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Why Nikola Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga ·  Aug 20 01:37

Shares ofNikola Corporation(NASDAQ:NKLA) fell sharply in Monday's session after the company announced it entered into a securities purchase agreement and filed for a mixed shelf offering.

Nikola shares dipped 10.4% to $7.28 on Monday.

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

Gainers

  • Alzamend Neuro, Inc. (NASDAQ:ALZN) shares jumped 262% to $7.37 after the company announced that it is partnering with Massachusetts General Hospital as its contract research organization to conduct first of its kind Phase II clinical study of AL001 for treatment of patients with PTSD.
  • Virax Biolabs Group Limited (NASDAQ:VRAX) gained 152% to $5.37. Shares...
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