Following were the most active stock losers on Wednesday. Traders may keep a eye on these stocks as momentum may continue see buying at lower level.
The Graystone Company (OTCMKTS:GYST) entered the bitcoin mining industry with a bang. Starting its mining operations on September 15th of last year, the company has already reported $176,926 in revenues. Now is the time to research this company because its Jan. 27th press signals major 2022 earnings potential.GYST may have a higher EPS than top BTC miners MARA, GREE, and BTCM by year’s end. Trading near $0.02 now, most investors are unaware of this fast-growing bitcoin miner, start your research today.
LogicBio Therapeutics Inc. (NASDAQ:LOGC) stock has been trending lower over the past few weeks with a fall of 73% in the past month. Moreover, the stock has slumped 55% so far this week. On Wednesday, LOGC stock was down 54.83% to $0.6775 with more than 5.18 million shares exchanged hands, below its average volume of 99K shares. The stock is trading above 5% from its 52-week low and 92% away from its 52-week high. The stock was hammered by as the FDA ordered the clinical hold after two of the four patients who had been dosed in the trial developed severe blood reactions.
Triterras Inc. (NASDAQ:TRIT) was one the major stock movers in the previous session on unusual volume. The stock went down 10% to $1.64 with more than 650K shares traded hands, compared to its average volume of 681K shares. The stock slumped another 41% in the pre-market session after the Nasdaq Hearing Panel denied the fintech firm’s appeal to the Nasdaq Stock Market staff’s decision to delist the company’s stock.
ZW Data Action Technologies Inc. (NASDAQ:CNET) stock continued to trend lower after the recent slump. AGRI stock ended lower by 4.75 to $0.80 with more than 383K shares exchanged hands, above its average volume of 231K shares. The stock is trading above 50% from its 52-week low and 80% away from its 52-week high. ZW Data Action Technologies Inc., through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis management systems in the People’s Republic of China.
Palisade Bio Inc. (NASDAQ:PALI) stock continued to trend lower after the recent slump. The stock has moved down 32% over the past one month. PALI stock closed lower by 17.07% to $1.02 in previous trading session with volume of 35.36 million shares, compared to its average volume of 163K shares. Palisade Bio, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing oral therapies that target serious diseases associated with the breakdown of the mucosal barrier protecting the gastrointestinal tract.
U.S. Well Services Inc. (NASDAQ:USWS) stock continued to trend lower and fell near to its 52-week low. EPZM stock ended lower by 21% to $0.8610 with more than 1.44 million shares exchanged hands, above its average volume of 634k shares. The stock is trading above 1% from its 52-week low and 92% away from its 52-week high.
Earlier this week, the company updated on recent commercial activity as well as capital markets and strategic alternatives. The Company also announced preliminary selected unaudited financial and operating highlights for the fourth quarter of 2021.
