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Why Arhaus Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga ·  01:16

Shares ofArhaus, Inc. (NASDAQ:ARHS) fell sharply during Monday's session.

Jefferies analyst Jonathan Matuszewski downgraded Arhaus from Buy to Hold and lowered the price target from $22 to $16.

Arhaus shares dipped 7.9% to $14.55 on Monday.

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

Gainers

  • Morphic Holding, Inc. (NASDAQ:MORF) shares jumped 75% to $55.72 after Eli Lilly agreed to buy the company for $57 per share in cash.
  • Zapp Electric Vehicles Group Limited(NASDAQ:ZAPP) climbed 71% to $6.97 after jumping around 50% on Friday.
  • SRIVARU Holding Limited (NASDAQ:SVMH) shares climbed 61.3% to $0.2549 after the company announced the deployment of advanced AI...
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