Boxed, Inc.

The stock market had a challenging 2022 due to macro and geopolitical headwinds, with high-profile names suffering losses. The S&P 500 lost about 20%, and the Nasdaq Composite dropped around 33%.  Even industry giants like Tesla Inc (NASDAQ: TSLA) experienced significant declines. Many heavily-valued stocks suffered losses due to industry-wide concerns, including startups in the electric vehicle industry. A major investment bank, Credit Suisse AG (NYSE: CS), faced compliance failures and dwindling business, leading to regulatory scrutiny and a record-low stock price before being rescued by UBS Group AG (NYSE: UBS). See Also: Best Penny Stocks Here’s a Benzinga-compiled list of some of the fallen angels: The Mean Memes: The meme stock frenzy saw some retail darlings shoot up thanks to social media backing from retail investors. WallStreetBets, a Reddit thread, allegedly facilitated stock price manipulation. The buying frenzy was also fueled by stimulus checks and discount brokerages. Many of the stocks that surged belonged to COVID-relevant companies. As the pandemic subsided, most meme stocks crashed from stratospheric levels. AMC Entertainment Holdings, Inc. (NYSE: AMC): The movie-theater chain’s stock picked up momentum in early 2021, going from penny stock territory and topping out at $72.62 in early June 2021. Since then, it has erased much of its gains. Bed Bath & Beyond, Inc. (NASDAQ: BBBY): The home improvement retailer was seen as a poster child of the meme phenomenon amid the frenzy but has since then seen its fortunes wane. The company is currently teetering on ...

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Gainers SCYNEXIS, Inc. (NASDAQ: SCYX) shares climbed 68% to $2.8184 after the company announced an exclusive license agreement with GSK for Brexafemme, in which the company will receive an upfront payment of $90 million. Palisade Bio, Inc. (NASDAQ: PALI) rose 49% to $2.51 after Maxim Group upgraded the stock from Hold to Buy and announced a $50 price target. National CineMedia, Inc. (NASDAQ: NCMI) jumped 32.1% to $0.1510. National CineMedia is preparing for Chapter 11 filing, the Wall Street Journal reported last week. Boxed, Inc. (NYSE: BOXD) jumped 31.9% to $0.2120 after declining 6% on Wednesday. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives. Accelerate Diagnostics, Inc. (NASDAQ: AXDX) surged 27.5% to $0.64 after the company reported better-than-expected Q4 sales results. EVgo, Inc. (NASDAQ: EVGO) shares gained 24.4% to $7.17 after the company reported that fourth-quarter sales nearly quadrupled year-on-year to $27.30 million, beating the consensus of $21.82 million. Toro Corp. (NASDAQ: TORO) climbed 21% to $2.36 after gaining around 20% on Wednesday. Puma Biotechnology, Inc. (NASDAQ: PBYI) gained 20.6% to $3.0750. Safe & Green Holdings Corp. (NASDAQ: SGBX) shares climbed 18.8% to $0.96 after the company reported Q4 results. Conformis, Inc. (NASDAQ: CFMS) jumped 18.5% to $1.79. Conformis recently posted upbeat quarterly results. Digital Media Solutions, Inc. (NYSE: DMS) rose 18.5% to $0.9507. The company recently signed an agreement to acquire the HomeQuote.io home services marketplace from Customer Direct Group, along with their brand direct international ad network. YS Biopharma Co., Ltd. (NASDAQ: YS) gained 17.2% to $2.3797. Eos Energy Enterprises, Inc. (NASDAQ: EOSE) rose 17.1% to $2.46. Eos Energy Enterprises recently reported worse-than-expected Q4 sales results. Adamas One Corp. (NASDAQ: JEWL) gained 15.2% to $0.91. F45 Training Holdings Inc. ...

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