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

Shares of Arhaus, 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 tools to manage its lead generation platform.
• Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares climbed 47% to $2.1928 after gaining 8% on Friday.
• Hywin Holdings Ltd. (NASDAQ:HYW) gained 39.5% to $0.4352.
• Shapeways Holdings, Inc. (NASDAQ:SHPW) climbed 39% to $0.2918 after dipping 22% on Friday.
• Myomo, Inc. (NYSE:MYO) gained 32% to $3.80 after the company issued preliminary second-quarter revenue guidance above estimates.
• Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) shares rose 31% to $0.3129 after jumping over 38% on Friday.
• Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) climbed 31% to $0.7660 after the company closed a $2.5 million secured loan financing from an institutional investor, enabling the final payment of its litigation settlement.
• LL Flooring Holdings, Inc. (NYSE:LL) surged 20.4% to $0.6789.
• Nikola Corporation (NASDAQ:NKLA) rose 18.5% to $10.65.
• Grifols, S.A. (NASDAQ:GRFS) gained 17.2% to $8.24 after Brookfield confirmed it held exploratory discussions with certain shareholders of the company in relation to a potential joint offer for Grifols’ shares.
• Pulse Biosciences, Inc. (NASDAQ:PLSE) gained 17.2% to $14.13 after the company announced it received the Breakthrough Device Designation from the FDA for its Cardiac Surgery System for the ablation of cardiac tissue for the treatment of atrial fibrillation.
• Newegg Commerce, Inc. (NASDAQ:NEGG) climbed 16% to $1.23. Newegg Commerce said the Presale for its tenth annual FantasTech Sales event is now live.
• Ocean Power Technologies, Inc. (NASDAQ:OPTT) rose 16% to $0.4164 after the company signed a reseller agreement with Survey Equipment Services focused on the provision of OPT’s unmanned surface vehicles in the US.
• Mainz Biomed N.V. (NASDAQ:MYNZ) gained 16% to $0.45.
• R1 RCM Inc. (NASDAQ:RCM) shares climbed 14.2% to $12.52.
• Acelyrin, Inc. (NASDAQ:SLRN) gained 13.6% to $4.60.
• NANO Nuclear Energy Inc. (NASDAQ:NNE) shares gained 12.3% to $31.89 after surging 20% on Friday.
• IDEAYA Biosciences, Inc. (NASDAQ:IDYA) shares gained 12.1% to $38.41 after the company announced interim Phase 2 monotherapy expansion data for IDE397 in MTAP-deletion urothelial and lung cancer. Additionally, Mizuho initiated coverage on the stock with an Outperform rating.
• SolarEdge Technologies, Inc. (NASDAQ:SEDG) rose 11.3% to $27.88 after B of A Securities upgraded the stock from Underperform to Neutral.
• Corning Incorporated (NYSE:GLW) gained 9.4% to $42.05 after the company increased its second-quarter core sales guidance.
• Dynatronics Corporation (NASDAQ:DYNT) shares rose 8.6% to $0.2310 after declining around 8% on Friday.
• Paramount Global (NASDAQ:PARAA) rose 4.6% to $21.41. Paramount Global and Skydance Media inked a definitive agreement to create a new entity, "New Paramount," in a $28 billion merger deal.
• Intel Corporation (NASDAQ:INTC) gained 3.8% to $33.26. Intel has bypassed Vietnam for a substantial investment project, citing insufficient investment incentives.

Losers

• HilleVax, Inc. (NASDAQ:HLVX) shares dipped 86.7% to $1.87 after the company announced the NEST-IN1 clinical study did not meet its primary or secondary efficacy endpoints, and the company will discontinue further development of HIL-214 in infants.
• Adamas One Corp (NASDAQ:JEWL) shares dipped 83% to $0.3360 after dipping over 20% on Friday.
• China Liberal Education Holdings Limited (NASDAQ:CLEU) shares fell 66.4% to $0.7303 after dipping 24% on Friday.
• SYLA Technologies Co., Ltd. (NASDAQ:SYT) fell 31.1% to $2.0950.
• Chijet Motor Company, Inc. (NASDAQ:CJET) dipped 28.4% to $5.80.
• Ryde Group Ltd. (NASDAQ:RYDE) declined 22.8% to $6.33.
• Koss Corporation (NASDAQ:KOSS) fell 21% to $10.55.
• Wetouch Technology Inc. (NASDAQ:WETH) fell 19.5% to $2.57. Wetouch Technologies announced a $15 million stock buyback program to repurchase common stock.
• Calidi Biotherapeutics, Inc. (NYSE:CLDI) declined 19.4% to $0.16
• Beneficient (NASDAQ:BENF) shares fell 15.2% to $4.1050. Beneficient said it will release its fourth quarter financial results before the opening bell on Tuesday, July 9.
• ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares fell 15.1% to $18.77.
• Vivakor inc (NASDAQ:VIVK) shares fell 15% to $1.97.
• Inventiva S.A. (NYSE:IVA) shares fell 12% to $2.6050 after the company issued an update on its NATiV3 clinical program evaluating lanifibranor in patients with MASH/NASH and its financial position.
• Uxin Limited (NASDAQ:UXIN) dipped 11.3% to $1.77 after the company announced a partnership with Zhengzhou Airport Industry for the launch of a new used car superstore.
• Sirius XM Holdings Inc. (NASDAQ:SIRI) fell 10.7% to $3.3099.
• The Greenbrier Companies, Inc. (NYSE:GBX) dipped 10.6% to $43.37 after the company reported worse-than-expected quarterly financial results.
• Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares declined 7.2% to $0.2599 after jumping 60% on Friday.
• Assure Holdings Corp. (NASDAQ:IONM) fell 7% to $0.2943.
• Zuora, Inc. (NYSE:ZUO) fell 5.6% to $9.02. Craig-Hallum analyst Chad Bennett downgraded Zuora from Buy to Hold and lowered the price target from $12 to $10.

Now Read This: This Domino’s Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday