02 million. 
• PHX Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHX#NYSE">PHX</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $8.93 million. 
• Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is expected to report quarterly earnings at $1.82 per share on revenue of $1.64 billion. 
• SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $222.33 million. 
• ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) is likely to report earnings for its fourth quarter. 
• UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $425.34 million. 
• SenesTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNES#NASDAQ">SNES</a>) is estimated to report quarterly loss at $1.50 per share on revenue of $710 thousand. 
• RCM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCMT#NASDAQ">RCMT</a>) is expected to report quarterly earnings at $0.83 per share on revenue of $79.00 million. 
• Beauty Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKIN#NASDAQ">SKIN</a>) is projected to report quarterly loss at $0.09 per share on revenue of $77.45 million. 
• Fathom Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTHM#NASDAQ">FTHM</a>) is projected to report quarterly loss at $0.17 per share on revenue of $84.70 million. 
• Cardlytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDLX#NASDAQ">CDLX</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $63.63 million. 
• Biote (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTMD#NASDAQ">BTMD</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $51.20 million. 
• Limoneira (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMNR#NASDAQ">LMNR</a>) is projected to report quarterly loss at $0.17 per share on revenue of $40.70 million. 
• Calavo Growers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) is expected to report quarterly earnings at $0.29 per share on revenue of $161.55 million. 
• KORU Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRMD#NASDAQ">KRMD</a>) is likely to report quarterly loss at $0.02 per share on revenue of $8.89 million. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $1.60 billion. 
• Berry Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRY#NASDAQ">BRY</a>) is expected to report quarterly earnings at $0.15 per share on revenue of $173.00 million. 
• Phreesia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) is projected to report quarterly loss at $0.19 per share on revenue of $108.91 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is projected to report quarterly earnings at $4.97 per share on revenue of $5.66 billion. 
• electroCore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECOR#NASDAQ">ECOR</a>) is expected to report quarterly loss at $0.34 per share on revenue of $7.29 million. 
• AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $9.73 million. 
• BGSF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGSF#NYSE">BGSF</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $67.65 million. 
• CI&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) is projected to report earnings for its fourth quarter. 
• Companhia Siderurgica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SID#NYSE">SID</a>) is projected to report quarterly loss at $0.09 per share on revenue of $1.94 billion. 
• Performant Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHLT#NASDAQ">PHLT</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $34.15 million. 
• Urgently (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULY#NASDAQ">ULY</a>) is expected to report earnings for its fourth quarter. 
• Assertio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASRT#NASDAQ">ASRT</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $28.67 million. 
• Quest Resource Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRHC#NASDAQ">QRHC</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $73.63 million. 
• CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) is estimated to report earnings for its fourth quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is expected to report earnings for its third quarter. 
• Zedge (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#AMEX">ZDGE</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $7.71 million. 
• NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) is expected to report quarterly loss at $0.14 per share on revenue of $1.73 million. 
• Monogram Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRM#NASDAQ">MGRM</a>) is estimated to report earnings for its fourth quarter. 
• Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) is likely to report earnings for its fourth quarter. 
• Anika Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIK#NASDAQ">ANIK</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $29.00 million. 
• Aris Mining (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ARMN#AMEX">ARMN</a>) is likely to report earnings for its fourth quarter. 
• Brilliant Earth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRLT#NASDAQ">BRLT</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $116.82 million. 
• Tilly's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLYS#NYSE">TLYS</a>) is expected to report quarterly loss at $0.29 per share on revenue of $159.90 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For March 12, 2025

On Tuesday, ContextLogic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) and BC Partners unveiled a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43937765/contextlogic-announces-up-to-150-million-strategic-investment-by-bc-partners" rel="noreferrer noopener">strategic investment</a>. A BC Partners-advised fund will acquire up to $150 million in convertible preferred units from ContextLogic Holdings, LLC, a newly formed, wholly owned Delaware-based subsidiary of ContextLogic.
BC Partners, a global investment firm managing approximately 40 billion euros in assets, is leading the investment through its credit arm. ombined with existing cash, this will provide ContextLogic access to up to $300 million and $2.7 billion in net operating losses.
Together, they will explore strategic opportunities to maximize shareholder value while supporting management&#8217;s ongoing efforts to streamline operations and drive business growth through acquisitions or expansion.
The Preferred Units will carry a 4.00% dividend, increasing to 8.00% post-acquisition, and convert to common units at a 1:1 ratio. A BC Partners-advised fund will invest $75 million at closing, with Holdings retaining the option to issue an additional $75 million for acquisitions.
ContextLogic will own 58.4% of Holdings&#8217; common units upon full investment, while BC Partners&#8217; fund will hold 41.6% on a fully diluted basis.
&#8220;We strongly believe this new investment will provide us with the capital and flexibility needed to complete an attractive acquisition that could serve as a platform for future acquisitions and enable ContextLogic to fully utilize its considerable assets,&#8221; said Rishi Bajaj, Chief Executive Officer of ContextLogic.
As part of the transaction, Ted Goldthorpe and Mark Ward will join ContextLogic&#8217;s Board upon closing, with Goldthorpe serving as Chairman. Goldthorpe leads BC Partners Credit, and Ward is a principal at BC Partners.
Price Action: LOGC shares are trading higher by 16.30% at $8.39 at the last check on Tuesday.
Also Read:
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<li><a href="https://www.benzinga.com/25/02/43953210/tesla-acquires-german-tech-firm-manz-ag-assets-amid-insolvency">Tesla Acquires German Tech Firm Manz Assets Amid Insolvency</a></li>
</ul>

News

Financing

Tech

ContextLogic And BC Partners Forge $150 Million Strategic Partnership For Growth

WIIM

ContextLogica shares are trading higher after the company announced up to $150 million strategic investment by BC Partners.

ContextLogic Announces BC Partners Advisors L.P. Will Purchase Up To $150M Of Convertible Preferred Units

ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $(0.01) by 300 percent.

Earnings Misses

ContextLogic Q3 2024 GAAP EPS $(0.04) Misses $(0.01) Estimate

ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $(0.06) by 733.33 percent. The company reported quarterly sales of $7.00 million which beat the analyst consensus estimate of $1.74 million by 302.30 percent. This is a 91.03 percent decrease over sales of $78.00 million the same period last year.

Earnings Beats

ContextLogic Q2 2024 Adj EPS $(0.50) Misses $(0.06) Estimate, Sales $7.00M Beat $1.74M Estimate

<h3>Gainers</h3>
<ul>
<li>JX Luxventure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JXJT#NASDAQ">JXJT</a>) shares increased by 13.3% to $1.7 during Thursday's regular session. The market value of their outstanding shares is at $10.3 million. </li>
<li>Koss (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) shares increased by 9.59% to $11.65. The company's market cap stands at $107.8 million. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) stock rose 7.27% to $0.29. The company's market cap stands at $1.1 million. </li>
<li>Kirkland's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIRK#NASDAQ">KIRK</a>) shares rose 4.99% to $1.68. The market value of their outstanding shares is at $21.9 million. </li>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) stock increased by 4.95% to $15.46. The company's market cap stands at $57.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>ToughBuilt Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLT#NASDAQ">TBLT</a>) stock fell 10.8% to $4.47 during Thursday's regular session. The market value of their outstanding shares is at $3.4 million. </li>
<li>BurgerFi International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFI#NASDAQ">BFI</a>) shares declined by 9.16% to $0.17. The company's market cap stands at $4.7 million. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) stock fell 4.85% to $0.18. The company's market cap stands at $9.4 million. </li>
<li>ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) shares decreased by 4.6% to $5.49. The company's market cap stands at $134.3 million. </li>
<li>Lead Real Estate Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRE#NASDAQ">LRE</a>) shares decreased by 3.72% to $1.81. The company's market cap stands at $24.6 million. </li>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) stock declined by 3.51% to $1.1. The company's market cap stands at $11.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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RENT

TBLT

11 Consumer Discretionary Stocks Moving In Thursday's Intraday Session

LogicBio Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) reported quarterly losses of $(0.18) per share. This is a 41.94 percent increase over losses of $(0.31) per share from the same period last year.

LogicBio Therapeutics Q3 EPS $(0.18) Up From $(0.31) YoY

On Friday, shares of LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) experienced volatile short activity. After the activity, the stock price went up +0% to $2.07.
The overall sentiment for LOGC has been Neutral.
The signal from the volatility alert is trending Bearish. Therefore, the recommendation is to Increase Short Exposure.
The volatility alert was produced on the prior trading date, 11/4/2022 with a volatility change of +102.26%. The current volatility indicator stands at 7.928.
Overview: 
The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.
Understanding the Volatility Alert: 
Overall sentiment is considered &quot;bear&quot; when broad market activity of the stock has been shown to indicate a negative directional basis, or is considered &quot;bull&quot; when indicating a positive directional basis. The securities lending volatility indicator provides a signal when it detects unusual short activity. Unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted, the rate being paid to short the shares, and the type of collateral being posted - amongst other variables. The current volatility is the respective trading day&#39;s calculated securities lending volatility value. The volatility percentage change is the percentage difference in volatility between the two most recent days. The recommendation is a suggestive strategy, inferred from the strength of the Signal Trending, Current Volatility, and Volatility % Change. Recommendations may include, &quot;Strong Buy&quot;, &quot;Strong Sell&quot;, &quot;Increase Short Exposure&quot;, &quot;Decrease Short Exposure&quot;, or &quot;Market Neutral&quot;.
ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE 
&nbsp;

Penny Stocks

Short Ideas

Trading Ideas

Short Volatility Alert: LogicBio Therapeutics, Inc.

LogicBio Therapeutics Says On Oct. 14, Co. Received Compliance Letter From Nasdaq Notifying That Co.'s Bid Price Deficiency Had Been Cured

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 308.7% to close at $0.47 after dipping around 28% on Friday.</li>
<li>Oblong, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oblg#NASDAQ">OBLG</a>) gained 167% to settle at $0.40. Shares of several companies in the technology sector traded higher as stocks rebound following recent weakness.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares rose 92.9% to close at $6.50 after the stock rose more than 80% Friday.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) gained 48.9% to close at $1.31 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) gained 44.2% to close at $2.38. FSI reported termination of merger with Lygos Inc.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares climbed 36.1% to close at $24.44 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) gained 34% to settle at $0.3015.</li>
<li>Blue Star Foods Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bsfc#NASDAQ">BSFC</a>) jumped 32% to close at $0.8316. Blue Star Foods recently signed a one-year extension to its multi-year supply contract with Sysco Corp.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) climbed 29.5% to close at $9.30.</li>
<li>Engine Gaming and Media, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/game#NASDAQ">GAME</a>) gained 28.9% to close at $0.7262. Engine Gaming&#39;s Frankly Media and Aggregated Media announced a partnership.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) climbed 26.9% to close at $38.37 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Energy Vault Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrgv#NYSE">NRGV</a>) surged 23.1% to settle at $6.50.</li>
<li>MyMD Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mymd#NASDAQ">MYMD</a>) gained 22.6% to close at $3.20.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 22.4% to close at $11.15.</li>
<li>Snow Lake Resources Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/litm#NASDAQ">LITM</a>) surged 22.2% to close at $2.15.</li>
<li>F-star Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fstx#NASDAQ">FSTX</a>) rose 21.7% to settle at $6.23. F-star Therapeutics, in August, posted a Q2 loss of $0.88 per share.</li>
<li>Locafy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lcfy#NASDAQ">LCFY</a>) gained 20.5% to settle at $0.47.</li>
<li>Isoray, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/isr#NYSE">ISR</a>) jumped 20.4% to close at $0.2769. IsoRay recently announced it entered into a definitive agreement to acquire Viewpoint Molecular Targeting.</li>
<li>Century Aluminum Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cenx#NASDAQ">CENX</a>) gained 18.6% to close at $6.26. Shares of aluminum companies traded higher as the London Metal Exchange considers a potential ban on Russian commodities.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) climbed 18.6% to close at $4.02.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) gained 18.4% to close at $2.19.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 18.3% to close at $47.81 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Immunovant, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imvt#NASDAQ">IMVT</a>) gained 18.1% to close at $6.59.</li>
<li>Gol Linhas A&eacute;reas Inteligentes S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gol#NYSE">GOL</a>) jumped 16.7% to close at $3.84 as Brazilian President Bolsonaro outperforms polls in the Brazilian runoff election.</li>
<li>Azul S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azul#NYSE">AZUL</a>) gained 16.3% to close at $9.47 after the Brazilian election resulted in a runoff giving Bolsonaro a chance to maintain the presidency.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 15.7% to close at $11.25. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Kiora Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kprx#NASDAQ">KPRX</a>) rose 15.6% to close at $7.11.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.8% to close at $1.01. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>BGC Partners, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bgcp#NASDAQ">BGCP</a>) rose 14.7% to close at $3.60. BGC Partners recently said it expects Q3 sales to be below the midpoint of the range it previously stated.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) rose 14.2% to close at $11.51.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 13.9% to close at $2.29.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to close at $3.89.</li>
<li>Endeavour Silver Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/exk#NYSE">EXK</a>) gained 13.6% to close at $3.43.</li>
<li>Oceaneering International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oii#NYSE">OII</a>) jumped 12.9% to close at $8.99. Shares of oil-related stocks traded higher as oil rises amid reports suggesting OPEC+ is considering an oil production cut of 1 million barrels per day.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) gained 12.7% to close at $1.33.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) gained 12.7% to close at $0.3370 after gaining 8% on Friday.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 12.6% to close at $13.90.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 11.1% to close at $37.39.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 10.6% to close at $3.0963. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 8.8% to close at $0.1850. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) gained 8.5% to close at $8.47.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) gained 8.2% to close at $3.18 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) gained 7.9% to close at $5.58. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a 1M barrel per day oil production cut.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) gained 7.3% to close at $2.73.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) gained 7% to settle at $19.39.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) gained 6.2% to close at $0.50.</li>
</ul>
&nbsp;
<h3>Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) fell 45.3% to close at $3.16 on Monday after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares fell 28.2% to close at $2.01 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>Nuwellis, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nuwe#NASDAQ">NUWE</a>) dipped 22.1% to settle at $0.4201 after the company announced results of the AVOID-HF clinical study analysis at the 2022 HFSA meeting, showing a &quot;statistically superior clinical benefit of Aquadex therapy in reducing heart failure events and mortality.&quot;</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) dropped 20.9% to close at $0.0949. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 20.6% to close at $2.40. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 19.5% to close at $14.59. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Pharvaris N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phvs#NASDAQ">PHVS</a>) dropped 19.3% to close at $6.19.</li>
<li>Ecoark Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zest#NASDAQ">ZEST</a>) fell 19.2% to settle at $1.05.</li>
<li>GigaCloud Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gct#NASDAQ">GCT</a>) dropped 18.5% to close at $8.24. Aegis Capital initiated coverage on GigaCloud Tech with a Buy rating and announced a price target of $26.</li>
<li>Adamis Pharmaceuticals Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/admp#NASDAQ">ADMP</a>) dropped 16.8% to close at $0.1651. Adamis Pharmaceuticals announced a review of strategic alternatives.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15.8% to close at $8.15.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14.9% to close at $5.90 after dropping 20% on Friday.</li>
<li>Eve Holding, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/evex#NYSE">EVEX</a>) dropped 14.6% to settle at $7.89.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) fell 14% to close at $29.10. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 13.8% to close at $0.8970.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) fell 12.8% to close at $16.16.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) fell 12% to close at $8.80.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 10.6% to close at $61.04.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) fell 10.6% to close at $7.86.</li>
<li>Third Harmonic Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thrd#NASDAQ">THRD</a>) dropped 10.4% to close at $17.00.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) fell 10.3% to close at $0.0969. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ape#NYSE">APE</a>) fell 10% to close at $2.44.</li>
<li>mCloud Technologies Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcld#NASDAQ">MCLD</a>) dipped 9.3% to settle at $1.36.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 9.2% to close at $2.07. Lilium recently announced partnership with GlobeAir.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 8.6% to close at $242.40 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
<li>Lordstown Motors Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ride#NASDAQ">RIDE</a>) dropped 7.7% to settle at $1.69.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) fell 6.1% to close at $10.44.</li>
</ul>

Small Cap

Pre-Market Outlook

Markets

ACOR

ADMP

ADTX

ANEB

APLS

APRN

ATHX

ATXI

AURA

AVCT

AZUL

BGCP

BLTE

BSFC

CALA

CENX

CLNN

CSCW

EVEX

FAZE

FNGR

FNHC

FSTX

GAME

HIPO

IDCC

IMVT

Kiora Pharmaceuticals, Inc. - Common Stock

KPRX

Kintara Therapeutics, Inc. - Common Stock

KTRA

KUKE

LCFY

LILM

LITM

LTRY

LVWR

MCLD

MESO

MOND

MyMD Pharmaceuticals, Inc. - Common Stock

MYMD

MYOV

NRGV

NUWE

OBLG

PHVS

QTEK

RELY

Lordstown Motors Corp. - Class A Common Stock

RIDE

Companhia De Saneamento Basico Do Estado De Sao

SHF Holdings, Inc. - Class A Common Stock

SHFS

TENX

THRD

TKAT

TMBR

TSLA

TYRA

VSAT

WALD

WLDS

ZEST

Why Oil-Related Stocks Traded Higher; Here Are 74 Biggest Movers From Yesterday

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite climbing around 270 points on Monday.
The Dow traded up 2.93% to 29,566.07&nbsp;while the NASDAQ rose 2.56% to 10,846.26. The S&amp;P 500 also rose, gaining, 2.85% to 3,687.75.
<a href="https://www.benzinga.com/news/22/10/29113143/nike-lululemon-dicks-sporting-goods-and-other-big-losers-from-friday">Also check this: Nike, Lululemon, Dick&#39;s Sporting Goods And Other Big Losers From Friday </a>

Leading and Lagging Sectors

Energy shares jumped by 4.9% on Monday. Leading the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> was strength from Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) and Amplify Energy Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ampy#NYSE">AMPY</a>).

In trading on Monday, consumer discretionary shares rose by just 0.2%.

Top Headline

The ISM manufacturing PMI unexpectedly dropped to 50.9 in September, compared with 52.8 in the previous month. However, analysts were expecting a reading of 52.2.
&nbsp;
Equities Trading UP
&nbsp;
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares shot up 644% to $2.0264 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>Shares of Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) got a boost, shooting 39% to $2.3016. FSI reported termination of merger with Lygos Inc.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares were also up, gaining 38% to $24.84 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
</ul>

&nbsp;
Equities Trading DOWN
<ul>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares tumbled 29% to $1.9770 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>Shares of Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) were down 40% to $3.4808 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Timber Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NASDAQ">TMBR</a>) was down, falling 20% to $0.0961 after the company announced a $1.3 million registered direct offering.</li>
</ul>


<a href="https://www.benzinga.com/news/22/10/29112813/dow-tumbles-500-points-volatility-in-markets-increases-further">Also check out: Dow Tumbles 500 Points, Volatility In Markets Increases Further</a>

Commodities
In commodity news, oil traded up 5.1% to $83.53, while gold traded up 1.8% at $1,701.70.

Silver traded up 8.2% to $20.605 on Monday while copper fell 0.1% to $3.4115.

Euro zone

European shares closed higher today. The eurozone&rsquo;s STOXX 600 gained 0.77%, London&rsquo;s FTSE 100 rose 0.22% while Spain&rsquo;s IBEX 35 Index rose 1.29%. The German DAX gained 0.79%, French CAC 40 gained 0.55% and Italy&rsquo;s FTSE MIB Index gained 1.57%.
The S&amp;P Global Eurozone manufacturing PMI was revised lower to 48.4 in September compared to a preliminary reading of 48.5. The S&amp;P Global/CIPS manufacturing PMI for UK was revised lower to 48.4 in September from a preliminary level of 48.5, while German manufacturing PMI fell to 47.8 in September from a preliminary reading of 48.3.
The S&amp;P Global French manufacturing PMI fell to 47.7 in September versus 50.6 in the previous month, while Italian manufacturing PMI rose to 48.3 in September from the 48 a month ago. The S&amp;P Global manufacturing PMI for Spain dropped to 49 in September from 49.9 in the prior month.

Economics
&nbsp;
<ul>
<li>The final reading of S&amp;P Global manufacturing PMI was revised higher to 52 for September from preliminary reading of 51.8 and up from 51.5 in August.</li>
<li>The ISM manufacturing PMI unexpectedly dropped to 50.9 in September, compared with 52.8 in the previous month. However, analysts were expecting a reading of 52.2.</li>
<li>Construction spending in the US dropped by 0.7% from the prior month to an annual rate of $1.78 billion in August.</li>
</ul>


<a href="https://www.benzinga.com/news/22/10/29113844/investor-fear-eases-slightly-despite-dow-dipping-around-9-in-september">Check out this: Investor Fear Eases Slightly Despite Dow Dipping Around 9% In September</a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 98,254,650 cases with around 1,084,890 deaths. India confirmed a total of at least 44,597,490 cases and 528,700 deaths, while France reported over 35,475,260 COVID-19 cases with 155,110 deaths. In total, there were at least 623,554,200 cases of COVID-19 worldwide with more than 6,550,950 deaths.

Eurozone

Commodities

Global

Intraday Update

AMPY

Nasdaq Jumps 270 Points; Silver Surges Over 8%

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) shares increased by 641.3% to $2.02 during Monday&#39;s regular session. The current volume of 10.3 million shares is 5450.9% of LogicBio Therapeutics&#39;s average full-day volume over the last 100 days (last updated at 13:30 EST). The company&#39;s market cap stands at $66.5 million.</li>
<li>Myovant Sciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYOV#NYSE">MYOV</a>) shares moved upwards by 38.78% to $24.93. Trading volume for Myovant Sciences&#39;s stock is 6.3 million as of 13:30 EST. This is 853.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $2.3 billion.</li>
<li>Avenue Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXI#NASDAQ">ATXI</a>) shares rose 31.16% to $13.22. The current volume of 13.8 million shares is 784.6% of Avenue Therapeutics&#39;s average full-day volume over the last 100 days (last updated at 13:30 EST). The market value of their outstanding shares is at $19.5 million.</li>
<li>Bionomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNOX#NASDAQ">BNOX</a>) shares increased by 24.37% to $7.79. The company&#39;s market cap stands at $58.5 million.</li>
<li>Lucira Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LHDX#NASDAQ">LHDX</a>) shares moved upwards by 21.38% to $1.29. As of 13:30 EST, Lucira Health&#39;s stock is trading at a volume of 98.0K, which is 190.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $51.6 million.</li>
<li>Anebulo Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANEB#NASDAQ">ANEB</a>) stock rose 20.93% to $3.39. The market value of their outstanding shares is at $79.1 million.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Clene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) shares declined by 30.4% to $1.95 during Monday&#39;s regular session. Trading volume for this security as of 13:30 EST is 2.7 million, which is 236.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $123.8 million.</li>
<li>Belite Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLTE#NASDAQ">BLTE</a>) shares fell 19.71% to $26.94. As of 13:30 EST, this security is trading at a volume of 70.5K shares, making up 111.7% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $669.9 million.</li>
<li>Adamis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMP#NASDAQ">ADMP</a>) shares declined by 16.53% to $0.17. Trading volume for this security as of 13:30 EST is 2.3 million, which is 331.0% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $24.8 million.</li>
<li>Aura Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AURA#NASDAQ">AURA</a>) stock decreased by 16.01% to $15.22. As of 13:30 EST, Aura Biosciences&#39;s stock is trading at a volume of 92.6K, which is 130.8% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $445.5 million.</li>
<li>Shuttle Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPH#NASDAQ">SHPH</a>) stock fell 14.38% to $3.93. As of 13:30 EST, Shuttle Pharmaceuticals&#39;s stock is trading at a volume of 694.1K, which is 13.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $52.9 million.</li>
<li>Kintara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTRA#NASDAQ">KTRA</a>) shares decreased by 14.08% to $0.09. As of 13:30 EST, Kintara Therapeutics&#39;s stock is trading at a volume of 3.9 million, which is 172.6% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $7.4 million. As per the news, the Q4 earnings report came out 4 days ago. See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

BNOX

LHDX

SHPH

12 Health Care Stocks Moving In Monday's Intraday Session

LogicBio Therapeutics&#39;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) short percent of float has fallen 62.5% since its last report. The company recently reported that it has 29 thousand shares sold short, which is 0.12% of all regular shares that are available for trading. Based on its trading volume, it would take traders 0.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>LogicBio Therapeutics Short Interest Graph (3 Months)</h3>
<img alt="short_fig" src="https://www.benzinga.com/files/images/story/2022/1664816450_0_0.png" />
As you can see from the chart above the percentage of shares that are sold short for LogicBio Therapeutics has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing LogicBio Therapeutics&#39;s Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company&#39;s peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company&#39;s peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, LogicBio Therapeutics&#39;s peer group average for short interest as a percentage of float is 8.05%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>.
This article was generated by Benzinga&#39;s automated content engine and was reviewed by an editor.

Short Sellers

Looking Into LogicBio Therapeutics's Recent Short Interest

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 223% to $0.3725 after dipping around 28% on Friday.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares gained 63.3% to $5.50 after the stock rose more than 80% Friday.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) gained 47.1% to $14.83.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares gained 36% to $24.43 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) climbed 33% to $1.1701 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) rose 32% to $1.56.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) rose 25.7% to $2.0736. FSI reported termination of merger with Lygos Inc.</li>
<li>Bionomics Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bnox#NASDAQ">BNOX</a>) gained 24.4% to $7.79.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 20.9% to $3.3861. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Versus Systems Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vs#NASDAQ">VS</a>) gained 20.5% to $0.2254.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) rose 20.3% to $8.64.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 20.2% to $10.95.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) jumped 19.9% to $0.5645.</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 19.4% to $0.2030. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) climbed 18.5% to $3.4876 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) rose 16.7% to $0.3490 after gaining 8% on Friday.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 16.3% to $2.33.</li>
<li>Freight Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frgt#NASDAQ">FRGT</a>) climbed 15.6% to $0.59.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.5% to $1.0087. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) surged 13.7% to $8.17.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to $3.89.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 13% to $11.02 Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Atlis Motor Vehicles, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amv#NASDAQ">AMV</a>) rose 12.8% to $23.00 after dropping around 40% on Friday.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) jumped 12% to $2.85.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 11.9% to $13.81.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) fell 11.7% to $8.73.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) gained 10% to $3.70.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 8.5% to $36.52.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) jumped 6% to $19.20.</li>
</ul>
<h3>
Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) dropped 35% to $3.76 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares dipped 31.4% to $1.92 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 31.2% to $2.0812. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) fell 23.3% to $0.0920. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) dropped 20.8% to $26.80. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) dropped 15% to $8.50.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15% to $8.23.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14% to $5.96 after dropping 20% on Friday.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 14% to $0.8949.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 12.9% to $1.9850. Lilium recently announced partnership with GlobeAir.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 12.1% to $60.03.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 11.7% to $16.00. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) dropped 11.5% to $7.78.</li>
<li>Lion Group Holding Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lghl#NASDAQ">LGHL</a>) fell 11% to $0.89.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) declined 9.7% to $16.72.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) dropped 8.2% to $0.0991. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) dipped 7.8% to $10.25.</li>
<li>SAI.TECH Global Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sai#NASDAQ">SAI</a>) fell 7.3% to $3.0050 after jumping 43% on Friday.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 7.2% to $246.09 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
</ul>

Alternative Asset Management Acquisition Corp

FRGT

LGHL

Why Tesla Shares Are Trading Lower By Over 7%, Here Are 52 Stocks Moving In Monday's Mid-Day Session

U.S. stocks extended gains midway through trading, with the Dow Jones gaining more than 600 points on Monday.
The Dow traded up 2.17% to 29,349.33 while the NASDAQ rose 1.72% to 10,757.76. The S&amp;P 500 also rose, gaining, 2.03% to 3,658.58.
<a href="https://www.benzinga.com/news/22/10/29113143/nike-lululemon-dicks-sporting-goods-and-other-big-losers-from-friday">Also check this: Nike, Lululemon, Dick&#39;s Sporting Goods And Other Big Losers From Friday </a>

Leading and Lagging Sectors

Energy shares jumped by 4.4% on Monday. Leading the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> was strength from Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) and Petr&oacute;leo Brasileiro S.A. - Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>).

In trading on Monday, consumer discretionary shares rose by just 0.1%.

Top Headline

The ISM manufacturing PMI unexpectedly dropped to 50.9 in September, compared with 52.8 in the previous month. However, analysts were expecting a reading of 52.2.
&nbsp;
Equities Trading UP
&nbsp;
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares shot up 641% to $2.0202 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>Shares of Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) got a boost, shooting 42% to $42.84 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares were also up, gaining 37% to $24.53 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
</ul>

&nbsp;
Equities Trading DOWN
<ul>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares tumbled 34% to $1.8350 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>Shares of Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) were down 32% to $3.93 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Timber Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NASDAQ">TMBR</a>) was down, falling 23% to $0.0930 after the company announced a $1.3 million registered direct offering.</li>
</ul>


<a href="https://www.benzinga.com/news/22/10/29112813/dow-tumbles-500-points-volatility-in-markets-increases-further">Also check out: Dow Tumbles 500 Points, Volatility In Markets Increases Further</a>

Commodities
In commodity news, oil traded up 5.5% to $83.84, while gold traded up 1.3% at $1,693.70.

Silver traded up 7.2% to $20.41 on Monday while copper rose 0.2% to $3.4205.

Euro zone

European shares were higher today. The eurozone&rsquo;s STOXX 600 gained 0.77%, London&rsquo;s FTSE 100 rose 0.36% while Spain&rsquo;s IBEX 35 Index rose 1.21%. The German DAX gained 0.81%, French CAC 40 gained 0.46% and Italy&rsquo;s FTSE MIB Index gained 1.38%.
The S&amp;P Global Eurozone manufacturing PMI was revised lower to 48.4 in September compared to a preliminary reading of 48.5. The S&amp;P Global/CIPS manufacturing PMI for UK was revised lower to 48.4 in September from a preliminary level of 48.5, while German manufacturing PMI fell to 47.8 in September from a preliminary reading of 48.3.
The S&amp;P Global French manufacturing PMI fell to 47.7 in September versus 50.6 in the previous month, while Italian manufacturing PMI rose to 48.3 in September from the 48 a month ago. The S&amp;P Global manufacturing PMI for Spain dropped to 49 in September from 49.9 in the prior month.

Economics
&nbsp;
<ul>
<li>The final reading of S&amp;P Global manufacturing PMI was revised higher to 52 for September from preliminary reading of 51.8 and up from 51.5 in August.</li>
<li>The ISM manufacturing PMI unexpectedly dropped to 50.9 in September, compared with 52.8 in the previous month. However, analysts were expecting a reading of 52.2.</li>
<li>Construction spending in the US dropped by 0.7% from the prior month to an annual rate of $1.78 billion in August.</li>
<li>Kansas City Federal Reserve Bank President Esther George will speak at 2:15 p.m. ET.</li>
</ul>

<a href="https://www.benzinga.com/news/22/10/29113844/investor-fear-eases-slightly-despite-dow-dipping-around-9-in-september">Check out this: Investor Fear Eases Slightly Despite Dow Dipping Around 9% In September</a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 98,254,650 cases with around 1,084,890 deaths. India confirmed a total of at least 44,597,490 cases and 528,700 deaths, while France reported over 35,475,260 COVID-19 cases with 155,110 deaths. In total, there were at least 623,554,200 cases of COVID-19 worldwide with more than 6,550,950 deaths.

S&P 500 Surges 2%; Crude Oil Rises Sharply

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGC#NASDAQ">LOGC</a>) shares moved upwards by 641.3% to $2.02 during Monday&#39;s pre-market session. The company&#39;s market cap stands at $66.5 million.</li>
<li>Myovant Sciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYOV#NYSE">MYOV</a>) stock moved upwards by 31.68% to $23.65. The company&#39;s market cap stands at $2.2 billion.</li>
<li>Acorda Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACOR#NASDAQ">ACOR</a>) shares moved upwards by 20.36% to $0.36. The company&#39;s market cap stands at $8.7 million.</li>
<li>NeuBase Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBSE#NASDAQ">NBSE</a>) shares moved upwards by 20.12% to $0.47. The company&#39;s market cap stands at $15.3 million.</li>
<li>Zynerba Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYNE#NASDAQ">ZYNE</a>) stock rose 19.79% to $0.88. The market value of their outstanding shares is at $40.1 million.</li>
<li>GBS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBS#NASDAQ">GBS</a>) stock moved upwards by 19.04% to $0.5. The company&#39;s market cap stands at $7.4 million.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Clene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) stock declined by 13.2% to $2.43 during Monday&#39;s pre-market session. The market value of their outstanding shares is at $154.3 million.</li>
<li>Ainos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIMD#NASDAQ">AIMD</a>) stock fell 9.53% to $1.71. The company&#39;s market cap stands at $33.3 million.</li>
<li>Alector (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALEC#NASDAQ">ALEC</a>) stock declined by 8.04% to $8.7. The company&#39;s market cap stands at $718.3 million.</li>
<li>Orchard Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORTX#NASDAQ">ORTX</a>) shares declined by 8.0% to $0.46. The market value of their outstanding shares is at $58.1 million.</li>
<li>GreenLight Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRNA#NASDAQ">GRNA</a>) shares declined by 7.33% to $2.15. The company&#39;s market cap stands at $264.8 million.</li>
<li>Medigus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDGS#NASDAQ">MDGS</a>) stock declined by 7.08% to $0.51. The company&#39;s market cap stands at $12.5 million. See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Monday's Pre-Market Session

LogicBio Therapeutics&nbsp;Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares are trading higher Monday after the company announced it will be acquired by&nbsp;AstraZeneca PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/azn#NASDAQ">AZN</a>) subsidiary&nbsp;Alexion for $2.07 per share.&nbsp;
The proposed acquisition aims to accelerate Alexion&#39;s growth in genomic medicines through LogicBio&#39;s unique technology, experienced rare disease R&amp;D team&nbsp;and expertise in pre-clinical development.
LogicBio has developed technology platforms for the delivery and insertion of genes to address genetic diseases, as well as a platform designed to improve viral vector manufacturing processes. The companies&nbsp;expect&nbsp;these platforms to&nbsp;drive future scientific possibilities.
&quot;Through this acquisition, we strive to accelerate our research in gene editing and AAV capsid development and together move the field of genomic medicine forward,&quot; said&nbsp;Fred Chereau, president and CEO of&nbsp;LogicBio.
Both boards have unanimously approved the transaction. Alexion said it expects the deal to close in four to six weeks.
LogicBio&nbsp;is a clinical-stage genetic medicine company pioneering genome editing and gene delivery platforms to address rare and serious diseases from infancy through adulthood.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/news/22/10/29114610/s-p-dow-futures-rise-in-new-trading-week-putting-behind-economic-worries-tesla-credit-suisse-energy">S&amp;P 500, Dow Futures Begin Week On Upbeat Note But Credit Suisse Scare Gives Investors Jitters</a>
LOGC Price Action: LogicBio has a 52-week high of $2.53 and a 52-week low of 25 cents.
The stock was up 641.3% at $2.02 at time of publication, according to&nbsp;<a href="https://benzinga.grsm.io/gxjhpowx7zks">Benzinga Pro</a>.
Photo:&nbsp;<a href="https://pixabay.com/users/kkolosov-2105326/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2030265">Konstantin Kolosov</a>&nbsp;from Pixabay.

Why LogicBio Therapeutics Stock Is Soaring Today

LogicBio shares are trading higher after the company announced it will be acquired by AstraZeneca's subsidiary, Alexion, for $2.07 per share.

<ul>
<li>AstraZeneca Plc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/azn#NASDAQ">AZN</a>) subsidiary, Alexion, has&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/10/n29114758/alexion-astrazeneca-rare-disease-to-acquire-logicbio-therapeutics-to-accelerate-growth-in-genomic-" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">agreed to acquire</a>&nbsp;LogicBio Therapeutics Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) for $2.07 per share. Both boards have unanimously approved the transaction.&nbsp;</li>
<li>Alexion plans to close the deal in four to six weeks, subject to the tender of at least a majority of the outstanding shares of LogicBio common stock.</li>
<li>It plans to retain LogicBio employees at their current location.</li>
<li>Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/10/n29114758/alexion-astrazeneca-rare-disease-to-acquire-logicbio-therapeutics-to-accelerate-growth-in-genomic-" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">LogicBio Therapeutics Shares Skyrocket As FDA Lifts Clinical Hold On Its Pediatric Trial</a>.</li>
<li>The proposed acquisition brings LogicBio&#39;s unique technology, experienced rare disease R&amp;D team, and expertise in pre-clinical development to support Alexion&#39;s growth in genomic medicines.</li>
<li>Fred Chereau, President and Chief Executive Officer, LogicBio, said, &quot;Through this acquisition, we strive to accelerate our research in gene editing and AAV capsid development and together move the field of genomic medicine forward.&quot;</li>
<li>LogicBio has developed technology platforms for the delivery and insertion of genes to address genetic diseases and a platform designed to improve viral vector manufacturing processes.&nbsp;</li>
<li>Price Action:&nbsp;LOGC shares are up 633.9% at $2.00 during the premarket session on the last check Monday.</li>
</ul>

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