Global Mofy Metaverse Reports Follow-on Offering, Joins Lyft, Coinbase Global And Other Big Stocks Moving Lower On Friday

Applied Optoelectronics, Inc. -5.71%
Avalo Therapeutics, Inc. - Common Stock -5.40%
Bit Digital, Inc. -8.44%
Bitdeer Technologies Group - Ordinary Shares -8.07%
Canaan Inc. -4.76%

Applied Optoelectronics, Inc.

AAOI

11.23

-5.71%

Avalo Therapeutics, Inc. - Common Stock

AVTX

14.90

-5.40%

Bit Digital, Inc.

BTBT

2.06

-8.44%

Bitdeer Technologies Group - Ordinary Shares

BTDR

6.04

-8.07%

Canaan Inc.

CAN

1.20

-4.76%

U.S. stocks traded mixed, with the Nasdaq Composite falling around 0.3% on Friday.

Shares of Global Mofy Metaverse Limited (NASDAQ:GMM) shares fell sharply during Friday’s session after the company announced a $10 million follow-on offering.

Global Mofy Metaverse shares dipped 37.2% to $7.00 on Friday.

Here are some other big stocks recording losses in today’s session.

  • Canaan Inc. (NASDAQ:CAN) shares declined 20% to $2.24.
  • Bitdeer Technologies Group (NASDAQ:BTDR) shares dipped 17.1% to $10.95.
  • TeraWulf Inc. (NASDAQ:WULF) tumbled 16.3% to $2.5507.
  • Applied Optoelectronics, Inc. (NASDAQ:AAOI) dipped 14% to $18.84.
  • Avalo Therapeutics, Inc. (NASDAQ:AVTX) fell 13.7% to $10.21.
  • Tellurian Inc. (NASDAQ:TELL) shares fell 13.3% to $0.7621.
  • Bit Digital, Inc. (NASDAQ:BTBT) fell 11.8% to $4.4950.
  • CleanSpark, Inc. (NASDAQ:CLSK) declined 11.8% to $11.55.
  • Iris Energy Limited (NASDAQ:IREN) fell 11.7% to $7.52.
  • Hut 8 Corp. (NASDAQ:HUT) declined 11% to $14.36. Hut 8 said the United States Bankruptcy Court for the Southern District of New York granted approval to proceed with full mining operations plan in connection to Celsius Network LLC bankruptcy proceedings.
  • Wheels Up Experience Inc. (NYSE:UP) fell 10.7% to $3.59.
  • Cipher Mining Inc. (NASDAQ:CIFR) fell 10% to $4.3045.
  • Incannex Healthcare Inc. (NASDAQ:IXHL) tumbled 8.7% to $4.40.
  • Esperion Therapeutics, Inc. (NASDAQ:ESPR) fell 7.9% to $2.8350.
  • Upstart Holdings, Inc. (NASDAQ:UPST) fell 8% to $40.65.
  • Marathon Digital Holdings, Inc. (NASDAQ:MARA) declined 7.7% to $25.95.
  • Coinbase Global, Inc. (NASDAQ:COIN) fell 6.7% to $173.83. Coinbase Global Director Frederick Ernest Ehrsam III sold a total of 101,936 shares at an average price of $173.76
  • Lyft, Inc. (NASDAQ:LYFT) fell 3.8% to $14.94. Nomura downgraded Lyft from Neutral to Reduce and raised the price target from $11.7 to $13. Lyft Chief Accounting Officer Lisa Blackwoodkapral sold a total of 18,581 shares at an average price of $15.26.

 

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