Shares of Catabasis Pharmaceuticals, Inc. (NASDAQ: CATB) got a boost, shooting 88% to $4.5690 after the company announced the acquisition of Quellis Biosciences.
GameStop Corp. (NYSE: GME) shares were also up, gaining 58% to $305.95 after Robinhood said it would allow some buying of the stocks on Friday after sparking outrage over discontinuing purchases of GME, AMC, and high stocks seeing social media interest. The company’s stock dropped over 44% on Thursday.
Equities Trading DOWN
Drive Shack Inc. (NASDAQ: DS) shares tumbled 22% to $2.46 after the company announced a common stock offering of 20.83 million shares at $2.40 per share.
Shares of Ucommune International Ltd (NASDAQ: UK) were down 34% to $3.3750 after the company reported pricing of $20 million underwritten offering.