December 2023 Stock Losers on News, Micro Caps Included
Ranked by the close-to-close change of the trading session each announcement landed in. How this is measured.
Data as of the trading session of , 20 of 20 completed market sessions produced ranked moves. That date is the last ranked session, not the last priced one, so follow-through dates run later.
On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.
Whole board, unfiltered
100
Ranked drops
-88.99%
Largest, GDHG
98.0%
Below baseline, day +5
9.8%
Median deeper below baseline, day +5
Filter and sort
100 ranked drops in December 2023
Skip the ranked rows and go to the month summaryEvery percentage on a row, the follow-through readings included, is measured against that row's own pre-news close, which the row names. A day +5 reading is therefore the move from before the announcement, not a further change on top of the headline percentage.
| Rank | Symbol | close to close | Session | Catalyst | Announcement | from the pre-news close |
|---|---|---|---|---|---|---|
| 1 | GDHG release reads positive | -88.99% |
against the close of 2023-12-06
session reconstructed
Session detail |
Contract / Partnership Release reads positive, stock fell 88.99% |
Golden Heaven Group Holdings Ltd. Intends to Enter into an Operating Lease Framework Agreement with a Top-tier Chinese Amusement Group
20:00 ET after hours |
Five sessions later the drop was 5.1% bigger, at -93.55%. Month end -96.54% on 2023-12-29 |
| 2 | RPHM under $25M today | -82.71% |
against the close of 2023-12-13
session reconstructed
Session detail |
Clinical Trial Results |
Reneo Pharmaceuticals Announces Results from Pivotal STRIDE Study of Mavodelpar in Primary Mitochondrial Myopathies (PMM)
09:05 ET premarket |
0.3% of the drop was recovered five sessions later. Month end -79.35% on 2023-12-29 |
| 3 | TRKA More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards | -71.85% |
against the close of 2023-12-06
session reconstructed
Session detail |
Other Announcement |
Troika Media Group Inc. Announces Strategic Chapter 11 Filing and Sale to Blue Torch
03:00 ET premarket |
Five sessions later the drop was 22.8% bigger, at -88.22%. Month end -94.63% on 2023-12-29 |
| 4 | EBIX | -67.55% |
against the close of 2023-12-15
session reconstructed
Session detail |
Offering / Dilution |
Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization Efforts
06:03 ET premarket |
3.3% of the drop was recovered five sessions later. Month end -78.90% on 2023-12-29 |
| 5 | ALVR | -67.15% |
against the close of 2023-12-21
session reconstructed
Session detail |
Clinical Trial Results |
AlloVir Provides Updates on Phase 3 Clinical Development Program for Posoleucel, an Allogeneic Virus-Specific T Cell Therapy
07:00 ET premarket |
Five sessions later the drop was 4.9% bigger, at -70.46%. Month end -70.82% on 2023-12-29 This month ended before the fifth session after the move. |
| 6 | AADI | -56.42% |
against the close of 2023-12-14
session reconstructed
Session detail |
Clinical Trial Results |
Aadi Bioscience Reports Interim Results from PRECISION1 Trial of nab-Sirolimus Demonstrating Anti-Tumor Activity in Solid Tumors with TSC1 or TSC2 Inactivating Alterations
16:05 ET after hours |
Five sessions later the drop was 12.2% bigger, at -63.31%. Month end -62.38% on 2023-12-29 |
| 7 | MYND under $25M today release reads positive | -56.32% |
against the close of 2023-12-12
session reconstructed
Session detail |
M&A / Acquisition Release reads positive, stock fell 56.32% |
Mynd.ai, Inc. Consummates Merger Transaction
07:00 ET premarket |
Five sessions later the drop was 21.5% bigger, at -68.41%. Month end -58.13% on 2023-12-29 |
| 8 | UCAR under $25M today | -55.59% |
against the close of 2023-12-01
session reconstructed
Session detail |
Offering / Dilution |
U Power Limited Announces Pricing of Registered Follow-on Offering
09:00 ET premarket |
Five sessions later the drop was 44.8% bigger, at -80.52%. Month end -88.08% on 2023-12-29 |
| 9 | COGT | -53.01% |
against the close of 2023-12-08
session reconstructed
Session detail |
Clinical Trial Results |
Cogent Biosciences Announces Positive Initial Data from Phase 2 SUMMIT Trial Evaluating Bezuclastinib in Patients with Nonadvanced Systemic Mastocytosis (NonAdvSM)
13:30 ET intraday |
9.8% of the drop was recovered five sessions later. Month end -31.94% on 2023-12-29 |
| 10 | BETS Also on the opposite board this month on both boards | -51.73% |
against the close of 2023-12-04
session reconstructed
Session detail |
Offering / Dilution |
Bit Brother Limited Announces Pricing of $12.0 Million Registered Direct Offering
14:29 ET intraday |
Five sessions later the drop was 62.9% bigger, at -84.29%. Month end -84.58% on 2023-12-29 |
| 11 | IBIO | -50.00% |
against the close of 2023-12-04
session reconstructed
Session detail |
Offering / Dilution |
iBio, Inc. Announces Pricing of $4.5 Million Public Offering
08:00 ET premarket |
Five sessions later the drop was 13.2% bigger, at -56.60%. Month end -49.26% on 2023-12-29 |
| 12 | GMM under $25M today | -49.91% |
against the close of 2023-12-28
session reconstructed
Session detail |
Offering / Dilution |
Global Mofy Metaverse Limited Announces $10 Million Follow-on Offering
09:42 ET intraday |
Five sessions later the drop was 33.3% bigger, at -66.52%. Month end -49.91% on 2023-12-29 same session This month ended before the fifth session after the move. |
| 13 | CARA under $25M today | -48.85% |
against the close of 2023-12-15
session reconstructed
Session detail |
Other Announcement |
Cara Therapeutics Announces Outcome from Dose-Finding Part A of KIND 1 Study Evaluating Oral Difelikefalin for Moderate-to-Severe Pruritus in Patients with Atopic Dermatitis
07:00 ET premarket |
10.2% of the drop was recovered five sessions later. Month end -39.59% on 2023-12-29 |
| 14 | CYN under $25M today Also on the opposite board this month on both boards | -47.00% |
against the close of 2023-12-07
session reconstructed
Session detail |
Offering / Dilution |
Cyngn Announces Pricing of $5.0 Million Public Offering of Common Stock
09:00 ET premarket |
Five sessions later the drop was 32.4% bigger, at -62.25%. Month end -63.82% on 2023-12-29 |
| 15 | POL | -46.91% |
against the close of 2023-12-20
session reconstructed
Session detail |
Other Announcement |
Polished.com Acknowledges Recent Trading Activity
17:00 ET after hours |
55.7% of the drop was recovered five sessions later. Month end -20.76% on 2023-12-29 |
| 16 | BLUE More than one ranked move this month 2+ ranked moves | -45.68% |
against the close of 2023-12-19
session reconstructed
Session detail |
Offering / Dilution |
bluebird bio, Inc. Announces Pricing of $125 Million Public Offering of Common Stock
21:41 ET after hours |
8.1% of the drop was recovered five sessions later. Month end -43.21% on 2023-12-29 |
| 17 | REPL | -45.21% |
against the close of 2023-12-04
session reconstructed
Session detail |
Clinical Trial Results |
Replimune Shares Initial Primary Analysis Results from CERPASS Clinical Trial in Advanced Cutaneous Squamous Cell Carcinoma and Presents New Data from IGNYTE Clinical Trial of RP1 in Anti-PD1 Failed Melanoma and Non-Melanoma Skin Cancers
07:00 ET premarket |
11.5% of the drop was recovered five sessions later. Month end -31.57% on 2023-12-29 |
| 18 | CKPT | -44.88% |
against the close of 2023-12-15
session reconstructed
Session detail |
Clinical Trial Results |
U.S. Food and Drug Administration Issues Complete Response Letter for Cosibelimab Solely Due to Inspection Findings at Third-Party Manufacturer
07:00 ET premarket |
16.8% of the drop was recovered five sessions later. Month end -31.02% on 2023-12-29 |
| 19 | POLA under $25M today | -44.52% |
against the close of 2023-11-30
session reconstructed
Session detail |
Offering / Dilution |
Polar Power, Inc. Announces Proposed Public Offering of Common Stock
17:25 ET after hours |
Five sessions later the drop was 5.5% bigger, at -46.96%. Month end -50.34% on 2023-12-29 |
| 20 | GGE under $25M today More than one ranked move this month 2+ ranked moves | -44.08% |
against the close of 2023-12-11
session reconstructed
Session detail |
Offering / Dilution |
Green Giant Inc. Announces Pricing of Public Offering
09:00 ET premarket |
Five sessions later the drop was 50.7% bigger, at -66.45%. Month end -65.66% on 2023-12-29 |
| 21 | PCT | -43.55% |
against the close of 2023-12-15
session reconstructed
Session detail |
Other Announcement |
PureCycle Provides Ironton Operations Update
07:45 ET premarket |
53.7% of the drop was recovered five sessions later. Month end -18.35% on 2023-12-29 |
| 22 | GPCR | -42.82% |
against the close of 2023-12-15
session reconstructed
Session detail |
Clinical Trial Results |
Structure Therapeutics Provides Comprehensive GSBR-1290 Program Update Including Clinically Meaningful Proof-of-Concept Data From Phase 2a Clinical Study
07:30 ET premarket |
6.7% of the drop was recovered five sessions later. Month end -31.10% on 2023-12-29 |
| 23 | ACHV release reads positive | -42.20% |
against the close of 2023-12-11
session reconstructed
Session detail |
Other Announcement Release reads positive, stock fell 42.20% |
Achieve Life Sciences Announces Participation at Upcoming Investor Conferences
16:30 ET after hours |
13.0% of the drop was recovered five sessions later. Month end -24.40% on 2023-12-29 |
| 24 | PHIO under $25M today | -42.14% |
against the close of 2023-12-06
session reconstructed
Session detail |
Offering / Dilution |
Phio Pharmaceuticals Announces Exercise of Warrants for $2.8 Million Gross Proceeds
08:00 ET premarket |
Five sessions later the drop was 26.9% bigger, at -53.46%. Month end -52.20% on 2023-12-29 |
| 25 | MGRX under $25M today | -40.97% |
against the close of 2023-12-14
session reconstructed
Session detail |
Offering / Dilution |
Mangoceuticals, Inc. Announces Pricing of $1,200,000 Public Offering
10:39 ET intraday |
Five sessions later the drop was 8.0% bigger, at -44.24%. Month end -46.76% on 2023-12-29 |
| 26 | BLUE More than one ranked move this month 2+ ranked moves | -40.54% |
against the close of 2023-12-07
session reconstructed
Session detail |
FDA & Regulatory |
bluebird bio Announces FDA Approval of LYFGENIA™ (lovotibeglogene autotemcel) for Patients Ages 12 and Older with Sickle Cell Disease and a History of Vaso-Occlusive Events
12:35 ET intraday |
21.0% of the drop was recovered five sessions later. Month end -71.31% on 2023-12-29 |
| 27 | GGE under $25M today More than one ranked move this month 2+ ranked moves | -40.13% |
against the close of 2023-12-08
session reconstructed
Session detail |
Offering / Dilution |
Green Giant Inc. Announces Proposed Public Offering
16:05 ET after hours |
Five sessions later the drop was 89.6% bigger, at -76.09%. Month end -79.44% on 2023-12-29 |
| 28 | CLNN | -38.83% |
against the close of 2023-12-20
session reconstructed
Session detail |
FDA & Regulatory catalyst from a later release the same session |
Clene Reports Reduction in Biomarker Plasma Neurofilament Light (NfL) Levels and Improved Survival With CNM-Au8® Treatment From HEALEY ALS Platform Trial Long-Term Open Label Extension
07:00 ET premarket |
Five sessions later the drop was 9.2% bigger, at -42.41%. Month end -42.41% on 2023-12-29 |
| 29 | BYTS release reads positive | -38.19% |
against the close of 2023-12-20
session reconstructed
Session detail |
Reverse Merger / Shell Release reads positive, stock fell 38.19% |
Airship AI Holdings Completes Business Combination with BYTE Acquisition Corp.
11:55 ET intraday |
Month-end is not shown: no closing price is available for 2023-12-29. |
| 30 | TRKA More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards | -37.50% |
against the close of 2023-12-07
session reconstructed
Session detail |
Uplisting / Compliance |
Troika Media Group Inc. Receives Notice from Nasdaq Regarding Delisting
17:21 ET after hours |
Five sessions later the drop was 100.7% bigger, at -75.26%. Month end -80.93% on 2023-12-29 |
| 31 | JOAN | -37.03% |
against the close of 2023-12-04
session reconstructed
Session detail |
Earnings |
JOANN Announces Third Quarter Fiscal 2024 Results And Increases Top-Line Full Year Outlook
16:05 ET after hours |
1.2% of the drop was recovered five sessions later. Month end -49.89% on 2023-12-29 |
| 32 | TNXP | -36.78% |
against the close of 2023-12-19
session reconstructed
Session detail |
Clinical Trial Results |
Tonix Pharmaceuticals Announces Highly Statistically Significant and Clinically Meaningful Topline Results in Second Positive Phase 3 Clinical Trial of TNX-102 SL for the Management of Fibromyalgia
10:30 ET intraday |
14.3% of the drop was recovered five sessions later. Month end -32.84% on 2023-12-29 |
| 33 | AISP | -34.51% |
against the close of 2023-12-21
session reconstructed
Session detail |
Contract / Partnership |
Airship AI Starts Delivery of $10.9 Million US Government Contracts for Advanced Video and Sensor Management
08:31 ET premarket |
Five sessions later the drop was 118.3% bigger, at -75.35%. Month end -73.81% on 2023-12-29 This month ended before the fifth session after the move. |
| 34 | MHUA | -33.95% |
against the close of 2023-12-27
session reconstructed
Session detail |
Offering / Dilution |
Meihua International Medical Technologies Co., Ltd. Announces Initial $6 Million Tranche of Potential $50.5 Million Maximum Offering
09:00 ET premarket |
Five sessions later the drop was 67.4% bigger, at -56.83%. Month end -45.39% on 2023-12-29 This month ended before the fifth session after the move. |
| 35 | ROI Also on the opposite board this month release reads positive on both boards | -33.72% |
against the close of 2023-12-27
session reconstructed
Session detail |
Other Announcement Release reads positive, stock fell 33.72% |
Ault Alliance Subsidiary, RiskOn International, to Announce Its New Generative AI Platform and Technology Partner on January 3, 2024
06:30 ET premarket |
Five sessions later the drop was 65.2% bigger, at -55.72%. Month end -22.63% on 2023-12-29 This month ended before the fifth session after the move. |
| 36 | VLD under $25M today More than one ranked move this month 2+ ranked moves | -33.67% |
against the close of 2023-12-27
session reconstructed
Session detail |
Offering / Dilution |
Velo3D, Inc. Announces $18 Million Registered Direct Offering
07:50 ET premarket |
Five sessions later the drop was 34.8% bigger, at -45.38%. Month end -36.98% on 2023-12-29 This month ended before the fifth session after the move. |
| 37 | CXM | -33.47% |
against the close of 2023-12-06
session reconstructed
Session detail |
Earnings |
Sprinklr Announces Third Quarter Fiscal 2024 Results
16:05 ET after hours |
4.8% of the drop was recovered five sessions later. Month end -27.90% on 2023-12-29 |
| 38 | CTSO under $25M today | -33.44% |
against the close of 2023-12-27
session reconstructed
Session detail |
Other Announcement |
CytoSorbents Provides Update on the STAR-T Trial and Reports Final Independent Data and Safety Monitoring Board Recommendation
07:00 ET premarket |
Five sessions later the drop was 30.3% bigger, at -43.56%. Month end -31.90% on 2023-12-29 This month ended before the fifth session after the move. |
| 39 | DBI | -33.33% |
against the close of 2023-12-04
session reconstructed
Session detail |
Earnings |
Designer Brands Inc. Reports Third Quarter 2023 Financial Results
06:45 ET premarket |
Five sessions later the drop was 2.8% bigger, at -34.27%. Month end -30.91% on 2023-12-29 |
| 40 | EOSE Also on the opposite board this month on both boards | -32.74% |
against the close of 2023-12-14
session reconstructed
Session detail |
Offering / Dilution |
Eos Energy Announces Launch of Proposed $40M Public Offering
16:26 ET after hours |
7.3% of the drop was recovered five sessions later. Month end -35.12% on 2023-12-29 |
| 41 | ASYS | -31.55% |
against the close of 2023-12-13
session reconstructed
Session detail |
Earnings |
Amtech Fourth Quarter Fiscal 2023 Business Update
16:05 ET after hours |
6.9% of the drop was recovered five sessions later. Month end -29.88% on 2023-12-29 |
| 42 | XFOR | -31.15% |
against the close of 2023-12-08
session reconstructed
Session detail |
Clinical Trial Results |
X4 Pharmaceuticals Announces Presentation of Additional Data from Mavorixafor Phase 2 Trial in Chronic Neutropenia at ASH 2023
12:00 ET intraday |
33.1% of the drop was recovered five sessions later. Month end -4.75% on 2023-12-29 |
| 43 | MIST | -30.90% |
against the close of 2023-12-22
session reconstructed
Session detail |
FDA & Regulatory |
Milestone Pharmaceuticals Receives Refusal to File Letter from U.S. FDA for New Drug Application for Etripamil in the Treatment of PSVT
07:00 ET premarket |
Five sessions later the drop was 25.9% bigger, at -38.89%. Month end -42.01% on 2023-12-29 This month ended before the fifth session after the move. |
| 44 | MLGO More than one ranked move this month Also on the opposite board this month release reads positive 2+ ranked moves on both boards | -30.67% |
against the close of 2023-12-22
session reconstructed
Session detail |
Crypto & Treasury Release reads positive, stock fell 30.67% |
MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators
10:59 ET intraday |
Five sessions later the drop was 78.8% bigger, at -54.84%. Month end -44.05% on 2023-12-29 This month ended before the fifth session after the move. |
| 45 | WVE | -30.42% |
against the close of 2023-12-06
session reconstructed
Session detail |
Clinical Trial Results |
Wave Life Sciences Announces Initiation of Dosing in RestorAATion Clinical Program Evaluating First-Ever RNA Editing Candidate, WVE-006, for Alpha-1 Antitrypsin Deficiency
16:08 ET after hours |
Five sessions later the drop was 10.5% bigger, at -33.62%. Month end -26.49% on 2023-12-29 |
| 46 | BMEA More than one ranked move this month 2+ ranked moves | -30.31% |
against the close of 2023-12-08
session reconstructed
Session detail |
Clinical Trial Results catalyst from a later release the same session |
Biomea Fusion Announces Near Doubling the Percentage of Patients with Durable HbA1c Reduction in the 200 mg Dose Cohorts
17:30 ET after hours |
43.4% of the drop was recovered five sessions later. Month end -14.03% on 2023-12-29 |
| 47 | CMTL | -29.68% |
against the close of 2023-12-07
session reconstructed
Session detail |
Earnings |
Comtech Announces Results for its First Quarter of Fiscal 2024 and Provides Second Quarter Fiscal 2024 Financial Targets
16:04 ET after hours |
Five sessions later the drop was 23.5% bigger, at -36.64%. Month end -32.56% on 2023-12-29 |
| 48 | CVAC | -29.55% |
against the close of 2023-12-18
session reconstructed
Session detail |
Other Announcement |
CureVac Announces Decision of German Federal Patent Court in Broad Patent Litigation with BioNTech SE
09:35 ET intraday |
8.1% of the drop was recovered five sessions later. Month end -27.66% on 2023-12-29 |
| 49 | PHUN | -29.14% |
against the close of 2023-12-06
session reconstructed
Session detail |
Offering / Dilution |
Phunware Announces Pricing of $2.8 Million Public Offering
09:51 ET intraday |
Five sessions later the drop was 34.0% bigger, at -39.06%. Month end -35.94% on 2023-12-29 |
| 50 | KULR | -29.10% |
against the close of 2023-12-19
session reconstructed
Session detail |
Offering / Dilution |
KULR Announces Proposed Public Offering of Common Stock
16:30 ET after hours |
Five sessions later the drop was 11.5% bigger, at -32.44%. Month end -37.48% on 2023-12-29 |
| 51 | SALM | -28.51% |
against the close of 2023-12-28
session reconstructed
Session detail |
Uplisting / Compliance |
Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market
12:11 ET intraday |
Five sessions later the drop was 41.1% bigger, at -40.24%. Month end -28.51% on 2023-12-29 same session This month ended before the fifth session after the move. |
| 52 | RCAT | -27.63% |
against the close of 2023-12-06
session reconstructed
Session detail |
Offering / Dilution |
Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock
17:15 ET after hours |
16.6% of the drop was recovered five sessions later. Month end +15.77% on 2023-12-29 |
| 53 | PACI | -27.50% |
against the close of 2023-11-30
session reconstructed
Session detail |
Reverse Merger / Shell |
PROOF Acquisition Corp I Announces Intention to Transfer to NYSE American LLC Upon Completion of Business Combination with Volato
16:58 ET after hours |
Month-end is not shown: no closing price is available for 2023-12-29. |
| 54 | LNTH | -26.88% |
against the close of 2023-12-15
session reconstructed
Session detail |
Clinical Trial Results |
Lantheus and POINT Biopharma Announce Positive Topline Results from Pivotal SPLASH Trial in Metastatic Castration-Resistant Prostate Cancer
07:30 ET premarket |
27.2% of the drop was recovered five sessions later. Month end -18.46% on 2023-12-29 |
| 55 | NOGN | -26.49% |
against the close of 2023-12-06
session reconstructed
Session detail |
Other Announcement |
Nogin Initiates Strategic Financial Restructuring; Operations to Continue Uninterrupted
17:00 ET after hours |
5.2% of the drop was recovered five sessions later. Month end -92.60% on 2023-12-29 |
| 56 | SNGX under $25M today | -25.53% |
against the close of 2023-11-30
session reconstructed
Session detail |
Other Announcement |
"HyBryte™ Use in Early-Stage Cutaneous T-Cell Lymphoma" Published in Frontiers in Drug Discovery
07:30 ET premarket |
Five sessions later the drop was 16.8% bigger, at -29.82%. Month end -22.75% on 2023-12-29 |
| 57 | BTDR release reads positive | -25.42% |
against the close of 2023-12-28
session reconstructed
Session detail |
Earnings Release reads positive, stock fell 25.42% |
Bitdeer Technologies Group (NASDAQ: BTDR) Q3 Earnings Highlights: Net Loss Slashed, Gross Profit And Gross Margin Up
09:00 ET premarket |
Five sessions later the drop was 23.2% bigger, at -31.32%. Month end -25.42% on 2023-12-29 same session This month ended before the fifth session after the move. |
| 58 | PCSA under $25M today More than one ranked move this month release reads positive 2+ ranked moves | -25.40% |
against the close of 2023-12-12
session reconstructed
Session detail |
FDA & Regulatory Release reads positive, stock fell 25.40% |
Processa Pharmaceuticals Announces Successful Phase 2 Meeting with FDA for Next Generation Capecitabine
09:00 ET premarket |
Five sessions later the drop was 89.8% bigger, at -48.21%. Month end -58.74% on 2023-12-29 |
| 59 | BCLI under $25M today release reads positive | -25.33% |
against the close of 2023-12-06
session reconstructed
Session detail |
FDA & Regulatory Release reads positive, stock fell 25.33% |
BrainStorm Cell Therapeutics Announces Outcome of FDA Meeting on NurOwn® in ALS
08:40 ET premarket |
Five sessions later the drop was 2.6% bigger, at -26.00%. Month end -8.17% on 2023-12-29 |
| 60 | ARGX | -25.12% |
against the close of 2023-12-19
session reconstructed
Session detail |
Clinical Trial Results |
argenx Reports Topline Results from ADDRESS Study of Efgartigimod SC in Pemphigus
01:00 ET premarket |
36.4% of the drop was recovered five sessions later. Month end -15.94% on 2023-12-29 |
| 61 | MLGO More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards | -24.78% |
against the close of 2023-12-26
session reconstructed
Session detail |
Crypto & Treasury |
MicroAlgo Inc. Developed QSDLT to Provide a More Secure Foundation for Bitcoin and Other Cryptocurrency Systems
10:00 ET intraday |
Five sessions later the drop was 31.7% bigger, at -32.64%. Month end -19.29% on 2023-12-29 This month ended before the fifth session after the move. |
| 62 | IPA | -24.68% |
against the close of 2023-12-05
session reconstructed
Session detail |
Offering / Dilution |
IPA Announces Proposed Public Offering of Common Shares
16:35 ET after hours |
10.5% of the drop was recovered five sessions later. Month end +11.04% on 2023-12-29 |
| 63 | MYNZ under $25M today | -24.53% |
against the close of 2023-12-04
session reconstructed
Session detail |
Clinical Trial Results |
Mainz Biomed Reports Positive Topline Results from U.S. eAArly DETECT Study Evaluating Novel mRNA Biomarkers
09:01 ET premarket |
Five sessions later the drop was 28.2% bigger, at -31.45%. Month end -27.04% on 2023-12-29 |
| 64 | CAMP | -24.22% |
against the close of 2023-12-18
session reconstructed
Session detail |
Other Announcement |
CalAmp Announces Completion of Strategic Financing with Lynrock Lake
16:31 ET after hours |
58.3% of the drop was recovered five sessions later. Month end -6.76% on 2023-12-29 |
| 65 | NRSN under $25M today Also on the opposite board this month on both boards | -24.16% |
against the close of 2023-12-04
session reconstructed
Session detail |
Clinical Trial Results |
NeuroSense's Phase 2b ALS Trial Achieves Primary Safety and Tolerability & Secondary Clinical Efficacy Endpoints
08:00 ET premarket |
Five sessions later the drop was 134.1% bigger, at -56.57%. Month end -47.32% on 2023-12-29 |
| 66 | CYCC under $25M today | -23.89% |
against the close of 2023-12-21
session reconstructed
Session detail |
Offering / Dilution |
Cyclacel Pharmaceuticals Announces Registered Direct and Private Placement Offering Priced At-The-Market Under Nasdaq Rules
09:15 ET premarket |
Five sessions later the drop was 10.5% bigger, at -26.39%. Month end -25.83% on 2023-12-29 This month ended before the fifth session after the move. |
| 67 | VAPO More than one ranked move this month 2+ ranked moves | -23.86% |
against the close of 2023-12-08
session reconstructed
Session detail |
Other Announcement |
Vapotherm Announces Notification to New York Stock Exchange of Intention to Voluntarily Delist Common Stock Application Pending to Transfer Shares to OTCQX
06:45 ET premarket |
Five sessions later the drop was 127.6% bigger, at -54.31%. Month end -49.24% on 2023-12-29 |
| 68 | BLBX | -23.64% |
against the close of 2023-12-12
session reconstructed
Session detail |
M&A / Acquisition |
Blackboxstocks, Inc. Signs Definitive Agreement to Acquire Evtec Aluminium, Supplier of Proprietary Parts for the EV, Hybrid, and Performance Automotive Market, with Projected Revenue of US$52 Million for Fiscal Year Ending June 30, 2024
08:30 ET premarket |
Five sessions later the drop was 26.4% bigger, at -29.87%. Month end -26.75% on 2023-12-29 |
| 69 | NKLA | -23.39% |
against the close of 2023-12-06
session reconstructed
Session detail |
Offering / Dilution |
NIKOLA CORPORATION ANNOUNCES PROPOSED OFFERINGS OF COMMON STOCK AND CONVERTIBLE SENIOR NOTES
16:35 ET after hours |
68.9% of the drop was recovered five sessions later. Month end -10.95% on 2023-12-29 |
| 70 | CNSP under $25M today | -23.12% |
against the close of 2023-12-15
session reconstructed
Session detail |
Clinical Trial Results |
CNS Pharmaceuticals Announces Successful Interim Analysis of Efficacy and Safety Data in Potentially Pivotal Study of Berubicin
08:35 ET premarket |
Five sessions later the drop was 12.5% bigger, at -26.01%. Month end -26.59% on 2023-12-29 |
| 71 | ATHE Also on the opposite board this month on both boards | -22.86% |
against the close of 2023-12-04
session reconstructed
Session detail |
Other Announcement |
Alterity Therapeutics to Host Webcast to Discuss ATH434 Efficacy Data in Primates and Recent Clinical Progress
16:35 ET after hours |
Five sessions later the drop was 86.4% bigger, at -42.62%. Month end -40.71% on 2023-12-29 |
| 72 | LGVN under $25M today | -22.84% |
against the close of 2023-12-20
session reconstructed
Session detail |
Offering / Dilution |
Longeveron Announces $2.36 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
08:00 ET premarket |
29.7% of the drop was recovered five sessions later. Month end -16.05% on 2023-12-29 |
| 73 | BCEL | -22.72% |
against the close of 2023-12-22
session reconstructed
Session detail |
Contract / Partnership |
Atreca Announces Asset Purchase Agreement for Sale of Antibody-Related Assets and Materials to Immunome
08:30 ET premarket |
Five sessions later the drop was 93.0% bigger, at -43.84%. Month end -40.03% on 2023-12-29 This month ended before the fifth session after the move. |
| 74 | FBIO | -22.62% |
against the close of 2023-12-28
session reconstructed
Session detail |
Offering / Dilution |
Fortress Biotech Announces Pricing of $11 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
08:20 ET premarket |
Five sessions later the drop was 85.2% bigger, at -41.90%. Month end -22.62% on 2023-12-29 same session This month ended before the fifth session after the move. |
| 75 | CCLD Also on the opposite board this month on both boards | -22.56% |
against the close of 2023-12-11
session reconstructed
Session detail |
Buyback / Dividend |
CareCloud Announces Suspension of its Dividends on Non-Convertible Series A and Series B Cumulative Redeemable Perpetual Preferred Stock
17:17 ET after hours |
13.1% of the drop was recovered five sessions later. Month end +49.02% on 2023-12-29 |
| 76 | YQ under $25M today | -22.22% |
against the close of 2023-12-06
session reconstructed
Session detail |
Earnings |
17 Education & Technology Group Inc. Announces Third Quarter 2023 Unaudited Financial Results
17:00 ET after hours |
Five sessions later the drop was 54.2% bigger, at -34.26%. Month end -23.33% on 2023-12-29 |
| 77 | FWBI under $25M today Also on the opposite board this month on both boards | -22.14% |
against the close of 2023-12-15
session reconstructed
Session detail |
Reverse Merger / Shell |
First Wave BioPharma Announces Entry into Term Sheet for Business Combination with ImmunogenX Establishing a Leading Late-Stage GI-Focused Biopharmaceutical Company
06:00 ET premarket |
25.6% of the drop was recovered five sessions later. Month end -4.93% on 2023-12-29 |
| 78 | VAPO More than one ranked move this month 2+ ranked moves | -22.05% |
against the close of 2023-12-14
session reconstructed
Session detail |
Other Announcement |
Vapotherm Announces Suspension of NYSE Listing Common Stock Expected to Begin Trading Promptly on OTCQX
18:27 ET after hours |
Five sessions later the drop was 42.9% bigger, at -31.50%. Month end -21.26% on 2023-12-29 |
| 79 | SPWH | -21.62% |
against the close of 2023-12-06
session reconstructed
Session detail |
Earnings |
Sportsman's Warehouse Holdings, Inc. Announces Third Quarter 2023 Financial Results
16:05 ET after hours |
18.3% of the drop was recovered five sessions later. Month end -19.92% on 2023-12-29 |
| 80 | PCSA under $25M today More than one ranked move this month 2+ ranked moves | -21.36% |
against the close of 2023-12-18
session reconstructed
Session detail |
Clinical Trial Results |
Processa Pharmaceuticals Provides Interim Analysis from Ongoing Phase 1b Trial of Next Generation Capecitabine Showing Improved Safety Over Capecitabine
09:00 ET premarket |
Five sessions later the drop was 77.0% bigger, at -37.80%. Month end -49.30% on 2023-12-29 |
| 81 | YEXT | -21.11% |
against the close of 2023-12-05
session reconstructed
Session detail |
Earnings |
Yext Announces Third Quarter Fiscal 2024 Results
16:04 ET after hours |
9.4% of the drop was recovered five sessions later. Month end -15.98% on 2023-12-29 |
| 82 | RGS | -21.05% |
against the close of 2023-12-13
session reconstructed
Session detail |
Uplisting / Compliance |
NYSE Announces Intent to Commence Delisting Proceedings for Regis Corporation Common Stock; Opportunity to Appeal
06:30 ET premarket |
Five sessions later the drop was 69.4% bigger, at -35.66%. Month end +1.50% on 2023-12-29 |
| 83 | CSPI | -20.90% |
against the close of 2023-12-11
session reconstructed
Session detail |
Earnings |
CSP Inc. Reports 19% Year-over-Year Revenue Growth for Fiscal 2023; Net Income per Common Share - Diluted Increases 161% to $1.09
08:30 ET premarket |
31.9% of the drop was recovered five sessions later. Month end -13.88% on 2023-12-29 |
| 84 | KROS | -20.53% |
against the close of 2023-12-08
session reconstructed
Session detail |
Clinical Trial Results |
Keros Therapeutics Presents Clinical Data from its KER-050 Program at the 65th American Society of Hematology Annual Meeting and Exposition
06:00 ET premarket |
61.8% of the drop was recovered five sessions later. Month end +11.53% on 2023-12-29 |
| 85 | CGC | -20.45% |
against the close of 2023-12-12
session reconstructed
Session detail |
Other Announcement |
Canopy Growth Announces Effective Date of Share Consolidation
07:00 ET premarket |
Five sessions later the drop was 46.4% bigger, at -29.94%. Month end -25.41% on 2023-12-29 |
| 86 | BLUE More than one ranked move this month 2+ ranked moves | -20.33% |
against the close of 2023-12-18
session reconstructed
Session detail |
Offering / Dilution |
bluebird bio, Inc. Announces Proposed Public Offering of Common Stock
16:01 ET after hours |
Five sessions later the drop was 166.1% bigger, at -54.10%. Month end -54.75% on 2023-12-29 |
| 87 | COCH | -20.26% |
against the close of 2023-12-01
session reconstructed
Session detail |
Other Announcement |
Envoy Medical to Host Fireside Chat Event December 7
08:15 ET premarket |
72.4% of the drop was recovered five sessions later. Month end -21.96% on 2023-12-29 |
| 88 | TELL | -20.24% |
against the close of 2023-12-08
session reconstructed
Session detail |
Leadership Change catalyst from a later release the same session |
Martin Houston Becomes Chairman of Tellurian Inc.
16:54 ET after hours |
93.0% of the drop was recovered five sessions later. Month end +1.27% on 2023-12-29 |
| 89 | EMKR | -20.17% |
against the close of 2023-12-12
session reconstructed
Session detail |
Earnings |
EMCORE Reports Fiscal 2023 Fourth Quarter Results
16:01 ET after hours |
Five sessions later the drop was 3.0% bigger, at -20.77%. Month end -5.51% on 2023-12-29 |
| 90 | MDRX | -20.02% |
against the close of 2023-12-07
session reconstructed
Session detail |
Leadership Change |
Veradigm Inc. Announces Leadership Transition
08:45 ET premarket |
Five sessions later the drop was 17.0% bigger, at -23.43%. Month end -16.68% on 2023-12-29 |
| 91 | MBOT Also on the opposite board this month on both boards | -20.00% |
against the close of 2023-12-28
session reconstructed
Session detail |
Offering / Dilution |
Microbot Medical Announces Exercise of Outstanding Preferred Investment Options for $2.73 Million in Gross Proceeds Priced At-the-Market Under Nasdaq Rules
08:00 ET premarket |
Five sessions later the drop was 68.3% bigger, at -33.66%. Month end -20.00% on 2023-12-29 same session This month ended before the fifth session after the move. |
| 92 | KZIA | -19.56% |
against the close of 2023-11-30
session reconstructed
Session detail |
Offering / Dilution |
Kazia Therapeutics Announces $2 Million Registered Direct Offering
08:00 ET premarket |
Five sessions later the drop was 46.5% bigger, at -28.66%. Month end -21.62% on 2023-12-29 |
| 93 | ATRA | -19.44% |
against the close of 2023-12-20
session reconstructed
Session detail |
Contract / Partnership |
Atara Biotherapeutics Announces Closing of Expanded Global Tab-cel® Partnership with Pierre Fabre Laboratories
16:01 ET after hours |
62.2% of the drop was recovered five sessions later. Month end -7.35% on 2023-12-29 |
| 94 | NXTC | -19.31% |
against the close of 2023-12-13
session reconstructed
Session detail |
Other Announcement |
NextCure Provides Year-End Clinical Pipeline Updates
06:45 ET premarket |
Five sessions later the drop was 17.9% bigger, at -22.76%. Month end -21.38% on 2023-12-29 |
| 95 | PWM | -18.96% |
against the close of 2023-12-01
session reconstructed
Session detail |
Earnings |
Prestige Wealth Inc. Announces First Half of Fiscal Year 2023 Financial Results
16:30 ET after hours |
It recovered the whole drop and closed 14.22% above the pre-news price. Month end -0.47% on 2023-12-29 |
| 96 | IOVA | -18.67% |
against the close of 2023-12-26
session reconstructed
Session detail |
Clinical Trial Results |
Iovance Biotherapeutics Announces Clinical Program Update for LN-145 in Non-Small Cell Lung Cancer
07:00 ET premarket |
53.0% of the drop was recovered five sessions later. Month end -8.55% on 2023-12-29 This month ended before the fifth session after the move. |
| 97 | BMEA More than one ranked move this month 2+ ranked moves | -18.54% |
against the close of 2023-12-06
session reconstructed
Session detail |
Clinical Trial Results |
Biomea Fusion to Present Long-Term Follow-Up Data from Ongoing Phase II Study (COVALENT-111) of BMF-219 in Adults with Type 2 Diabetes and Results from Ex-Vivo Human Islet Experiments at the World Congress Insulin Resistance, Diabetes & Cardiovascular Disease (WCIRDC)
09:15 ET premarket |
Five sessions later the drop was 28.6% bigger, at -23.85%. Month end -21.30% on 2023-12-29 |
| 98 | APDN under $25M today | -18.43% |
against the close of 2023-12-07
session reconstructed
Session detail |
Earnings |
Applied DNA Announces Fourth Quarter Fiscal Year 2023 Financial Results
16:05 ET after hours |
Five sessions later the drop was 130.6% bigger, at -42.50%. Month end -42.89% on 2023-12-29 |
| 99 | AAGR under $25M today | -18.28% |
against the close of 2023-12-15
session reconstructed
Session detail |
Leadership Change |
African Agriculture Inc. Holdings Welcomes Mr. Osman Ahmed, Managing Director and Head of Private Equity at 10X Capital, to its Board of Directors
08:30 ET premarket |
It recovered the whole drop and closed 104.01% above the pre-news price. Month end +109.03% on 2023-12-29 |
| 100 | VLD under $25M today More than one ranked move this month 2+ ranked moves | -18.10% |
against the close of 2023-12-14
session reconstructed
Session detail |
Leadership Change |
Velo3D Announces Leadership Transition and Commencement of Strategic Business Review
08:00 ET premarket |
7.9% of the drop was recovered five sessions later. Month end -42.38% on 2023-12-29 |
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today. 238 events never entered this month's eligible pool, because the ticker is a warrant, a unit, a right or a preferred rather than common stock, or carries a stored capitalization above $10 trillion, which is larger than any company has reached. Exclude the $5M to $25M band
7 candidate events for this board could not be anchored to a trading session and are not listed.
2 events were left out of this board because the vendor names the ticker as a preferred, a note, a depositary share or a fund rather than a company's common stock.
1 event was left out of this board because the price series changes basis between the baseline close and the measured one, so the two prices do not describe the same shares of the same company and their ratio measures a corporate action, or a change in what the ticker identifies, rather than a move.
10 events were left out of this board because the measured session set no price of its own, trading either nothing at all or barely moving on an ordinary day's volume, so the figure it would be ranked on is a price carried onto the tape rather than a close.
1 event was left out of this board because the measured session changed hands for less than $25,000 in total, so the percentage prices a handful of shares rather than a move anyone could have taken.
1 event was left out of this board because the ticker had not traded for more than 10 days before the measured session, so no comparable prior close exists.
Company names are not shown on months older than a year, because only the current holder of each ticker is known.
Whole board, unfiltered
In December 2023, the median decliner was 9.8% deeper below its pre-news close five sessions later; the largest catalyst group was Offering / Dilution, 26 of the 100 events, at a median of -33.8%.
Close-to-close change on the measured trading session, against the previous close.
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.
Which catalysts drove the board
Swipe the table sideways for the day +5 columns.
| Catalyst | Events | Share of board | Median move close to close | Median at day +5 | Still below the pre-news close at day +5 |
|---|---|---|---|---|---|
| Offering / Dilution | 26 | 26.0% | -33.8% | -44.8% | 100.0% of 26 |
| Clinical Trial Results | 20 | 20.0% | -30.4% | -32.6% | 100.0% of 20 |
| Other Announcement | 17 | 17.0% | -26.5% | -29.9% | 100.0% of 17 |
| Earnings | 13 | 13.0% | -22.2% | -31.3% | 92.3% of 13 |
| FDA & Regulatory | 5 | 5.0% | Fewer than 10 events in this group, so no figures are shown. | ||
7 other catalyst types, 19 events: Contract / Partnership, Leadership Change, Reverse Merger / Shell, Uplisting / Compliance, M&A / Acquisition, Crypto & Treasury, Buyback / Dividend.
How much of the drop held
| Horizon | Still below the pre-news close close to close | Median change since the measured close as a share of the drop |
|---|---|---|
| Day +1 | 98.0% of 98 | 2.4% deeper below baseline, of 98 |
| Day +5 | 98.0% of 98 | 9.8% deeper below baseline, of 98 |
| Month end | 92.5% of 93 | 3.2% deeper below baseline, of 93 |
| Month end falls before day +5 for 12 of these 93 events, so this row is not a later horizon than the one above it. 93 of the 100 events have a month-end close later than the measured session; 5 have it on the measured session itself, and 2 have no month-end close. | ||
Both figures in a row are measured over the events that have a close at that horizon, the count printed beside each of them, not over all 100 events on this board, which is why the denominators differ between rows.
Repeat runners
Some companies move on news more than once. The left list holds the ones that moved twice or more this month; the right list holds the ones that also moved in the months before it. The ranking above shows one row per move, so a name that keeps coming back is only visible here.
Moved twice or more inside December 2023
Two or more ranked moves this month, each on a different trading day.
| Symbol | Measured sessions | Largest drop |
|---|---|---|
| BLUE | 3Offering / Dilution, FDA & Regulatory | -45.68% |
| TRKA | 2Other Announcement, Uplisting / Compliance | -71.85% |
| GGE | 2Offering / Dilution | -44.08% |
| VLD | 2Offering / Dilution, Leadership Change | -33.67% |
| MLGO | 2Crypto & Treasury | -30.67% |
| BMEA | 2Clinical Trial Results | -30.31% |
| PCSA | 2FDA & Regulatory, Clinical Trial Results | -25.40% |
| VAPO | 2Other Announcement | -23.86% |
Also fallen on news in earlier months
Ranked in at least two of the three months before this one. They are listed whether or not they rank this month, which is why the months are named.
| Symbol | Months | Largest drop |
|---|---|---|
| VTYX | 2023-11, 2023-10 | -80.62% |
| LICY | 2023-11, 2023-10 | -55.12% |
| RNLX | 2023-11, 2023-09 | -37.51% |
| SLRN | 2023-11, 2023-09 | -54.12% |
| LQR | 2023-11, 2023-10 | -27.83% |
| PSTV | 2023-11, 2023-09 | -53.54% |
| FEMY | 2023-10, 2023-09 | -35.99% |
| FFIE | 2023-10, 2023-09 | -44.31% |
| CNXA | 2023-10, 2023-09 | -27.33% |
| HARP | 2023-10, 2023-09 | -23.26% |
What the board was made of
Price before the move
Price bands are not shown on months older than a year, because the stored prices are adjusted for splits done since and a company that has reverse-split lands in a band its shares never traded in.
When the announcement landed
Volume against normal
Industry
20 other industries, 25 events
Industry not known: 30.0%
9 events on this board carry the flag for a move that ran against its own release, too few to say whether the flag predicts anything.
Against November 2023
100 events in the comparable window.
November 2023 median -35.1%, selected from the 11,063 events in that month's eligible pool
December 2023 median -28.8%, 6.3 points shallower than November 2023. December 2023's median is taken over the 100 ranked rows, selected from the 6,174 events in that month's eligible pool.
The two windows drew on pools of very different size, so part of the gap between the medians is how deep into each pool the top hundred reaches rather than how severe the moves were.
How this ranking is measured
Close-to-close change on the measured trading session, against the previous close.
- An announcement before 16:00 ET is measured on that trading day; one at or after 16:00 ET, or on a weekend, is measured on the next trading day.
- One row per company and measured session. Other announcements the company made in the same session are listed inside the row.
- A ranking is a coincidence of news and price on the same session, not proof that the news caused the move. Part of an intraday move can precede the announcement.
- No Stated Cause marks a release in which the company itself says it knows of no reason for the move, while Other Announcement marks a release these rules could not classify.
Eligibility uses each company's capitalization today, not its capitalization at the time. Archive boards can therefore change as companies grow or shrink.
Prices are adjusted for stock splits the company has done since, so an older row's dollar figures are stated on today's share count and are not the prices that traded that day. The percentage move, the dollar volume and the relative volume are unaffected, because both prices carry the same adjustment. The session's share count carries the adjustment too, so the shares figure beside the dollar volume is that count restated on today's basis rather than the number of shares that changed hands. Where the ticker was retired the price series stops with it and no later adjustment reached it, so those rows are marked as traded and their dollars are the ones that changed hands on the day.
Market cap is not shown on months older than a year, because only today's figure exists.
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.
On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.
This archive starts at 2020-04, the first month with ranked moves.