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Why Kaival Brands Innovations Shares Are Trading Lower By 47%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Benzinga ·  Jun 22 02:04

Shares ofKaival Brands Innovations Group, Inc. (NASDAQ:KAVL) fell sharply during Friday's session after the company announced pricing of $6.0 million public offering.

Kaival Brands priced its 3,921,500 unit offering at $15.3 per unit.

Kaival Brands Innovations Group shares dipped 47% to $1.52 on Friday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • American Rebel Holdings, Inc. (NASDAQ:AREB) shares jumped 161% to $0.8048 after the company signed a Connecticut distribution agreement with Dichello Distributors.
  • Sharecare, Inc. (NASDAQ:SHCR) jumped 74% to $1.35 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.
  • Spectaire Holdings Inc. (NASDAQ...
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