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

+1.66%

+2.11%

+7.47%

-3.39%

+3.05%

Applied Optoelectronics, Inc. AAOI	26.88	+1.66%
Avalo Therapeutics, Inc. - Common Stock AVTX	4.85	+2.11%
Bit Digital, Inc. BTBT	3.74	+7.47%
Bitdeer Technologies Holding Co Ordinary Shares BTDR	12.68	-3.39%
Canaan Inc. CAN	0.72	+3.05%

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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